Civic Intelligence

Wellspring Second Chance Center

990 • Fiscal year 2023 • EIN 26-3277422

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

2134 44th Ave NMinneapolis, MN 55412

(612) 296-2895

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.39x

Higher debt load relative to assets than 84% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.06x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$83,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

33rd percentile

-2.1%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

62%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$113,450

Down $2,412 (-2.1%) from 2022

Net Assets

Down

$69,197

Down $3,830 (-5.2%) from 2022

Liabilities

Up

$44,253

Up $1,418 (+3.3%) from 2022

Revenue

Up

$695,096

Up $265,712 (+62%) from 2022

Expenses

Up

$698,607

Up $259,610 (+59%) from 2022

Net Income

Up

-$3,511

Up $6,102 (+63%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2013: $4,362Net Assets 2013: $4,3622013Assets 2014: $4,660Net Assets 2014: $4,6602014Assets 2015: $9,643Net Assets 2015: $9,6432015Assets 2016: $14,610Net Assets 2016: $14,6102016Assets 2017: $10,432Net Assets 2017: $10,4322017Assets 2018: $17,789Net Assets 2018: $17,7892018Assets 2019: $34,758Net Assets 2019: $34,7582019Assets 2020: $66,736Net Assets 2020: $66,7362020Assets 2021: $75,548Liabilities 2021: $5,122Net Assets 2021: $70,4262021Assets 2022: $115,862Liabilities 2022: $42,835Net Assets 2022: $73,0272022Assets 2023: $113,450Liabilities 2023: $44,253Net Assets 2023: $69,1972023Assets 2024: $97,557Liabilities 2024: $25,570Net Assets 2024: $71,9872024

Highlighted filing

2023

Assets$113,450
Liabilities$44,253
Net Assets$69,197

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2013: $6,989Expenses 2013: $3,127Net Income 2013: $3,8622013Revenue 2014: $20,583Expenses 2014: $20,285Net Income 2014: $2982014Revenue 2015: $29,148Expenses 2015: $24,165Net Income 2015: $4,9832015Revenue 2016: $48,729Expenses 2016: $43,762Net Income 2016: $4,9672016Revenue 2017: $45,511Expenses 2017: $49,626Net Income 2017: -$4,1152017Revenue 2018: $57,221Expenses 2018: $49,864Net Income 2018: $7,3572018Revenue 2019: $63,499Expenses 2019: $46,530Net Income 2019: $16,9692019Revenue 2020: $128,976Expenses 2020: $96,998Net Income 2020: $31,9782020Revenue 2021: $173,664Expenses 2021: $151,063Net Income 2021: $22,6012021Revenue 2022: $429,384Expenses 2022: $438,997Net Income 2022: -$9,6132022Revenue 2023: $695,096Expenses 2023: $698,607Net Income 2023: -$3,5112023Revenue 2024: $625,261Expenses 2024: $561,313Net Income 2024: $63,9482024

Highlighted filing

2023

Revenue$695,096
Expenses$698,607
Net Income-$3,511
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$695,096
Mission and Program Overview

Mission

Program consist of group sessions and activites that assist youth ages 9 to 27 to develop the life skills sets, knowledge and values necessary to eliminate some of the elements/barriers to success and lessens their liklihood of becoming in the juvinile justice system or fall prey to intergenerational incarceration - adult fishers of men program provide psycho-educational intervention and prevention programing

The Well Spring Second Chance Center Mission is to shepherd community resources, meet basic needs, promote self-sufficiency, assist and protect the vulnerable, formerly incarcerated, marginalized persons, and preserve families through the efficient and cost-effective delivery of services expertise, crisis management and with an emphasis in the area of improving lives of ex-offenders. We provide diversionary programing and do not go in prisons. With the exemption of Criminal Sexual Contact (CSC) Clients

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,273$62,467▲ $53,194
Cash and Non-Interest-Bearing Accounts$106,709$47,838▼ $58,871
Loans From Officers Directors-$3,277-
Prepaid Expenses and Deferred Charges-$3,145-
Other Notes and Loans Receivable, Net$-120--
Total Assets$115,862$113,450▼ $2,412
Liabilities
Other Liabilities$42,835--
Mortgage Notes Payable Secured by Investment Property-$30,497-
Accounts Payable and Accrued Expenses-$10,479-
Total Liabilities$42,835$44,253▲ $1,418
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$73,027$69,197▼ $3,830
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$73,027$69,197▼ $3,830
Total Liabilities and Net Assets / Fund Balance$115,862$113,450▼ $2,412

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,467$14,787$77,254
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deseria GallowayCEOFT$83,000$83,000

Board Members and Trustees

NameTitle
Rob MurrayBoard Chair
Henry GallowayProgram Chair
Devon GilchristWebsite Chair
Kentral GallowayDirector
Troy CuffDirector
Lilene MooreDirector at Large
Lucius LutherMember at Large
Revenue and Support

Revenue Composition

Contributions and Grants
$653,599
Program Service Revenue
$26,122
Investment Income
$10,500
Other Revenue
$4,875
All Other Contributions
$105,643
Change in Net Assets
$-3,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,477
Salaries, Compensation, and Employee Benefits$337,323
Grants and Similar Amounts Paid$13,307
Professional Fundraising Fees$7,500
Total Fundraising Expense$7,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$187,208$20,801$0$208,009
Information Technology$54,893$31,050$0$85,943
Current Officers, Directors, Trustees, and Key Employees$24,900$58,100$0$83,000
Occupancy$42,723$34,956$0$77,679
Fees for Services Accounting$0$57,008$0$57,008
Fees for Services Other$47,858$7,004$0$54,862
Payroll Taxes$28,526$10,611$0$39,137
Insurance$10,475$15,691$0$26,166
Office Expenses$13,442$3,361$0$16,803
Travel$12,844$2,267$0$15,111
Grants to Domestic Individuals$13,307--$13,307
Fees for Services Professional Fundraising--$7,500$7,500
Other Employee Benefits$5,231$1,946$0$7,177
Depreciation Depletion$3,900$0$0$3,900
Interest$0$1,429$0$1,429
All Other Expenses$1,091$0$0$1,091
Advertising$0$400$0$400
Conferences and Meetings$0$85$0$85
Total Functional Expenses$446,398$244,709$7,500$698,607
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$7,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$3,277-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Deseria Galloway, Kentral Galloway and Henry Galloway have a family relationship.

Form 990, Part VI, Section A, Line 8A

Meeting minutes were not documented.

Form 990, Part VI, Section A, Line 8B

Meeting minutes were not documented.

Form 990, Part VI, Section B, Line 11B

The Form 990 is not reviewed by the board of directors.

Form 990, Part VI, Section C, Line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Wellspring Second Chance Center
EIN
26-3277422
Phone
6122962895
Address
2134 44th Ave N, Minneapolis, MN 55412

Signing Officer

Name
Deseria Galloway
Title
CEO
Phone
6122962895
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deseria Galloway
Formed
2010
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
7
Volunteers
7

Preparer

Firm
BWK Rogers PC
Address
431 South 7th Street Suite 2424, Minneapolis, MN 55415
Preparer
Melissa J Baraibar
Phone
6123325446
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program Speakers: $5,239; Drivers/Delivery: $2,243; Program Consultants: $40,376; Human Resources: $3,000; IT Consultant: $1,037; Marketing: $850; Snow Removal: $2,045; Other: $72.

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IRS990/OfficeExpensesGrp/ProgramServicesAmt013442
IRS990/OfficeExpensesGrp/TotalAmt016803
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01946
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05231
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07177
IRS990/OtherLiabilitiesGrp/BOYAmt042835
IRS990/OtherRevenueMiscGrp/BusinessCd0561990
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04875
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04875
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt04875
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020801
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0187208
IRS990/OtherSalariesAndWagesGrp/TotalAmt0208009
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0-120
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010611
IRS990/PayrollTaxesGrp/ProgramServicesAmt028526
IRS990/PayrollTaxesGrp/TotalAmt039137
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03145
IRS990/PrincipalOfficerNm0Deseria Galloway
IRS990/PriorPeriodAdjustmentsAmt0-319
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/Desc0Service Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026122
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026122
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0317992
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0278134
IRS990/PYOtherRevenueAmt0561
IRS990/PYProgramServiceRevenueAmt0110831
IRS990/PYRevenuesLessExpensesAmt0-9613
IRS990/PYSalariesCompEmpBnftPaidAmt0160863
IRS990/PYTotalExpensesAmt0438997
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0429384
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3511
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt041497
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0653599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0317992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0173664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0128976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01337730
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0147453
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04875
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0561
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05436
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98617
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt01324593
IRS990ScheduleA/SubstantialContributorsTotAmt013137
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0653599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0317992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0173664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0128976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063499
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01337730
IRS990ScheduleA/TotalSupportAmt01343166
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt062467
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014787
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077254
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062467
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05307
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt18000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Stipends
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt14
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The grants are not monitored.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Deseria Galloway, Kentral Galloway and Henry Galloway have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meeting minutes were not documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meeting minutes were not documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is not reviewed by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Speakers: $5,239; Drivers/Delivery: $2,243; Program Consultants: $40,376; Human Resources: $3,000; IT Consultant: $1,037; Marketing: $850; Snow Removal: $2,045; Other: $72.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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