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

Wellspring Adoption Agency Inc

Golden Valley, MN / EIN 41-1712804 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011613,864553,87959,98511.759%
2012786,832678,768108,06411.566%
2013699,056723,166−24,11010.431%
2014803,070814,720−11,6509.037%
2015712,296739,279−26,9839.539%
2016785,181694,71890,46311.738%
2017705,403762,086−56,6839.731%
2018849,774782,25467,52010.529%
2019824,193740,56383,63012.527%
2020916,436822,99893,43812.626%
2021998,739852,890145,84914.231%
2022888,633778,295110,33817.329%
2023766,790760,7736,01717.856%

In its most recent public year (2023), this organization brought in $6,017 more than it spent. Its reserves stood at about 17.8 months of spending, up from 11.7 in 2011. Staff pay was 56% of spending.

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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