Wells Mountain Initiative

aka WMI   |   Bristol, VT   |
GuideStar Charity Check

Wells Mountain Initiative

EIN: 20-3823604


Wells Mountain Initiative works to create social change through education and community building by providing bright young people in the developing world with student scholarships and skills training, building a network of grassroots leaders who are catalyzing community transformation.

Ruling year info


Executive Director & Co-Founder

Jordyn Wells

Main address

25D Main Street

Bristol, VT 05443 USA

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Subject area info

Youth organizing

International development

Population served info

Children and youth

Young adults

Economically disadvantaged people

Extremely poor people

NTEE code info

International Development, Relief Services (Q30)

Youth Development Programs (O50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms


Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholars Program: Educational Scholarships

WMI provides education scholarships to highly motivated and ambitious young people with limited financial resources pursuing undergraduate degrees in developing countries. We support students pursuing degrees that will best help their own communities, including medicine & health services, community development, law, education, social sciences and engineering.

We encourage our student scholars to be critical thinkers. A fundamental component of the scholarship program is community service. Every WMI Scholar is required to complete a minimum of 100 hours of volunteering each year. Past volunteer activities have included conducting free health screenings, teaching and mentoring youth, and community clean-ups.

Population(s) Served
Economically disadvantaged people
Young adults

Scholars are encouraged to create strong bonds and assist one another throughout the process of succeeding academically and professionally. Fellowship groups are founded by scholars and have led to the building of support systems that provide networking and mentorship opportunities and the creation of group community service projects and activities.

Population(s) Served
Economically disadvantaged people
Young adults

The WMI Academy is open to all recent WMI Graduate Scholars to develop professional skills in business plan development and CBO/NGO organizational plan development. Due to the global pandemic, this program has been held virtually from 2020-2022. Industry professionals and leading university professors from multiple nations in Africa create an engaging environment during eight-week of training sessions. The WMI Academy cumulates with a live pitch presentation of new business, CBO and NGO ideas.

Population(s) Served
Economically disadvantaged people
Young adults

The Dream Big Conference, held every three years, brings together current student scholars and graduate scholars to learn, network, and create and strengthen in-country fellowship groups. Conference attendees participate in workshops, panels, team-building exercises, and community service activities. The next WMI Dream Big Conference will be held in 2023 in Nairobi, Kenya.

Population(s) Served
Economically disadvantaged people
Young adults

Community Development Grants are open exclusively to WMI Graduate Scholars and provide the opportunity to start or significantly expand a community-based organization (CBO), non-governmental organization (NGO), business, community service project or event. All graduate scholars are eligible to apply for a Seed Grant of up to $1000. Upon successful implementation of their Seed Grant, scholars are then eligible to work in-depth with WMI Staff to design expansion strategies and apply for a Growth Grant of up to $5000. Previous Seed Grants have supported primary and secondary education programs, vaccination clinics, agricultural empowerment projects, and peace and conflict resolution programs.

Population(s) Served
Economically disadvantaged people
Young adults

Where we work


Wells Mountain Initiative
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 472.31 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 11.6 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 6% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Wells Mountain Initiative

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Wells Mountain Initiative

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Wells Mountain Initiative

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Wells Mountain Initiative’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$37,904 $109,787 $1,770,115 -$308,380 -$923,883
As % of expenses -5.4% 16.7% 209.1% -36.3% -91.6%
Unrestricted surplus (deficit) after depreciation -$37,904 $109,787 $1,770,115 -$308,380 -$923,883
As % of expenses -5.4% 16.7% 209.1% -36.3% -91.6%
Revenue composition info
Total revenue (unrestricted & restricted) $669,618 $765,635 $2,616,738 $541,087 $84,182
Total revenue, % change over prior year -54.6% 14.3% 241.8% -79.3% -84.4%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 6.5% 6.8% 1.7% 9.6% 53.5%
Government grants 0.0% 0.0% 0.0% 6.9% 0.0%
All other grants and contributions 82.9% 82.6% 96.6% 102.6% 535.6%
Other revenue 10.5% 10.6% 1.7% -19.1% -489.1%
Expense composition info
Total expenses before depreciation $707,522 $655,848 $846,623 $849,467 $1,008,065
Total expenses, % change over prior year 41.9% -7.3% 29.1% 0.3% 18.7%
Personnel 24.5% 29.7% 33.5% 29.1% 33.1%
Professional fees 2.9% 3.0% 1.9% 4.4% 3.4%
Occupancy 0.0% 0.4% 0.2% 0.2% 0.4%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 53.6% 55.8% 55.3% 53.4% 53.6%
All other expenses 19.0% 11.1% 9.1% 12.8% 9.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $707,522 $655,848 $846,623 $849,467 $1,008,065
One month of savings $58,960 $54,654 $70,552 $70,789 $84,005
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $766,482 $710,502 $917,175 $920,256 $1,092,070

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 4.6 4.6 28.2 6.5 2.4
Months of cash and investments 25.5 29.4 48.4 43.3 25.5
Months of estimated liquid unrestricted net assets 25.3 29.3 47.8 43.3 25.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $268,750 $252,654 $1,991,688 $457,430 $198,758
Investments $1,233,073 $1,351,920 $1,419,542 $2,609,559 $1,945,152
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.5% 0.1% 1.1% 0.0% 0.1%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $1,494,057 $1,603,844 $3,373,959 $3,065,579 $2,141,696

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization

Executive Director & Co-Founder

Jordyn Wells

As WMI’s Executive Director, Jordyn oversees the day-to-day execution of the WMI’s vision, development of internal operational systems and planning and implementation of new programming. Previously, Jordyn worked for Shining Hope for Communities (SHOFCO), a Kenya-based NGO, from 2011-2016, most recently as the Chief Program Officer, where she led the design and implementation of SHOFCO’s operational, financial, and evaluation systems. Prior to SHOFCO, Jordyn served as the Chief Program Officer at As’s Chief Program Officer, Jordyn provided young people with the funds and training to start and grow their own community projects and nonprofit organizations. Jordyn has a BA in cultural anthropology from Bard College and a MSW, with a concentration in nonprofit management and international social welfare, from Columbia University

Number of employees

Source: IRS Form 990

Wells Mountain Initiative

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Wells Mountain Initiative

Board of directors
as of 07/29/2022
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Thomas Wells

Wells, Jaworski & Liebman, LLP, Attorneys-at-Law

Gwenael Apollon

YMCA Haiti

Didier Blesin

International Training Consultant

JT Bolger

Bolger & Co.

Rick Claydon

Ridgewood YMCA

Bob Dill


Marianne Dill

Brent Edmonds

Edmonds Contracting

Kenneth Forester


Susan Hunt

Bob Jones

CEO Emeritus, Children's Aid and Family Services

Rick Kushel

Fintop Capital

Ernie Lamour

Ridgewood YMCA

Christopher Lutz

Morgan Stanley

Gail Nystrom

Costa Rican Humanitarian Foundation

Seta Nazarian

Nonprofit Organizational Management Consultant

Dr. Mary Clark Romney

Retired, Medical Doctor

Denis Salamone

CEO Emeritus, Hudson City Bancorp

Leanne Tingay

Orton Family Foundation

Carol Vitz Wells

Bristol Suites & Vermont Marketplace

Philip Wells

Wells Architects

Jordyn Wells

Nonprofit Consultant & Executive Director, WMI

Jag Dalal

Speaker and Management, IT and Outsourcing Expert

Laurent Desmangles

Managing Director & Senior Partner, Boston Consulting Group

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 7/29/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data


No data