Wellspring Family Services

“The form 990 is prepared by the outside cpa firm. Board members are provided copies of the form 990 prior to filing with the irs. In addition, the form 990 is reviewed and approved by the finance committee.”

“Officers, directors, and key employees are required to review the conflict of interest policy and disclose any potential conflict of interest annually. The policy is monitored and enforced as a part of the fiscal audit process. The audit committee addresses any findings if there are any. If a conflict arises, the board member recuses themself from voting and discussions on the relevant matter with the audit committee.”

“Annually, if there is a salary increase, the board executive committee reviews and approves the salaries of the ceo and senior executives. The approval includes verification by the approving members that they are independent and unrelated to the executives. Compensation market data is used to make the decision. The last review was done in august 2019.”

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“The number of volunteers is tracked by the early learning center, baby boutique and fund development programs. 2% volunteer in the early learning center, assisting teachers and therapists in the classroom. 90% volunteer in the baby boutique, assisting clients and organizing donations for families to get free baby supplies, clothes and toys. 2% help with communications outreach and fundraising events. 3% serve as volunteer directors on the agency board of directors. 3% serve as volunteer members on the agency associate board.”

“Wellspring discontinued two operations during the year ended december 31, 2019: the domestic violence intervention program and the parent child services.”

“Contract therapists: program service expenses 2,693,382. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,693,382. Contract trainers: program service expenses 57,821. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,821. Eap vendors (sound options): program service expenses 212,567. Management and general expenses 0. Fundraising expenses 0. Total expenses 212,567. Contract services: program service expenses 903,459. Management and general expenses 25,434. Fundraising expenses 7,550. Total expenses 936,443. Consultants: program service expenses 11,390. Management and general expenses 2,895. Fundraising expenses 0. Total expenses 14,285. Eap legal/financial providers: program service expenses 100,032. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,032. Other: program service expenses 16,635. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,635.”

“Beginning in 2019, aside from the finance committee the agency implemented an audit committee to oversee the annual audit.”