Wellspring Adoption Agency Inc

Religion-related organization based in Golden Valley, MN. 8 employees. Exempt under §501(c)(3).

MissionWELLSPRING ADOPTION AGENCY, INC., DBA ADOPTION MINNESOTA, PROVIDES ADOPTION AND SUPPORT SERVICES FOR BOTH BIRTHPARENT AND ADOPTIVE PARENTS.

EIN
41-1712804
State
MN
Sector
Religion-related
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$767K
Total revenue
$761K
Total expenses
$1.1M
Net assets

Financial health · TY 2023

47
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
99
17.8 months of expenses
Program efficiency
17
56.8% spent on programs
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Lynn Ricchio
EXECUTIVE DI
$117,887
79th percentile vs. peers

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Wellspring Adoption Agency Inc Executive Compensation | 990 Data | DoubleNine