Wellsprings Friends School

What it reported doing in 2024

1. Provided an alternative, personalized and strength-based education to an eclectic community of 71 students, the majority referred to us from 4 districts in Lane County. Matriculated 21 graduates. 28% of the students were IEP/504 special needs.2. With the help of Glen Creek Investments LLC, our school was able to complete a much-needed refinance, stabilizing our reserves and putting us on firmer financial ground. Our staff retention efforts received a major boost with a $40,000 grant from the James F. and Marion L. Miller Foundation, ensuring that the compassionate educators who make Wellsprings shine can continue their work without interruption. In addition, we were honored to receive a $1,500 grant from Women's Gift and another $5,000 grant from our partners at the Chambers Family Foundation, which will help us begin replacing our outdated Chromebooks.3. From Family Night in the fall to our all-school pumpkin patch field trip, students, staff, and families made memories together. The annual Trunk-or-Treat was a howling good time, complete with creative costumes and spooky fun. Our Community Dinner in Fall featured delicious home-cooked favorites like stuffing, sweet potatoes, and pies, thanks to our amazing staff, students, families, and Board. The debut of the wellSPRING Celebration in May was a creative showcase of what makes our school so special. From student artwork and performances to live music by the Whiteaker Hot Club, it was a memorable highlight!4. Thanks to support from the Cow Creek Band of Umpqua Tribe of Indians and generous donors, our dream of a permanent outdoor classroom came to life. The project is complete with new garden beds and native plants that fill the area with life and purpose. The outdoor classroom isn't just a structure in the wetlands - it's an instrumental part of our campus, reinforcing Wellsprings' values of experiential learning, community involvement, and honoring the natural environment.5. Out front, a new sign was installed that more accurately explains what Wellsprings does and what we stand for.6. We continued our collaboration with HOOTS to provide on-site counseling and medical advice to our students on a walk-in basis once a week.7. Provided local non-profit, Huerto De La Familia, two garden plots on our property for use by local Latino families. Continued to provide use of our building outside of school hours to several non-profits and other volunteer community organizations.

Financial Efficiency

• Mission deployment rate: 74.2%; rating input score 74
• Program expense ratio: 81.3%; rating input score 81
• Fundraising efficiency: $4.36 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 8.6%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 0.79; rating input score 35; 35th percentile among comparable filings
• Liabilities to assets ratio: 0.51; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings

Growth

• Program expense growth: 4.5% per year; rating input score 100; 39th percentile among comparable filings
• Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
• Asset growth: -2.1% per year; rating input score 0; 12th percentile among comparable filings