Wellspring Foundation For Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,601,419 | 1,333,928 | 267,491 | 11.8 | 22% |
| 2014 | 1,791,292 | 1,692,108 | 99,184 | 10.0 | 27% |
| 2015 | 1,579,694 | 1,420,777 | 158,917 | 11.8 | 29% |
| 2016 | 1,292,268 | 1,441,554 | −149,286 | 9.1 | 55% |
| 2017 | 1,644,001 | 1,755,497 | −111,496 | 11.1 | 53% |
| 2018 | 1,893,072 | 1,865,829 | 27,243 | 9.9 | 55% |
| 2019 | 1,707,094 | 1,956,465 | −249,371 | 8.3 | 53% |
| 2020 | 1,753,543 | 1,863,174 | −109,631 | 8.4 | 55% |
| 2021 | 1,692,765 | 2,030,860 | −338,095 | 5.9 | 55% |
| 2022 | 1,928,553 | 2,057,023 | −128,470 | 4.5 | 57% |
| 2023 | 1,798,380 | 1,823,390 | −25,010 | 5.1 | 71% |
In its most recent public year (2023), this organization spent $25,010 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 11.8 in 2013. Staff pay was 71% 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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