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Nonprofit · EIN 41-1712804

WELLSPRING ADOPTION AGENCY INC

Tax-exempt · GOLDEN VALLEY, MN 55426

Financials

$767K$761K2023$827K$797K2024
Revenue Expenses · by fiscal year end
Financials of WELLSPRING ADOPTION AGENCY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$827,162$796,822$30,340$1,156,100$0$1,156,100
December 31, 2023990$766,790$760,773$6,017$1,125,760$0$1,125,760
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,201
Program service revenue
$816,649
Investment income
$5,312
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$218,980
Other salaries and wages
$247,173
Salaries, compensation and benefits (total)
$530,562
Professional fundraising fees
$0
Legal fees
$80,025
Accounting fees
$24,737
Occupancy
$48,244
Program services (functional)
$468,962
Management and general (functional)
$327,860

Balance sheet and other

Total assets, start of year
$1,125,760
Total assets, end of year
$1,156,100
Total liabilities, end of year
$0
Net assets, end of year
$1,156,100
Net assets without donor restrictions
$1,156,100
Gross receipts
$827,162
Employees
9
Year formed
1989
State of legal domicile
MN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LYNN RICCHIOEXECUTIVE DI
Trustee or director, Officer
40$117,347$7,713
AMANDA WARNERASSOCIATE DI
Officer
40$88,124$5,796
REID BORDSONBOARD MEMBER
Trustee or director
–$0$0
MELISSA OLSENVICE PRESIDE
Trustee or director
–$0$0
CARNEN SWENSONPRESIDENT
Trustee or director
–$0$0
MAYA VUKELICHBOARD MEMBER
Trustee or director
–$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
LYNN RICCHIOEXECUTIVE DI
Trustee or director, Officer
40$110,048$7,839
AMANDA WARNERASSOCIATE DI
Officer
40$83,640$5,958
REID BORDSONBOARD MEMBER
Trustee or director
–$0$0
MELISSA OLSENVICE PRESIDE
Trustee or director
–$0$0
CARNEN SWENSONPRESIDENT
Trustee or director
–$0$0
MAYA VUKELICHBOARD MEMBER
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
8441 WAYZATA BLVD STE 220, GOLDEN VALLEY, MN 55426-1360
Principal officer (990 for 2024)
LYNN RICCHIO, 8441 WAYZATA BLVD SUITE 220, GOLDEN VALLEY, MN 55426
Signed the 990
LYNN RICCHIO, EXECUTIVE DIRECTOR
Phone
(612) 379-0980
Return prepared by
TDHCD INC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • WELLSPRING PROVIDES ADOPTION SUPPORT SERVICES TO ADOPTIVE AND BIRTH PARENTS. WELLSPRING PRIMARILY PERFORMS HOMESTUDIES OF ADOPTIVE PARENTS AND COUNSELS BIRTH AND ADOPTIVE PARENTS. THE ORGANIZATION PERFORMED THESE SERVICES IN CONNECCTION WITH 52 ADOPTIONS IN 2024.
    Expenses $468,962 · revenue $816,649
  • WELLSPRING PROVIDES ADOPTION SUPPORT SERVICES TO ADOPTIVE AND BIRTH PARENTS. WELLSPRING PRIMARILY PERFORMS HOMESTUDIES OF ADOPTIVE PARENTS AND COUNSELS BIRTH AND ADOPTIVE PARENTS. THE ORGANIZATION PERFORMED THESE SERVICES IN CONNECCTION WITH 52 ADOPTIONS IN 2024.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1712804
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,156,100
Income (IRS master file)
$827,162

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$827,162$796,822$1,156,100XML
990December 2023$766,790$760,773$1,125,760XML
990December 2022$888,633$778,295$1,119,743IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 41-1712804).

Questions about WELLSPRING ADOPTION AGENCY INC

What is the EIN of WELLSPRING ADOPTION AGENCY INC?
The employer identification number (EIN) of WELLSPRING ADOPTION AGENCY INC is 41-1712804.
Is WELLSPRING ADOPTION AGENCY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to WELLSPRING ADOPTION AGENCY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WELLSPRING ADOPTION AGENCY INC 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 ADOPTION AGENCY INC 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 ADOPTION AGENCY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WELLSPRING ADOPTION AGENCY INC?
The 990 for the year ended December 31, 2024 names LYNN RICCHIO.
Who are the officers and directors of WELLSPRING ADOPTION AGENCY INC?
The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $117,347 (LYNN RICCHIO, EXECUTIVE DI).
How much revenue does WELLSPRING ADOPTION AGENCY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $827,162, expenses of $796,822 and total assets of $1,156,100 at year end.

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