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 ProfileN/A
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

57th 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

77th percentile

$0

Higher top officer pay than 77% 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 / Revenue57th 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

The organization provides educational seminars

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 Pay77th 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/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
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IRS990EZ/ContributionsGiftsGrantsEtcAmt022089
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012657
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt050450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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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
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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/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