Nonprofit screen
Screen a listWellspring Cooperative Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$883krevenue
FY2024 · +116% in 3 yrs5staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin28.7%
Months of reserve9.9mo
Revenue growth (annualized)+28.6%
Middle half of peersMedianWellspring Cooperative
Where the money goes FY2024 · $630k spent
Programs$328k52%Management and general$272k43%Fundraising$30k5%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 12% of revenue stopped after FY2021
The Irene E and George A Davis Foundation gave about $33k a year for two years, 12% of revenue in FY2021.
Funders’ 990-PF grant listsFederal awards stopped after FY2022
$500k in FY2022, none traced since.
USAspendingIn its favor1
Growing faster than peers
Revenue up 29% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort15funders
$301ka year, last 3 years
17%from its largest funder
Funder’17’18’19’20’21’22’23Massmutual Foundation IncOn and off$25k$35k$49k$40k$40k$40kHealth New England IncSince FY2021$50k$50k$50kUnited Way Of Massachusetts Bay IncSince FY2021$44k$83k$22kRichard Schwartz Family FoundationStopped after FY2020$17k$17k$17k$17k–The Irene E and George A Davis FoundationStopped after FY2021$15k$50k–The Beveridge Family FoundationOn and off$17k$20kDonor-advised giftsDonors not disclosed$34k$10k$12k$14k$40k$40k$272k3 other fundersUp to $27k a year each$37k$5k$20k
FundedThrough a donor-advised fundStopped