Nonprofit screen
Screen a listWellspring Family Services
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)
$12Mrevenue
FY2024 · −61% in 3 yrs91staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.4%
Months of reserve1.0mo
Revenue growth (annualized)−3.0%
Middle half of peersMedianWellspring Family Services
Where the money goes FY2024 · $12M spent
Programs$8.3M67%Management and general$3.2M26%Fundraising$776k6%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.8M in FY2023 and −$292k in FY2024. Cash covers 1.0 months, under the peer median of 1.7.
990 Part I and balance sheetIn its favor2
Strong governance
18 of 18 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 29% of revenue in FY2024.
990 Part VIII126funders
$4.8Ma year, last 3 years
69%from its largest funder
Funder’17’18’19’20’21’22’23United Way of King CountyStopped after FY2022$745k$396k$572k$3.2M$3.6M$6.4M–The Seattle Times Community Impact FundSince FY2021$214k$193k$158kThe Starbucks FoundationOn and off$150k$50k$150k$100kGates FoundationOn and off$125k$101k$100kBiella FoundationSince FY2020$68k$71k$72k$72kEmployees Community Fund of the Boeing CompanyOn and off$192kDonor-advised giftsDonors not disclosed$308k$266k$262k$1.0M$558k$540k$985k88 other fundersUp to $130k a year each$128k$102k$143k$389k$265k$407k$400k
FundedThrough a donor-advised fundStopped