WELLSPRING COMMUNITY

🔒

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

2008

Legal Domicile

Principal Officer

NICOLE DEVRIES

Phone

3036601935

Tax Period

2023-01-01 to 2023-12-31

WELLSPRING COMMUNITY, founded in 2008, is a community nonprofit in the Human Services sector that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO CREATE A COMMUNITY WHERE ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ARE EMPOWERED TO LIVE FULL, PRODUCTIVE AND SATISFYING LIVES IN A GOD-CENTERED ENVIRONMENT. WE CARRY OUT OUR MISSION THROUGH OUR ROBUST DAY PROGRAM, MEANINGFUL WORK OPPORTUNITIES, AND INNOVATIVE RESIDENTIAL SERVICES.

Program Service Accomplishments

Program 1

Expenses: $1,646,486 Revenue: $1,424,278

WELLSPRING OFFERS A DAY PROGRAM FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. OUR DAY PROGRAM PARTNERS WITH 120 ADULTS WITH I/DD EACH WEEK. THIS PROGRAMMING PROVIDES THESE ADULTS THE OPPORTUNITY TO ENGAGE WITH PEERS AND THE BROADER COMMUNITY THROUGH ENRICHMENT ACTIVITIES IN PERFORMING ARTS, HEALTH AND FITNESS, LIFE AND LEADERSHIP SKILLS, AND MANY OTHER EDUCATIONAL OPPORTUNITIES. PARTICIPANTS IN OUR PROGRAM SEE INCREASED CONFIDENCE, GROWTH IN COMMUNICATION SKILLS AND OVERALL BETTER BEHAVIOR MANAGEMENT AS THEY INTERACT WITH PEERS, VOLUNTEERS AND COMMUNITY MEMBERS REGULARLY. FAMILIES SEE INCREASED INDEPENDENCE AND A GREATER SENSE OF OVERALL WELLBEING WHEN THEIR LOVED ONES PARTICIPATE IN WELLSPRING'S PROGRAM.

Program 2

Expenses: $784,047 Revenue: $206,879

WELLSPRING BELIEVES THAT MEANINGFUL WORK SHOULD BE A PART OF THE LIFE OF AN ADULT WITH I/DD. OUR WORK OPPORTUNITIES PROGRAM PROVIDES THE OPPORTUNITY FOR OVER 80 ADULTS WITH I/DD TO WORK AND EARN...

WELLSPRING BELIEVES THAT MEANINGFUL WORK SHOULD BE A PART OF THE LIFE OF AN ADULT WITH I/DD. OUR WORK OPPORTUNITIES PROGRAM PROVIDES THE OPPORTUNITY FOR OVER 80 ADULTS WITH I/DD TO WORK AND EARN MONEY. THE WELLSPRING & CO. BAKERY AND ART STUDIO TEACH JOB SKILLS RELATED TO BAKING AND CERAMICS. THE CASTLE ROCK COLLECTIVE EMPLOYS 38 OF OUR PARTICIPANTS WHO WORK EACH WEEK IN A COFFEE SHOP THAT SERVES THE PUBLIC IN DOWNTOWN CASTLE ROCK, COLORADO. PARTICIPANTS IN THESE WORK OPPORTUNITIES SHOW GROWTH IN INDEPENDENCE AND CONFIDENCE AS WELL AS EXPERIENCING THE PRIDE OF A JOB WELL DONE AND EARNING A PAYCHECK OR DIVIDEND CHECK.

Program 3

Expenses: $62,173 Revenue: $111,222

THE WELLSPRING VIRTUAL PROGRAM OFFERS THE WARMTH, VALUES, AND EXPERTISE OF OUR IN-PERSON PROGRAM COMBINED WITH THE ACCESSIBILITY AND FLEXIBILITY OF AN ONLINE EXPERIENCE. THE CLASSES THEY TEACH FALL INTO ONE OF OUR FIVE MAJOR SUBJECTS: LEARNING & ENRICHMENT, ARTS & PERFORMANCES, HEALTH & FITNESS, LIFE & LEADERSHIP SKILLS, AND SOCIAL RESPONSIBILITY.

🔒

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 $1,340,302

Program Service Revenue $1,742,379

Investment Income $44,431

Other Revenue $-26,107

TOTAL REVENUE $3,101,005

Expense Breakdown

Grants Paid $27,070

Salaries & Benefits $2,192,692

Fundraising Expenses $338,362

Program Expenses $2,492,706

Other Expenses $824,041

TOTAL EXPENSES $3,043,803

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,101,005	$2,758,818	+0.1%
Expenses	$3,043,803	$2,659,520	+0.1%
Net Income	$57,202	$99,298	-0.4%

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

245

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

$130,120

Total Directors