Civic Intelligence

Wellspring Endowment Inc.

990EZ • Fiscal year 2019 • EIN 46-0849564

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization Profile
12707 Orchard Summit DrSugar Land, TX 77498

(832) 653-9759

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

-0.5%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $82,491 (-100%) from 2018

Net Assets

Up

$105,148

Up $22,657 (+27%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin72nd percentile

Revenue

Down

$76,820

Down $420 (-0.5%) from 2018

Expenses

Up

$64,163

Up $5,663 (+9.7%) from 2018

Net Income

Down

$12,657

Down $6,083 (-32%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$150K$100K$50K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $0Net Assets 2014: $39,3682014Assets 2015: $21,243Liabilities 2015: $0Net Assets 2015: $21,2432015Assets 2016: $32,746Liabilities 2016: $0Net Assets 2016: $32,7462016Assets 2017: $63,751Liabilities 2017: $0Net Assets 2017: $63,7512017Assets 2018: $82,491Liabilities 2018: $0Net Assets 2018: $82,4912018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $105,1482019Assets 2020: $72,637Liabilities 2020: $1,000Net Assets 2020: $18,2252020Assets 2021: $101,186Liabilities 2021: $1,000Net Assets 2021: $100,1862021Assets 2022: $90,887Liabilities 2022: $1,000Net Assets 2022: $89,8882022Assets 2023: $118,737Liabilities 2023: $1,000Net Assets 2023: $117,7372023Assets 2024: $137,638Liabilities 2024: $1,000Net Assets 2024: $136,6382024

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$105,148
Open 2019 Filing

Operations Trend

Revenue Growth47th percentile

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

$300K$200K$100K$0-$100KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $53,830Expenses 2014: $14,462Net Income 2014: $39,3682014Revenue 2015: $29,612Expenses 2015: $47,725Net Income 2015: -$18,1132015Revenue 2016: $32,002Expenses 2016: $20,499Net Income 2016: $11,5032016Revenue 2017: $81,834Expenses 2017: $50,829Net Income 2017: $31,0052017Revenue 2018: $77,240Expenses 2018: $58,500Net Income 2018: $18,7402018Revenue 2019: $76,820Expenses 2019: $64,163Net Income 2019: $12,6572019Revenue 2020: $85,104Expenses 2020: $66,879Net Income 2020: $18,2252020Revenue 2021: $140,920Expenses 2021: $112,371Net Income 2021: $28,5492021Revenue 2022: $151,032Expenses 2022: $161,330Net Income 2022: -$10,2982022Revenue 2023: $193,617Expenses 2023: $165,767Net Income 2023: $27,8502023Revenue 2024: $288,064Expenses 2024: $269,163Net Income 2024: $18,9012024

Highlighted filing

2019

Revenue$76,820
Expenses$64,163
Net Income$12,657
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$76,820
Mission and Program Overview

Mission

EDUCATION

Education and Community Outreach

Program Services

DescriptionGrantsExpenses
Education and Outreach Proctored 50 education events with an average attendance of 25 people--
The organization held 8 national educational seminars on finance and with approximately 200 people in attendance per session--
Wellspring delivered over 30 sermons locally and nationally approximately 300900 people in attendance per session--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE BRADFORDChairmandirectorFT$0--
MOHAMMED ANWARTrusteesecretaryPT$0--
HANI SHAABITrusteetreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Wellspring Endowment
EIN
46-0849564
In Care Of
% JOE BRADFORD
Address
12707 ORCHARD SUMMIT DR, Sugar Land, TX 77498

Signing Officer

Name
Joe Bradford
Title
President
Phone
8326539759
Signed
2020-11-12
Discuss with paid preparer
No

Preparer

Firm
Rashaad & Associates
Address
2925 RICHMOND AVE STE 1200, HOUSTON, TX 77098-3143
Preparer
Khalis Rashaad CPA
Phone
8326539759
Supplemental Narrative

Additional Explanations

Part I Line 16

“Advertising and promotion $2298.00”

Part I Line 16

“Other office expenses $2610.00”

Part I Line 16

“Travel $2101.00”

Part I Line 16

“Payments of travel or entertainment expenses for public official $25.00”

Part I Line 16

“Conferences, conventions, and meetings $313.00”

Part I Line 16

“Interest $4.00”

Part I Line 16

“Other Buisness Expense $5866.00”

Part I Line 16

“Telephone Expense $276.00”

Part I Line 16

“Website Expense $121.00”

Part I Line 16

“Computer Expense $99.00”

Raw XML Appendix158 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RASHAAD & ASSOCIATES
IRS990EZ/BooksInCareOfDetail/PhoneNum08326539759
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02925 RICHMOND Ste 1200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077098
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt092491
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022089
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012657
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt050450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt092491
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt076820
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt092491
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0105148
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt092491
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOE BRADFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MOHAMMED ANWAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HANI SHAABI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ChairmanDirector
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TrusteeSecretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TrusteeTreasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt013713
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Education and Community Outreach
IRS990EZ/ProgramServiceRevenueAmt054731
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Education and Outreach Proctored 50 education events with an average attendance of 25 people
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The organization held 8 national educational seminars on finance and with approximately 200 people in attendance per session
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Wellspring delivered over 30 sermons locally and nationally approximately 300900 people in attendance per session
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt064163
IRS990EZ/TotalRevenueAmt076820
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt029612
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt053830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0251098
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0251098
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063334
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt027502
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt029612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053830
IRS990ScheduleA/Total509Grp/TotalAmt0251098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt063334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt027502
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt029612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053830
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0251098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $2298.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $2610.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $2101.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payments of travel or entertainment expenses for public official $25.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, conventions, and meetings $313.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Interest $4.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other Buisness Expense $5866.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Telephone Expense $276.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Website Expense $121.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Computer Expense $99.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I Line 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE BRADFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08326539759
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLSPRING ENDOWMENT
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0460849564
ReturnHeader/Filer/InCareOfNm0% JOE BRADFORD
ReturnHeader/Filer/USAddress/AddressLine1Txt012707 ORCHARD SUMMIT DR
ReturnHeader/Filer/USAddress/CityNm0Sugar Land
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077498
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId079033220203171244985
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-12
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt04.59.124.134
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0275470236
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RASHAAD & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02925 RICHMOND AVE STE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770983143
ReturnHeader/PreparerPersonGrp/PhoneNum08326539759
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KHALIS RASHAAD CPA
ReturnHeader/ReturnTs02020-11-12T12:02:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$105,148
Revenue
$76,820
Expenses
$64,163
Net income
$12,657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.01$1.37$2.88$2.69$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$1.94$1.66$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.01$0.90$1.51$1.61$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$1.41$1.12$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.18$0.85$0.67$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.05$0.77$0.64$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.77$0.59$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.82$0.51$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.32$0.20$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.30$0.48$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.39$0.54$0.14$0.39
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00