Overview
What is Wellspring Ministries Of Alaska Inc?
Wellspring Ministries of Alaska Inc is a nonprofit organization situated in Anchorage, Alaska. With a team of 19 dedicated individuals, their primary mission is centered around the teachings of Jesus Christ and the promotion of spiritual healing. This includes offering personal salvation, guidance, and encouragement to individuals seeking a deeper connection with their faith. Drawing inspiration from Psalms 103:1-3, the organization's purpose is to emphasize the forgiveness and healing provided by God. Beyond spiritual teachings, Wellspring Ministries of Alaska Inc also focuses on recognizing aspects that separate mankind from Christ, providing a space for personal growth and transformation.
Official website here: www.akwellspring.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating, Needs Improvement, Score: 66%
Wellspring Ministries of Alaska Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. While they achieved a perfect score in Accountability & Finance, their overall rating reflects concerns, particularly in governance, as none of the board members are independent. This lack of independent oversight may raise questions about transparency and accountability within the organization.
The organization demonstrates strong financial management, as indicated by a program expense ratio of 96.02%, showing that a substantial portion of their funding is directed towards program services. However, the absence of financial statements available to the public is a notable limitation, as it hinders potential donors and stakeholders from evaluating the organization's financial health comprehensively.
Wellspring Ministries has made strides in establishing essential policies, such as conflict of interest and whistleblower policies, which are crucial for ethical governance. However, improved board independence and the availability of financial documents would enhance their credibility and trustworthiness in the eyes of potential supporters and the community they serve.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wellspring Ministries Of Alaska Inc?
100% of reviewers on Facebook recommend Wellspring Ministries Of Alaska Inc. Here is a summary of their reviews:
The overall sentiment towards this nonprofit is overwhelmingly positive, with users expressing satisfaction with the transformative experiences offered. Many reviewers highlight the unique model of Wellspring, noting significant emotional and physical benefits that participants receive promptly. This leads to a sense of empowerment and fulfillment, aligning with the organization's mission to help individuals achieve their full potential.
Users appreciate the supportive environment that Wellspring creates, emphasizing the positive impact on their lives and well-being. The emphasis on living a happy, balanced life resonates strongly with those who have engaged with the ministry, showcasing its effectiveness in fostering personal growth and spiritual development.
This AI summary has been generated from reviews found on Facebook.
Is Wellspring Ministries Of Alaska Inc legitimate?
Wellspring Ministries Of Alaska Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring Ministries Of Alaska 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: $245,616
For more financial information, click here
Official website here: www.akwellspring.com
What is the mission statement of Wellspring Ministries Of Alaska Inc?
Wellspring Ministries of Alaska Inc's mission revolves around sharing the teachings of Jesus Christ for salvation and identifying the factors that distance people from Him. It is a ministry dedicated to personal salvation, instruction, and encouragement, as well as providing spiritual healing. The organization draws inspiration from Psalms 103:1-3, which emphasizes the importance of acknowledging God's blessings, forgiveness, and healing powers. The mission statement encourages individuals to bless the Lord, acknowledge His benefits, and recognize His capacity to forgive sins and heal diseases.
Official website here: www.akwellspring.com
What is the revenue of Wellspring Ministries Of Alaska Inc?
Wellspring Ministries Of Alaska Inc's revenue in 2024 was $601,820.
Official website here: www.akwellspring.com
Who are the executives of Wellspring Ministries Of Alaska Inc and what are their salaries?
The average compensation at Wellspring Ministries Of Alaska Inc during 2024 was $20,468. There are 12 employees and 12 volunteers at Wellspring Ministries Of Alaska Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $30,240
- Related: $0
- Other: $0
- Compensation: $5,970
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.akwellspring.com
Where can I find the form 990 for Wellspring Ministries Of Alaska Inc?
Wellspring Ministries Of Alaska Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.akwellspring.com
Learn more at the official website: www.akwellspring.com
Mission Statement of Wellspring Ministries Of Alaska Inc
Wellspring Ministries of Alaska Inc is dedicated to spreading the teachings of Jesus Christ with the aim of salvation. Its mission encompasses recognizing the factors that distinguish humanity from Christ, providing personal salvation, teaching, and encouragement. The organization also focuses on spiritual healing, drawing inspiration from Psalms 103:1-3, which emphasizes the importance of blessing the Lord for His forgiveness, healing, and numerous blessings. The mission of Wellspring Ministries of Alaska Inc is centered around spreading the Gospel, facilitating personal salvation, and offering spiritual healing through teaching and encouragement.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Wellspring Ministries of Alaska Inc has a significant impact on the community by providing spiritual healing, personal salvation, teaching, and encouragement. Their focus on teaching the gospel of Jesus unto salvation and addressing issues that separate individuals from Christ plays a vital role in guiding people towards a closer relationship with God. Through their ministry of spiritual healing, they offer support and assistance to those in need. Overall, Wellspring Ministries of Alaska Inc's work has a meaningful impact on the spiritual well-being of individuals in Anchorage, AK.
This information is meant to be a general summary of Wellspring Ministries Of Alaska 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 2024.
- Investment Income: $439
- Program Service Revenue: $196,532
- Gross Receipts: $992,142
Assets and Liabilities:
- Total Assets: $5,636,149
- Total Liabilities: $2,163,338
- Net Assets: $3,472,811
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$124,850
MINISTRY PRODUCT SALES
Revenue
$45,197
MINISTRY SEMINARS
Revenue
$25,925
DIRECT BENE TRANSFER GIFT
Revenue
$520
WORSHIP YHWH PERFORMANCE
Revenue
$40
Organization Details
Founding Year
1999
Principal Officer
Arthur Mathias
Website
www.akwellspring.comNTEE Category
Code: X20 - Religion related
If you are a representative of Wellspring Ministries Of Alaska Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.