Kentucky · Nonprofit
THE WELL INCUBATOR INC
THE WELL INCUBATOR INC (Kentucky) receives grants from 3 organizations whose IRS filings report $43,500 to it, the largest being THE GHEENS FOUNDATION INC ($20,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $62k
- Funders on record
- 3
- Grants received
- $44k
- Net assets
- $-8274
What The Well Incubator Inc does
Mission
Dedicated to connecting, supporting and growing lo
As stated on its FY2024 Form 990-EZ.
Program
Prep school academy where we work with 12 entrepreneurs to establish core business competencies to strenghthen their business
The program described on its FY2024 Form 990-EZ.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $152k to $94k (−39%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
96% of THE WELL INCUBATOR INC’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of THE WELL INCUBATOR INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE WELL INCUBATOR INC leans on a few funders — its largest provides 46% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
THE WELL INCUBATOR INC draws 54% of its grant income from funders outside Kentucky, across 3 states in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE WELL INCUBATOR INC's revenue fell 59% between 2022 and 2024.
this organization peer median middle 50% of peers· 9,376 community improvement nonprofits under $100k, FY2024
Organizations like THE WELL INCUBATOR INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for THE WELL INCUBATOR INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE WELL INCUBATOR INC?
- THE WELL INCUBATOR INC (Kentucky) receives grants from 3 organizations whose IRS filings report $43,500 to it, the largest being THE GHEENS FOUNDATION INC ($20,000). 2 of them have funded it in more than one year.
- How many funders does THE WELL INCUBATOR INC have?
- IRS filings report 3 organizations giving $43,500 in grants to THE WELL INCUBATOR INC, 2 of which have funded it in more than one year.
- Who is the largest funder of THE WELL INCUBATOR INC?
- THE GHEENS FOUNDATION INC is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like THE WELL INCUBATOR INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Well Incubator →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing