Wellspoken Ministries
- Assets
- $178.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greer, SC
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 20-1512939
Organization Overview
Wellspoken Ministries is located in Greer, SC. The organization was established in 2006. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspoken Ministries 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, Wellspoken Ministries generated $112.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $92.2k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
COSTS ATTRIBUTABLE TO GOSPEL MINISTRY SPEAKING ENGAGEMENTS TO A WIDE RANGE OF AUDIENCES, WHICH INCLUDE CHURCHES, MEN'S EVENTS, REVIVALS, YOUTH RALLIES, RETREATS, SEMINARS, SCHOOL ASSEMBLIES, CAMPS, ATHLETIC EVENTS, AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Wells Exec. Dir/pres | 40 | $37,787 | |
Jason Corbett Director | 0.38 | $0 | |
William Wallace Director | 0.38 | $0 | |
Robbie Sox Director, Treas | 0.38 | $0 | |
Brian Hardy Director | 0.38 | $0 | |
Michael Lord Director | 0.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,273 |
| Total Program Service Revenue | $18,470 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $47,834 |
| Other Revenue | $0 |
| Total Revenue | $112,583 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,076 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $50,958 |
| Total expenses | $92,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,706 |
| Other assets | $0 |
| Total assets | $178,262 |
| Total liabilities | $18,656 |
| Net assets or fund balances | $159,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wellspoken Ministries has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
The Chase And Ashley Anderson Family Foundation Florence, AL PURPOSE: BENEVOLENT DONATION | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Buckhead Christian Ministry Inc Atlanta, GA | $4,936,507 | $4,578,885 |
Lsa Elms At Tanglewood Inc Salisbury, NC | $5,908,421 | $4,986,081 |
Repairers Of The Breach Inc Goldsboro, NC | $11,539,240 | $12,587,715 |
The Church Initiative Inc Wake Forest, NC | $4,823,677 | $3,131,625 |
North Georgia Camp And Retreat Ministries Inc Dahlonega, GA | $18,005,770 | $6,432,475 |
Positive Growth Inc Clarkston, GA | $2,300,223 | $3,242,326 |
Robert Toombs Christian Academy Inc Lyons, GA | $1,791,394 | $2,530,750 |
Macedonian Ministry Foundation Inc Kennesaw, GA | $6,014,991 | $2,277,556 |
Barnabas Center Charlotte, NC | $1,720,995 | $1,888,254 |
Meher Spiritual Center Inc Myrtle Beach, SC | $17,150,147 | $3,142,792 |