Wellspring
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Menlo Park, CA
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 94-3210971
Organization Overview
Wellspring is located in Menlo Park, CA. The organization was established in 1994. 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 12/2023, Wellspring employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellspring 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 generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 15.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH CHRISTIAN SPIRITUAL FORMATION PRACTICES TO ENHANCE OUR RELATIONSHIP WITH GOD AND OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLSPRING PROVIDED RESOURCES FOR DEVELOPING PERSONAL SPIRITUALITY AND RENEWAL TO PASTORS, CHRISTIAN NON-PROFIT LEADERS AND OTHER LAY PEOPLE. HIGHLIGHTS OF 2023 INCLUDE:1. WELLSPRING'S "SOULCARE" PROGRAM FOR 36 BAY AREA AND ORANGE COUNTY PASTORS AND NON-PROFIT LEADERS MET FOR NINE MONTHS.2. WELLSPRING'S "SOULCARE NEXT" PROGRAM FOR 3 PASTORS AND NONPROFIT LEADERS IN THE BAY AREA. MONTHLY SMALL GROUP RETREATS MEETING SEPTEMBER - APRIL.3. WELLSPRING'S "SOULCARE COMMUNITIES" PROGRAM FOR 15 PASTORS AND NONPROFIT LEADERS IN THE BAY AREA. MONTHLY SMALL GROUP RETREATS MEETING SEPTEMBER - APRIL. 4. WELLSPRING'S "SOULCARE PODCAST" AIRING 7 EPISODES IN 2023 ON TOPICS RELATED TO CARING FOR SOULS.5. HELD RETREAT FOR 88 SOULCARE ALUMNI AND SPOUSES IN MARCH.6. TWO HALF-DAY LENTEN RETREATS ATTENDED BY A TOTAL OF 131 PARTICIPANTS.7. TWO HALF-DAY ADVENT RETREATS ATTENDED BY A TOTAL OF 153 PARTICIPANTS.8. WELLSPRING'S "SOUL LEADERSHIP" PROGRAM FOR 20 PASTORS WHICH MET MONTHLY FOR 8 MONTHS.9. INDIVIDUAL SPIRITUAL DIRECTION OFFERED BY 10 TRAINED DIRECTORS.10. CREATION OF ONLINE SPIRITUAL FORMATION RESOURCES INCLUDING DOWNLOADABLE PERSONAL RETREATS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Harnett President & Board Chairman | OfficerTrustee | 0.77 | $0 |
Patty Martin Secretary | OfficerTrustee | 0.38 | $0 |
Anthony Mejia Treas & Exec Dir To 7/2023 | OfficerTrustee | 40 | $76,084 |
Ken Perez Treasurer - From 7/2023 | OfficerTrustee | 0.38 | $0 |
Patti Pierce Founder & Board Member | Trustee | 40 | $118,376 |
Teresa O'neel Board Member | Trustee | 40 | $92,195 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,098,160 |
| Noncash contributions included in lines 1a–1f | $6,572 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,098,160 |
| Total Program Service Revenue | $19,075 |
| Investment income | $11,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $180 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,128,834 |
| 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. | $649,379 |
| Compensation of current officers, directors, key employees. | $104,347 |
| Compensation to disqualified persons | $115,245 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,697 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,910 |
| Advertising and promotion | $0 |
| Office expenses | $18,867 |
| Information technology | $5,500 |
| Royalties | $0 |
| Occupancy | $90,630 |
| Travel | $15,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,633 |
| Insurance | $11,111 |
| All other expenses | $21,170 |
| Total functional expenses | $1,192,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $472,645 |
| Savings and temporary cash investments | $836,339 |
| Pledges and grants receivable | $0 |
| 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 | $4,502 |
| Net Land, buildings, and equipment | $11,046 |
| Investments—publicly traded securities | $113,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,437,752 |
| Accounts payable and accrued expenses | $5,084 |
| 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 | $5,084 |
| Net assets without donor restrictions | $1,432,668 |
| Net assets with donor restrictions | $0 |
| 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 | $1,437,752 |