Wellspring Foundation Of Southwest Virginia

EIN: 262870970 · Abingdon, VA · NTEE: E112

$71.1MRevenue
$158.5MAssets
0/100Mission Score (Very Poor)
E112
Wellspring Foundation Of Southwest Virginia Financial Summary
MetricValue
Total Revenue$71.1M
Total Expenses$6.0M
Net Assets$158.5M

Search Intent Cockpit

Wellspring Foundation Of Southwest Virginia Form 990, Revenue, CEO Pay, and IRS Filing Signals

Wellspring Foundation Of Southwest Virginia is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Wellspring Foundation Of Southwest Virginia in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $27.1M and expenses of $6.0M.

Revenue and Expenses

Wellspring Foundation Of Southwest Virginia reported $27.1M in revenue and $6.0M in expenses, a surplus of $21.2M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

Mission score and red-flag review are shown when AI enrichment is available.

Is Wellspring Foundation Of Southwest Virginia Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
PendingProgram Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.

Across stored filings, Wellspring Foundation Of Southwest Virginia shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Wellspring Foundation Of Southwest Virginia Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyInsufficient DataGood filing record; no red flags identified
Mission spendPendingUnknown
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Health context

Trust Check

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About Wellspring Foundation Of Southwest Virginia

Wellspring Foundation Of Southwest Virginia (EIN: 262870970) is a nonprofit organization based in Abingdon, VA, classified under NTEE code E112. The organization reported total revenue of $71.1M and total assets of $158.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellspring Foundation Of Southwest Virginia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MajorSize Classification
14Years of Filings
MixedRevenue Trajectory

Wellspring Foundation Of Southwest Virginia is a major nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2024).

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$27.1M
Total Expenses$6.0M
Surplus / Deficit+$21.2M
Total Assets$158.5M
Net Assets$158.5M
Operating Margin77.9%
Months of Reserves317.2 months

Financial Health Grade: A

In 2024, Wellspring Foundation Of Southwest Virginia reported a surplus of $21.2M with revenue exceeding expenses, holds 317.2 months of operating reserves (strong position).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2024+5.1%+286.6%+15.4%
2023-77.1%+234.5%+22.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Wellspring Foundation Of Southwest Virginia has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wellspring Foundation Of Southwest Virginia with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$27.1MTotal Revenue
$6.0MTotal Expenses
$158.5MTotal Assets
$158.5MNet Assets
  • The organization reported a surplus of $21.2M, with revenue exceeding expenses.

Frequently Asked Questions about Wellspring Foundation Of Southwest Virginia

Is Wellspring Foundation Of Southwest Virginia a legitimate charity?

Wellspring Foundation Of Southwest Virginia (EIN: 262870970) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $71.1M. No red flags identified. Financial health grade: A.

How does Wellspring Foundation Of Southwest Virginia spend its money?

Wellspring Foundation Of Southwest Virginia reported $71.1M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Wellspring Foundation Of Southwest Virginia tax-deductible?

Wellspring Foundation Of Southwest Virginia is registered as a tax-exempt nonprofit (EIN: 262870970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Wellspring Foundation Of Southwest Virginia located?

Wellspring Foundation Of Southwest Virginia is headquartered in Abingdon, Virginia and files with the IRS under EIN 262870970. It is classified under NTEE code E112.

How many years of IRS 990 filings does Wellspring Foundation Of Southwest Virginia have?

Wellspring Foundation Of Southwest Virginia has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71.1M in total revenue.

Filing History

IRS 990 filing history for Wellspring Foundation Of Southwest Virginia showing financial trends over 14 years of public records:

Total assets increased by 15848108600% over the same period, from $1 to $158.5M. In its most recent filing year (2024), Wellspring Foundation Of Southwest Virginia reported a surplus of $21.2M, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $27.1M $6.0M $158.5M $0 View 990
2023 $25.8M $1.6M $137.3M $1 View 990
2022 $112.9M $464K $112.4M $0 View 990
2021 $0 $0 $1 $0 View 990
2020 $0 $0 $1 $0 View 990
2019 $0 $0 $0 $0 View 990
2018 $0 $0 $1 $0 View 990
2017 $0 $0 $1 $0 View 990
2016 $0 $0 $1 $0 View 990
2015 $0 $0 $1 $0 View 990
2014 $0 $0 $1 $0 View 990
2013 $0 $0 $1 $0 View 990
2012 $0 $0 $0 $0 View 990
2011 $0 $0 $1 $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $27.1M, expenses of $6.0M, and assets of $158.5M (revenue +5.1% year-over-year).
  • 2023: Revenue of $25.8M, expenses of $1.6M, and assets of $137.3M (revenue -77.1% year-over-year).
  • 2022: Revenue of $112.9M, expenses of $464K, and assets of $112.4M.
  • 2021: Revenue of $0, expenses of $0, and assets of $1.
  • 2020: Revenue of $0, expenses of $0, and assets of $1.
  • 2019: Revenue of $0, expenses of $0, and assets of $0.
  • 2018: Revenue of $0, expenses of $0, and assets of $1.
  • 2017: Revenue of $0, expenses of $0, and assets of $1.
  • 2016: Revenue of $0, expenses of $0, and assets of $1.
  • 2015: Revenue of $0, expenses of $0, and assets of $1.
  • 2014: Revenue of $0, expenses of $0, and assets of $1.
  • 2013: Revenue of $0, expenses of $0, and assets of $1.
  • 2012: Revenue of $0, expenses of $0, and assets of $0.
  • 2011: Revenue of $0, expenses of $0, and assets of $1.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Wellspring Foundation Of Southwest Virginia:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Wellspring Foundation Of Southwest Virginia is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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