Overview

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Est.

1986

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

WELLSPRING is a nonprofit organization with an EIN of 38-3043083, dedicated to supporting youth through initiatives in religion and violence prevention. Its mission includes providing educational programs such as Kumon math and reading, college preparation, and outdoor recreational activities, while fostering leadership development and Christian discipleship. With an operating budget of $732.6K and total revenue of $824K for the 2024 filing year, WELLSPRING does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base. More information can be found at wellspringdetroit.org.

Mission Statement

SIGNIFICANT ACTIVITIES INCLUDING KUMON MATH & READING, COLLEGE PREPARATION, FIELD TRIPS, OUTDOOR RECREATION SUCH AS CAMPING & KAYAKING, LEADERSHIP DEVELOPMENT, SUMMBER EMPLOYMENT AND CHRISTIAN DISCIPLESHIP.
Revenues
$824K
Expenses
$732.6K
Net Income:
+$91.4K
Assets
$1.3M
Liabilities
$19.8K
Net Assets:
+$1.3M
Operating Budget
$732.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
10
Median grant size
$15K
Largest grant received
$120K
D
Daniel T Bandrowski
Board Member
M
Mishael Raiford
Board Member
H
Henry Wells
Board Member

Frequently Asked Questions

What is WELLSPRING’s budget?
In 2024, WELLSPRING reported an annual operating budget of around $733 thousand. More detailed financial information is available to registered users.
What causes does WELLSPRING support?
WELLSPRING supports work in Religion for youth and Youth Violence Prevention.
Where does WELLSPRING operate?
WELLSPRING is headquartered in Detroit, MI.
Who funded WELLSPRING recently?
In 2024, WELLSPRING received grants from Max M. & Marjorie S. Fisher Foundation, THE SKILLMAN FOUNDATION, and Max M. & Marjorie S. Fisher Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant WELLSPRING received in 2024?
The largest grant to WELLSPRING in 2024 exceeds $120 thousand.
What is WELLSPRING’s reliance on government grants?
WELLSPRING relied on government grants for more than 30% of their total revenue in 2024.