Wellspring
- Assets
- $1.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Menlo Park, CA
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 94-3210971
Organization Overview
Wellspring is located in Menlo Park, CA. The organization was established in 1994. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Wellspring employed 6 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 12/2021, Wellspring generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $879.8k during the year ending 12/2021. While expenses have increased by 16.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH CHRISTIAN SPIRITUAL FORMATION PRACTICES TO ENHANCE OUR RELATIONSHIP WITH GOD AND OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLSPRING PROVIDED RESOURCES FOR DEVELOPING PERSONAL SPIRITUALITY AND RENEWAL TO PASTORS, CHRISTIAN NON-PROFIT LEADERS AND OTHER LAY PEOPLE. HIGHLIGHTS OF 2021 INCLUDE:1. WELLSPRING'S SOULCARE PROGRAM FOR A COHORT OF 30 BAY AREA AND ORANGE COUNTY PASTORS AND NON-PROFIT LEADERS MET FOR NINE MONTHS.2. WELLSPRING'S SOULCARE NEXT PROGRAM FOR 31 PASTORS AND NONPROFIT LEADERS IN THE BAY AREA. MONTHLY GROUP RETREATS MEETING SEPTEMBER - APRIL.3. WELLSPRING'S PODCAST AIRING 1-2X/MONTH BEGINNING IN OCTOBER ON TOPICS RELATED TO CARING FOR SOULS.4. HELD RETREAT FOR 54 SOULCARE ALUMNI IN FEBRUARY.5. TWO HALF-DAY ADVENT RETREATS ATTENDED BY A TOTAL OF 130 PARTICIPANTS.6. HALF-DAY LENTEN RETREAT POSTED ONLINE FOR DOWNLOAD.7. INDIVIDUAL SPIRITUAL DIRECTION OFFERED BY 10 TRAINED DIRECTORS.8. CREATION OF ONLINE SPIRITUAL FORMATION RESOURCES INCLUDING DOWNLOADABLE PERSONAL RETREATS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Pierce Founder & President | OfficerTrustee | 40 | $81,240 |
Teresa O'neel Exec Dir Thru 11/2021. Secretary | OfficerTrustee | 40 | $78,160 |
Richard Gotthardt Board Member & Sr Partner | Trustee | 40 | $72,431 |
Anthony Mejia Exec Dir From 12/2021 | Trustee | 40 | $8,220 |
Ken Perez Treasurer | OfficerTrustee | 0.38 | $0 |
Ralph Harnett Board Chair | OfficerTrustee | 0.77 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,533 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,411,685 |
| Noncash contributions included in lines 1a–1f | $12,190 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,483,218 |
| Total Program Service Revenue | $21,635 |
| Investment income | $5,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $807 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,511,204 |
| 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. | $453,112 |
| Compensation of current officers, directors, key employees. | $67,967 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,168 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,316 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,050 |
| Advertising and promotion | $0 |
| Office expenses | $24,615 |
| Information technology | $6,671 |
| Royalties | $0 |
| Occupancy | $95,916 |
| Travel | $2,599 |
| 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 | $2,139 |
| Insurance | $10,367 |
| All other expenses | $5,303 |
| Total functional expenses | $879,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,001,654 |
| Savings and temporary cash investments | $306,146 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,445 |
| Net Land, buildings, and equipment | $6,175 |
| Investments—publicly traded securities | $117,962 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,438,382 |
| Accounts payable and accrued expenses | $697 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $697 |
| Net assets without donor restrictions | $1,437,685 |
| 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 | $1,438,382 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wellspring has recieved totaling $68,000.
| Awarding Organization | Amount |
|---|---|
Lowell Berry Foundation Lafayette, CA PURPOSE: EAST BAY CANDIDATES | $68,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
T E R I Inc Oceanside, CA | $30,038,706 | $24,071,259 |
Bibleproject Portland, OR | $22,318,162 | $14,590,233 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Catholic Charities Of The Diocese Of Oakland Oakland, CA | $39,560,106 | $13,377,446 |
Canal Alliance San Rafael, CA | $13,209,485 | $13,069,505 |
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Domestic Violence Action Center Honolulu, HI | $7,468,123 | $5,543,164 |