Fargo, ND
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Wellspring for the World Inc, founded in 2005, is a small nonprofit that reported $196K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $318K exceeded revenue, resulting in a 63% operating deficit.
The mission of Wellspring for the World is to provide safe drinking water for the people of the world.
Wellspring for the World completed their 1,000 well campaign in October 2020. They continue to partner with global water supplier World Vision to provide additional water points through World...
Wellspring for the World completed their 1,000 well campaign in October 2020. They continue to partner with global water supplier World Vision to provide additional water points through World Vision's Global Water sector. Wellspring has expanded their reach outside of the 10 African countries previously served and now fund water points wherever World Vision works to provide clean water.As of December 2023, Wellspring for the World provided total lifetime funding of $4,917,100.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $195,562 | $171,157 | +0.1% |
| Expenses | $317,983 | $293,121 | +0.1% |
| Net Income | $-122,421 | $-121,964 | +0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bonnie Freeland | Pres(Jan-Sept)/Board Member(From Sept) | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sue Anderson | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Maureen Bartelt | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rynell Freeland | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kim Lauf | Board Member (thru Aug) | 5.00 |
Director
|
$0 | $0 | $0 |
| Jon Forness | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Mark Larsen | Board Member/PR Rep | 5.00 |
Director
|
$0 | $0 | $0 |
| Al Jaeger | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Chris Pope | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Abby Kohls | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Abby Freeland | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Sarah Lindemann | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $195,562 | $317,983 | $171,792 | $-122,421 |
| 2022 | $171,157 | $293,121 | $469,780 | $-121,964 |
| 2021 | $160,576 | $294,282 | $597,718 | $-133,706 |
| 2020 | $393,754 | $282,164 | $731,352 | $111,590 |
| 2019 | $280,292 | $593,734 | $619,562 | $-313,442 |
| 2018 | $1,401,088 | $743,412 | $933,727 | $657,676 |
Compare Wellspring for the World Inc with other nonprofits in North Dakota and across the country.