Overview
What is Wellspring Endowment?
Wellspring Endowment is a nonprofit organization primarily dedicated to serving the Muslim community in Houston. Their primary focus includes providing educational services and distributing zakat, an Islamic concept of charitable giving, to needy individuals. The organization has been active in holding educational and religious events, with one notable instance being a seminar featuring a speaker at the University of Houston. Additionally, they have organized and proctored 50 such events, attracting an average of 25 participants each. Their outreach efforts extend beyond educational events, as they also actively engage in community engagement activities.
Is Wellspring Endowment legitimate?
Wellspring Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring Endowment submitted a form 990EZ, 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.
What is the mission statement of Wellspring Endowment?
The Wellspring Endowment is committed to providing educational services for the Muslim community and distributing zakat, or charity, to needy individuals. They accomplish this through various outreach activities. Notably, they have organized educational and religious events, inviting speakers to the University of Houston. Additionally, they have proctored over fifty such events, each attracting an average of twenty-five attendees. Their efforts extend beyond these events, as they also engage in community outreach.
Who is the CEO of Wellspring Endowment?
Unavailable
What is the revenue of Wellspring Endowment?
Wellspring Endowment's revenue in 2022 was $151,032.
Who are the executives of Wellspring Endowment and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Wellspring Endowment?
Wellspring Endowment's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Wellspring Endowment
Wellspring Endowment, a nonprofit organization, is dedicated to serving the Muslim community in Houston. Its primary mission involves providing educational services and distributing zakat, or charity, to needy individuals. The organization is actively engaged in both education and outreach initiatives. In this regard, they have organized educational and religious events, inviting a speaker to the University of Houston. Furthermore, Wellspring Endowment has proctored 50 such events, attracting an average of 25 attendees per session. Beyond education, the nonprofit also focuses on community outreach, aiming to extend its reach and influence among the Muslim community in Houston.
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Impact
October, 2024
Wellspring Endowment significantly impacts the Muslim community in Houston through its commitment to education and community outreach. By providing educational services, it fosters a deeper understanding of religious and cultural values and enhances community cohesion. The organization has successfully organized educational and religious events, notably collaborating with the University of Houston, which brings expert speakers to the community.
With over 50 educational events proctored, each attracting an average of 25 attendees, Wellspring Endowment creates a vibrant space for learning and dialogue. This engagement not only enriches the participants but also strengthens their connection to their faith and community.
In addition to educational initiatives, Wellspring Endowment plays a crucial role in zakat distribution, aiding needy individuals and families. This financial assistance alleviates hardship and promotes social equity within the community.
Overall, Wellspring Endowment's multifaceted approach to education, outreach, and philanthropy empowers individuals while nurturing a strong, informed, and supportive Muslim community in Houston.
This information is meant to be a general summary of Wellspring Endowment. 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.
- Program Service Revenue: $2,400
- Gross Receipts: $151,032
Assets and Liabilities:
- Total Assets: $90,887
- Total Liabilities: $1,000
- Net Assets: $89,887
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Organization Details
Phone
(713) 655-0040Main Address
12707 ORCHARD SUMMIT DR, Sugar Land, TX, 77498
NTEE Category
Code: T31 - Philanthropy
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