Wellspring Christian Ministries Inc
- Assets
- $16.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laguna Niguel, CA
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 33-0589684
Organization Overview
Wellspring Christian Ministries Inc is located in Laguna Niguel, CA. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Christian Ministries Inc 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 12/2023, Wellspring Christian Ministries Inc generated $40.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $42.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF WELLSPRING IS TO HELP PEOPLE FIND STRENGTH IN GOD BY DEVELOPING A DEEP, HEART RELATIONSHIP WITH JESUS CHRIST. OUR ACTIVITIES FOR 2023 INCLUDE:*DEVELOPED COURSE MATERIALS AND TAUGHT THREE COURSES AT HARVEST BIBLE UNIVERSITY, LOS ANGELES. WINTER QUARTER:NEHEMIAH ON LEADERSHIP, SPRING QUARTER:UPPER ROOM DISCOURSE (JOHN 13-17), FALL QUARTER:OLD TESTAMENT SURVEY - I*THEOLOGICAL MENTOR AND DISSERTATION ADVISOR OF DOCTORAL STUDENTS AT HARVEST BIBLE UNIVERSITY*SERVING IN CAPACITY AS AN INTERNATIONAL COORDINATOR FOR HARVEST BIBLE UNIVERSITY, MET WITH THE LEADERS OF HARVEST'S EXTENSION CAMPUS IN SAN JOSE, COSTA RICA.*SERVED ON MISSIONS COMMITTEE, CHURCH BY THE SEA, LAGUNA BEACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Krantz President | 40 | $38,500 | |
Marie Krantz Secretary | 20 | $0 | |
Terry Ryan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,885 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,818 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,359 |
| Total expenses | $42,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,081 |
| Other assets | $0 |
| Total assets | $16,081 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,081 |