PeerBasis.org
Religion · GA

The Wellspring Group

The Wellspring Group's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $201,020 for Larry Bolden, Executive Director (FY 2024). Column F can include amounts from the filing and related organizations.

After indexing supported filing years to 2025 comparison dollars, the subject figure is $206,309. It is higher than the D + F figure for 105 of 109 peer organizations selected under the disclosed tier Same NTEE sector (X21), nationwide + size band 0.71–1.4× revenue (approximately 96%; median $91,811). This is descriptive, not a reasonableness conclusion.

$1,762,005Total revenue (FY 2024)
$201,020Reported Part VII D + F figure
105 / 109Selected peers with a strictly lower 2025-dollar figure (approximately 96%)

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Review the selected comparables for The Wellspring Group, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.

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Selected peer organizations

Actual selection tier: Same NTEE sector (X21), nationwide + size band 0.71–1.4× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.

OrganizationStateRevenueD + F (2025 dollars)
Transformation Ministries Inc IN$1,751,193 $91,994
Gospel Revival Ministries Inc MO$1,782,805 $140,277
Spread Truth Ministries Inc IL$1,794,117 $83,855
The Old Savannah City Mission Inc GA$1,724,991 $76,973
Wingfield Ministries Inc VA$1,722,408 $112,867
Third Street Education Center Inc NC$1,805,277 $85,104
Right From The Heart Ministries Inc GA$1,811,774 $172,709
Telling The Truth Inc WI$1,707,251 $100,515

View the organization record and available filings on ProPublica