WELLSPRINGS VILLAGE INC (EIN 760251130) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

CAROLE UPDYKE

Phone

7135296559

Tax Period

2023-01-01 to 2023-12-31

WELLSPRINGS VILLAGE INC, founded in 1988, is a small nonprofit in the Human Services sector that reported $471K in total revenue in fiscal year 2023. Net assets of $1.6M represent 40 months of operating reserves.

Mission

WELLSPRINGS PROVIDES A SAFE, NURTURING ENVIRONMENT FOR WOMEN WHO WERE HOMELESS OR ABUSED, HELPING THEM TO BECOME INDEPENDENT CONTRIBUTING MEMBERS OF OUR COMMUNITY.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $498,026

Program Service Revenue $0

Investment Income $0

Other Revenue $-27,519

TOTAL REVENUE $470,507

Expense Breakdown

Grants Paid $65,108

Salaries & Benefits $277,641

Fundraising Expenses $27,465

Program Expenses $390,099

Other Expenses $155,305

TOTAL EXPENSES $498,054

Year-over-Year Comparison

	2023	2022	Change
Revenue	$470,507	$487,472	0.0%
Expenses	$498,054	$502,111	0.0%
Net Income	$-27,547	$-14,639	+0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

132

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

$70,000

Total Directors

$70,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLE UPDYKE	PRESIDENT	4.00	Officer Director	$0	$0	$0
VIRGINIA KAZMIERCZAK	VP/SECRETARY	4.00	Officer Director	$0	$0	$0
WILLIAM RICE	TREASURER	4.00	Officer Director	$0	$0	$0
CHARLES CARMOUCHE	MEMBER	4.00	Director	$0	$0	$0
MARY ANN GEIST	MEMBER	4.00	Director	$0	$0	$0
MARK JANIK	MEMBER	4.00	Director	$0	$0	$0
VALERIE BECKHAM	EX-OFFICIO	40.00	Officer Director	$70,000	$0	$70,000
BRANDON JENKINS	MEMBER	4.00	Director	$0	$0	$0
SARAH AUSTIN-MORRIS	MEMBER	4.00	Director	$0	$0	$0
CINDY KELLER PICAZO	MEMBER	4.00	Director	$0	$0	$0
CARLA GARCIA	MEMBER	4.00	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
2023	$470,507	$498,054	$1,746,537	$-27,547
2022	$487,472	$502,111	$1,777,698	$-14,639
2021	$429,676	$509,038	$1,775,772	$-79,362
2020	$441,640	$465,014	$1,859,698	$-23,374
2019	$427,190	$525,062	$1,728,755	$-97,872
2018	$418,029	$550,549	$1,823,981	$-132,520

WELLSPRINGS VILLAGE INC