Wellspring Counseling Inc
Palmetto Bay, Florida
B-Health Score
52B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.5M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$412K
Net Assets
📋
$225K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-0.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
35.3%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,490,888 | $1,561,227↑8% | $636,707↑21% | — |
| 2022 | $1,492,232↓3% | $1,442,932↓3% | $526,571↓6% | — |
| 2021 | $1,542,953↑20% | $1,482,090↑30% | $560,214↑26% | — |
| 2020 | $1,291,044↑21% | $1,141,843↑14% | $446,335↑53% | — |
| 2019 | $1,066,664↑6% | $998,780↑10% | $291,089↑31% | — |
| 2018 | $1,006,076↑41% | $905,416↑19% | $221,893↑94% | — |
| 2017 | $715,178↑4% | $761,028↑9% | $114,163↓21% | — |
| 2016 | $687,768↑9% | $697,604↑30% | $144,523↓7% | — |
| 2015 | $628,325↑58% | $538,487↑32% | $155,060↑188% | — |
| 2014 | $398,657↑32% | $407,795↑40% | $53,830↓16% | — |
| 2013 | $302,445↑18% | $290,294↑14% | $64,308↑21% | — |
| 2012 | $256,409↑42% | $254,215↑45% | $53,344↑12% | — |
| 2011 | $180,517↑10% | $175,502↑36% | $47,468↑13% | — |
| 2010 | $163,410 | $129,138 | $41,935 | — |
Frequently Asked Questions
What does Wellspring Counseling Inc do?▼
Wellspring Counseling Inc is a mental health & crisis intervention nonprofit organization based in Florida. It is classified under NTEE code F60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wellspring Counseling Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Wellspring Counseling Inc.
How much revenue does Wellspring Counseling Inc generate?▼
Wellspring Counseling Inc reports $1.6M in annual revenue and holds $534K in total assets, based on IRS filings.
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