Overview
What is The Wellspring Alliance For Families Inc?
The Wellspring Alliance For Families Inc, located in Monroe, Louisiana, is a nonprofit organization committed to supporting individuals and families in need. Their primary mission involves offering counseling, mentoring, safe shelter, housing, and comprehensive services to survivors of domestic violence, sexual assault, child abuse, veterans, and the homeless. The organization extends its reach through donated services and the use of facilities, amounting to $28,490. With a workforce of 113 dedicated individuals, The Wellspring Alliance For Families Inc strives to provide a nurturing environment and resources to help those in crisis rebuild their lives.
Official website here: www.wellspringalliance.org
What are the reviews and ratings of this charity?
The Wellspring Alliance For Families Inc has received a Four-Star out of Four Star rating from Charity Navigator, with an impressive overall score of 96%. This high score primarily reflects the organization’s strong performance in Accountability & Finance, highlighting its commitment to transparency and effective financial management. Key aspects contributing to this rating include a fully independent board, robust audit and oversight practices, and a strong program expense ratio of nearly 88%, indicating that a significant portion of its resources directly supports its mission.
Strengths identified in the evaluation include an independent board size and composition, values surrounding conflict of interest policies, and proper documentation of board meeting minutes. However, the organization does have some areas needing improvement, particularly the absence of its tax form on its website, which detracts slightly from its overall transparency standing.
Unfortunately, user reviews from GreatNonprofits are not available at this time, limiting insights into public sentiment regarding Wellspring Alliance For Families Inc. Overall, the organization demonstrates strong financial health and accountability, engaging effectively in its mission despite some minor transparency gaps.
This AI summary has been generated from information found on Charity Navigator.
Is The Wellspring Alliance For Families Inc legitimate?
The Wellspring Alliance For Families Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wellspring Alliance For Families 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: $105,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,401,435
For more financial information, click here
Official website here: www.wellspringalliance.org
What is the mission statement of The Wellspring Alliance For Families Inc?
The Wellspring Alliance for Families Inc has a mission to strengthen individuals and families by providing various services. These services include counseling, mentoring, safe shelter, housing, and comprehensive support for survivors of domestic violence, sexual assault, child abuse, veterans, and the homeless. The organization's primary purpose is to empower these individuals and families, aiming to help them rebuild their lives and overcome the challenges they face. The Wellspring Alliance for Families Inc provides a safe and supportive environment, offering mental and physical resources to aid in their recovery and restoration.
Official website here: www.wellspringalliance.org
Who is the CEO of The Wellspring Alliance For Families Inc?
Cindy Gordon is the Treasurer of The Wellspring Alliance For Families Inc. The CEO's salary of The Wellspring Alliance For Families Inc is $105,527 and their total compensation is $105,527.
Official website here: www.wellspringalliance.org
What is the revenue of The Wellspring Alliance For Families Inc?
The Wellspring Alliance For Families Inc's revenue in 2022 was $7,629,370.
Official website here: www.wellspringalliance.org
Who are the executives of The Wellspring Alliance For Families Inc and what are their salaries?
The average compensation at The Wellspring Alliance For Families Inc during 2022 was $31,035. There are 113 employees and 40 volunteers at The Wellspring Alliance For Families Inc.
Here are 21 key members and their salaries (The Wellspring Alliance For Families Inc's CEO's salary is $105,527 and their total compensation is $105,527):
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Official website here: www.wellspringalliance.org
Where can I find the form 990 for The Wellspring Alliance For Families Inc?
The Wellspring Alliance For Families Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellspringalliance.org
Learn more at the official website: www.wellspringalliance.org
Mission Statement of The Wellspring Alliance For Families Inc
The Wellspring Alliance for Families, Inc. is an organization dedicated to strengthening individuals and families. It accomplishes this mission by providing various services, including counseling, mentoring, safe shelter, housing, and comprehensive support for survivors of domestic violence, sexual assault, child abuse, veterans, and the homeless. The nonprofit's primary goal is to empower these individuals and families, helping them overcome the challenges they face and rebuild their lives. The Wellspring Alliance for Families, Inc. offers donated services and utilizes facilities, contributing a total of $28,490 towards its noble cause.
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Impact
July, 2024
The Wellspring Alliance For Families Inc strengthens individuals and families through services such as counseling, mentoring, safe shelter, housing, and comprehensive services for survivors of domestic violence, sexual assault, child abuse, veterans, and the homeless. Their impact is seen in the positive changes they bring to the lives of those in need, providing essential support and resources to help individuals and families overcome challenges and build a better future. Their focus on human services contributes to creating a more resilient and empowered community.
This information is meant to be a general summary of The Wellspring Alliance For Families 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: $10,661
- Program Service Revenue: $192,048
- Gross Receipts: $7,639,350
Assets and Liabilities:
- Total Assets: $7,791,713
- Total Liabilities: $922,153
- Net Assets: $6,869,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING FEES
Revenue
$192,048
Organization Details
Founding Year
1931
Phone
(318) 651-9314Principal Officer
Cindy Gordon
Main Address
1515 JACKSON STREET, MONROE, LA, 71202
Website
www.wellspringalliance.orgNTEE Category
Code: P27Z - Human services
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