WELCOME HOME MINISTRIES (EIN 621515995) - 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

1992

Legal Domicile

Principal Officer

DARYL MURRAY

Phone

6153097087

Tax Period

2023-01-01 to 2023-12-31

WELCOME HOME MINISTRIES, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 8% surplus.

Mission

TO PROVIDE PHYSICAL, EMOTIONAL, AND SPIRITUAL SUPPORT TO INDIVIDUALS AT THEIR POINT OF NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $692,258

Program Service Revenue $506,336

Investment Income $1,415

Other Revenue $-16,191

TOTAL REVENUE $1,183,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $534,085

Fundraising Expenses $0

Program Expenses $896,460

Other Expenses $558,020

TOTAL EXPENSES $1,092,105

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,183,818	$971,917	+0.2%
Expenses	$1,092,105	$1,114,267	0.0%
Net Income	$91,713	$-142,350	-1.6%

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

100

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

$113,685

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA WOOD	SECRETARY	1.23	Officer Director	$0	$0	$0
CHRIS SLONECKER	TREASURER	0.23	Officer Director	$0	$0	$0
MAURICE ABNEY	BOARD MEMBER	0.23	Director	$0	$0	$0
KURT KOEHN	PRESIDENT	0.23	Officer Director	$0	$0	$0
EDWARD VINSANG	BOARD MEMBER	0.23	Director	$0	$0	$0
SID STANLEY	BOARD MEMBER	0.23	Director	$0	$0	$0
SUZANNE SIMMONS	BOARD MEMBER	0.23	Director	$0	$0	$0
DAVID PEDEN	BOARD MEMBER	0.23	Director	$0	$0	$0
STAN KANIA	BOARD MEMBER	0.23	Director	$0	$0	$0
DARYL MURRAY	EXECUTIVE DIRECTOR	50.00	Officer	$92,685	$21,000	$113,685

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	$1,183,818	$1,092,105	$2,376,822	$91,713
2022	$971,917	$1,114,267	$2,339,256	$-142,350
2021	$1,312,543	$1,045,474	$2,477,012	$267,069
2020	$1,135,671	$875,333	$2,234,381	$260,338
2019	$969,085	$836,666	$2,160,066	$132,419
2018	$780,640	$771,844	$1,652,736	$8,796

WELCOME HOME MINISTRIES