THE WELCOME PARTY 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

2019

Legal Domicile

Principal Officer

LIAM KERR

Phone

6173987504

Tax Period

2023-10-01 to 2024-09-30

THE WELCOME PARTY INC, founded in 2019, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 90% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ORGANIZATION IS TO IMPROVE AND BROADEN PARTICIPATION IN DEMOCRACY.

Program Service Accomplishments

Program 1

Expenses: $1,424,113 Revenue: $6,126

THE ORGANIZATION RESEARCHED VOTER PARTICIPATION AND ATTITUDES, SURVEYING CITIZENS AND CONDUCTING OUTREACH TO POTENTIAL VOTERS.

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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 $1,618,355

Program Service Revenue $6,126

Investment Income $0

Other Revenue $78

TOTAL REVENUE $1,624,559

Expense Breakdown

Grants Paid $344,218

Salaries & Benefits $26,686

Fundraising Expenses $54,723

Program Expenses $1,424,113

Other Expenses $1,212,793

TOTAL EXPENSES $1,636,413

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,624,559	$856,192	+0.9%
Expenses	$1,636,413	$808,660	+1.0%
Net Income	$-11,854	$47,532	-1.2%

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

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
LIAM KERR	DIRECTOR, PRESIDENT	5.00	Officer Director	$0	$0	$0
CATHARINE BELLINGER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BLAND	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	$1,624,559	$1,636,413	$323,624	$-11,854
2023	$856,192	$808,660	$428,118	$47,532
2022	$755,001	$563,220	$360,395	$191,781
2021	$275,018	$276,524	$70,513	$-1,506