WELCOME HOME HAITI

EIN: 270976196 501(c)(3) Housing & Shelter

BLOOMINGTON, IL

Total Revenue
$10,858
Total Expenses
$12,339
Total Assets
$16,601
Net Assets
$16,601
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
BOB STEPHAN
Phone
3093360197
Tax Period
2024-01-01 to 2024-12-31

WELCOME HOME HAITI, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $12K exceeded revenue, resulting in a 14% operating deficit.

Mission

WELCOME HOME HAITI, LOCATED IN BLOOMINGTON, ILLINOIS, IS A NON-PROFIT ORGANIZATION FOCUSED ON PROVIDING HOPE TO HAITIAN FAMILIES, ONE HOME AT A TIME. THE HIGHEST LEVEL GOALS OF WELCOME HOME HAITI ARE TO GLORIFY GOD AND EMPOWER HEALTHY FAMILIES THROUGH BUILDING HOMES, PROVIDING EMPLOYMENT, AND RAISING UP GODLY MEN. THE ORGANIZATION ENABLES LIFE CHANGES FOR THE NORTH AMERICAN SUPPORTERS THROUGH PARTNERSHIP AND SHORT TERM TRIPS, WHICH PROVIDE A PERSONAL GLIMPSE INTO THE HEART OF GOD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,858
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,774
Other Expenses $12,339
TOTAL EXPENSES $12,339

Year-over-Year Comparison

2024 2023 Change
Revenue $10,858 $24,329 -0.6%
Expenses $12,339 $29,346 -0.6%
Net Income $-1,481 $-5,017 -0.7%
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

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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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELLEY HARI EXECUTIVE DIR. 20.00
Officer Director
$0 $0 $0
STEVE HARI BOARD MEMBER 20.00
Director
$0 $0 $0
NEIL ALCORN BOARD MEMBER 5.00
Director
$0 $0 $0
BOB STEPHAN BOARD TREASURER 5.00
Officer Director
$0 $0 $0
GREG FILSON PRESIDENT 5.00
Officer Director
$0 $0 $0
TYLER HARI BOARD MEMBER 5.00
Director
$0 $0 $0
BOB VAN VOORST BOARD MEMBER 5.00
Director
$0 $0 $0
MITCH STEFFEN BOARD MEMBER 5.00
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
2024 $10,858 $12,339 $16,601 $-1,481
2023 $24,329 $29,346 $18,082 $-5,017
2022 $43,861 $30,254 $23,099 $13,607
2021 $55,269 $53,735 $9,492 $1,534
2020 $154,314 $156,047 $7,958 $-1,733
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