Overview
What is Family Farm Wellspring Inc?
Family Farm Wellspring Inc, located in Malvern, Arkansas (ZIP 72104), is a nonprofit organization that primarily focuses on offering ministry-related activities. They provide a summer Christian day camp for children aged six to twelve, hosting retreats for individuals of all ages throughout the year, and offer their facilities for school field trips during the spring and fall seasons. Additionally, the organization operates a pumpkin patch during the fall months, providing a fun and engaging experience for both children and adults. With a workforce of 44 dedicated individuals, Family Farm Wellspring Inc strives to enrich the lives of its community members through these various activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Family Farm Wellspring Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability and Finance. The charity's overall score is bolstered by its strong financial health and robust governance practices, which are crucial indicators of its operational integrity.
One notable strength of Family Farm Wellspring is its composition of board members; the organization has 80% independent members, contributing to a well-governed structure. Additionally, the absence of material diversion of assets and a high program expense ratio of 97.86% suggest that the majority of its resources are effectively directed towards its mission rather than administrative overhead.
While the charity demonstrates strong financial accountability, the rating is based solely on the Accountability & Finance beacon. This means that while financial practices are solid, there may be limited insights into other operational aspects such as impact or transparency, which are not evaluated in this score.
This AI summary has been generated from information found on Charity Navigator.
Is Family Farm Wellspring Inc legitimate?
Family Farm Wellspring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Farm 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,702
For more financial information, click here
What is the mission statement of Family Farm Wellspring Inc?
Family Farm Wellspring Inc's mission is centered around providing ministry-related activities. This includes organizing a summer day camp for children aged six to twelve, hosting retreats for individuals of all ages, and offering facilities for school field trips during the spring and fall seasons. The organization's activities aim to cater to a wide age group, providing opportunities for learning, relaxation, and educational experiences. During the summer, they have successfully hosted a Christian day camp for over 1,500 children. Additionally, they offer a pumpkin patch for both children and adults to enjoy during the fall months. Throughout the year, they also host weekend retreats and provide facilities for school field trips.
Who is the CEO of Family Farm Wellspring Inc?
Unavailable
What is the revenue of Family Farm Wellspring Inc?
Family Farm Wellspring Inc's revenue in 2022 was $463,937.
Who are the executives of Family Farm Wellspring Inc and what are their salaries?
The average compensation at Family Farm Wellspring Inc during 2022 was $4,902. There are 44 employees at Family Farm Wellspring Inc.
Here are 5 key members and their salaries:
- Compensation: $46,791
- Related: $0
- Other: $0
- Compensation: $6,609
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Family Farm Wellspring Inc?
Family Farm Wellspring Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Farm Wellspring Inc
Family Farm Wellspring Inc is dedicated to delivering ministry-related activities, serving as a hub for summer day camps for children between six and twelve years old, retreats catering to all age groups, and offering facilities for spring and fall school field trips. The organization's primary mission is to provide these services, aiming to create enriching experiences for its participants.
Throughout the summer, Family Farm Wellspring Inc hosts a Christian day camp, welcoming over 1,500 children. During the fall months, the nonprofit sets up a pumpkin patch, offering a festive atmosphere for both children and adults to enjoy. Furthermore, the organization organizes weekend retreats throughout the year, providing opportunities for relaxation and reflection for individuals of all ages. In addition to these activities, Family Farm Wellspring Inc also offers its facilities for school field trips during the spring and fall seasons, ensuring a fun and educational experience for students.
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Impact
July, 2024
Family Farm Wellspring Inc's impact includes providing ministry-related activities such as a summer day camp for children aged six to twelve, retreats for all ages, and facilities for school field trips during the spring and fall. They have served over 1,500 children through their summer Christian day camp, offered a pumpkin patch for children and adults during the fall months, and hosted weekend retreats throughout the year. Their facilities have also been utilized for school field trips, contributing to educational and recreational opportunities for students.
This information is meant to be a general summary of Family Farm 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $344,961
- Gross Receipts: $463,937
Assets and Liabilities:
- Total Assets: $478,619
- Total Liabilities: $105,163
- Net Assets: $373,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY CAMPS FOR CHILDREN
Revenue
$207,271
PUMPKIN PATCH INCOME
Revenue
$108,827
FIELD TRIPS AND EVENTS
Revenue
$28,863
Organization Details
Founding Year
2018
Main Address
18448 HWY 67, Malvern, AR, 72104
NTEE Category
Code: P30 - Human services
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