Wellspring Living

The information on this page was last updated 5/29/2023. If you see errors or omissions, please email: [email protected]


Summary

Founded in 2001, Wellspring Living is a non-profit organization in Atlanta, Georgia that provides domestic sex trafficking victims and those at risk with specialized recovery services through residential and community-based programs. The programs provide transformative care through therapeutic services, education, life skills, and personal and professional development. The focus for each participant is on developing their courage to move forward and their confidence to succeed. Through operating best practices and with highly qualified staff, Wellspring Living programs are statistically proven in providing restorative services that yield positive, life-changing results.

Residential Programs: Our residential programs provide women and youth with trauma-informed care in a safe environment where participants receive the education, training, therapy, and tools they need for life-long stability and success.

Community Programs: Our community programs provide women and youth with critical support services they need to positively change the trajectory of their lives and the lives of their families. Services include academic and professional training, life skills classes, mental health services and other dynamic programming.

Graduate Services: Opportunities are available for graduates of Wellspring Living programs to continue being mentored and receive transitional housing assistance. Graduate services also include access to therapy, career assistance, transportation support and life skills classes.


Contact information

Mailing address:
Wellspring Living
1040 Boulevard SE
Suite M
Atlanta, GA 30312

Website: wellspringliving.org

Phone: 404-948-4673

Email: [email protected]


Organization details

EIN: 582614182

CEO/President: Mary Frances Bowley

Chairman: Evia Golde

Board size: 19

Founder: Mary Frances Bowley

Ruling year: 2001

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2003


Purpose

Wellspring Living's vision is to live in a world where every victim of sexual exploitation has access to transformative care. Wellspring Living is a leader in the nation for residential care and through the Wellspring Living Institute is able to educate, train and mentor organizations around the world.


Mission statement

Transforming lives of those at risk or victimized by sexual exploitation.


Statement of faith

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating437 of 110241 of 140
Fund acquisition rating160 of 11039 of 140
Resource allocation rating937 of 1103113 of 140
Asset utilization rating375 of 110240 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%3%0%3%12%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%2%0%2%10%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%83%84%86%80%75%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%4%0%3%11%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%17%16%14%20%25%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%69%69%84%78%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%64%83%85%90%84%
Program output ratio Program output ratio =
Program services /
Total revenue
70%44%57%71%70%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%36%17%15%10%16%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%48%35%40%22%49%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%28%31%14%11%7%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.831.592.181.552.12
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.671.171.321.553.303.60
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.670.972.093.385.127.64
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.7331.0914.3913.441.771.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.070.070.560.68
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4612.005.333.281.020.50
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%5%5%17%19%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%114%60%44%53%38%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$4,130,545$2,712,378$900,879$46,287$226,423
Receivables, inventories, prepaids$4,513,029$1,319,875$1,351,764$480,181$264,921
Short-term investments$171,828$96,096$42,024$23,985$0
Other current assets$0$0$0$0$0
Total current assets$8,815,402$4,128,349$2,294,667$550,453$491,344
Long-term investments$0$0$0$0$0
Fixed assets$1,217,465$1,289,201$1,235,770$1,245,220$1,265,545
Other long-term assets$304,524$16,000$35,555$18,606$12,376
Total long-term assets$1,521,989$1,305,201$1,271,325$1,263,826$1,277,921
Total assets$10,337,391$5,433,550$3,565,992$1,814,279$1,769,265
 
Liabilities20222021202020192018
Payables and accrued expenses$283,577$286,870$170,797$192,205$170,467
Other current liabilities$0$0$0$118,000$163,000
Total current liabilities$283,577$286,870$170,797$310,205$333,467
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$308,865$0$0$165$2,512
Total long-term liabilities$308,865$0$0$165$2,512
Total liabilities$592,442$286,870$170,797$310,370$335,979
 
Net assets20222021202020192018
Without donor restrictions$5,045,475$4,146,680$3,395,195$1,503,909$1,433,286
With donor restrictions$4,699,474$1,000,000$0$0$0
Net assets$9,744,949$5,146,680$3,395,195$1,503,909$1,433,286
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$11,039,562$8,725,890$7,818,291$2,519,358$3,332,085
Program service revenue$1,461,487$1,150,829$1,163,674$399,746$1,479,097
Membership dues$0$0$0$0$0
Investment income$5,972$22,488($70,667)($38)($10,390)
Other revenue$724,827$546,409$195,845$225,838($349,633)
Total other revenue$2,192,286$1,719,726$1,288,852$625,546$1,119,074
Total revenue$13,231,848$10,445,616$9,107,143$3,144,904$4,451,159
 
Expenses20222021202020192018
Program services$5,849,627$5,981,217$6,503,026$2,192,182$3,310,798
Management and general$2,381,750$2,662,221$1,059,004$319,091$248,848
Fundraising$298,698$0$198,213$307,626$194,797
Total expenses$8,530,075$8,643,438$7,760,243$2,818,899$3,754,443
 
Change in net assets20222021202020192018
Surplus (deficit)$4,701,773$1,802,178$1,346,900$326,005$696,716
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,701,773$1,802,178$1,346,900$326,005$696,716

Compensation

NameTitleCompensation
Amber StewartCHIEF CULTURE & STRATEGY OFcr$108,633
Mary Frances BowleyExecutive Director$100,413
Christian MurphyDEPUTY DIRECTOR$63,633
Anita LancasterCHIEF FINANCIAL OFFICER$40,744

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/29/2023. To update the information below, please email: [email protected]


History


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