Overview
What is Wellspring?
Wellspring is a nonprofit organization situated in Detroit, Michigan, with a focus on assisting low-income and at-risk urban youth. Their mission encompasses spiritual, social, academic, and economic development for these youth. They accomplish this through a variety of activities, such as Kumon math and reading programs, college preparation, leadership development, community service, and summer employment. Additionally, they provide Christian discipleship and Bible studies for interested youth. Their significant activities include the Kumon curriculum, college preparation, field trips, outdoor recreation, and leadership development. Over a 12-month period, the average student advances by 1.8 grade levels in math or reading/language arts skills. Wellspring also offers non-Kumon development activities, including a teen leadership council, teen philanthropy, adventure-based leadership development, and college and career readiness support. The organization serves 345 youth, with 282 participating in the Kumon curriculum and 63 participating in non-Kumon activities. Wellspring employs 31 individuals.
Official website here: www.wellspringdetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Wellspring has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100% in these categories, the organization demonstrates its commitment to transparency and responsible financial management. This high rating indicates that donors can trust Wellspring to utilize their contributions effectively.
One of the key strengths of Wellspring is its governance structure, characterized by a majority of independent board members. This not only enhances the organization's integrity but also ensures that decision-making is free from conflicts of interest. Additionally, the charity has established robust policies regarding financial oversight, including an Audit and Oversight Committee, which contributes to its high scores in accountability metrics.
Despite its strengths, the rating data does not highlight any significant limitations for Wellspring, suggesting it operates efficiently and without major concerns. Overall, the charity's high program expense ratio of 94.02% indicates that most of its funding is directed towards its mission-related activities, making it a reliable choice for donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wellspring?
It's important to highlight that there are currently only two reviews available for Wellspring on Facebook, and they convey a positive sentiment. One reviewer praises the organization for having the best Kumon program in Brightmoor, appreciating the dedication and support provided by Cherie and Dan Bandrowski. Their approach is described as genuinely compassionate and reflective of strong Christian values, suggesting a deep commitment to serving their community.
The feedback emphasizes the caring nature of the staff, indicating that they not only speak about their mission but also embody it through their actions. With this level of personal investment, it seems that the organization establishes a welcoming and impactful environment for those it serves. Overall, it appears that Wellspring makes a commendable impression on individuals who engage with their programs.
This AI summary has been generated from reviews found on Facebook.
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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,586
For more financial information, click here
Official website here: www.wellspringdetroit.org
What is the mission statement of Wellspring?
Wellspring's mission is focused on aiding low-income and at-risk urban youth. It aims to facilitate their holistic development, encompassing spiritual, social, academic, and economic growth. Some of the activities they engage in include Kumon math and reading programs, college preparation, leadership development, and community service. They also provide summer employment opportunities and offer Christian discipleship and Bible studies for interested youth.
Official website here: www.wellspringdetroit.org
What is the revenue of Wellspring?
Wellspring's revenue in 2023 was $771,234.
Official website here: www.wellspringdetroit.org
Who are the executives of Wellspring and what are their salaries?
The average compensation at Wellspring during 2023 was $13,343. There are 25 employees at Wellspring.
Here are 11 key members and their salaries:
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Official website here: www.wellspringdetroit.org
Where can I find the form 990 for Wellspring?
Wellspring's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wellspringdetroit.org
Learn more at the official website: www.wellspringdetroit.org
Mission Statement of Wellspring
Wellspring, a nonprofit organization, is dedicated to aiding low-income and at-risk urban youth in their spiritual, social, academic, and economic growth. The organization offers a variety of activities designed to foster personal development. These include Kumon math and reading programs, college preparation courses, leadership development workshops, and community service opportunities. Wellspring also encourages summer employment and provides outdoor recreational activities such as camping and kayaking. Furthermore, the nonprofit offers Christian discipleship and Bible study sessions for those interested. The mission of Wellspring is to empower these youth, equipping them with the tools necessary to reach their full potential and lead fulfilling lives.
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Impact
July, 2024
Wellspring's impact is evident in the significant positive changes it brings to low-income and at-risk urban youth in Detroit, MI. Through its academic and youth development programs, Wellspring served 345 youth, with 282 participating in Kumon Math and Reading curriculum along with other activities. The program resulted in 293 Grade Level Increases (GLIs), with students advancing an average of 1.8 grade levels in math or reading/language arts skills over a 12-month period. Additionally, Wellspring offered a range of non-Kumon activities such as teen leadership council, college and career readiness support, outdoor recreation, and community service, benefiting 63 youth. The organization's emphasis on Christian disciplehip through programs like teen bible study adds another dimension to its impact. Overall, Wellspring's comprehensive approach addresses the holistic development of youth, equipping them spiritually, socially, academically, and economically.
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 2023.
- Investment Income: $11,869
- Program Service Revenue: $30,985
- Gross Receipts: $774,879
Assets and Liabilities:
- Total Assets: $1,044,409
- Total Liabilities: $25,006
- Net Assets: $1,019,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$30,985
Organization Details
Founding Year
1986
Principal Officer
Henry Wells
Website
www.wellspringdetroit.orgNTEE Category
Code: I21Z - Crime
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