Wellspring Ministries Of Utah
- Assets
- $73.7k
- Revenue
- $311.9k
- Investments
- $0.0
- Employees
- 17
- Location
- Fairview, UT
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 82-2461282
Organization Overview
Wellspring Ministries Of Utah, operating under the name The Coffee Depot, is located in Fairview, UT. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Coffee Depot employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coffee Depot 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, Coffee Depot generated $311.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $296.9k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 4 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
FOSTER PEOPLE'S ENCOUNTER WITH JESUS CHRIST, GROWTH AS HIS DISCIPLES AND PARTICIPATION IN BRINGING HIS KINGDOM INTO OUR COMMUNITY IN COLLABORATION WITH SCHOOLS, CHURCHES, BUSINESSES AND MUNICIPAL GOVERNMENTS TO MEET THE NEEDS OF THE POOR, STRENGTHEN FAMILIES, AND MINISTER TO CHILDREN AND YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A COMMUNITY GATHERING LOCATION (COFFEE DEPOT), ESTABLISH AND BUILD TRUST RELATIONSHIPS LEADING TO SPIRITUAL CONVERSATIONS, WEEKLY BIBLE STUDY, PERIODIC WORSHIP AND MONTHLY PRAYER BREAKFAST. APPROXIMATELY 2,500 PEOPLE ENJOY HEALTHY FOOD, RESPECTFUL SERVICE, AND PEACEFUL RESPITE FROM LIFE'S TRIALS. MANY OF THESE RECEIVED PERSONAL PRAYER FOR SUCH NEEDS AS HEALTH AND HEALING, RESOLUTION OF PERSONAL OR FAMILY CONFLICTS, EMPLOYMENT, AND SPIRITUAL DIALOG AND ENCOURAGEMENT.
DEPRECIATION EXPENSE OF FIXED ASSETS USED IN COFFEE DEPOT MINISTRY
SPECIFIC INDIVIDUALS RECEIVED MONETARY ASSISTANCE FOR PERSONAL FINANCIAL NEEDS, DONATIONS TO MARSHALL (COLORADO) FIRE RELIEF AND LOCAL YOUTH GROUPS, FINANCIAL SUPPORT TO RADIO PROGRAM MINISTRY FOCUSING ON BIBLICAL WORDS AND WORLDS, AND DEVOTIONAL MATERIALS OFFERED FREE OF CHARGE TO VISITORS AND CUSTOMERS.
PARTICIPATED IN COMMUNITY EVENTS SUCH AS THE ANNUAL CHRISTMAS LIGHTING ON MAIN STREET THAT ATTRACTED SEVERAL HUNDRED ADULTS AND CHILDREN. CONDUCTED SPECIAL HOLIDAY RELIGIOUS-THEMED EVENTS SUCH AS CHRISTMAS EVE OUTDOOR SERVICE AND GOOD FRIDAY/SEDER DINNER, AND HOSTING A CELEBRATION OF LIFE FOR DECEASED COMMUNITY MEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucinda Shogren President, Operations Manager | OfficerTrustee | 1 | $3,945 |
Tobin Dixon Director | Trustee | 1 | $0 |
Penelope Dixon Director | Trustee | 1 | $0 |
Jeremy Tanner Director | Trustee | 1 | $0 |
Steven Shogren Finance Director, Treasurer | OfficerTrustee | 2 | $0 |
Lori Kogianes Director, Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $32,754 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,754 |
| Total Program Service Revenue | $278,878 |
| Investment income | $0 |
| 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 | $311,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| Grants and other assistance to domestic individuals. | $790 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,349 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,015 |
| Payroll taxes | $9,512 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,041 |
| Office expenses | $1,446 |
| Information technology | $1,369 |
| Royalties | $0 |
| Occupancy | $22,928 |
| Travel | $345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,743 |
| Insurance | $2,188 |
| All other expenses | $0 |
| Total functional expenses | $296,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100 |
| 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 | $4,928 |
| Net Land, buildings, and equipment | $18,587 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,958 |
| Total assets | $73,711 |
| Accounts payable and accrued expenses | $13,472 |
| 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 | $13,472 |
| Net assets without donor restrictions | $59,014 |
| Net assets with donor restrictions | $1,225 |
| 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 | $73,711 |