WELCOMENST INC (EIN 851674143) - 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

2020

Legal Domicile

Principal Officer

ELIZABETH DAVIS-EDWARDS

Phone

6179479563

Tax Period

2024-01-01 to 2024-12-31

WELCOMENST INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

WELCOMENST ENGAGES, TRAINS, MATCHES AND SUPPORTS VOLUNTEERS TO FORM NEIGHBORHOOD SUPPORT TEAMS (NSTS) THAT WELCOME REFUGEE AND IMMIGRANT FAMILIES INTO THEIR NEIGHBORHOODS.

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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 $1,095,285

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,095,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,439

Fundraising Expenses $55,049

Program Expenses $928,704

Other Expenses $855,101

TOTAL EXPENSES $1,069,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,095,285	$948,996	+0.2%
Expenses	$1,069,540	$746,340	+0.4%
Net Income	$25,745	$202,656	-0.9%

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

1601

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

$124,999

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH DAVIS-EDWARDS	CEO	55.00	Officer	$124,999	$0	$124,999
GRANT BENNETT	TREASURER	1.00	Director	$0	$0	$0
STEPHANIE CALHOUN	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN ROSOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN SADAT	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY TOBIN	BOARD MEMBER	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	$1,095,285	$1,069,540	$259,415	$25,745
2023	$948,996	$746,340	$218,711	$202,656
2022	$309,069	$331,035	$29,473	$-21,966

WELCOMENST INC