Wellspring Inc

Organization Overview

Wellspring Inc, operating under the name Wellspring Multi-Service Centers, is located in Hull, MA. The organization was established in 1988. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 06/2022, Wellspring Multi-Service Centers employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Multi-Service Centers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Wellspring Multi-Service Centers generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 11.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MULTI-SERVICE AGENCY PROVIDING MANY DIRECT SOCIAL SERVICES: EDUCATION, COMMUNITY OUTREACH, CASE MANAGEMENT, COUNSELING, TRANSPORTATION, CRISIS INTERVENTION, FOOD PROGRAMS,THRIFT SHOPS, ETC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLIENT SERVICES & CASE MANAGEMENT; COUNSELING, INCLUDING DOMESTIC VIOLENCE INTERVENTION AND OTHER CRISIS ISSUES; FOOD PANTRY; HOLIDAY MEALS & GIFTS; COMMUNITY OUTREACH AND SOCIAL SERVICE REFERRAL; ALL AT NO CHARGE.


ADULT LEARNING PROGRAMS FOR ALL AGES, FREE TO THE PUBLIC; ADULT LITERACY; GED/HI-SET, DIPLOMA PROGRAMS, PROGRAMS FOR YOUNG ADULTS WITH LEARNING DISABILITIES, YOUNG MOTHERS AND OTHER STUDENTS IN THE AGE RANGE OF 16-22.


THRIFT SHOP SELLING DONATED CLOTHING, BOOKS, TOYS, FURNITURE & HOUSEHOLD ITEMS AT LOW COST TO THE PUBLIC. ALL MERCHANDISE IS RECEIVED AS DONATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Vincent Harte
President/chief Executive
$141,483
Robert Carney
Secretary/clerk
$0
Susan Weisenbeck
Treasurer
$0
Kris Broe
Chairman
$0
Emily Curtis Pott
Vice-Chairman
$0
Patricia Cormier
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
409 Washington St Realty Trust
Rent
$48,780
Hatherly Country Club
Tournament Space
$24,130
Cohasset Hospitality Partners
Function Space
$44,457
Mary Stasik
Cleaning
$11,700
Goodwin Graphics
Graphic Design
$10,525
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $116,043
All other contributions, gifts, grants, and similar amounts not included above$1,570,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,686,963
Total Program Service Revenue$318,507
Investment income $683
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $137,538
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,143,691

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wellspring Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Tr Ua Harold Brooks Foundation

Dallas, TX

PURPOSE: WELLSPRING MULTI-SERVICE

$30,000
View Grant Recipient Profile

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