Wellspring
- Assets
- $83.1k
- Revenue
- $742.1k
- Investments
- $0.0
- Employees
- 19
- Location
- Springfield, OH
- Founding
- 12/1965
- Data as of
- 06/2023
- EIN
- 31-0577663
Organization Overview
Wellspring is located in Springfield, OH. The organization was established in 1965. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2023, Wellspring employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring 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 06/2023, Wellspring generated $742.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $895.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WELLSPRING EMPOWERS INDIVIDUALS AND FAMILIES TO MAKE FUNDAMENTAL LIFE CHANGES THROUGH EXCEPTIONAL COUNCELING AND COMMUNITY OUTREACH THAT IMPROVES QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY COUNSELING PROVIDED TO RESIDENTS OF CLARK AND CHAMPAIGN COUNTIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richele Shepard Former Exec | Officer | 40 | $79,498 |
Christopher Chilton Trustee | Trustee | 1 | $0 |
Candace Copeland Trustee | Trustee | 1 | $0 |
Ben Galbreath Trustee | Trustee | 1 | $0 |
Bethany Geitgey-Whitacre Trustee | Trustee | 1 | $0 |
Bill Hicks Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $72,875 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $405,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,006 |
| Total Program Service Revenue | $263,118 |
| Investment income | $684 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $742,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,498 |
| Compensation of current officers, directors, key employees. | $11,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,976 |
| Pension plan accruals and contributions | $9,065 |
| Other employee benefits | $69,422 |
| Payroll taxes | $55,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,650 |
| Fees for services: Accounting | $28,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,949 |
| Travel | $1,397 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $548 |
| Interest | $338 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,464 |
| Insurance | $7,578 |
| All other expenses | $6,914 |
| Total functional expenses | $895,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,208 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,994 |
| Net Land, buildings, and equipment | $4,557 |
| Investments—publicly traded securities | $14,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,068 |
| Accounts payable and accrued expenses | $52,889 |
| Grants payable | $0 |
| Deferred revenue | $11,300 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $64,189 |
| Net assets without donor restrictions | $18,879 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $83,068 |