Civic Intelligence

Wellspring Thoroughbreds

990EZ • Fiscal year 2023 • EIN 84-2115192

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
PO Box 730Fairfax, CA 94978

(818) 997-8622

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

93rd percentile

61%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

99th percentile

3157%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

13th percentile

-44%

Faster revenue growth than 13% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$7,101

Up $6,883 (+3157%) from 2022

Net Assets

Up

$7,101

Up $6,883 (+3157%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin93rd percentile

Revenue

Down

$11,287

Down $9,031 (-44%) from 2022

Expenses

Down

$4,404

Down $15,696 (-78%) from 2022

Net Income

Up

$6,883

Up $6,665 (+3057%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2022: $218Net Assets 2022: $2182022Assets 2023: $7,101Net Assets 2023: $7,1012023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2023

Assets$7,101
Liabilities-
Net Assets$7,101
Open 2023 Filing

Operations Trend

Revenue Growth13th percentile

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

$30K$20K$10K$0-$10KRevenue 2022: $20,318Expenses 2022: $20,100Net Income 2022: $2182022Revenue 2023: $11,287Expenses 2023: $4,404Net Income 2023: $6,8832023Revenue 2024: $0Expenses 2024: $7,101Net Income 2024: -$7,1012024

Highlighted filing

2023

Revenue$11,287
Expenses$4,404
Net Income$6,883
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$11,287
Mission and Program Overview

Mission

Our aim is to restore the reputation of this unique breed across America as Sport Horses by showcasing the elite of the breed to new & existing generations of equestrians.We achieve this by seeking out, acquiring, rehabbing and retraining the best of the breed. These are typically Off The Track Thoroughbreds (OTTBs) that possess the qualities required for success at the higher levels of Show Jumping, Eventing, Equitation and Hunters.

Program Services

DescriptionGrantsExpenses
Our aim is to restore the reputation of this unique breed across America as Sport Horses by showcasing the elite of the breed to new & existing generations of equestrians.We achieve this by seeking out, acquiring, rehabbing and retraining the best of the breed. These are typically Off The Track Thoroughbreds (OTTBs) that possess the qualities required for success at the higher levels of Show Jumping, Eventing, Equitation and Hunters.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BERNIE TRAURIGPresident-$0--
CAITLIN TRAURIGVice President-$0--
MICHAEL BERNSTEINTreasurer-$0--
ALEX ALVARADODirector-$0--
DENNY EMERSONDirector-$0--
MICHAEL ENDICOTTDirector-$0--
TIFFANY TEETERDirector-$0--
CACI MASSARODirector-$0--
BRONTE SEWELLDirector-$0--
JANE DACOSTADirector-$0--
Filing and Contact Details

Filer

Filer Name
Wellspring Thoroughbreds
EIN
84-2115192
Address
PO BOX 730, FAIRFAX, CA 94978

Signing Officer

Name
Bernie Traurig
Title
Executive Director
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Bernstein Financial Svcs Inc
Address
7120 Hayvenhurst Ave Ste 316, Van Nuys, CA 91406
Preparer
Michael E Bernstein
Phone
8189978622
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2016”

Other Expenses.1002

“Office Expenses $184”

Other Expenses.1

“RENTAL $1227”

Other Expenses.2

“UNIFORMS $425”

Other Expenses.3

“MISCELLANEOUS $250”

Other Expenses.4

“BANK FEES $140”

Other Expenses.5

“POSTAGE $37”

Raw XML Appendix164 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALEX ALVARADO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DENNY EMERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL ENDICOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TIFFANY TEETER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BRONTE SEWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JANE DACOSTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04279
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Our aim is to restore the reputation of this unique breed across America as Sport Horses by showcasing the elite of the breed to new & existing generations of equestrians.We achieve this by seeking out, acquiring, rehabbing and retraining the best of the breed. These are typically Off The Track Thoroughbreds (OTTBs) that possess the qualities required for success at the higher levels of Show Jumping, Eventing, Equitation and Hunters.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our aim is to restore the reputation of this unique breed across America as Sport Horses by showcasing the elite of the breed to new & existing generations of equestrians.We achieve this by seeking out, acquiring, rehabbing and retraining the best of the breed. These are typically Off The Track Thoroughbreds (OTTBs) that possess the qualities required for success at the higher levels of Show Jumping, Eventing, Equitation and Hunters.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011270
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt031588
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt031588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2016
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RENTAL $1227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNIFORMS $425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISCELLANEOUS $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES $140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE $37
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BERNIE TRAURIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLSPRING THOROUGHBREDS
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0842115192
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 730
ReturnHeader/Filer/USAddress/CityNm0FAIRFAX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094978
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954144223
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bernstein Financial Svcs Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07120 Hayvenhurst Ave Ste 316
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Van Nuys
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091406
ReturnHeader/PreparerPersonGrp/PhoneNum08189978622
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL E BERNSTEIN
ReturnHeader/ReturnTs02024-11-13T11:46:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,101
Liabilities
-
Net assets
$7,101
Revenue
$11,287
Expenses
$4,404
Net income
$6,883
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$7.10$7.10
2023Detailed filing. Detailed filing data is available for this year.$7.10$7.10$11.3$4.40$6.88
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.22$20.3$20.1$0.22