Wellspring Inc is located in Louisville, KY. The organization was established in 1981. According to its NTEE Classification (F70) the organization is classified as: Mental Health Disorders, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Wellspring Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Inc 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 06/2022, Wellspring Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 7.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE RECOVERY OF PERSONS WITH MENTAL ILLNESS THROUGH LEADERSHIP IN THE DEVELOPMENT OF QUALITY HOUSING AND REHABILITATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLSPRING OPERATES TWO CARF ACCREDITED CRISIS UNITS FOR ADULTS INPSYCHIATRIC CRISIS. THE PROGRAM OFFERS A COMFORTABLE, COMMUNITY-BASED AND COST EFFECTIVE ALTERNATIVE TO INPATIENT HOSPITALIZATION FOR ADULTS WHO NEED AN INTENSIVE LEVEL OF SUPPORT BUT DO NOT REQUIRE THE LOCKED DOWN SAFETY OF AN INPATIENT HOSPITAL. THESE CRISIS STABILIAZATION UNITS(CSUS) ARE LICENSED BY THE COMMONWEALTH OF KY AND MONITORED BY THE OFFICE OF THE INSPECTOR GENERAL TO MEET QUALITY STANDARDS. THE PROGRAMS PROVIDE 24-HOUR STAFF SUPPORT WITH A MULTI-DISCIPLINARY TEAM APPROACH, INCLUDING ON SITE SERVICES FROM A PSYCHIATRIST, APRN, CLINICAL SOCIAL WORKERS, ART THERAPISTS AND PSYCH REHAB COUNSELORS. THE PROGRAMS CAN ACCOMMODATE A MAXIMUM OF 18 PEOPLE ON ANY GIVEN DAY AND SERVED 322 PEOPLE IN FISCAL YEAR 2022. THE PROGRAMS WORK CLOSELY WITH THE PSYCHIATRIC EMERGENCY ROOM, HOSPITALS, OUTPATIENT PROVIDERS, FAMILIES, AND OTHER COMMUNITY RESOURCES FOR REFERRALS, DIVERTING 90% FROM HOSPITALS. IN 2020, OUR ACCREDITION WAS EXTENDED FOR ANOTHER THREE-YEAR TERM.
WELLSPRING'S SUPPORTIVE AND AFFORDABLE HOUSING PROGRAMS SERVE ADULTSWITH SERIOUS MENTAL ILLNESS WHO ARE LIVING ON INCOMES WELL BELOW THEFPL-TYPICALLY, <50% OF AMI. IN FISCAL 2022 WE PROVIDED 100+ ADULTS WITH MENTAL ILLNESS HOUSING IN PROPERTIES OWNED BY WELLSPRING AND OVER 449 PEOPLE IN SCATTERED SITE MAINSTREAM RENTAL UNITS. SERVICES LIKE CASE MANAGEMENT, PEER SUPPORT, AND THERAPY ARE AVAILABLE TO CLIENTS IN OUR HOUSING PROGRAMS. TO QUALIFY FOR THESE PROGRAMS A CLIENT MUST HAVE A DOCUMENTED MENTAL HEALTH DISABILITY/ILLNESS, MANY HAVE A SUBSTANCE ABUSE D/O, A PHYSICAL HEALTH CONDITION, AND /OR ARE HOMELESS. MORE THAN 556 PEOPLE PARTICIPATED IN WELLSPRING HOUSING PROGRAMS IN FISCAL YEAR 2022. IN 2020, WE EXTENDED OUR ACCREDITATION IN COMMUNITY HOUSING FOR ANOTHER 3 YEARS.
WELLSPRING, THROUGH OUR BHSO (BEHAVIORAL HEALTH ORGANIZATION), PROVIDES OUTPATIENT GROUP TX, INDIVIDUAL THERAPY, CASE MANAGEMENT AND PEER SUPPORT AS WELL AS INTENSIVELY SUPPORTED SPECIALTY PROGRAMS LIKE ASSERTIVE COMMUNITY TREATMENT (ACT) TEAM, WISH WHICH PROVIDES SEVEN DAY A WEEK SUPPORT SERVICES TO HIGHLY VULNERABLE CLIENTS, AND PIC (PROGRAM FOR INTEGRATED CARE) WHICH IS A SAMHSA SUPPORTED PROGRAM FOR ADULTS WITH CO-OCCURRING MENTAL ILLNESS AND SUBSTANCE USE DISORDERS. IN 2020, WE EXTENDED OUR ACCREDITATION IN OUTPATIENT SERVICE AND CASE MANAGEMENT FOR ANOTHER 3 YEARS (THE MAXIMUM ACHIEVABLE OUTCOME).
WELLSPRING'S SUPPORTED EMPLOYMENT PROGRAM IS BASED ON AN EVIDENCED BASED MODEL CALLED IPS OR INDIVIDUAL PLACEMENT & SUPPORT THAT WAS DEVELOPED AT DARTMOUTH COLLEGE. THIS APPROACH FOCUSES ON HELPING CLIENTS TO DEVELOP EMPLOYMENT GOALS THAT TRULY REFLECT THEIR INTERESTS, VALUES,SKILLS, AND EXPERIENCES AND SEEKS TO HELP THESE CLIENTS FIND COMPETITIVE EMPLOYMENT THAT ALIGNS WITH THEIR GOALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katharine R Dobbins CEO | Officer | 40 | $127,052 |
John Alexander CFO | Officer | 40 | $104,121 |
Steve Kerrick Chair | OfficerTrustee | 1 | $0 |
William Friel Vice Chair | OfficerTrustee | 1 | $0 |
Rosmond Jones Dolen Secretary | OfficerTrustee | 1 | $0 |
Curtiss Scott Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $30,000 |
Related organizations | $0 |
Government grants | $3,002,174 |
All other contributions, gifts, grants, and similar amounts not included above | $482,272 |
Noncash contributions included in lines 1a–1f | $30,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,514,446 |
Total Program Service Revenue | $2,752,665 |
Investment income | $71 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $65,203 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,332,385 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $231,173 |
Compensation of current officers, directors, key employees. | $231,173 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,070,041 |
Pension plan accruals and contributions | $56,746 |
Other employee benefits | $367,185 |
Payroll taxes | $237,954 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $30,630 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $363,013 |
Advertising and promotion | $0 |
Office expenses | $19,357 |
Information technology | $87,371 |
Royalties | $0 |
Occupancy | $0 |
Travel | $47,515 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,340 |
Interest | $16,696 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $159,414 |
Insurance | $139,153 |
All other expenses | $236,833 |
Total functional expenses | $6,366,638 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $940,517 |
Savings and temporary cash investments | $257,061 |
Pledges and grants receivable | $277,290 |
Accounts receivable, net | $96,959 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $289,519 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,923 |
Net Land, buildings, and equipment | $1,733,297 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $400,744 |
Total assets | $4,000,310 |
Accounts payable and accrued expenses | $334,041 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $371,723 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $44,819 |
Total liabilities | $750,583 |
Net assets without donor restrictions | $2,525,327 |
Net assets with donor restrictions | $724,400 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,000,310 |
Over the last fiscal year, we have identified 1 grants that Wellspring Inc has recieved totaling $3,500.
Awarding Organization | Amount |
---|---|
Charles H Dishman Iii Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,500 |
Beg. Balance | $502,752 |
Earnings | -$78,356 |
Admin Expense | $3,501 |
Other Expense | $20,151 |
Ending Balance | $400,744 |
Organization Name | Assets | Revenue |
---|---|---|
Wellspring Inc Louisville, KY | $4,000,310 | $6,332,385 |
Dauten Family Foundation Chicago, IL | $28,665,901 | $26,435,125 |
Depression And Bipolar Support Alliance Chicago, IL | $4,202,642 | $3,330,138 |
New Creation Counseling Center Inc Tipp City, OH | $663,548 | $2,770,370 |
Schizophrenia And Related Disorders Alliance Of America Alexandria, VA | $1,091,880 | $1,411,077 |
Our Minds Matter Vienna, VA | $1,030,207 | $711,752 |
Anthropaideia Inc Saint Louis, MO | $226,917 | $282,961 |
Ohio Elks Association Marysville, OH | $2,348,308 | $706,237 |
Nami Of Missouri Jefferson City, MO | $340,356 | $513,126 |
Tennessee Memory Disorders Foundation Knoxville, TN | $73,042 | $357,788 |
Augusta Resources For Resilience Opportunity&wellness-Arrow Project Staunton, VA | $59,085 | $275,801 |
Nami Stark County Inc Canton, OH | $133,764 | $226,961 |