Civic Intelligence

Wellspring Foundation Texas

990PF • Fiscal year 2021 • EIN 47-5248507

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 24, 2022

3628 Maplewood AvenueDallas, TX 75205

(214) 417-2408

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

3rd percentile

-169%

Higher net margin than 3% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$60,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 74.0% of source-year revenue.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

43rd percentile

4.5%

Faster asset growth than 43% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-28%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,749,210

Up $75,707 (+4.5%) from 2020

Net Assets

Up

$1,749,210

Up $75,707 (+4.5%) from 2020

Liabilities

Flat

$1

Flat from 2020

Revenue

Down

$81,119

Down $30,795 (-28%) from 2020

Expenses

Down

$218,537

Down $61,164 (-22%) from 2020

Net Income

Up

-$137,418

Up $30,369 (+18%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $2,075,553Liabilities 2017: $0Net Assets 2017: $2,075,5532017Assets 2018: $2,021,157Liabilities 2018: $0Net Assets 2018: $2,021,1572018Assets 2019: $1,914,357Liabilities 2019: $02019Assets 2020: $1,673,503Liabilities 2020: $1Net Assets 2020: $1,673,5032020Assets 2021: $1,749,210Liabilities 2021: $1Net Assets 2021: $1,749,2102021Assets 2022: $1,310,024Liabilities 2022: $1Net Assets 2022: $1,310,0242022Assets 2023: $1,229,240Liabilities 2023: $1Net Assets 2023: $1,229,2402023Assets 2024: $1,344,002Liabilities 2024: $0Net Assets 2024: $1,344,0022024

Highlighted filing

2021

Assets$1,749,210
Liabilities$1
Net Assets$1,749,210

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2017: $97,214Expenses 2017: $213,210Net Income 2017: -$115,9962017Revenue 2018: $100,220Expenses 2018: $191,467Net Income 2018: -$91,2472018Revenue 2019: $89,777Expenses 2019: $200,054Net Income 2019: -$110,2772019Revenue 2020: $111,914Expenses 2020: $279,701Net Income 2020: -$167,7872020Revenue 2021: $81,119Expenses 2021: $218,537Net Income 2021: -$137,4182021Revenue 2022: $14,816Expenses 2022: $226,337Net Income 2022: -$211,5212022Revenue 2023: -$26,836Expenses 2023: $223,194Net Income 2023: -$250,0302023Revenue 2024: $97,919Expenses 2024: $218,032Net Income 2024: -$120,1132024

Highlighted filing

2021

Revenue$81,119
Expenses$218,537
Net Income-$137,418
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 24, 2022
Return Version
2020v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT S VICKPresident & TreasurerPT$60,000-$60,000
CHERISSA S HANSONVice President & SecretaryPT$48,000-$48,000
STEVEN L VICKDirectorPT$0--
SUSAN C VICKDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Wellspring Foundation Texas
EIN
47-5248507
Phone
2144172408
Address
3628 MAPLEWOOD AVENUE, DALLAS, TX 75205

Signing Officer

Name
Robert S Vick
Title
President
Phone
2144172408
Signed
2022-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Sikich Llp
Address
13400 BISHOPS LANE SUITE 300, BROOKFIELD, WI 53005
Preparer
Jill M Boyle CPA
Phone
2627549400
Raw XML Appendix380 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.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT & TREASURER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT & SECRETARY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3THE SEED COMPANY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt69555 N CENTRAL EXPRESSWAY
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TaxesSchedule/TaxesDetail/CategoryTxt0TAX PAYMENT
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT S VICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02144172408
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLSPRING FOUNDATION TEXAS
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0475248507
ReturnHeader/Filer/PhoneNum02144172408
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013400 BISHOPS LANE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053005
ReturnHeader/PreparerPersonGrp/PhoneNum02627549400
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M BOYLE CPA
ReturnHeader/ReturnTs02022-03-07T09:26:12-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VICK
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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