WELCOME HOUSING CORP (EIN 611249853) - Form 990 Financial Analysis & Trantor Score

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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

1993

Legal Domicile

Principal Officer

AMANDA COUCH

Phone

8594318717

Tax Period

2024-01-01 to 2024-12-31

WELCOME HOUSING CORP, founded in 1993, is a micro nonprofit in the Housing & Shelter sector that reported $20K in total revenue in fiscal year 2024. Expenses of $44K exceeded revenue, resulting in a 126% operating deficit.

Mission

OUR VISION IS TO BE A LEADER IN GUIDING CLIENTS FROM HOUSING UNCERTAINTY TO HOUSING STABILITY. WE ACCOMPLISH THIS THROUGH THE SERVICES WE PROVIDE, SUCH AS HOUSING, SERVICE COORDINATION, AND OUTREACH & STABILITY. OUR MISSION IS TO PROVIDE A CONTINUUM OF SERVICES THAT WILL END HOMELESSNESS AND PROMOTE STABILITY FOR EACH PERSON WE SERVE.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $19,575

TOTAL REVENUE $19,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,316

Other Expenses $44,316

TOTAL EXPENSES $44,316

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,575	$19,575	N/A
Expenses	$44,316	$47,357	-0.1%
Net Income	$-24,741	$-27,782	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON SPAULDING	CHAIR	1.00	Officer Director	$0	$0	$0
MARIE SCHENKEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EDWIN KING	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN VAN ARSDALE	SECRETARY	1.00	Officer Director	$0	$0	$0
AMANDA COUCH	CEO	1.00	Officer Director	$0	$0	$0
KRIS KNOCHELMANN	DIRECTOR	1.00	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	$19,575	$44,316	$538,478	$-24,741
2023	$19,575	$47,357	$582,794	$-27,782
2022	$19,575	$57,592	$630,151	$-38,017
2021	$-70,712	$118,355	$687,743	$-189,067
2020	$165,507	$213,708	$996,488	$-48,201
2019	$187,608	$256,740	$1,031,381	$-69,132
2018	$194,223	$220,303	$1,110,071	$-26,080

WELCOME HOUSING CORP