X โ€” Religion-RelatedEIN: 920168999ยท Ruling Year: 2001

Wellspring Ministries Of Alaska Inc

Anchorage, Alaska

BHealth Score
60B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$1.0M
Total Revenue
๐Ÿ“Š
$1.0M
Total Expenses
๐Ÿฆ
$3.3M
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.21
Net assets divided by total expenses
Liabilities-to-Assets
38.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,038,236โ†“35%$1,034,463โ†‘26%$5,422,206โ†“4%
2022$1,605,866โ†‘47%$817,980โ†‘33%$5,636,149โ†‘15%
2021$1,089,458โ†‘33%$616,010โ†“14%$4,914,508โ†‘7%
2020$817,445โ†“1%$719,471โ†“10%$4,591,560โ†‘3%
2019$827,895โ†“7%$796,421โ†‘9%$4,476,546
2018$891,492โ†‘42%$731,665โ†“7%$4,492,527โ†“1%
2017$626,058โ†“7%$788,956โ†“9%$4,559,029โ†“2%
2016$670,196โ†“45%$863,444โ†“19%$4,631,607โ†“3%
2015$1,219,091โ†‘21%$1,070,361โ†‘9%$4,753,907โ†“1%
2014$1,006,234โ†“11%$983,347โ†“16%$4,790,901โ†“3%
2013$1,128,373โ†“4%$1,171,756โ†‘4%$4,956,990โ†“3%
2012$1,179,121โ†“19%$1,129,871โ†‘2%$5,113,715
2011$1,460,533$1,107,209$5,108,534

Frequently Asked Questions

What does Wellspring Ministries Of Alaska Inc do?โ–ผ

Wellspring Ministries Of Alaska Inc is a religion-related nonprofit organization based in Alaska. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wellspring Ministries Of Alaska Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Wellspring Ministries Of Alaska Inc.

How much revenue does Wellspring Ministries Of Alaska Inc generate?โ–ผ

Wellspring Ministries Of Alaska Inc reports $589K in annual revenue and holds $5.3M in total assets, based on IRS filings.

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Wellspring Ministries Of Alaska Inc โ€” Anchorage, AK | GiveScope