The Welcome Mission
Nonprofit profile at a glance
- EIN
- 474779852
- IRS 990-EZ coverage
- 2015–2020
- Forms available
- Form 990-EZ 2020
- Location
- Fuquayvarina, NC, USA
- Phone
- 9192795763
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $40,304
- Expenses
- $51,567
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MARCUS RENCH (CHIEF EXECUTIVE OFFICER)
- HOLLY RENCH (EXECUTIVE DIRECTOR)
People named in this filing
- GAIL BARNES (BOARD MEMBER)
- LOURI HUNT (BOARD MEMBER)
- LAURA JACIMORE (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to rescue young women in need from homelessness, drugs, prostitution, and abuse and then establish them so that they flourish in a relationship with god, the church, their families and their communities.
What it reported doing in 2020
We supply women with a home to live in free of charge, where we help them obtain jobs, childcare and education if needed. We teach them basic life skills to be able to provide for themselves and their children.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 14
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.5%; rating input score 99
- Program expense ratio: 77%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -27.9%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 32.8%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: -0.6% per year; rating input score 0; 64th percentile among comparable filings
- Asset growth: -1.2% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 98.5% of revenue deployed · 77% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $40K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2015 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.