Nonprofit · EIN 27-0540298
WELLSPRING OF LIFE
Also known as WELLSPRING
Tax-exempt · BLACK MTN, NC 28711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $83,585 | $79,686 | $3,899 | $112,123 | $27,945 | $84,178 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $83,585
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,673
- Salaries, compensation and benefits (total)
- $8,018
- Professional fees and payments to contractors
- $11,471
- Occupancy
- $38,099
- Printing, publications and postage
- $2,200
- Other expenses
- $19,898
Balance sheet and other
- Total assets, start of year
- $108,224
- Total assets, end of year
- $112,123
- Total liabilities, end of year
- $27,945
- Net assets, end of year
- $84,178
- Cash, savings and investments
- $3,041
- Gross receipts
- $83,585
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Linton | Executive Director | 40 | $2,673 |
| Larry Wilson | Chairman | 2 | $0 |
| Jason Brock | Treasurer | 2 | $0 |
| Roger Smith | Member | 1 | $0 |
| John Kim | Member | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 82 WALKER COVE RD, BLACK MTN, NC 28711-8715
- Signed the 990-EZ
- James Linton, Executive Director
- Phone
- (828) 774-0990
Mission
To propagate the gospel of Jesus Christ through bringing the gift of clean fresh water to people in need in the Korean Peninsula and Pacific Rim
Program accomplishments
- 0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-0540298
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q300)
- Assets (IRS master file)
- $112,123
- Income (IRS master file)
- $83,585
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $83,585 | $79,686 | $112,123 | IRS |
| 990 | December 2022 | $155,926 | $131,119 | $108,224 | IRS |
| 990 | December 2021 | $150,173 | $151,305 | $100,382 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0540298).
Questions about WELLSPRING OF LIFE
- What is the EIN of WELLSPRING OF LIFE?
- The employer identification number (EIN) of WELLSPRING OF LIFE is 27-0540298.
- Is WELLSPRING OF LIFE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to WELLSPRING OF LIFE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WELLSPRING OF LIFE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WELLSPRING OF LIFE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WELLSPRING OF LIFE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of WELLSPRING OF LIFE?
- The 990-EZ for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $2,673 (James Linton, Executive Director).
- How much revenue does WELLSPRING OF LIFE have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $83,585, expenses of $79,686 and total assets of $112,123 at year end.
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All nonprofits in BLACK MTN · North Carolina · International, foreign affairs and national security