Wellspring Interfaith Social Services
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Wellspring Interfaith Social Services meets the 20 Standards for Charity Accountability.
Stated Purpose:
People of faith serving the social, physical,
and educational needs of the community in Allen County.
Year, State Incorporated:
1974, IN
Wellspring serves the entire Allen County. This
organization focuses on variety of programs focusing on food and clothing
insecurity, and the educational, social, physical and recreational needs of
at-risk individuals. In the last year, Wellspring directly impacted the lives
of over 20,000 individuals throughout Allen County – the most ever in this
organization’s history.
Wellspring is currently offering following programs at no
cost to clients:
Food Pantry
Wellspring on Wheels
After School Youth Program
Summer Youth Program
Older Adult Social Program
Clothing
Community Resources
For the year ended December 31, 2023, Wellspring Interfaith Social Services's program expenses were:
| Food Bank | $244,966 |
| Youth After School | $164,706 |
| Youth Summer | $153,836 |
| Older Adult | $128,314 |
| Wellspring Shoppe | $93,283 |
| Case Management | $8,946 |
| Total Program Expenses | $794,051 |
Chief Executive
Ermina Mustedanagic, CEO
Chair of the Board
Ethan Brown, Financial Planner
Chair's Profession / Business Affiliation
SYM Financial Advisors
Board Size
18
Paid Staff Size
19
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Radio, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Wellspring Interfaith Social Services's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Contributions - other | $968,987 |
| Government grants | $180,100 |
| United Way | $50,000 |
| Program service fees | $31,864 |
| Interest Income | $1,134 |
| Total Income | $1,232,085 |
Programs: 83% Fundraising: 6% Administrative: 10%
| Total Income | $1,232,085 |
| Total expenses: | $954,804 |
| Program expenses | $794,051 |
| Fundraising expenses | $62,013 |
| Administrative expenses | $98,740 |
| Other expenses | $0 |
| Income in Excess of Expenses | $277,281 |
| Beginning Net Assets | $772,785 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,050,066 |
| Total Liabilities | $114,769 |
| Total Assets | $1,164,835 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northern Indiana