Wellspring INC FY2021 filing

Tax-deductible

Mitchell, SD501(c)(3)Since 1990Human ServicesEIN 46-0414463Revenue $3.7M in FY2021

On file with the IRSwellfully.orgPo Box 700, 57301-0700 · Mitchell, SDTax-exempt since Jul 1991Publicly supported charity — 170(b)(1)(A)(vi)

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Wellspring's, DBA wellfully, mission is to provide health, recovery and development services to all adolescent youth. Vision: we focus on being the premier adolescent care provider in the region. Service: we serve youth between the ages of 10 and 18 who have significant mental health, substance abuse, and behavioral challenges. These youth need our support to safely function in their homes, schools, and our community. Through wellfully's high quality residential and afterschool programs, youth develop effective coping skills, make better life choices, and receive ongoing support for a successful future.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$248K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
1 of 5
filings with a surplus
Average deficit $206K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$248K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $62K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.8M
40% of total assets
Looks good: liabilities are 40% 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
$3.7M
Spent
$3.2M
To programs
86%
Net assets
$4.2M
By yearFY2021–FY2025
Revenue
$3.7M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$3.7M
FY2022$3.7M
FY2023$3.7M
FY2024$4.0M
FY2025$3.3M
Expenses
$3.2M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$3.2M
FY2022$3.8M
FY2023$4.5M
FY2024$4.2M
FY2025$3.7M
Net assets
$4.2M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.2M
FY2022$4.0M
FY2023$3.2M
FY2024$3.0M
FY2025$2.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 ruling in Jul 1991.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $2.7M Management & general 12% · $383K Fundraising 2% · $49K

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

14 people listed on the 990; $248K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$97,382Pt VII · Sec A
Acct Manager
$67,437Pt VII · Sec A
Dir. of Oper
$62,352Pt VII · Sec A
$20,529Pt VII · Sec A
President
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Bob Burke’s $88K as COO/CEO is at the 24th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
William Eilers—$81,655$100,772$102,073$97,382
Bob Burke$87,772$74,824$42,221——
Amanda Johnson——$68,194$73,353$20,529
Jeanne Maher————$67,437
Richard Cartney———$64,526$62,352
Joel Brand—$54,037———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers health, recovery, and development services for adolescents with mental health and behavioral challenges.

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Provided by the organization

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1 program · $2.7M · in their own filed words · FY2020
01

Counseling for families and adolescents with emotional, behavior, or chemical dependency problems. We served 57 youth in group care, 98 youth in in-patient chemical dependency, 20 individuals in the psychiatric residential treatment facility program, and 82 in assessments including the youth in out-patient chemical dependency for the…

$2.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$62K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Fees for servicesLn 2g$2.6M
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$3K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.7M
Managementcol C$383K
Fundraisingcol D$49K
Owns and owesPt X
$4.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$6.9M
LiabilitiesLn 26$2.8M
PeoplePt VI, VII
14
listed · VII A
PaidVII A4
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$886K
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$3K
Other incomeLn 4–11$1K
Gains on assetsLn 7$971
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$25K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$41K
Land, buildings, equipmentLn 10c$5.5M
Total assetsLn 16$6.9M
LiabilitiesLn 26$2.8M
Net assetsLn 32$4.2M
OperationsPt I, VI
EmployeesI 595
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.2M$1.1M
InvestmentsLn 11–13$32K$41K
Land, buildings, equipmentLn 10c$5.6M$5.5M
Total assetsLn 16$7.2M$6.9M
LiabilitiesLn 26$3.5M$2.8M
Net assetsLn 32$3.6M$4.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$275K$109K$166K
Other salaries and wagesLn 7$1.8M$1.8M$23K
Pension plan contributionsLn 8$6K$6K
Other employee benefitsLn 9$184K$181K$2K$145
Payroll taxesLn 10$157K$138K$11K$8K
Accounting feesLn 11c$17K$17K
Investment management feesLn 11f$528$528
Other fees for servicesLn 11g$32K$22K$9K$2K
Office expensesLn 13$138K$120K$9K$9K
OccupancyLn 16$105K$85K$19K$211
TravelLn 17$14K$14K
Conferences, conventions and meetingsLn 19$15K$14K$474
InterestLn 20$140K$140K
Depreciation, depletion and amortizationLn 22$176K$169K$6K$439
InsuranceLn 23$29K$28K$1K$125
Other expenses (24a–d)Ln 24$83K$75K$555$7K
Total functional expensesLn 25$3.2M$2.7M$383K$49K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.3M$3.7M−$393K$2.6M 990 PDF
FY2024 $4.0M$4.2M−$215K$3.0M 990 PDF
FY2023 $3.7M$4.5M−$806K$3.2M 990 PDF
FY2022 $3.7M$3.8M−$130K$4.0M 990 PDF
FY2021 Viewing $3.7M$3.2M$513K$4.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $3,686,076 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $202,654$1,076,210
I-9 Program service revenuePrior year $2,033,395$2,605,052
I-10 Investment incomePrior year $152,788$3,357
I-11 Other revenuePrior year $23,717$1,457
I-12 Total revenuePrior year $2,412,554$3,686,076
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,874,746$2,422,803
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $668,453$750,490
I-18 Total expensesPrior year $2,543,199$3,173,293
I-19 Revenue less expensesPrior year −$130,645$512,783
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,686,076 across 9 lines filed
VIII-1a Federated campaigns$42,950
VIII-1e Government grants$885,732
VIII-1f All other contributions, gifts and grants$147,528
VIII-1h Total contributions, gifts and grants$1,076,210
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,605,052$2,605,052
VIII-3 Investment incomeExcluded from tax $2,386$2,386
VIII-7 Net gain or loss on sales of assetsExcluded from tax $971$971
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,457$1,457
VIII-12 Total revenueRelated to mission $2,605,052 · Excluded from tax $4,814$3,686,076
Part IX · Statement of functional expenses $3,173,293 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $109,132 · Management $165,833$274,965
IX-7 Other salaries and wagesPrograms $1,778,063 · Fundraising $22,569$1,800,632
IX-8 Pension plan contributionsPrograms $6,122$6,122
IX-9 Other employee benefitsPrograms $181,450 · Management $2,214 · Fundraising $145$183,809
IX-10 Payroll taxesPrograms $138,290 · Management $11,176 · Fundraising $7,809$157,275
IX-11c Accounting feesManagement $17,300$17,300
IX-11f Investment management feesManagement $528$528
IX-11g Other fees for servicesPrograms $21,607 · Management $9,126 · Fundraising $1,723$32,456
IX-13 Office expensesPrograms $120,168 · Management $9,095 · Fundraising $8,551$137,814
IX-16 OccupancyPrograms $85,332 · Management $19,361 · Fundraising $211$104,904
IX-17 TravelPrograms $14,314$14,314
IX-19 Conferences, conventions and meetingsPrograms $14,386 · Management $474$14,860
IX-20 InterestManagement $140,276$140,276
IX-22 Depreciation, depletion and amortizationPrograms $169,422 · Management $5,794 · Fundraising $439$175,655
IX-23 InsurancePrograms $27,871 · Management $1,131 · Fundraising $125$29,127
IX-24 Other expenses (24a–d)Programs $75,474 · Management $555 · Fundraising $7,227$83,256
IX-25 Total functional expensesPrograms $2,741,631 · Management $382,863 · Fundraising $48,799$3,173,293
Part X · Balance sheet $6,946,461 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $22,075$25,179
X-2 Savings and temporary cash investmentsStart of year $1,219,706$1,027,452
X-3 Pledges and grants receivableStart of year $177,055$121,276
X-4 Accounts receivableStart of year $73,994$225,489
X-9 Prepaid expenses and deferred chargesStart of year $7,134$19,170
X-10c Land, buildings and equipment, netStart of year $5,636,451$5,486,524
X-11 Publicly traded securitiesStart of year $32,361$41,371
X-16 Total assetsStart of year $7,168,776$6,946,461
X-17 Accounts payable and accrued expensesStart of year $198,691$174,239
X-26 Total liabilitiesStart of year $3,534,588$2,791,525
X-27 Net assets without donor restrictionsStart of year $3,414,800$3,949,465
X-28 Net assets with donor restrictionsStart of year $219,388$205,471
X-32 Total net assets or fund balancesStart of year $3,634,188$4,154,936
X-33 Total liabilities and net assetsStart of year $7,168,776$6,946,461
Part XI · Reconciliation of net assets $4,154,936 net assets at year end
XI-1 Total revenue$3,686,076
XI-2 Total expenses$3,173,293
XI-3 Revenue less expenses$512,783
XI-4 Net assets at start of year$3,634,188
XI-5 Net unrealized gains (losses) on investments$7,960
XI-9 Other changes in net assets$5
XI-10 Net assets at end of year$4,154,936

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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