Wellspring Educational Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 311,097 | 213,559 | 97,538 | 5.5 | 79% |
| 2015 | 706,419 | 529,151 | 177,268 | 5.7 | 81% |
| 2016 | 1,005,700 | 995,786 | 9,914 | 3.1 | 74% |
| 2017 | 1,662,656 | 1,714,792 | −52,136 | 1.4 | 76% |
| 2018 | 2,690,148 | 2,336,332 | 353,816 | 4.3 | 70% |
| 2019 | 3,427,700 | 2,454,274 | 973,426 | 8.9 | 71% |
| 2020 | 3,660,198 | 3,082,207 | 577,991 | 9.2 | 72% |
| 2021 | 4,233,377 | 3,030,033 | 1,203,344 | 14.2 | 72% |
| 2022 | 3,762,392 | 2,872,869 | 889,523 | 18.7 | 75% |
| 2023 | 3,968,373 | 3,194,892 | 773,481 | 19.7 | 76% |
In its most recent public year (2023), this organization brought in $773,481 more than it spent. Its reserves stood at about 19.7 months of spending, up from 5.5 in 2014. Staff pay was 76% 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
Wellspring Educational Services Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works