Well-Spring Ret Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,387,725 | 20,223,326 | 164,399 | 3.5 | 42% |
| 2012 | 21,840,205 | 20,768,119 | 1,072,086 | 5.0 | 43% |
| 2013 | 23,049,788 | 21,198,462 | 1,851,326 | 6.5 | 44% |
| 2014 | 25,285,458 | 22,665,214 | 2,620,244 | 7.7 | 44% |
| 2015 | 26,605,553 | 23,678,548 | 2,927,005 | 8.6 | 44% |
| 2016 | 25,392,391 | 23,438,184 | 1,954,207 | 10.6 | 38% |
| 2017 | 33,051,025 | 24,996,764 | 8,054,261 | 13.8 | 38% |
| 2018 | 28,804,245 | 26,125,414 | 2,678,831 | 13.3 | 38% |
| 2019 | 33,044,542 | 30,588,821 | 2,455,721 | 13.2 | 36% |
| 2020 | 33,222,208 | 31,177,091 | 2,045,117 | 14.0 | 36% |
| 2021 | 37,797,719 | 33,551,739 | 4,245,980 | 15.3 | 37% |
| 2022 | 36,704,666 | 36,925,554 | −220,888 | 12.6 | 38% |
| 2023 | 39,926,094 | 41,111,393 | −1,185,299 | 12.3 | 38% |
In its most recent public year (2023), this organization spent $1,185,299 more than it brought in. Its reserves stood at about 12.3 months of spending, up from 3.5 in 2011. Staff pay was 38% of spending. $1,429,765 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
Well-Spring Ret Community'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