WELLSPRING OF LIFE FARM INC (EIN 821445842) - 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

2018

Legal Domicile

Principal Officer

DAWN LEUNG

Phone

4104723682

Tax Period

2024-01-01 to 2024-12-31

WELLSPRING OF LIFE FARM INC, founded in 2018, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $92K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO OFFER ACTIVE MEMBERS AND VETERANS OF THE US MILITARY, FIST RESPONDERS AT RISK TEENS AND THEIR FAMILITES PLANNED PROGRAMS AND ACTIVITIES THAT MAY BE THERAPEUDIC IN NATURE

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,053

Program Service Revenue $54,577

Investment Income $0

Other Revenue $0

TOTAL REVENUE $69,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,389

Other Expenses $91,893

TOTAL EXPENSES $91,893

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,630	$109,777	-0.4%
Expenses	$91,893	$92,967	0.0%
Net Income	$-22,263	$16,810	-2.3%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAWN LEUNG	EXECUTIVE DIRECTOR	40.00	Officer 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	$69,630	$91,893	$311,528	$-22,263
2023	$109,777	$92,967	$333,791	$16,810
2022	$60,217	$70,676	$304,901	$-10,459
2021	$102,055	$48,842	$315,360	$53,213
2020	$195,184	$58,183	$262,147	$137,001
2019	$104,922	$34,436	$125,146	$70,486
2018	$73,911	$19,251	$54,660	$54,660

WELLSPRING OF LIFE FARM INC