BETHLEHEM, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE WELLSPRING FOUNDATION INC, founded in 1977, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $7.3M exceeded revenue, resulting in a 25% operating deficit.
WELLSPRING IS A THERAPEUTIC AND EDUCATIONAL CENTER DEDICATED TO HEALING AND LEARNING THROUGH RELATIONAL APPROACHES- TO SELF, OTHERS, CREATION, AND SPIRIT- WHICH TOUCH AND BRING FORTH THE WELLSPRING OF PERSONAL BEING UNIQUE TO EACH INDIVIDUAL, GIVING HOPE TO EACH PERSON AND FAMILY IN OUR CARE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,863,258 | $7,248,521 | -0.2% |
| Expenses | $7,328,785 | $6,747,457 | +0.1% |
| Net Income | $-1,465,527 | $501,064 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL MURRAY | CEO | 40.00 |
Officer
|
$172,256 | $900 | $173,156 |
| DR JOHN EWING | PSYCH DIR. | 18.00 |
Officer
|
$130,070 | $0 | $130,070 |
| PHYLLIS BEAUVAIS PHD | DIRECTOR | 2.00 |
Director
|
$5,115 | $445 | $5,560 |
| MICHAEL E ACKERMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BABETTE A BASIL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RACHEL BERKOWITZ | OFFICER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES W DONAGHY CPA | VICE CHAIRPE | 2.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA HALLENBECK-LIBBY | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| JILL HOGAN | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS W JASPER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELODEE C MORRISON LCSW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH KILBOURN GRAHAM MPA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| REV ROBERT F TUCKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $5,863,258 | $7,328,785 | $7,403,180 | $-1,465,527 |
| 2023 | $7,248,521 | $6,747,457 | $7,276,547 | $501,064 |
| 2022 | $5,676,810 | $5,952,498 | $6,587,130 | $-275,688 |
| 2021 | $5,934,063 | $5,650,517 | $7,938,638 | $283,546 |
| 2020 | $6,551,128 | $6,621,963 | $6,687,217 | $-70,835 |
| 2019 | $6,226,321 | $6,546,740 | $6,587,603 | $-320,419 |
Compare THE WELLSPRING FOUNDATION INC with other nonprofits in Connecticut and across the country.