Wellspring Foundation

Nonprofit profile at a glance

EIN
834129530
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Alburtis, PA, USA
Phone
9176861418
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations
Affiliation
Islam

Reported finances

Revenue
$138,275
Expenses
$130,059
Assets
$61,387

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • NADIA AFZAL (President)

People named in this filing

  • NADIA AFZAL (President)
  • SUMAYA AL-HAJEBI (Director)
  • HUMA USMANI (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Seeks to institutionalize and operationalize the timeless Muslim practices of Zakat, Sadaqah and Waqf/Awqaf, with an emphasis on long-term social and financial empowerment focusing on three key stages and components of local, community-based social work to achieve its mission of empowering local communities through the Prophetic principle of giving.

What it reported doing in 2024

Donations provided to persons in need to provide assistance with acute livelihood needs (e.g. rent, food, utilities, transportation in disrepair, etc.)

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.5%; rating input score 79
  • Program expense ratio: 83.5%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.9%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 21.4% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 18% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 23.2% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 78.5% of revenue deployed · 83.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $109K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.