WELLSPRING INC (EIN 042969215) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

EMILY CURTIS POTT

Phone

7819253211

Tax Period

2022-07-01 to 2023-06-30

WELLSPRING INC, founded in 1987, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $601K, a strong 23% operating margin.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,533,937

Program Service Revenue $118,187

Investment Income $18,819

Other Revenue $-4,159

TOTAL REVENUE $2,666,784

Expense Breakdown

Grants Paid $171,236

Salaries & Benefits $1,360,395

Fundraising Expenses $287,744

Program Expenses $1,710,585

Other Expenses $534,146

TOTAL EXPENSES $2,065,777

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,666,784	$2,143,691	+0.2%
Expenses	$2,065,777	$1,647,007	+0.3%
Net Income	$601,007	$496,684	+0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

108

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$163,873

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CARNEY	SECRETARY/CLERK/DIRECTOR	1.00	Officer Director	$0	$0	$0
PATRICIA CORMIER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WEISENBECK	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
AMY WHITCOMB SLEMMER	DIRECTOR	1.00	Director	$0	$0	$0
KRIS BROE	CHAIRMAN/DIRECTOR	1.00	Officer Director	$0	$0	$0
STEPHANIE SHUTE KELSCH	DIRECTOR	1.00	Director	$0	$0	$0
MAURA DUNN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE JAUREGUI	DIRECTOR	1.00	Director	$0	$0	$0
ROSE DIPIETRO	DIRECTOR	1.00	Director	$0	$0	$0
ROB HESS	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE LIAO	DIRECTOR	1.00	Director	$0	$0	$0
EMILY CURTIS POTT	VICE-CHAIR/DIRECTOR	1.00	Officer Director	$0	$0	$0
MARY ROCHE	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY CARTER	DIRECTOR	1.00	Director	$0	$0	$0
ANNE STENFORS	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT HARTE	PRESIDENT/CEO	40.00	Officer	$142,673	$21,200	$163,873

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,666,784	$2,065,777	$4,230,519	$601,007
2022	$2,143,691	$1,647,007	$3,076,333	$496,684
2021	$1,998,896	$1,383,486	$3,164,419	$615,410

WELLSPRING INC