Wellspring Family Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,396,915 | 25,029,532 | 2,367,383 | 4.3 | 27% |
| 2021 | 30,549,356 | 30,024,111 | 525,245 | 3.8 | 26% |
| 2022 | 31,336,006 | 31,222,693 | 113,313 | 3.7 | 30% |
In its most recent public year (2022), this organization brought in $113,313 more than it spent. Its reserves stood at about 3.7 months of spending. Staff pay was 30% of spending. $850,901 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 2022. 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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