WELLSPRING (EIN 383043083) - 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

1986

Legal Domicile

Principal Officer

HENRY WELLS

Phone

3132559085

Tax Period

2023-01-01 to 2023-12-31

WELLSPRING, founded in 1986, is a small nonprofit in the Crime & Legal sector that reported $771K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $210K, a strong 27% operating margin.

Mission

SIGNIFICANT ACTIVITIES INCLUDING KUMON MATH & READING, COLLEGE PREPARATION,FIELD TRIPS, OUTDOOR RECREATION SUCH AS CAMPING & KAYAKING, LEADERSHIP DEVELOPMENT, SUMMER EMPLOYMENT AND CHRISTIAN DISCIPLESHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $711,745

Program Service Revenue $30,985

Investment Income $11,869

Other Revenue $16,635

TOTAL REVENUE $771,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,875

Fundraising Expenses $0

Program Expenses $528,263

Other Expenses $194,761

TOTAL EXPENSES $561,636

Year-over-Year Comparison

	2023	2022	Change
Revenue	$771,234	$676,872	+0.1%
Expenses	$561,636	$610,634	-0.1%
Net Income	$209,598	$66,238	+2.2%

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

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

$56,000

Total Directors

$56,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL T BANDROWSKI	CO DIRECTOR/	35.00	Officer Director	$56,000	$0	$56,000
SHUNA HAYWARD	DIRECTOR	0.00	Director	$0	$0	$0
MERIDITH LOVE	DIRECTOR	N/A	Director	$0	$0	$0
KOURTNEY NELOMS	DIRECTOR	N/A	Director	$0	$0	$0
QUAN NELOMS	DIRECTOR	0.00	Director	$0	$0	$0
MISHAEL RAIFORD	CHAIRMAN	0.00	Officer Director	$0	$0	$0
SHERRY SHORT	TREASURER	1.00	Officer Director	$0	$0	$0
LARRY SIMMONS	DIRECTOR	0.00	Director	$0	$0	$0
PASTOR TIM TERHUNE	DIRECTOR	N/A	Director	$0	$0	$0
HENRY WELLS	SECRETARY	1.00	Officer Director	$0	$0	$0
STEOHANIE A YOUNG	DIRECTOR	0.00	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	$771,234	$561,636	$1,245,545	$209,598
2022	$676,872	$610,634	$1,044,409	$66,238
2021	$684,776	$564,366	$984,872	$120,410
2020	$519,239	$490,832	$863,018	$28,407
2019	$574,277	$459,167	$786,216	$115,110
2018	$479,045	$413,371	$667,479	$65,674

WELLSPRING