WELCOME HOME INC

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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

1985

Legal Domicile

Principal Officer

MEGAN SIEVERS

Phone

5734438001

Tax Period

2024-01-01 to 2024-12-31

WELCOME HOME INC, founded in 1985, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

WELCOME HOME WORKS TO HONOR VETERANS AND RESTORE LIVES.

Program Service Accomplishments

Program 1

Expenses: $3,042,597 Revenue: $123,467

PROVIDE TRANSITIONAL HOUSING AS WELL AS SUPPORTIVE SERVICES FOR VETERANS OF THE UNITED STATES MILITARY WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,401,745

Program Service Revenue $75,200

Investment Income $57,459

Other Revenue $-35,677

TOTAL REVENUE $3,498,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,845,652

Fundraising Expenses $237,577

Program Expenses $3,042,597

Other Expenses $1,555,505

TOTAL EXPENSES $3,401,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,498,727	$2,636,279	+0.3%
Expenses	$3,401,157	$3,013,498	+0.1%
Net Income	$97,570	$-377,219	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

847

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

$130,081

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNY LORENZ-RUDKIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARCUS GLOVER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MATTHEW LIGHTLE	TREASURER	2.00	Officer Director	$0	$0	$0
DALE FITCH	SECRETARY	2.00	Officer Director	$0	$0	$0
TERRY ROBERTS	DIRECTOR	2.00	Director	$0	$0	$0
ROSS BRIDGES	DIRECTOR	2.00	Director	$0	$0	$0
JAMES CHAPMAN	DIRECTOR	2.00	Director	$0	$0	$0
JASON GRUENDER	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER STICKEN	DIRECTOR	2.00	Director	$0	$0	$0
JOANIE MAINS	DIRECTOR	2.00	Director	$0	$0	$0
DON HOWSER	DIRECTOR	2.00	Director	$0	$0	$0
SHAY ROUSH	DIRECTOR	2.00	Director	$0	$0	$0
BRUNO GRECO	DIRECTOR	2.00	Director	$0	$0	$0
TANNER SUTTON	DIRECTOR	2.00	Director	$0	$0	$0
MEGAN SIEVERS	EXECUTIVE DIRECTOR	40.00	Officer	$130,081	$0	$130,081

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	$3,498,727	$3,401,157	$4,790,020	$97,570
2023	$2,636,279	$3,013,498	$4,730,515	$-377,219
2022	$2,247,044	$2,193,343	$4,955,873	$53,701
2021	$2,743,236	$1,984,440	$4,815,089	$758,796
2020	$1,993,493	$1,802,924	$4,051,322	$190,569
2019	$1,632,681	$1,721,304	$3,854,654	$-88,623
2018	$1,659,369	$1,604,338	$3,937,602	$55,031