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Wellspring Inc

Wellfully

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460414463 ✦ Rapid city, SD ✦ Designated as a 501(c)(3)

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Overview

What is Wellspring Inc?

Wellspring Inc, operating under the name Wellfully, is a nonprofit organization based in Rapid City, South Dakota. With a dedicated workforce of 107 employees, their mission is to offer health, recovery, and development services to adolescent youth. They focus on serving individuals aged between 10 and 18 who struggle with significant mental health, substance abuse, and behavioral challenges. Wellspring's residential and afterschool programs are designed to help these youth develop effective coping skills, make better life choices, and receive ongoing support for a successful future. In the fiscal year ending June 30, 2022, they offered counseling services to 59 youth in group care, 97 in in-patient chemical dependency, among other programs.


Official website here: www.wellfully.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Wellspring Inc has received a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization has a perfect score in several categories, including the independence of its board members and the absence of any material diversion of assets, which reflects responsible governance practices.

The charity's high program expense ratio of 89.66% indicates that the majority of its funds are directed toward its mission-related activities, further underscoring its commitment to effective service delivery. Additionally, the presence of an audit and oversight committee contributes to financial transparency and confidence among stakeholders.

However, it is worth noting that the organization lacks a whistleblower policy, which is considered a limitation in governance. Despite this, the overall financial health and accountability of Wellspring Inc position it as a trustworthy and well-managed nonprofit.


This AI summary has been generated from information found on Charity Navigator.

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: $260,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,398,829

For more financial information, click here


Official website here: www.wellfully.org

What is the mission statement of Wellspring Inc?

Wellspring Inc, operating under the name Wellfully, is committed to providing health, recovery, and development services to adolescent youth. Their mission is to be the leading provider of care in their region for this age group, who face significant mental health, substance abuse, and behavioral challenges. These youth require support to function safely in their homes, schools, and community. Through the organization's high-quality residential and afterschool programs, they help these young individuals develop effective coping skills, make better life choices, and receive ongoing support for a successful future.


Official website here: www.wellfully.org

Who is the CEO of Wellspring Inc?

William Eilers is the Executive Di of Wellspring Inc.


Official website here: www.wellfully.org

What is the revenue of Wellspring Inc?

Wellspring Inc's revenue in 2022 was $3,681,953.


Official website here: www.wellfully.org

Who are the executives of Wellspring Inc and what are their salaries?

The average compensation at Wellspring Inc during 2022 was $24,852. There are 107 employees and 45 volunteers at Wellspring Inc.


Here are 13 key members and their salaries:


William Eilers (Executive Di)
  • Compensation: $102,073
  • Related: $0
  • Other: $3,058
Richard Cartney (Dir. Of Oper)
  • Compensation: $64,526
  • Related: $0
  • Other: $8,743
Amanda Johnson (Cfo)
  • Compensation: $73,353
  • Related: $0
  • Other: $9,451
Dr Dewey Ertz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Maguire (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rogers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shankar Kurra Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Moyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pasqualucci (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Petrotto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Veneklasen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wellfully.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.wellfully.org

Learn more at the official website: www.wellfully.org

Mission Statement of Wellspring Inc

Wellspring Inc, operating under the name Wellfully, is committed to providing health, recovery, and development services for adolescent youth. With a vision to become the leading adolescent care provider in the region, Wellspring serves youth between the ages of 10 and 18 who are grappling with substantial mental health, substance abuse, and behavioral challenges. These youth require support to safely navigate their homes, schools, and communities. Through Wellfully's high-quality residential and afterschool programs, these young individuals develop effective coping skills, make better life choices, and receive ongoing support for a successful future. Wellspring's mission is to offer these essential services, ensuring the well-being and development of the region's adolescent population.

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Impact




July, 2024

Wellspring Inc, operating as Wellfully, has a significant impact on adolescents in need of health, recovery, and development services. Their focus on providing high-quality residential and afterschool programs has enabled youth between the ages of 10 and 18 with mental health, substance abuse, and behavioral challenges to develop effective coping skills, make better life choices, and receive ongoing support for a successful future.

In their efforts, Wellspring Inc has served a total of 59 youth in group care, 97 youth in in-patient chemical dependency, 22 individuals in the psychiatric residential treatment facility program, 18 in the LAB program, 197 in the ACCC program, and 87 in assessments including youth in out-patient chemical dependency. By offering counseling for families and adolescents facing emotional, behavioral, and chemical dependency problems, Wellspring Inc plays a crucial role in supporting these vulnerable members of the community.

Located in Rapid City, South Dakota, Wellspring Inc's mission to be the premier adolescent care provider in the region underscores their commitment to ensuring that young individuals have the necessary resources and services to function safely in their homes, schools, and the community. Through their programs and services, Wellspring Inc positively impacts the lives of adolescents in need, empowering them to overcome challenges and build a better future for themselves.




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.

Revenue
$3,681,953 (2022)
Expenses
$3,812,066 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,575
  • Program Service Revenue: $2,657,075
  • Gross Receipts: $3,684,467

Assets and Liabilities:

  • Total Assets: $6,665,351
  • Total Liabilities: $2,655,255
  • Net Assets: $4,010,096

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE OF SOUTH DAKOTA

Revenue

$2,530,826

CLIENT FEES

Revenue

$64,937

RAPID CITY AREA SCHOOLS

Revenue

$61,312

Organization Details

Founding Year

1990

Principal Officer

William Eilers

Main Address

PO BOX 1087, RAPID CITY, SD, 577091087

NTEE Category

Code: P460 - Human services

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