Wellspring Life Resources Inc in Plymouth, Minnesota (MN)
Table of contents:
| Wellspring Life Resources Inc | |
| Employer Identification Number (EIN) | 411955553 |
| Name of Organization | Wellspring Life Resources Inc |
| In Care of Name | Joel S Warne |
| Address | 18635 34th Ave N, Plymouth, MN 55447-1047 |
| Subsection | Charitable Organization |
| Ruling Date | 04/2000 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $6,702 |
| Amount of Income | $76,497 |
| Form 990 Revenue Amount | $75,709 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Religious Media, Communications Organizations |
Non-representatives - add comments:
Amount of income in 2013: $76,497 (it was $82,649 in 2012)
| This organization: | $76,497 |
| Other organizations performing similar types of work: | $70,696 |
Assets in 2013: $6,702 (it was $4,645 in 2012)
| Wellspring Life Resources Inc: | $6,702 |
| Other organizations performing similar types of work: | $23,289 |
Expenses in 2013: $73,773
| Wellspring Life Resources Inc: | $73,773 |
| Other organizations performing similar types of work: | $73,773 |
Income to expenses ratio in 2013: 1.0
| This organization: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 61.8%
| This organization: | 61.8% |
| Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $62,416 | $72,268 | $75,381 | $75,709 |
| Contributions, gifts, grants, and similar amounts received | $46,351 | $46,559 | $51,693 | $46,788 |
| Program service revenue including government fees and contracts | $28,575 | $25,371 | $16,934 | $27,223 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $-12,510 | $338 | $6,754 | $1,698 |
| Gross sales of inventory, less returns and allowances | $7,310 | $5,649 | $14,022 | $2,486 |
| Less: cost of goods sold | $19,820 | $5,311 | $7,268 | $788 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $73,021 | $72,826 | $81,650 | $73,773 |
| Total net assets | $2,360 | $1,802 | $-4,467 | $-2,531 |
| Excess/Deficit for the year | $-10,605 | $-558 | $-6,269 | $1,936 |
| Net assets or fund balances at beginning of year | $12,965 | $2,360 | $1,802 | $-4,467 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $1,802 | $-4,467 | $-2,531 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $13,191 | $7,868 | $4,645 | $6,702 |
| Total liabilities | $10,831 | $6,066 | $9,112 | $9,233 |
| Net assets or fund balances | $2,360 | $1,802 | $-4,467 | $-2,531 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $377,747 |
| Subtotal | $407,547 |
| Gifts, grants, contributions, and membership fees received | $254,305 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $153,242 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $29,800 |
| Amounts received from disqualified persons | $20,500 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $9,300 |
| Total support | $407,547 |
| Public support | $407,547 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Friends Of Australian Wildlife Conservancy Inc | 1 New Haven Ave Ste 102, Milford, CT 06460-3398 | CT | 2007-07 | $257,403 |
| 2 | Creation Moments Inc | 19365 65th St Ne, Foley, MN 56357-8919 | MN | 1987-10 | $294,192 |
| 3 | Pastors Study | 7010 Quail Cir W, Minneapolis, MN 55429-1210 | MN | 2011-06 | $138,357 |
| 4 | World Encounter | 542 Lovell Ave Apt 8, St Paul, MN 55113-4611 | MN | 1998-01 | $118,395 |
| 5 | Wellspring Life Resources Inc | 18635 34th Ave N, Plymouth, MN 55447-1047 | MN | 2000-04 | $76,497 |
| 6 | Tim Hansen Productions Inc | Po Box 388, Trimont, MN 56176 | MN | 1999-04 | $2,393 |
| 7 | Bigger Than Us | 8579 Yellowstone Ln N, Maple Grove, MN 55311-1337 | MN | 2004-06 | $0 |
| 8 | Cities Renaissnace | 708 North First St 221, Minneapolis, MN 55401 | MN | 1998-01 | $0 |
| 9 | Echo Zoe Ministries | 1560 Rhode Island Ave N, Golden Valley, MN 55427 | MN | 2012-05 | $0 |
| 10 | Fellowship Of Christian Cowboys Inc | Po Box 56, Leonard, MN 56652 | MN | 2010-03 | $0 |
| 11 | Icebox Radio Theater | Po Box 46, International Falls, MN 56649 | MN | 2007-05 | $0 |
| 12 | Inner Sanctum | 28530 97th St, Zimmerman, MN 55398-8502 | MN | 2005-07 | $0 |
| 13 | Jesus Video Project Mankato Inc | 1545 Nottingham Dr, North Mankato, MN 56003-2813 | MN | 2000-01 | $0 |
| 14 | Krishna Sankirtan Society | 545 N 1st Street Apt 115, Minneapolis, MN 55401 | MN | 2012-12 | $0 |
| 15 | L O V E Foundation Inc, Loving Others Via Entertainment | 231 E Superior St Apt 914, Duluth, MN 55802-2147 | MN | 2003-11 | $0 |
| 16 | Minnesota Emergency Communications Team | 1710 Douglas Dr Northsuite 192, Golden Valley, MN 55422 | MN | 2007-09 | $0 |
| 17 | Rivertown Christian Ministries International | 7400 Manning Ave, Stillwater, MN 55082 | MN | 2002-12 | $0 |
| 18 | Tcbs Inc | Po Box 123, Stillwater, MN 55082-0123 | MN | 2001-11 | $0 |
| 19 | Well Read Mom | PO BOX 502, Ironton, MN 56455-0502 | MN | 2015-02 | $0 |
| 20 | Who Is Your Creator | 14424 Woodhaven Road, Minnetonka, MN 55345 | MN | 2006-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,222 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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