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Wellspring for the World INC FY2020 filing

Fargo, NDUnknown exempt organization EIN 20-3570846Revenue $394K in FY2020Latest return filed Mar 25, 2026

On file with the IRSwellspringfortheworld.orgPo Box 9993 · Fargo, ND

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Fund wells and water projects

96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $335 a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $55K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$200
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$394K
Spent
$282K
To programs
96%
Net assets
$731K
By yearFY2020–FY2025
Revenue
$394K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$394K
FY2021$161K
FY2022$171K
FY2023$196K
FY2024$278K
FY2025$854
Expenses
$282K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$282K
FY2021$294K
FY2022$293K
FY2023$318K
FY2024$9K
FY2025Not on file
Net assets
$731K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$731K
FY2021$597K
FY2022$468K
FY2023$172K
FY2024$440K
FY2025$0

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $271K Management & general 4% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Kim Lauf
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Jon Forness
Treasurer
$0Pt VII · Sec A
Mark Larsen
Board Member
$0Pt VII · Sec A
Carl Wall
Board Member
$0Pt VII · Sec A
Al Jaeger
Board Member
$0Pt VII · Sec A
Bonnie Freeland
Board Member
$0Pt VII · Sec A
See Wellspring for the World INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Wellspring for the World INC is a nonprofit organization based in Fargo, ND.

Questions for Wellspring for the World INC

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1 program · $271K · in their own filed words · FY2020
01

Wellspring for the World completed their 1,000 well campaign in October 2020. They will continue to partner with global water supplier World Vision to provide additional water points through World Vision's Global Water sector, expanding their reach outside of the 10 African countries previously served and fund water points wherever World…

$271Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Gs Donor Advised Philanthropy Fund for Wealth Management INCFY2024$55K
Total grants receivedfrom 1 funder$55K
Grants paid · 4 grants · $1.1M · 2020–2023
World Vision INCWA · FY2023$296,500
World Vision INCWA · FY2022$280,000
World Vision INCWA · FY2021$285,000
World Vision INCWA · FY2020$270,000

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$394K
Ln 12
Gifts and grantsLn 1h$394K
Investment incomeLn 3$3
Money outPt IX
$282K
Ln 25
Programscol B$271K
Managementcol C$11K
Owns and owesPt X
$731K
net assets · Ln 32
Cash and savingsLn 1–2$167K
Total assetsLn 16$731K
LiabilitiesLn 26$200
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$394K
Investment incomeLn 3$3
Total revenueLn 12$394K
Assets in detailPt X, end of year
SavingsLn 2$167K
Cash and savings togetherLn 1–2$167K
Total assetsLn 16$731K
LiabilitiesLn 26$200
Net assetsLn 32$731K
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$115K$167K
Total assetsLn 16$620K$731K
LiabilitiesLn 26$0$200
Net assetsLn 32$620K$731K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$270K$270K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$750$750
Office expensesLn 13$225$225
Other expenses (24a–d)Ln 24$3K$1K$1K
Total functional expensesLn 25$282K$271K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 25, 2026 $854$0 990 PDF
FY2024Filed with the IRS Nov 7, 2025 $278K$9K$268K$440K 990 PDF
FY2023Filed with the IRS Nov 11, 2024 $196K$318K−$122K$172K 990 PDF
FY2022Filed with the IRS Jul 7, 2023 $171K$293K−$122K$468K 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $161K$294K−$134K$597K 990 PDF
FY2020 ViewingFiled with the IRS May 13, 2021 $394K$282K$112K$731K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $393,754 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $280,290$393,751
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2$3
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $280,292$393,754
I-13 Grants and similar amounts paidPrior year $570,000$270,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $23,734$12,164
I-18 Total expensesPrior year $593,734$282,164
I-19 Revenue less expensesPrior year −$313,442$111,590
Part VI · Governance 10 of 10 board members independent, 5 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $393,754 across 4 lines filed
VIII-1f All other contributions, gifts and grants$393,751
VIII-1h Total contributions, gifts and grants$393,751
VIII-3 Investment incomeExcluded from tax $3$3
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3$393,754
Part IX · Statement of functional expenses $282,164 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $270,000$270,000
IX-11c Accounting feesManagement $8,456$8,456
IX-12 Advertising and promotionManagement $750$750
IX-13 Office expensesManagement $225$225
IX-24 Other expenses (24a–d)Programs $1,263 · Management $1,470$2,733
IX-25 Total functional expensesPrograms $271,263 · Management $10,901 · Fundraising $0$282,164
Part X · Balance sheet $731,352 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $114,884$167,323
X-3 Pledges and grants receivableStart of year $503,953$564,029
X-9 Prepaid expenses and deferred chargesStart of year $725$0
X-16 Total assetsStart of year $619,562$731,352
X-17 Accounts payable and accrued expenses$200
X-26 Total liabilitiesStart of year $0$200
X-27 Net assets without donor restrictionsStart of year $115,609$167,123
X-28 Net assets with donor restrictionsStart of year $503,953$564,029
X-32 Total net assets or fund balancesStart of year $619,562$731,152
X-33 Total liabilities and net assetsStart of year $619,562$731,352
Part XI · Reconciliation of net assets $731,152 net assets at year end
XI-1 Total revenue$393,754
XI-2 Total expenses$282,164
XI-3 Revenue less expenses$111,590
XI-4 Net assets at start of year$619,562
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$731,152

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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