Wellspring Institute Inc
- Assets
- $6.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hardwick, VT
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 03-0367959
Organization Overview
Wellspring Institute Inc, operating under the name Wellspring Health & Wellness, is located in Hardwick, VT. The organization was established in 2002. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Health & Wellness is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wellspring Health & Wellness generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.4%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE ARE MAINTAINING OUR BASE OF SIX FTE CLINICIANS AND ARE SERVING APPROXIMATELY 150 CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Mcguire Executive Dir. | Trustee | 0 | $0 |
Tracy Annis President | Trustee | 0 | $0 |
Karen Holmes Secretary | Trustee | 0 | $0 |
Drex Wright President | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $13,478 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,604 |
| Professional fees and other payments to independent contractors | $2,496 |
| Occupancy, rent, utilities, and maintenance | $2,406 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $8,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,972 |
| Other assets | $0 |
| Total assets | $5,972 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,972 |
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