Overview
What is Wellspring?
Wellspring is a nonprofit organization situated in Menlo Park, California. Its primary mission is to foster spiritual growth and renewal among pastors, Christian leaders, and lay individuals through various programs. In 2022, Wellspring conducted several initiatives, such as the Soulcare program for 36 leaders in the Bay Area and Orange County, monthly small group retreats for 6 leaders, and a community program for 32 leaders. Additionally, the organization aired 8 podcast episodes on soul care topics and offered individual spiritual direction by 10 trained directors. Wellspring also created online spiritual formation resources and hosted retreats for alumni and participants, totaling 194 attendees across two events. The organization's goal is to teach Christian spiritual formation practices to strengthen relationships with God and others.
Official website here: www.wellspringca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Wellspring has received a 69% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored well in areas such as having a majority of independent board members and maintaining a low liabilities to assets ratio, which suggests sound financial management. Additionally, a high program expense ratio indicates that a significant portion of its funds is directed toward its mission.
However, there are notable weaknesses in the organization's governance practices. Wellspring lacks essential policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for transparency and accountability. These deficiencies could raise concerns among potential donors about the organization's commitment to best practices in nonprofit governance.
Overall, while Wellspring demonstrates strong financial metrics and a commitment to its programs, the lack of certain governance policies may impact stakeholder trust and could be areas for improvement moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Wellspring legitimate?
Wellspring is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring 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: $668,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,837
For more financial information, click here
Official website here: www.wellspringca.org
What is the mission statement of Wellspring?
Wellspring's mission is centered around teaching Christian spiritual formation practices to enhance individuals' relationships with God and others. They achieve this objective by conducting retreats and seminars, offering resources for personal spirituality and renewal to pastors, Christian non-profit leaders, and other lay people. In 2022, some of their notable activities included a Soulcare program for local pastors and leaders, Soulcare Next program for select individuals, Soulcare Communities program for a larger group, and the airing of a podcast with eight episodes related to soul care. They also organized retreats for Soulcare alumni and half-day advent retreats, provided individual spiritual direction, and created online spiritual formation resources.
Official website here: www.wellspringca.org
Who is the CEO of Wellspring?
Patti Pierce is the Corp President of Wellspring.
Official website here: www.wellspringca.org
What is the revenue of Wellspring?
Wellspring's revenue in 2022 was $1,243,324.
Official website here: www.wellspringca.org
Who are the executives of Wellspring and what are their salaries?
The average compensation at Wellspring during 2022 was $113,026. There are 7 employees and 10 volunteers at Wellspring.
Here are 12 key members and their salaries:
- Compensation: $86,699
- Related: $0
- Other: $83,093
- Compensation: $111,830
- Related: $0
- Other: $57,748
- Compensation: $98,559
- Related: $0
- Other: $87,307
- Compensation: $74,769
- Related: $0
- Other: $83,072
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wellspringca.org
Where can I find the form 990 for Wellspring?
Wellspring's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellspringca.org
Learn more at the official website: www.wellspringca.org
Mission Statement of Wellspring
Wellspring, a non-profit organization, is dedicated to fostering Christian spiritual formation practices to enhance individuals' relationships with God and others. Their primary mission is to provide retreats and seminars, teaching these spiritual practices to a diverse group of people, including pastors, Christian non-profit leaders, and other lay people. By doing so, Wellspring aims to help individuals deepen their spirituality and connections with their community and divine presence.
Throughout the year, Wellspring offers various programs to achieve its mission. For instance, the Soulcare Program provides a nine-month-long experience for 36 pastors and non-profit leaders from the Bay Area and Orange County. The Soulcare Next Program offers a similar experience for six individuals in the Bay Area, with monthly small group retreats from September to April. Another program, Soulcare Communities, serves 32 pastors and non-profit leaders in the Bay Area, also offering monthly small group retreats. Additionally, Wellspring's podcast airs episodes related to soul care during the year, and retreats are held specifically for Soulcare Alumni.
Beyond these programs, Wellspring also offers individual spiritual direction by trained directors and creates online spiritual formation resources, including downloadable personal retreats. These offerings allow individuals to engage with spiritual practices at their own pace and convenience, furthering Wellspring's mission to promote Christian spiritual formation and strengthen relationships with God and others.
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Impact
July, 2024
Wellspring's impact lies in its mission to teach Christian spiritual formation practices, enhancing the relationship between individuals and God. Through resources such as retreats, seminars, and podcasts, Wellspring has provided a platform for personal spirituality and renewal. In 2022, Wellspring's programs like SoulCare brought together pastors, non-profit leaders, and lay people, fostering spiritual growth and community connections. By offering individual spiritual direction, hosting retreats, and creating online resources, Wellspring continues to support and guide individuals on their spiritual journeys.
This information is meant to be a general summary of Wellspring. 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: $4,818
- Program Service Revenue: $25,030
- Gross Receipts: $1,247,429
Assets and Liabilities:
- Total Assets: $1,478,908
- Total Liabilities: $953
- Net Assets: $1,477,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$25,030
Organization Details
Founding Year
1994
Phone
(650) 328-8966Principal Officer
Patti Pierce
Main Address
PO BOX 7384, MENLO PARK, CA, 940267384
Website
www.wellspringca.orgNTEE Category
Code: X99 - Religion related
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