Wellspring Of Greenbrier Inc

Wellspring Of Greenbrier Inc shows improving financial health and no reported officer compensation.

EIN: 201943739 · Rainelle, WV · Updated: 2026-03-28

$394KRevenue

$269KAssets

85/100Mission Score (Excellent)

Is Wellspring Of Greenbrier Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

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

Wellspring Of Greenbrier Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Wellspring Of Greenbrier Inc

Wellspring Of Greenbrier Inc (EIN: 201943739) is a nonprofit organization based in Rainelle, WV. The organization reported total revenue of $394K and total assets of $269K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellspring Of Greenbrier Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Wellspring Of Greenbrier Inc demonstrates consistent operational activity with revenues fluctuating over the past decade, peaking at $394,476 in its latest reported period. The organization has shown a positive trend in asset growth, moving from negative assets in 2017 and 2019 to $269,444 currently, indicating improved financial stability. Spending efficiency appears reasonable, with expenses generally tracking revenues closely. For instance, in 2023, expenses were $227,283 against revenues of $259,576, suggesting a healthy margin. The absence of reported officer compensation across all filings indicates a lean administrative structure, which is a positive sign for donor confidence and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

The organization's financial health has improved significantly, with a substantial increase in assets and a positive net income in recent years. The consistent growth in assets from $59,565 in 2021 to $269,444 currently reflects effective financial management and accumulation of resources. The lack of reported liabilities in many periods, and low liabilities when present (e.g., $1,365 in 2023), further strengthens its financial position. The organization's transparency is good in terms of filing its IRS 990s consistently, but the absence of detailed expense categorization in the provided data limits a deeper analysis of its program spending ratio. The zero officer compensation is a strong indicator of a volunteer-driven or very low-cost leadership model, which can be highly efficient.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wellspring Of Greenbrier Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Wellspring Of Greenbrier Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or extremely low executive salaries, which is highly efficient for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Wellspring Of Greenbrier Inc's IRS 990 filings:

NTEE Code Unknown (limits understanding of specific mission area)

Strengths

The following positive indicators were identified for Wellspring Of Greenbrier Inc:

Consistent 0% officer compensation
Significant asset growth in recent years (from $-11,214 in 2017 to $269,444 currently)
Positive net income in most recent periods (e.g., $32,293 in 2023)
Low liabilities across filing history
Consistent IRS 990 filing history

Frequently Asked Questions about Wellspring Of Greenbrier Inc

Is Wellspring Of Greenbrier Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wellspring Of Greenbrier Inc (EIN: 201943739) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

How does Wellspring Of Greenbrier Inc spend its money?

Wellspring Of Greenbrier Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Wellspring Of Greenbrier Inc tax-deductible?

Wellspring Of Greenbrier Inc is registered as a tax-exempt nonprofit (EIN: 201943739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Wellspring Of Greenbrier Inc a good charity?

Based on the available financial data, Wellspring Of Greenbrier Inc appears to be a good charity. It has demonstrated improving financial health, consistent asset growth, and a notable absence of officer compensation, suggesting efficient use of funds.

How has the organization's financial stability changed over time?

The organization's financial stability has significantly improved. It moved from negative assets in 2017 ($-11,214) and 2019 ($-4,743) to a strong positive asset base of $269,444 in the latest period, indicating robust financial recovery and growth.

What is the trend in Wellspring Of Greenbrier Inc's revenue?

Revenue has fluctuated but shows an overall upward trend, with the latest reported revenue of $394,476 being the highest in the provided history, indicating growing support or activity.

Filing History

IRS 990 filing history for Wellspring Of Greenbrier Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Wellspring Of Greenbrier Inc's revenue has grown by 272.9%, moving from $70K to $260K. Total assets increased by 987.1% over the same period, from $10K to $110K. Total functional expenses rose by 211.1%, from $73K to $227K. In its most recent filing year (2023), Wellspring Of Greenbrier Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1K in liabilities against $110K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $109K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$260K	$227K	$110K	$1K	—	—
2022	$284K	$271K	$88K	$6K	—	—
2021	$208K	$200K	$60K	$0	—	View 990
2020	$216K	$160K	$51K	$0	—	View 990
2019	$142K	$141K	$-4,743	$0	—	View 990
2018	$192K	$177K	$4K	$0	—	View 990
2017	$199K	$232K	$-11,214	$0	—	View 990
2016	$290K	$281K	$22K	$0	—	View 990
2015	$121K	$133K	$13K	$0	—	View 990
2014	$108K	$96K	$25K	$0	—	View 990
2013	$93K	$83K	$13K	$0	—	View 990
2012	$75K	$83K	$2K	$0	—	View 990
2011	$70K	$73K	$10K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $260K, expenses of $227K, and assets of $110K (revenue -8.7% year-over-year).
2022: Revenue of $284K, expenses of $271K, and assets of $88K (revenue +36.6% year-over-year).
2021: Revenue of $208K, expenses of $200K, and assets of $60K (revenue -3.7% year-over-year).
2020: Revenue of $216K, expenses of $160K, and assets of $51K (revenue +52.6% year-over-year).
2019: Revenue of $142K, expenses of $141K, and assets of $-4,743 (revenue -26.3% year-over-year).
2018: Revenue of $192K, expenses of $177K, and assets of $4K (revenue -3.2% year-over-year).
2017: Revenue of $199K, expenses of $232K, and assets of $-11,214 (revenue -31.4% year-over-year).
2016: Revenue of $290K, expenses of $281K, and assets of $22K (revenue +139.9% year-over-year).
2015: Revenue of $121K, expenses of $133K, and assets of $13K (revenue +11.5% year-over-year).
2014: Revenue of $108K, expenses of $96K, and assets of $25K (revenue +16.4% year-over-year).
2013: Revenue of $93K, expenses of $83K, and assets of $13K (revenue +24.4% year-over-year).
2012: Revenue of $75K, expenses of $83K, and assets of $2K (revenue +7.5% year-over-year).
2011: Revenue of $70K, expenses of $73K, and assets of $10K.

Data Sources and Methodology

This transparency report for Wellspring Of Greenbrier Inc 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.