everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Wellspring

Detroit, MI / EIN 38-3043083 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011168,423215,263−46,8408.258%
2012246,085230,58515,5008.563%
2013527,118273,038254,08018.363%
2014317,511296,14521,36617.865%
2015331,014249,32681,68825.069%
2016451,178307,826143,35225.967%
2017279,522387,121−107,59917.262%
2018479,045413,37165,67418.063%
2019574,277459,167115,11019.264%
2020519,239490,83228,40718.767%
2021684,776564,366120,41020.261%
2022676,872610,63466,23820.060%
2023771,234561,636209,59826.259%

In its most recent public year (2023), this organization brought in $209,598 more than it spent. Its reserves stood at about 26.2 months of spending, up from 8.2 in 2011. Staff pay was 59% of spending. $334,820 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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