Wellspring Foundation is located in Alburtis, PA. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring Foundation 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, Wellspring Foundation generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $213.7k during the year ending 12/2023. 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
DONATIONS PROVIDED TO PERSONS IN NEED TO PROVIDE ASSISTANCE WITH ACUTE LIVELIHOOD NEEDS (E.G. RENT, FOOD, UTILITIES, TRANSPORTATION IN DISREPAIR, ETC.)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nadia Afzal President | 0 | $0 | |
Sumaya Al-Hajebi Director | 0 | $0 | |
Huma Usmani Treasurer | 0 | $0 | |
Ayaz Matin Director | 0 | $0 | |
Shanza Aslam Secretary | 0 | $0 | |
Shehzad Malik Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $156,922 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $552 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $157,474 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,075 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,649 |
Total expenses | $213,659 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $53,171 |
Other assets | $0 |
Total assets | $53,171 |
Total liabilities | $0 |
Net assets or fund balances | $53,171 |