Wellspoken Ministries
- Assets
- $249.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Greer, SC
- Founding
- 02/2006
- Data as of
- 12/2023
- 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 12/2023, Wellspoken Ministries generated $137.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $139.0k during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 8 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
2023
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 | $60,000 | |
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 | |
Mike Blackwood Director | 0.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,119 |
| Total Program Service Revenue | $24,705 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $6,533 |
| Net Income from Gaming & Fundraising | $34,401 |
| Other Revenue | $0 |
| Total Revenue | $137,765 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,329 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,652 |
| Total expenses | $138,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $205,529 |
| Other assets | $0 |
| Total assets | $249,279 |
| Total liabilities | $28,763 |
| Net assets or fund balances | $220,516 |