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
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 430 of 1123 | 51 of 138 |
| Fund acquisition rating | | 183 of 1124 | 12 of 138 |
| Resource allocation rating | | 906 of 1124 | 114 of 138 |
| Asset utilization rating | | 373 of 1123 | 45 of 138 |
According to the organization's Form 990, it received $3,641,257 in government grants in 2022.
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 | 92% | 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 | 8% | 17% | 16% | 14% | 20% | 25% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 69% | 69% | 84% | 78% | 88% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 64% | 83% | 85% | 90% | 84% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 44% | 57% | 71% | 70% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 36% | 17% | 15% | 10% | 16% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.83 | 1.59 | 2.18 | 1.55 | 2.12 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 1.17 | 1.32 | 1.55 | 3.30 | 3.60 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 0.97 | 2.09 | 3.38 | 5.12 | 7.64 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 31.09 | 14.39 | 13.44 | 1.77 | 1.47 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.07 | 0.07 | 0.56 | 0.68 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 12.00 | 5.33 | 3.28 | 1.02 | 0.50 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 6% | 5% | 5% | 17% | 19% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 114% | 60% | 44% | 53% | 38% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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
| Name | Title | Compensation |
| Amber Stewart | CHIEF CULTURE & STRATEGY OFcr | $108,633 |
| Mary Frances Bowley | Executive Director | $100,413 |
| Christian Murphy | DEPUTY DIRECTOR | $63,633 |
| Anita Lancaster | CHIEF 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]