WELLSPRING MINISTRIES OF ALASKA INC (EIN 920168999) - 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

1999

Legal Domicile

Principal Officer

ARTHUR MATHIAS

Phone

9075639033

Tax Period

2024-07-01 to 2025-06-30

WELLSPRING MINISTRIES OF ALASKA INC, founded in 1999, is a small nonprofit in the Religion sector that reported $589K in total revenue in fiscal year 2024. Net assets of $3.3M represent 66 months of operating reserves.

Mission

MINISTRY OF SPIRITUAL HEALING, PERSONAL SALVATION, TEACHING, & ENCOURAGEMENT

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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 $161,781

Program Service Revenue $187,928

Investment Income $380

Other Revenue $238,901

TOTAL REVENUE $588,990

Expense Breakdown

Grants Paid $110,194

Salaries & Benefits $273,890

Fundraising Expenses $0

Program Expenses $546,373

Other Expenses $199,549

TOTAL EXPENSES $583,633

Year-over-Year Comparison

	2024	2023	Change
Revenue	$588,990	$601,820	0.0%
Expenses	$583,633	$670,758	-0.1%
Net Income	$5,357	$-68,938	-1.1%

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

N/A

Employees

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

$80,240

Total Directors

$80,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK HADLEY	DIRECTOR/SR	40.00	Director	$0	$0	$0
ARTHUR MATHIAS	PRESIDENT/TR	20.00	Officer Director	$50,000	$0	$50,000
MONICA MOSIER	DIRECTOR/SEC	40.00	Officer Director	$30,240	$0	$30,240
PATRICIA MATHIAS	VICE PRESIDE	5.00	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
2025	$588,990	$583,633	$5,307,069	$5,357
2024	$601,820	$670,758	$5,307,686	$-68,938
2023	$1,038,236	$1,034,463	$5,422,206	$3,773
2022	$1,605,866	$817,980	$5,636,149	$787,886
2021	$1,089,458	$616,010	$4,914,508	$473,448
2020	$817,445	$719,471	$4,591,560	$97,974
2019	$827,895	$796,421	$4,476,546	$31,474
2018	$891,492	$731,665	$4,492,527	$159,827

WELLSPRING MINISTRIES OF ALASKA INC