Civic Intelligence

Wellspring Endowment Inc.

990EZ • Fiscal year 2022 • EIN 46-0849564

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

Organization Profile
12707 Orchard Summit DrSugar Land, TX 77498

(713) 655-0040

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

30th percentile

-6.8%

Higher net margin than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

100th percentile

$90,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 59.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

7.2%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$90,887

Down $10,299 (-10%) from 2021

Net Assets

Down

$89,888

Down $10,298 (-10%) from 2021

Liabilities

Flat

$1,000

Flat from 2021

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin30th percentile

Revenue

Up

$151,032

Up $10,112 (+7.2%) from 2021

Expenses

Up

$161,330

Up $48,959 (+44%) from 2021

Net Income

Down

-$10,298

Down $38,847 (-136%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2022

Assets$90,887
Liabilities$1,000
Net Assets$89,888
Open 2022 Filing

Operations Trend

Revenue Growth48th 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

2022

Revenue$151,032
Expenses$161,330
Net Income-$10,298
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$151,032
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL SERVICES FOR THE MUSLIM COMMUNITY IN HOUSTON ZAKAT DISTRIBUTION FOR NEEDY INDIVIDUALS--
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE BRADFORDChairmandirector-$90,000-$90,000
MOHAMMED ANWARTrusteesecretary-$0--
HANI SHAABITrusteetreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Wellspring Endowment
EIN
46-0849564
In Care Of
% JOE BRADFORD
Phone
7136550040
Address
12707 ORCHARD SUMMIT DR, Sugar Land, TX 77498

Signing Officer

Name
Joe Bradford
Title
Chairmandirector
Phone
9043570480
Signed
2023-11-07
Discuss with paid preparer
No

Preparer

Firm
Rashaad & Associates PLLC
Address
5177 Richmond Ave, Ste 640, Houston, TX 77056
Preparer
Khalis Rashaad CPA
Phone
3464412972
Supplemental Narrative

Additional Explanations

Part I Line 16

“Advertising and promotion $6571.00”

Part I Line 16

“Other office expenses $2662.00”

Part I Line 16

“Bank Charges & Fees $284.00”

Part I Line 16

“Charitable Contributions $45766.00”

Part I Line 16

“Contractors $5160.00”

Part I Line 16

“Meals & Entertainment $113.00”

Part I Line 16

“Other Business Expenses $3677.00”

Part II Line 26

“Unsecured notes and loans payable. Beginning:$1000.00 Ending: $1000.00”

Raw XML Appendix156 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
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0148632
IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-10298
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt0151032
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0100186
IRS990EZ/NetAssetsOrFundBalancesEOYAmt089888
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0100186
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt089887
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.000
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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/OtherExpensesTotalAmt064233
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Education
IRS990EZ/ProgramServiceRevenueAmt02400
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL SERVICES FOR THE MUSLIM COMMUNITY IN HOUSTON ZAKAT DISTRIBUTION FOR NEEDY INDIVIDUALS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt090000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0161330
IRS990EZ/TotalRevenueAmt0151032
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0151032
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0140921
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt076820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0433307
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0433307
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0151032
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0140921
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt076820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063334
IRS990ScheduleA/Total509Grp/TotalAmt0433307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0151032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0140921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt063334
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0433307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $6571.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $2662.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges & Fees $284.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Charitable Contributions $45766.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors $5160.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Meals & Entertainment $113.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other Business Expenses $3677.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Unsecured notes and loans payable. Beginning:$1000.00 Ending: $1000.00
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 II Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE BRADFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMANDIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09043570480
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLSPRING ENDOWMENT
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0460849564
ReturnHeader/Filer/InCareOfNm0% JOE BRADFORD
ReturnHeader/Filer/PhoneNum07136550040
ReturnHeader/Filer/USAddress/AddressLine1Txt012707 ORCHARD SUMMIT DR
ReturnHeader/Filer/USAddress/CityNm0Sugar Land
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077498
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0275470236
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rashaad & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05177 Richmond Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Ste 640
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum03464412972
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KHALIS RASHAAD CPA
ReturnHeader/ReturnTs02023-11-07T02:53:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRADFORD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,887
Liabilities
$1,000
Net assets
$89,888
Revenue
$151,032
Expenses
$161,330
Net income
-$10,298
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