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Vernon Wells Perfect 10 Charity Inc

  • Fort Worth, TX
  • Tax-exempt since July 2009
  • EIN: 26-4338987

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Youth Development / Youth Development Programs, Other (NTEE)

Details

According to its Sept. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$488k (2023)

Expenses
$117k (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$487,770
Expenses
$116,991
Net Income
$370,779
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $487,770
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,000
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $15,000 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
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Document Links

990
Filed on Jan. 19, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,387
Expenses
$45,235
Net Income
-$40,848
Net Assets
-$370,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,385
100.0%
Program Services $0
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $35,500
78.5%
Professional Fundraising Fees $0
Other Salaries and Wages $500
1.1%
Assets/Debt
Total Assets $121,686
Total Liabilities $492,465
Net Assets -$370,779
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $35,500 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
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Document Links

990
Filed on June 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,846
Expenses
$72,390
Net Income
-$70,544
Net Assets
-$329,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,845
99.9%
Program Services $0
Investment Income $1
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,500
47.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,500
2.1%
Assets/Debt
Total Assets $47,022
Total Liabilities $376,953
Net Assets -$329,931
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $34,500 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,421
Expenses
$76,802
Net Income
-$58,381
Net Assets
-$259,387
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,420
100.0%
Program Services $0
Investment Income $1
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,185
27.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $117,566
Total Liabilities $376,953
Net Assets -$259,387
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $21,185 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,131
Expenses
$94,165
Net Income
-$48,034
Net Assets
-$201,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,456
> 100%
Program Services $0
Investment Income $76
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$32,791
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $390
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
31.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $175,947
Total Liabilities $376,953
Net Assets -$201,006
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $30,000 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$40,541
Expenses
$163,458
Net Income
-$203,999
Net Assets
-$152,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,334
Program Services $0
Investment Income $33
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$135,008
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $100
Notable Expenses Percent of Total Expenses
Executive Compensation $59,500
36.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $261,466
Total Liabilities $414,438
Net Assets -$152,972
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Chris Howard (Secretary) $32,500 $0 $0
Marc Valenti (Cfo & Executive Director) $27,000 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 18, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$191,075
Expenses
$205,761
Net Income
-$14,686
Net Assets
$51,027
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,008
86.9%
Program Services $0
Investment Income $44
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $25,023
13.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $101,000
49.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $502,431
Total Liabilities $451,404
Net Assets $51,027
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Chris Howard (Secretary) $65,000 $0 $0
Marc Valenti (Cfo & Executive Director) $36,000 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
Jim Hurlburt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,540
Expenses
$238,510
Net Income
-$109,970
Net Assets
$65,713
Notable Sources of Revenue Percent of Total Revenue
Contributions $127,093
98.9%
Program Services $0
Investment Income $235
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $19,069
14.8%
Sales of Assets -$17,857
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $93,000
39.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $554,343
Total Liabilities $488,630
Net Assets $65,713
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Chris Howard (Secretary) $65,000 $0 $0
Marc Valenti (Cfo & Executive Director) $28,000 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
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Document Links

990
Filed on Sept. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$295,254
Expenses
$257,359
Net Income
$37,895
Net Assets
$175,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $232,007
78.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $63,247
21.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,962
43.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $709,039
Total Liabilities $533,356
Net Assets $175,683
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Chris Howard (Secretary) $63,339 $0 $0
Marc Valenti (Cfo & Executive Director) $48,623 $0 $0
Vernon Wells Iii (Vice President) $0 $0 $0
Charlene Wells (President) $0 $0 $0
Lara Niles (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$300,518
Expenses
$190,986
Net Income
$109,532
Net Assets
$137,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $174,118
57.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $75,132
25.0%
Net Fundraising $30,665
10.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,603
6.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $113,750
59.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $700,870
Total Liabilities $563,082
Net Assets $137,788
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $65,000 $0 $0
Chris Howard (Director Of Communications) $48,750 $0 $0
Vernon Wells Iii (President) $0 $0 $0
Charlene Wells (Vice President & Secretary) $0 $0 $0
Lara Niles (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,764
Expenses
$191,315
Net Income
-$56,551
Net Assets
$28,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $135,583
> 100%
Program Services $0
Investment Income $45
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,359
1.0%
Sales of Assets -$2,223
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $86,667
45.3%
Professional Fundraising Fees $0
Other Salaries and Wages $4,000
2.1%
Assets/Debt
Total Assets $591,338
Total Liabilities $563,082
Net Assets $28,256
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Marc Valenti (Cfo & Executive Director) $80,000 $0 $0
Chris Howard (Director Of Communications) $6,667 $0 $0
Vernon Wells Iii (President) $0 $0 $0
Charlene Wells (Vice President & Secretary) $0 $0 $0
Lara Niles (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$410,088
Expenses
$352,937
Net Income
$57,151
Net Assets
$94,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $307,828
75.1%
Program Services $0
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $106,863
26.1%
Sales of Assets -$4,609
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $97,750
27.7%
Professional Fundraising Fees $0
Other Salaries and Wages $22,400
6.3%
Assets/Debt
Total Assets $97,505
Total Liabilities $3,093
Net Assets $94,412

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$257,267
Expenses
$309,319
Net Income
-$52,052
Net Assets
$37,261
Notable Sources of Revenue Percent of Total Revenue
Contributions $258,679
> 100%
Program Services $0
Investment Income $48
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$4,782
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
12.9%
Professional Fundraising Fees $0
Other Salaries and Wages $122,667
39.7%
Assets/Debt
Total Assets $660,582
Total Liabilities $623,321
Net Assets $37,261

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

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