Wellspring Inc
- Assets
- $115.1k
- Revenue
- $73.3k
- Investments
- $0.0
- Employees
- 1
- Location
- West Bend, WI
- Founding
- 06/1984
- Data as of
- 12/2021
- EIN
- 39-1464269
Organization Overview
Wellspring Inc is located in West Bend, WI. The organization was established in 1984. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring 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 12/2021, Wellspring Inc generated $73.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $70.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL-TO EDUCATE AND TRAIN PEOPLE OF ALL AGES IN ORGANIC GARDENING/FARMING TO INSPIRE AND TEACH PEOPLE TO GROW, PREPARE AND EAT HEALTHY FOOD. IN SO DOING, WE TRANSFORM FOOD SYSTEMS AND BUILD COMMUNITY. THE ORGANIZATION DOES MARKETING ON NUTRITION AND PROVIDES RETREATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GARDEN PROGRAM SERVES APPOX 850 PEOPLE ANNUALLY BY TRAINING/EDUCATING THEM IN ORGANIC GARDENING, SOIL ENHANCEMENT AND PROTECTION AND NUTRITION. THEY ARE ALSO INSTRUCTED ON HEARBAL REMEDIES, FOOD PREPARATION AND PRESERVATION ALL VIA NEWSLETTERS, CLASSES, HANDS ON EXPERIENCES, TASTE TESTING, AND FIELD TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Otis-Wilborn Secretary | Officer | 0 | $0 |
Mary Schiller Treasurer | Officer | 0 | $0 |
Joseph Mantoan President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,463 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,296 |
| Total Program Service Revenue | $4,803 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $375 |
| Net Gain/Loss on Asset Sales | $26,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,289 |
| 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 | $83 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,612 |
| Fees for services: Management | $5,626 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,039 |
| Advertising and promotion | -$55 |
| Office expenses | $44 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,034 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,798 |
| Insurance | $6,226 |
| All other expenses | $423 |
| Total functional expenses | $70,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,793 |
| Savings and temporary cash investments | $57,055 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $280 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $36,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,145 |
| Accounts payable and accrued expenses | -$4,456 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $217 |
| Unsecured mortgages and notes payable | $30 |
| Other liabilities | $2,078 |
| Total liabilities | -$2,131 |
| Net assets without donor restrictions | $117,276 |
| 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 | $115,145 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wellspring Inc has recieved totaling $106.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
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|---|---|---|
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Rimland Services Nfp Evanston, IL | $9,728,915 | $10,325,660 |
Avery Coonley School Downers Grove, IL | $18,999,451 | $10,214,610 |
Noble Inc Indianapolis, IN | $22,159,492 | $10,346,959 |
Life Center Incorporated Livonia, MI | $3,564,999 | $10,151,694 |
Spero Family Services Mount Vernon, IL | $7,180,018 | $13,404,846 |
Hospice Of Kankakee Valley Inc Bourbonnais, IL | $24,029,362 | $11,860,695 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Community Living Connections Inc Madison, WI | $3,670,127 | $10,342,244 |
Lindner Center Of Hope Professional Associates Mason, OH | $872,961 | $8,136,686 |