WELEAD

EIN: 472873226 501(c)(3) Youth Development

Houston, TX

Total Revenue
$701,545
Total Expenses
$703,696
Total Assets
$9,086
Net Assets
$9,086
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
Linda Truscott
Phone
8324527784
Tax Period
2023-01-01 to 2023-12-31

WELEAD, founded in 2013, is a small nonprofit in the Youth Development sector that reported $702K in total revenue in fiscal year 2023.

Mission

Organized exclusively for charitable and educational purpose to support cultural/global understanding and exhibit West African culture to under-served communities.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $692,619
Program Service Revenue $8,926
Investment Income $0
Other Revenue $0
TOTAL REVENUE $701,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $964
Program Expenses $669,226
Other Expenses $703,696
TOTAL EXPENSES $703,696

Year-over-Year Comparison

2023 2022 Change
Revenue $701,545 $701,545 N/A
Expenses $703,696 $703,696 N/A
Net Income $-2,151 $-2,151 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
50

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clementina Amadi Board of Director - Secretary 0
Director
$0 $0 $0
Linda Truscott Executive Director 0
Director
$0 $0 $0
Jane Udoewa Brown Board of Director 0
Director
$0 $0 $0
Wesley Stewart Board of Director 0
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 No data No data No data No data
2023 $701,545 $703,696 $9,086 $-2,151
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WELEAD with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.