Wellspring INC FY2024 filing

Tax-deductible

Mitchell, SD501(c)(3)Since 1990Human ServicesEIN 46-0414463Revenue $4.0M in FY2024

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.
87¢ of each $1 spent went to programs.
$211K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$211K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
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
$2.7M
48% of total assets
Looks good: liabilities are 48% 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
$4.0M
+8% vs prior year
Spent
$4.2M
To programs
87%
Net assets
$3.0M
By yearFY2021–FY2025
Revenue
$4.0M
FY2024▲ +8%
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
$4.2M
FY2024▼ -7%
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
$3.0M
FY2024▼ -6%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

87 cents of each dollar spent went to programs.

Program services 87% · $3.7M Management & general 12% · $509K Fundraising 1% · $62K

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

13 people listed on the 990; $211K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$81,655Pt VII · Sec A
COO/CEO
$74,824Pt VII · Sec A
$54,037Pt VII · Sec A
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$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 · $3.7M · in their own filed words · FY2023
01

Counseling for families and adolescents with emotional, behavior, or chemical dependency problems. We served 111 individuals in the addiction recovery unit, 11 in the behavioral health care unit, 26 in the psychiatric residential treatment facility, 32 in intensive outpatient therapy, and 231 in the adolescent crisis care unit for the…

$3.7Mprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Fees for servicesLn 2g$3.2M
Gifts and grantsLn 1h$787K
Other incomeLn 4–11$8K
Money outPt IX
$4.2M
Ln 25
Programscol B$3.7M
Managementcol C$509K
Fundraisingcol D$62K
Owns and owesPt X
$3.0M
net assets · Ln 32
Cash and savingsLn 1–2$239K
Total assetsLn 16$5.7M
LiabilitiesLn 26$2.7M
PeoplePt VI, VII
13
listed · VII A
PaidVII A3
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$787K
Government grantsLn 1e$157K
Noncash giftsLn 1g$47K
Fundraising eventsLn 1c$16K
Fees for servicesLn 2g$3.2M
Investment incomeLn 3$7K
Other incomeLn 4–11$8K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$217K
SavingsLn 2$22K
Cash and savings togetherLn 1–2$239K
InvestmentsLn 11–13$104K
Land, buildings, equipmentLn 10c$5.2M
Other assetsLn 15$88K
Total assetsLn 16$5.7M
LiabilitiesLn 26$2.7M
Net assetsLn 32$3.0M
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 FY24End FY24
Cash and savingsLn 1–2$213K$239K
InvestmentsLn 11–13$92K$104K
Land, buildings, equipmentLn 10c$5.3M$5.2M
Total assetsLn 16$6.0M$5.7M
LiabilitiesLn 26$2.8M$2.7M
Net assetsLn 32$3.2M$3.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$204K$152K$43K$9K
Other salaries and wagesLn 7$2.6M$2.5M$97K$32K
Pension plan contributionsLn 8$5K$4K$592$109
Other employee benefitsLn 9$229K$193K$30K$5K
Payroll taxesLn 10$221K$173K$44K$4K
Accounting feesLn 11c$55K$55K
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$33K$30K$2K$256
Office expensesLn 13$188K$147K$32K$9K
OccupancyLn 16$111K$108K$2K$705
TravelLn 17$13K$11K$1K$8
Conferences, conventions and meetingsLn 19$34K$32K$1K$165
InterestLn 20$92K$92K
Depreciation, depletion and amortizationLn 22$196K$191K$3K$1K
InsuranceLn 23$3K$2K$173
Other expenses (24a–d)Ln 24$252K$148K$104K$248
All other expensesLn 24e$131$131
Total functional expensesLn 25$4.2M$3.7M$509K$62K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.3M$3.7M−$393K$2.6M 990 PDF
FY2024 Viewing $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 $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 FY2024 990 (6 parts)
Part I · Summary $4,020,647 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $936,393$787,171
I-9 Program service revenuePrior year $2,785,792$3,217,743
I-10 Investment incomePrior year $2,829$7,308
I-11 Other revenuePrior year $1,303$8,425
I-12 Total revenuePrior year $3,726,317$4,020,647
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,654,756$3,260,427
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $877,606$975,402
I-18 Total expensesPrior year $4,532,362$4,235,829
I-19 Revenue less expensesPrior year −$806,045−$215,182
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 $4,020,647 across 10 lines filed
VIII-1c Fundraising events$16,286
VIII-1e Government grants$156,801
VIII-1f All other contributions, gifts and grants$614,084
VIII-1g Noncash contributions (included above)$46,871
VIII-1h Total contributions, gifts and grants$787,171
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,217,743$3,217,743
VIII-3 Investment incomeExcluded from tax $7,308$7,308
VIII-8 Net income from fundraising eventsExcluded from tax $6,232$6,232
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,193$2,193
VIII-12 Total revenueRelated to mission $3,217,743 · Excluded from tax $15,733$4,020,647
Part IX · Statement of functional expenses $4,235,829 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $152,456 · Management $42,738 · Fundraising $8,968$204,162
IX-7 Other salaries and wagesPrograms $2,473,597 · Management $96,726 · Fundraising $32,066$2,602,389
IX-8 Pension plan contributionsPrograms $3,808 · Management $592 · Fundraising $109$4,509
IX-9 Other employee benefitsPrograms $193,291 · Management $30,110 · Fundraising $5,425$228,826
IX-10 Payroll taxesPrograms $172,517 · Management $44,248 · Fundraising $3,776$220,541
IX-11c Accounting feesManagement $54,503$54,503
IX-11f Investment management feesManagement $1,366$1,366
IX-11g Other fees for servicesPrograms $30,389 · Management $1,905 · Fundraising $256$32,550
IX-13 Office expensesPrograms $147,476 · Management $31,670 · Fundraising $8,736$187,882
IX-16 OccupancyPrograms $107,960 · Management $2,197 · Fundraising $705$110,862
IX-17 TravelPrograms $11,490 · Management $1,318 · Fundraising $8$12,816
IX-19 Conferences, conventions and meetingsPrograms $32,205 · Management $1,314 · Fundraising $165$33,684
IX-20 InterestManagement $91,737$91,737
IX-22 Depreciation, depletion and amortizationPrograms $191,194 · Management $2,902 · Fundraising $1,451$195,547
IX-23 InsuranceManagement $2,464 · Fundraising $173$2,637
IX-24 Other expenses (24a–d)Programs $147,780 · Management $103,659 · Fundraising $248$251,687
IX-24e All other expensesPrograms $131$131
IX-25 Total functional expensesPrograms $3,664,294 · Management $509,449 · Fundraising $62,086$4,235,829
Part X · Balance sheet $5,735,472 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $164,941$217,086
X-2 Savings and temporary cash investmentsStart of year $48,545$21,961
X-3 Pledges and grants receivableStart of year $87,318$11,285
X-4 Accounts receivableStart of year $321,725$99,386
X-9 Prepaid expenses and deferred chargesStart of year $12,383$29,890
X-10c Land, buildings and equipment, netStart of year $5,319,867$5,163,781
X-11 Publicly traded securitiesStart of year $91,802$103,659
X-15 Other assets$88,424
X-16 Total assetsStart of year $6,046,581$5,735,472
X-17 Accounts payable and accrued expensesStart of year $457,643$294,082
X-25 Other liabilities$89,233
X-26 Total liabilitiesStart of year $2,833,984$2,726,953
X-27 Net assets without donor restrictionsStart of year $2,833,244$2,857,016
X-28 Net assets with donor restrictionsStart of year $379,353$151,503
X-32 Total net assets or fund balancesStart of year $3,212,597$3,008,519
X-33 Total liabilities and net assetsStart of year $6,046,581$5,735,472
Part XI · Reconciliation of net assets $3,008,519 net assets at year end
XI-1 Total revenue$4,020,647
XI-2 Total expenses$4,235,829
XI-3 Revenue less expenses−$215,182
XI-4 Net assets at start of year$3,212,597
XI-5 Net unrealized gains (losses) on investments$11,105
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$3,008,519

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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