Overview
What is Wellspring Inc?
Wellspring Inc, operating under the name Wellspring Multi-Service Centers, is a dedicated nonprofit organization located in Hull, Massachusetts. They offer a wide range of direct social services, including education, community outreach, case management, counseling, transportation, crisis intervention, food programs, and thrift shops. Their mission extends to providing essential resources such as counseling for domestic violence intervention and addressing other crisis issues. Furthermore, they offer a food pantry, holiday meals and gifts, and community outreach services, all provided at no cost. The organization's goal is to support individuals and families in need, striving to make a positive impact in their community.
Official website here: www.wellspringmultiservice.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Wellspring Inc has achieved an impressive 97% rating from Charity Navigator, indicating a high level of accountability and financial health. The organization has earned a Four-Star rating, which reflects its strong commitment to transparency and good governance. The overall score is based entirely on accountability and finance metrics, showcasing the nonprofit's fiscal responsibility.
One of the key strengths of Wellspring Inc is its governance structure, featuring a fully independent board with 15 members. This independence is complemented by strong policies including conflict of interest and whistleblower protections. The organization has also successfully maintained excellent financial performance metrics, with 85.97% of its expenses going directly to programs and a minimal fundraising efficiency cost of $0.10 per dollar raised.
Wellspring Inc demonstrates robust financial stability, with a liabilities-to-assets ratio of just 2.50% and a healthy working capital ratio of 2.43 years. These figures indicate the organization is well-positioned to meet its financial obligations while effectively delivering on its mission. Overall, Wellspring Inc stands out as a responsible and effective nonprofit, though no specific limitations were noted in the available data.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wellspring Inc?
90% of 17 reviewers on Facebook recommend Wellspring Inc. Here is a summary of their reviews:
Many users have highlighted the exceptional support provided by Wellspring Inc, emphasizing the positive impact the organization has on people's lives daily. The services offered appear to resonate well with those served, suggesting that the nonprofit is effective in its mission.
Overall, the sentiment reflects a strong appreciation for the dedicated efforts of Wellspring Inc, marking it as a reliable nonprofit that genuinely makes a difference in the community.
This AI summary has been generated from reviews found on Facebook.
Is Wellspring Inc legitimate?
Wellspring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $141,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $821,162
For more financial information, click here
Official website here: www.wellspringmultiservice.org
What is the mission statement of Wellspring Inc?
Wellspring Inc is a multi-service agency dedicated to providing various direct social services. Their mission encompasses education, community outreach, case management, counseling, crisis intervention, transportation, food programs, and thrift shops, among other services. The organization offers client services and case management, providing counseling for issues such as domestic violence, and operates a food pantry and provides holiday meals and gifts. They also engage in community outreach and referral for social services, all provided at no cost.
Official website here: www.wellspringmultiservice.org
Who is the CEO of Wellspring Inc?
Kris Broe is the Secretary/Clerk of Wellspring Inc. The CEO's salary of Wellspring Inc is $141,483 and their total compensation is $141,483.
Official website here: www.wellspringmultiservice.org
What is the revenue of Wellspring Inc?
Wellspring Inc's revenue in 2022 was $2,143,691.
Official website here: www.wellspringmultiservice.org
Who are the executives of Wellspring Inc and what are their salaries?
The average compensation at Wellspring Inc during 2022 was $28,313. There are 34 employees and 140 volunteers at Wellspring Inc.
Here are 15 key members and their salaries (Wellspring Inc's CEO's salary is $141,483 and their total compensation is $141,483):
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Official website here: www.wellspringmultiservice.org
Where can I find the form 990 for Wellspring Inc?
Wellspring Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellspringmultiservice.org
Learn more at the official website: www.wellspringmultiservice.org
Mission Statement of Wellspring Inc
Wellspring Inc, a multi-service agency, is dedicated to providing a wide array of direct social services. Its mission encompasses education, community outreach, case management, counseling, crisis intervention, transportation, food programs, and thrift shops among other services. The organization offers its services with the aim of addressing various societal needs and challenges.
Wellspring Inc operates as a beacon of support for its clients, offering counseling services that include domestic violence intervention and assistance with other crisis issues. The agency recognizes the importance of emotional well-being and provides a space for individuals to process and overcome their challenges. In addition to counseling, Wellspring Inc also operates a food pantry, providing essential nutritional support to those in need. The organization understands that food insecurity can have far-reaching impacts on individuals and families, and seeks to alleviate this burden through its food pantry services.
Furthermore, Wellspring Inc is committed to community outreach and social service referrals. The agency recognizes that there are many individuals and families who require assistance beyond what it can provide directly. By offering referral services, Wellspring Inc bridges the gap between its own capabilities and the broader needs of the community. The organization also provides transportation services, ensuring that no one is left stranded due to lack of access to reliable transportation.
In summary, Wellspring Inc is a multi-service agency that provides a comprehensive range of direct social services. Its mission is to support individuals and families in need, offering counseling, food assistance, community outreach, and transportation services at no charge. The organization's services are tailored to address a variety of societal challenges, demonstrating its commitment to community development and support.
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Impact
July, 2024
Wellspring Inc's impact is profound and wide-ranging, providing essential social services to individuals and families in need. Through a range of programs such as education, counseling, crisis intervention, and food assistance, Wellspring Inc addresses pressing community needs with compassion and efficiency. Their client services and case management support vulnerable populations, while initiatives like domestic violence intervention and food pantry help in times of crisis. By offering these services at no charge, Wellspring Inc is a lifeline for many in the Hull, MA area, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Wellspring Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $683
- Program Service Revenue: $318,507
- Gross Receipts: $2,275,987
Assets and Liabilities:
- Total Assets: $3,076,333
- Total Liabilities: $83,533
- Net Assets: $2,992,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT SHOPS
Revenue
$317,432
PROGRAM FEES
Revenue
$1,075
Organization Details
Founding Year
1987
Phone
(781) 925-3211Principal Officer
Kris Broe
Main Address
814 NANTASKET AVENUE, HULL, MA, 02045
NTEE Category
Code: P29Z - Human services
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