WELCOME HOME VETERANS INC

EIN: 264594172 501(c)(3) Arts, Culture & Humanities

MOORESVILLE, NC

Total Revenue
$193,421
Total Expenses
$167,794
Total Assets
$553,535
Net Assets
$553,535
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Principal Officer
JACK WALES
Phone
7046630488
Tax Period
2023-01-01 to 2023-12-31

WELCOME HOME VETERANS INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $193K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $168K left a modest 13% surplus.

Mission

TO ENSURE THE MEMORY OF, AND SUPPORT TO, THOSE WHO SERVE THROUGH WELCOME HOME VETERANS LIVING MILITARY MUSEUM AT RICHARD'S COFFEE SHOP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,397
Program Service Revenue $63,281
Investment Income $1,743
Other Revenue $0
TOTAL REVENUE $193,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $167,794
Other Expenses $167,794
TOTAL EXPENSES $167,794

Year-over-Year Comparison

2023 2022 Change
Revenue $193,421 $211,073 -0.1%
Expenses $167,794 $162,794 +0.0%
Net Income $25,627 $48,279 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL BAKER SECRETARY 5.00
Officer Director
$0 $0 $0
GARY BAKER MUSEUM DIREC 20.00
Director
$0 $0 $0
JOHN BEYERLE FACILITIES D 5.00
Director
$0 $0 $0
KATHLEEN GREEN MEDICAL DIRE 5.00
Director
$0 $0 $0
BILL HORD OPERATIONS D 7.00
Director
$0 $0 $0
JIM KIGER CHAIRMAN 5.00
Officer Director
$0 $0 $0
JACK WALES TREASURER 42.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $193,421 $167,794 $553,535 $25,627
2022 $211,073 $162,794 $527,908 $48,279
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