Wellspring Resources
Nonprofit profile at a glance
- EIN
- 370798015
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Nashville, TN, USA
- Phone
- 6189376483
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Mental Health Center
Reported finances
- Revenue
- $116,674
- Expenses
- $119,832
- Assets
- $0
- Liabilities
- $3,158
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BONNIE BRACKETT (PRESIDENT)
- TOM JOHNSON (VICE PRESIDENT)
People named in this filing
- BONNIE BRACKETT (PRESIDENT)
- TOM JOHNSON (VICE PRESIDENT)
- RONDA DUNN (SECRETARY)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are dedicated to delivering care that changes people's lives. The organization's purpose is to promote mental wellness through providing services to individuals in the area of psychiatry, mental health, substance abuse and residential services. Wellspring resources is associated with centerstone of Illinois, which has a 50 year history of serving children, youth, adults and families through mental health counseling, substance abuse treatment, life skills enrichment programs, and specialized services for adults with intellectual and developmental disabilities. Each year the corporation serves more than 14,000 individuals of all ages in south central and metro east st. Louis area.
What it reported doing in 2016
We are a family of organizations committed to advancing care and solutions. Operating with 5,000+ employees and hundreds of volunteers, centerstone provides life-changing and life-saving services to more than 172,000 individuals and families in more than 200 facilities and through a 700+ provider network nationwide. Centerstone is carf accredited in Illinois, Indiana and Tennessee and joint commission accredited in Florida and Kentucky. We accept most insurance and private pay for services, and are able to offer care through additional contracts and grants from federal, state and local government, as well as philanthropic donations from foundations, corporations and individuals.centerstone's growth first and foremost has benefited its clients and communities through the identification and support of more effective treatment practices, technology-enabled care tools, enhanced operational efficiencies, and vastly increased access to philanthropic and government support for individuals and families with limited resources.centerstone is quickly becoming one of the largest healthcare organizations of its kind in the nation. Centerstone of america's primary affiliated corporations include, centerstone of Tennessee, centerstone of Indiana, centerstone of Illinois, centerstone of Florida, centerstone of Kentucky, centerstone research institute, centerstone military services, and advantage behavior health. Centerstone foundation servers as the philanthropic arm for organization in support of the affiliated companies.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.7%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -11.7% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -45.3% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 31 filed related-organization links
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.