WELLSPRING COUNSELING INC

EIN: 270979279 501(c)(3) Mental Health

PALMETTO BAY, FL

Total Revenue
$1,490,888
Total Expenses
$1,561,227
Total Assets
$636,707
Net Assets
$411,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
TOVA KREPS
Phone
7865737010
Tax Period
2023-01-01 to 2023-12-31

WELLSPRING COUNSELING INC, founded in 2009, is a community nonprofit in the Mental Health sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

WELLSPRING COUNSELING IS A FAITH-BASED, NON-PROFIT ORGANIZATION THAT PROVIDES OUTREACH PROGRAMS FOR MENTAL HEALTH SERVICES AND EDUCATION IN A PROFESSIONAL, CHRISTIAN AND HOLISTIC WAY IN ORDER TO BRING ABOUT TRANSFORMING CHANGE IN INDIVIDUALS, COMMUNITIES AND FOR GENERATIONS TO COME.

Program Service Accomplishments

Program 1
Expenses: $1,245,446 Revenue: $1,208,452

COUNSELING PROGRAM: WELLSPRING PROVIDES COUNSELING SESSIONS TO THE GREATER MIAMI COMMUNITY AND BEYOND USING ITS STAFF OF LICENSED THERAPISTS, REGISTERED THERAPISTS AND MASTERS LEVEL INTERNS. THE...

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COUNSELING PROGRAM: WELLSPRING PROVIDES COUNSELING SESSIONS TO THE GREATER MIAMI COMMUNITY AND BEYOND USING ITS STAFF OF LICENSED THERAPISTS, REGISTERED THERAPISTS AND MASTERS LEVEL INTERNS. THE COUNSELING SESSIONS TREAT A WIDE RANGE OF ISSUES SUCH AS ANXIETY, TRAUMA, GRIEF AND LOSS, DEPRESSION, MARITAL AND FAMILY DIFFICULTIES, ADDICTION AND OTHER AREAS OF DESIRED CHANGE. WELLSPRING THERAPISTS UTILIZE A VARIETY OF CLINICAL MODALITIES, LIVE TELEHEALTH SESSIONS, AND COUNSELING SERVICES IN ENGLISH, SPANISH AND PORTUGUESE. WELLSPRING ALSO SERVES AS A TEACHING FACILITY PROVIDING SUPERVISION FOR MASTERS' LEVEL COUNSELING INTERNS. THROUGH A COUNTY FUNDED GRANT, WELLSPRING PROVIDES A TRAUMA RESOLUTION PROGRAM CALLED BOUNCE! TO YOUTH WHO EXPERIENCED TRAUMATIC EVENTS AND EXHIBITED POST TRAUMATIC STRESS DISORDER SYMPTOMS. WELLSPRING RECEIVED A FOUNDATION GRANT FOR BOUNCE! YOUTH PARTICIPANTS FOR FOLLOW UP COUNSELING. WELLSPRING'S STANDARD RATES FOR COUNSELING ARE BELOW CUSTOMARY FEES. WELLSPRING PROVIDES ACCESS TO COUNSELING FOR CLIENTS WITH FINANCIAL NEEDS THROUGH FINANCIAL AID AND SOLICITED FINANCIAL SUPPORT THROUGH FUNDRAISING EVENTS AND COMMUNITY-BASED ORGANIZATION GRANTS. CLIENTS WHO ARE ABLE TO PAY FOR COUNSELING THROUGH INSURANCE BILLING OR SELF-PAY ARE ENCOURAGED TO DO SO. THROUGHOUT THE YEARS, WELLSPRING HAS INCREASED THE NUMBER OF EMPLOYEES AND INVESTED IN AN ELECTRONIC MEDICAL RECORD SYSTEM WITH GREATER CAPACITY FOR GROWTH IN CLINICAL VOLUME. STARTING THE 2020 YEAR AND IN RESPONSE TO THE COVID PANDEMIC, WELLSPRING PROVIDED SERVICES VIA TELEHEALTH EXCLUSIVELY TO MAINTAIN SAFETY FOR EMPLOYEES AND CLIENTS. THIS SHIFT IN SERVICE PROVISION EXPANDED WELLSPRING'S CAPACITY TO SERVE CLIENTS ALL OVER THE STATE OF FLORIDA THROUGHOUT 2021. MENTAL HEALTH ISSUES AND TRAVEL RESTRICTIONS DURING THE PANDEMIC PROMPTED SEVERAL STATES TO DROP LICENSING RESTRICTIONS FOR THERAPISTS, SO WELLSPRING PROVIDED SERVICES TO CLIENTS IN OTHER STATES. AS WELL, WELLSPRING REGISTRATION IN THE STATE OF GEORGIA ENABLE WELLSPRING TO ACCOMMODATE FLORIDA CLINICIANS WHO RELOCATED AND PROVIDED TELEHEALTH SERVICES TO FLORIDA CLIENTS.

Program 2
Expenses: $38,146 Revenue: $37,013

EDUCATION AND OUTREACH PROGRAMS: WELLSPRING PARTNERS WITH CHURCHES AND OTHER NONPROFIT ORGANIZATIONS TO PROVIDE MENTAL HEALTH EDUCATION IN MIAMI-DADE COUNTY. IN THE PANDEMIC, THESE EVENTS WERE NO...

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EDUCATION AND OUTREACH PROGRAMS: WELLSPRING PARTNERS WITH CHURCHES AND OTHER NONPROFIT ORGANIZATIONS TO PROVIDE MENTAL HEALTH EDUCATION IN MIAMI-DADE COUNTY. IN THE PANDEMIC, THESE EVENTS WERE NO LONGER TAKING PLACE AFTER STATE AND LOCAL RESTRICTIONS FOR IN-PERSON GATHERINGS. WELLSPRING'S EDUCATIONAL AND OUTREACH EFFORTS CONTINUED IN THE PRODUCTION OF WELLSPRING ON THE AIR, A PODCAST/LOCAL RADIO PROGRAM THAT ADDRESSES MENTAL HEALTH TOPICS WITH A SCIENTIFIC AND BIBLICAL WORLDVIEW. THE WELLSPRING COUNSELING APP, AVAILABLE IN THE APPLE STORE AND GOOGLE PLAY, WAS ADDED AS A TOOL TO PROVIDE EASY AND FREE ACCESS TO EDUCATIONAL CONTENT. AS WELL, AN ONLINE WELLSPRING STORE WAS LAUNCHED TO PROVIDE ANOTHER ACCESSIBLE PLACE TO PROVIDE DIGITAL FREE MENTAL HEALTH EDUCATION CONTENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $234,246
Program Service Revenue $1,240,911
Investment Income $11,177
Other Revenue $4,554
TOTAL REVENUE $1,490,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,269,375
Fundraising Expenses $51,554
Program Expenses $1,283,592
Other Expenses $291,852
TOTAL EXPENSES $1,561,227

Year-over-Year Comparison

2023 2022 Change
Revenue $1,490,888 $1,492,232 0.0%
Expenses $1,561,227 $1,442,932 +0.1%
Net Income $-70,339 $49,300 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
40
Volunteers
N/A

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
3
$81,982
Total Directors
10
$81,982
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOVA KREPS PRESIDENT 40.00
Officer Director
$81,982 $0 $81,982
JAMES HANNON DIRECTOR 1.00
Director
$0 $0 $0
JAIME FERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCWHIRTER DIRECTOR 1.00
Director
$0 $0 $0
EMILIE WEIRDA DIRECTOR 1.00
Director
$0 $0 $0
JANICE BELBECK DIRECTOR 1.00
Director
$0 $0 $0
LINDA POWELL DIRECTOR 1.00
Director
$0 $0 $0
PETER RAFFALSKI TREASURER 2.00
Officer Director
$0 $0 $0
NIKKI TURNER BOARD CHAIR 2.00
Officer Director
$0 $0 $0
OMAR MORALES DIRECTOR 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,490,888 $1,561,227 $636,707 $-70,339
2022 $1,492,232 $1,442,932 $526,571 $49,300
2021 $1,542,953 $1,482,090 $560,214 $60,863
2020 $1,291,044 $1,141,843 $446,335 $149,201
2019 $1,066,664 $998,780 $291,089 $67,884
2018 $1,006,076 $905,416 $221,893 $100,660
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