Jack T Wells Charitable Trust
Only null% goes to programs Strong reserves Declining revenue
Jack T Wells Charitable Trust is a 501(c)(3) organization based in Owensboro, Kentucky, registered in 2021, with $0 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1160, Owensboro, KY, 42302 EIN 86-1230417 Since 2021
Revenue (FY2024)
$0
Philanthropy median: $168K
Expenses (FY2024)
$4,150
Net assets
$31K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Jack T Wells Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating89 mo reserves
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jack T Wells Charitable Trust: 89 mo reserves earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Jack T Wells Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jack T Wells Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1160, Owensboro, KY, 42302
- City
- Owensboro
- State
- Kentucky
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $75K (FY2020) to $0 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $31K
Total assets
$31K
Total liabilities
$0
Net assets
$31K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0 | $4,150▼87.5% | $30,850▼11.9% | $30,850▼11.9% | 990PF |
| 2023 | $0▼100% | $33,200▲337% | $35,000▼48.7% | $35,000▼48.7% | 990PF |
| 2022 | $1,400▼36.4% | $7,600▲171% | $68,200▼8.3% | $68,200▼8.3% | 990PF |
| 2021 | $2,200▼97.1% | $2,800 | $74,400▼0.8% | $74,400▼0.8% | 990PF |
| 2020 | $75,000 | $0 | $75,000 | $75,000 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Jack T Wells Charitable Trust a legitimate nonprofit?
- Yes. Jack T Wells Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-1230417, based in Owensboro, Kentucky. Donations are tax-deductible.
- What is Jack T Wells Charitable Trust's EIN?
- Jack T Wells Charitable Trust's Employer Identification Number (EIN) is 86-1230417.
- How much revenue does Jack T Wells Charitable Trust report?
- Jack T Wells Charitable Trust reported $0 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jack T Wells Charitable Trust have?
- CharityIndex grades Jack T Wells Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for Jack T Wells Charitable Trust (EIN 86-1230417) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.