Overview
What is Wellspring?
Wellspring is a nonprofit organization located at 701 E Columbia St, Springfield, Ohio 45503. With a dedicated team of 18 employees, its mission is to empower individuals and families in Clark and Champaign counties by providing exceptional counseling and community outreach services. This nonprofit aims to significantly improve the quality of life for its community members by facilitating fundamental life changes. By offering family counseling, Wellspring plays a pivotal role in fostering healthier relationships and promoting overall well-being.
Official website here: www.wellspringfield.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Wellspring has received an overall score of 81%, reflecting a strong performance in the Accountability & Finance category, which constitutes the sole basis for its rating. The organization demonstrates a commitment to financial integrity, with a program expense ratio of 86.37%, indicating that a significant portion of its resources is directed towards its programs. The board is fully independent, with all members meeting the criteria, which enhances the charity's governance and oversight.
The charity's financial practices appear solid, as evidenced by the high scores in various governance metrics. These include a comprehensive audit and oversight committee and adherence to policies such as conflict of interest, whistleblower protection, and document retention. The presence of well-maintained board meeting minutes further indicates good management and transparency.
However, while the accountability and finance score is commendable, the reliance on a single beacon score may limit a fuller evaluation of the organization's effectiveness in other aspects like program impact or community outreach. Overall, the strong governance practices and financial accountability position Wellspring favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Wellspring legitimate?
Wellspring is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring 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:
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Other Salaries and Wages: $581,262
For more financial information, click here
Official website here: www.wellspringfield.org
What is the mission statement of Wellspring?
Wellspring's mission is to empower individuals and families to bring about significant life transformations. They achieve this through exceptional counseling and community outreach, aiming to enhance the quality of life for those they serve. Their activities primarily focus on providing family counseling, specifically to residents in Clark and Champaign Counties.
Official website here: www.wellspringfield.org
Who is the CEO of Wellspring?
Richele Shepard is the Trustee of Wellspring.
Official website here: www.wellspringfield.org
What is the revenue of Wellspring?
Wellspring's revenue in 2022 was $880,112.
Official website here: www.wellspringfield.org
Who are the executives of Wellspring and what are their salaries?
The average compensation at Wellspring during 2022 was $32,292. There are 18 employees at Wellspring.
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Official website here: www.wellspringfield.org
Where can I find the form 990 for Wellspring?
Wellspring's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellspringfield.org
Learn more at the official website: www.wellspringfield.org
Mission Statement of Wellspring
Wellspring, as an organization, empowers individuals and families to make significant life changes. They achieve this goal through exceptional counseling and community outreach services that aim to enhance the quality of life for those they serve. Wellspring's mission is centered around providing a supportive environment where individuals and families can undergo fundamental transformations, ultimately improving their overall well-being. By offering exceptional counseling and engaging in community outreach activities, Wellspring strives to empower its clients to overcome challenges and embrace a better future.
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Impact
October, 2024
Wellspring significantly improves the quality of life for individuals and families in Clark and Champaign Counties through exceptional counseling and community outreach. By providing tailored family counseling, Wellspring empowers clients to make fundamental life changes that enhance their well-being. This support fosters stronger family dynamics, builds resilience, and creates a healthier community overall, demonstrating a profound impact on the lives of those they serve.
This information is meant to be a general summary of Wellspring. 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: $267
- Program Service Revenue: $348,363
- Gross Receipts: $880,112
Assets and Liabilities:
- Total Assets: $246,249
- Total Liabilities: $73,931
- Net Assets: $172,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE/MEDICAID
Revenue
$275,004
PROGRAM FEES
Revenue
$72,242
INSURANCE/SELF PAY
Revenue
$1,117
Organization Details
Founding Year
1955
Phone
(937) 325-5564Principal Officer
Richele Shepard
Main Address
701 E COLUMBIA ST, SPRINGFIELD, OH, 45503
Website
www.wellspringfield.orgNTEE Category
Code: P40 - Human services
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