Wellspring Interfaith Social Services Inc
- Assets
- $805.0k
- Revenue
- $628.6k
- Investments
- $0.0
- Employees
- 60
- Location
- Fort Wayne, IN
- Founding
- 12/1989
- Data as of
- 12/2022
- EIN
- 51-0151621
Organization Overview
Wellspring Interfaith Social Services Inc is located in Fort Wayne, IN. The organization was established in 1989. 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. As of 12/2022, Wellspring Interfaith Social Services Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Interfaith Social Services 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 12/2022, Wellspring Interfaith Social Services Inc generated $628.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
PEOPLE OF FAITH SERVING THE SOCIAL, PHYSICAL AND EDUCATIONAL NEEDS OF FORT WAYNE'S CENTRAL CITY AND BEYOND. THE AGENCY OPERATES A FOOD AND CLOTHING BANK, AND PROGRAMS FOR OLDER ADULTS AND YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMS RESEARCH SHOWS THAT HIGH-QUALITY AFTER-SCHOOL PROGRAMS IMPROVE STUDENTS' EDUCATIONAL OUTCOMES, SCHOOL ATTENDANCE, AND SOCIAL AND EMOTIONAL LEARNING. CONSISTENT PARTICIPATION IN AFTER-SCHOOL PROGRAMS RESULTS IN LOWER DROPOUT RATES AND HELPS TO CLOSE ACHIEVEMENT GAPS FOR LOW-INCOME STUDENTS. AFTER THE SCHOOL DAY ENDS, 1 IN 5 KIDS ACROSS AMERICA ARE ALONE AND UNSUPERVISED. THESE HOURS-FROM 2 TO 6 P.M. ARE THE PEAK TIME FOR JUVENILE CRIME. AFTER- SCHOOL PROGRAMS TURN THAT TIME OF RISK INTO OPPORTUNITY, KEEPING KIDS SAFE AND HELPING THEM REALIZE THEIR FULL POTENTIAL. IN OUR COMMUNITY, WELLSPRING'S AFTER-SCHOOL PROGRAM AND SUMMER DAY CAMP ARE INSPIRING LEARNING, PROVIDING SAFETY, PROMOTING SMART CHOICES, AND SUPPORTING WORKING PARENTS. COST AND ACCESS CONTINUE TO BE BARRIERS TO PARTICIPATION IN AFTER-SCHOOL PROGRAMS, WITH ABOUT 3 IN 5 PARENTS MENTIONING THIS AS THE REASON THEY DID NOT ENROLL THEIR CHILD IN SUCH A PROGRAM. WITH YOUR CONTINUED SUPPORT, WELLSPRING WILL CONTINUE TO PROVIDE AFTER-SCHOOL AND SUMMER DAY CAMP PROGRAMS TO OUR COMMUNITY FREE OF CHARGE. IN 2022, 244 STUDENTS PARTICIPATED IN OUR PROGRAMS.
CLOTHING SHOPPE: THROUGH OUR BOUTIQUE-STYLE CLOTHING BANK, WE PROVIDE QUALITY CLOTHING FREE-OF-CHARGE TO RESIDENTS IN NEED. IN 2022, OUR CLOTHING SHOPPE SERVED 2,205 INDIVIDUALS AND GAVE OUT 25,966 PIECES OF CLOTHING. ALL ITEMS IN THE SHOPPE ARE DONATIONS FROM INDIVIDUALS, AND PARTNERING STORES THAT PROVIDE US THEIR EXTRA INVENTORY. CLOTHING ON OUR RACKS IS IN THE BEST CONDITION AND QUALITY, ONLY WITHOUT A PRICE TAG. CASE MANAGEMENT: THIS WAS A NEW PROGRAM IN 2022. OUR CASE MANAGER HAS HELPED MANY WELLSPRING CLIENTS FIND RESOURCES IN THE COMMUNITY THAT WE COULDN'T OFFER. FAMILIES WERE CONNECTED WITH NONPROFITS WHO WERE ABLE TO HELP THEM FIND HOUSING, TRANSPORTATION, FURNITURE, AND HEALTHCARE. IN 2022, WE HAVE SERVED 98 FAMILIES IN THIS PROGRAM.
OLDER ADULT PROGRAM: WE HELP SENIOR CITIZENS AND ADULTS WITH DISABILITIES STAY CONNECTED TO THE COMMUNITY AND ACHIEVE HOLISTIC WELLNESS THROUGH OUR DAILY PROGRAMMING. IN 2022, 134 INDIVIDUALS PARTICIPATED IN THIS PROGRAM. PARTICIPANTS BENEFITED FROM GREATER SOCIALIZATION AND INTERACTION WITH OTHERS, IMPROVED PHYSICAL AND MENTAL HEALTH, AND INCREASED ABILITY TO MAINTAIN INDEPENDENCE. "AFTER I LOST MY WIFE, I HAD NO DESIRE TO LIVE. MY DOCTOR RECOMMENDED THAT I FIND A SOCIAL PROGRAM IN THE AREA. AFTER THE FIRST VISIT TO WELLSPRING, I FELT RELIEF AND HOPE. I ENJOY THE PROGRAM VERY MUCH."
FOOD BANK: FOOD INSECURE INDIVIDUALS ACROSS ALLEN COUNTY DEPEND ON OUR HELP IN THE DAILY FOOD BANK. IN 2022, WE SERVED 6,203 INDIVIDUALS PROVIDING THEM WITH 132,000 POUNDS OF FOOD AT 20,603 VISITS. MOST FOOD BANKS IN ALLEN COUNTY PREPACKAGE FOOD OFFERINGS. WELLSPRING OFFERS FAMILIES THE OPTION TO CHOOSE THE FOOD THEY WILL ACTUALLY USE IN THEIR HOUSEHOLD. WE CONTINUE TO SEE A CONSISTENT AND STAGGERING INCREASE IN THE NUMBER OF NEW FAMILIES SEEKING FOOD ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ermina Mustedanagic Chief Exec. | Officer | 40 | $20,308 |
Melissa Rinehart Prior Exec. | Officer | 40 | $51,907 |
Rachel Tobin-Smith President | OfficerTrustee | 0.5 | $0 |
Terri Lindvall Vice Preside | OfficerTrustee | 0.5 | $0 |
Ethan Brown Treasurer | OfficerTrustee | 0.5 | $0 |
Ashley Hand Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $40,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,043 |
| All other contributions, gifts, grants, and similar amounts not included above | $469,075 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $566,118 |
| Total Program Service Revenue | $62,300 |
| Investment income | $188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $628,606 |
| 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. | $76,923 |
| Compensation of current officers, directors, key employees. | $48,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $496,969 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,254 |
| Payroll taxes | $41,696 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,453 |
| Advertising and promotion | $2,993 |
| Office expenses | $30,382 |
| Information technology | $16,866 |
| Royalties | $0 |
| Occupancy | $41,432 |
| Travel | $16,812 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,634 |
| Insurance | $18,518 |
| All other expenses | $1,401 |
| Total functional expenses | $1,057,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,257 |
| Savings and temporary cash investments | $72,025 |
| Pledges and grants receivable | $220,658 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,989 |
| Net Land, buildings, and equipment | $435,087 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $805,016 |
| Accounts payable and accrued expenses | $57,121 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $57,121 |
| Net assets without donor restrictions | $523,895 |
| Net assets with donor restrictions | $224,000 |
| 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 | $805,016 |