Welcome Home Montrose Inc

EIN: 454103919 501(c)(3) Human Services

Montrose, CO

Total Revenue
$229,142
Total Expenses
$221,509
Total Assets
$717,378
Net Assets
$223,954
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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
2011
Legal Domicile
CO
Principal Officer
Randy Havens
Phone
9707652210
Tax Period
2024-01-01 to 2024-12-31

Welcome Home Montrose Inc, founded in 2011, is a small nonprofit in the Human Services sector that reported $229K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $222K left a modest 3% surplus.

Mission

Continue to help veterans and their families find their way back to civilian life by providing assistance for food insecurities, housing, and mental health issues through diversity and inclusion.

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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 $185,633
Program Service Revenue $20,950
Investment Income $68
Other Revenue $22,491
TOTAL REVENUE $229,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,961
Fundraising Expenses $55,389
Program Expenses $119,810
Other Expenses $120,234
TOTAL EXPENSES $221,509

Year-over-Year Comparison

2024 2023 Change
Revenue $229,142 $202,277 +0.1%
Expenses $221,509 $260,801 -0.2%
Net Income $7,633 $-58,524 -1.1%
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
8
Independent Members
8
Employees
3
Volunteers
95

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
2
$0
Total Directors
7
$0
Key Employees
3
$43,575
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Havens Presiden & Board Member 0.00
Director
$0 $0 $0
J Michael Trickey Board Member 15.00
Director
$0 $0 $0
April Heard Executive Director 40.00
Highest
$41,500 $0 $41,500
Amy Eifling Volunteer Coordinator 40.00
Key Emp
$16,800 $0 $16,800
Ann Lindsey Accountant 4.00
Key Emp
$0 $0 $0
Liane Waters Treasurer 4.00
Officer Director
$0 $0 $0
Kellie Green Secretary 40.00
Key Emp
$26,775 $0 $26,775
Bryan Hartwig Board Member 4.00
Director
$0 $0 $0
Rick Bressett Vice President 4.00
Officer Director
$0 $0 $0
Jesse Bailey Board Memeber 4.00
Director
$0 $0 $0
Chere Fisher Secretary 4.00
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 $229,142 $221,509 $717,378 $7,633
2023 $202,277 $260,801 $718,162 $-58,524
2022 $290,324 $273,019 $784,856 $17,305
2021 $236,172 $202,732 $775,074 $33,440
2020 $220,388 $220,357 $747,982 $31
2019 $222,002 $364,865 $751,470 $-142,863
2018 $592,406 $399,248 $784,832 $193,158
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