Civic Intelligence

Wellsprings Worship Ministries Inc

EIN 20-3721759 • 501(c)3 • Houston, TX

Profile

GOSPEL WORSHIP MINISTRY

11152 Westheimer Road Ste 719Houston, TX 77042

wellspringmusic.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

46%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-33%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$18,852

Up $5,956 (+46%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$18,852

Up $5,956 (+46%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin85th percentile

Revenue

Down

$16,100

Down $8,041 (-33%) from 2020

Expenses

Down

$10,144

Down $2,623 (-21%) from 2020

Net Income

Down

$5,956

Down $5,418 (-48%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2010: $61,182Net Assets 2010: $61,1822010Assets 2011: $62,437Net Assets 2011: $62,4372011Assets 2012: $6,770Net Assets 2012: $6,7702012Assets 2013: $3,818Net Assets 2013: $3,8182013Assets 2014: $1,997Net Assets 2014: $1,9972014Assets 2015: $23,538Net Assets 2015: $23,5382015Assets 2016: $20,016Net Assets 2016: $20,0162016Assets 2017: $18,175Net Assets 2017: $18,1752017Assets 2018: $21,610Net Assets 2018: $21,6102018Assets 2019: $1,522Liabilities 2019: $0Net Assets 2019: $1,5222019Assets 2020: $12,896Liabilities 2020: $0Net Assets 2020: $12,8962020Assets 2021: $18,852Liabilities 2021: $0Net Assets 2021: $18,8522021

Highlighted filing

2021

Assets$18,852
Liabilities$0
Net Assets$18,852
Open 2021 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $22,374Expenses 2010: $10,452Net Income 2010: $11,9222010Revenue 2011: $71,373Expenses 2011: $70,118Net Income 2011: $1,2552011Revenue 2012: $78,816Expenses 2012: $73,799Net Income 2012: $5,0172012Revenue 2013: $77,011Expenses 2013: $79,963Net Income 2013: -$2,9522013Revenue 2014: $49,626Expenses 2014: $51,447Net Income 2014: -$1,8212014Revenue 2015: $46,666Expenses 2015: $25,125Net Income 2015: $21,5412015Revenue 2016: $12,328Expenses 2016: $15,850Net Income 2016: -$3,5222016Revenue 2017: $16,202Expenses 2017: $18,043Net Income 2017: -$1,8412017Revenue 2018: $12,788Expenses 2018: $9,353Net Income 2018: $3,4352018Revenue 2019: $12,259Expenses 2019: $10,737Net Income 2019: $1,5222019Revenue 2020: $24,141Expenses 2020: $12,767Net Income 2020: $11,3742020Revenue 2021: $16,100Expenses 2021: $10,144Net Income 2021: $5,9562021

Highlighted filing

2021

Revenue$16,100
Expenses$10,144
Net Income$5,956
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,852
Liabilities
$0
Net assets
$18,852
Revenue
$16,100
Expenses
$10,144
Net income
$5,956
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$18.9$0.00$18.9$16.1$10.1$5.96
2020Detailed filing. Detailed filing data is available for this year.$12.9$0.00$12.9$24.1$12.8$11.4
2019Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$12.3$10.7$1.52
2018Detailed filing. Detailed filing data is available for this year.$21.6$21.6$12.8$9.35$3.44
2017Detailed filing. Detailed filing data is available for this year.$18.2$18.2$16.2$18.0$1.84
2016Detailed filing. Detailed filing data is available for this year.$20.0$20.0$12.3$15.9$3.52
2015Detailed filing. Detailed filing data is available for this year.$23.5$23.5$46.7$25.1$21.5
2014Detailed filing. Detailed filing data is available for this year.$2.00$2.00$49.6$51.4$1.82
2013Detailed filing. Detailed filing data is available for this year.$3.82$3.82$77.0$80.0$2.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$6.77$78.8$73.8$5.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.4$62.4$71.4$70.1$1.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.2$61.2$22.4$10.5$11.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 12, 2022
Return Version
2021v4.1
Gross Receipts
$16,100
Mission and Program Overview

Mission

WORSHIP MINISTRIES

GOSPEL WORSHIP MINISTRY

Program Services

DescriptionGrantsExpenses
GOSPEL WORSHIP MINISTRY--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID ADESOKANExecutive DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Wellsprings Worship Ministries Inc
EIN
20-3721759
Address
11152 WESTHEIMER ROAD STE 719, Houston, TX 77042

Signing Officer

Name
David Adesokan
Title
Director
Signed
2022-03-12
Discuss with paid preparer
No

Preparer

Firm
Roj Tax & Financial Services Pllc
Address
7311 BELLERIVE DRIVE, Houston, TX 77036
Preparer
Richard O Johnson
Phone
7137843400
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountMUSIC MINISTRY 4,400OFFERING 2,900BENEVOLENCE 1,500SUPPLIES 1,344”

Raw XML Appendix107 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID ADESOKAN
IRS990EZ/BooksInCareOfDetail/PhoneNum08328787398
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011152 WESTHEIMER ROAD STE 719
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077042
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012896
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018852
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016100
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05956
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012896
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018852
IRS990EZ/GrossReceiptsAmt016100
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012896
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018852
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012896
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018852
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID ADESOKAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt010144
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GOSPEL WORSHIP MINISTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GOSPEL WORSHIP MINISTRY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010144
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt016100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WELLSPRINGMUSIC.ORG
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMUSIC MINISTRY 4,400OFFERING 2,900BENEVOLENCE 1,500SUPPLIES 1,344
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID ADESOKAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLSPRINGS WORSHIP MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0203721759
ReturnHeader/Filer/USAddress/AddressLine1Txt011152 WESTHEIMER ROAD STE 719
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077042
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900834103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROJ TAX & FINANCIAL SERVICES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07311 BELLERIVE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077036
ReturnHeader/PreparerPersonGrp/PhoneNum07137843400
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD O JOHNSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-14T15:03:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ADESOKAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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