Wellspring Foundation For Renewal Inc
- Assets
- $80.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waymart, PA
- Founding
- Data as of
- 12/2023
- EIN
- 85-1169433
Organization Overview
Wellspring Foundation For Renewal Inc is located in Waymart, PA. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, 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. Wellspring Foundation For Renewal 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 12/2023, Wellspring Foundation For Renewal Inc generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $25.0k 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
DOZENS OF EVENTS FOR PRAYER. THE FOUNDATION PROVIDED MUSIC AND LEADERSHIP THROUGH MICHAEL CORSINI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed None | 0 | $0 | |
Michael Corsini Director | 10 | $0 | |
Andrew Pocta Treasure | 1 | $0 | |
Jeff Mazzone Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $25,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,159 |
| Other assets | $0 |
| Total assets | $80,159 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,159 |