Welcome COS
Nonprofit profile at a glance
- EIN
- 992197366
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7197159308
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $122,592
- Expenses
- $51,437
- Assets
- $87,564
- Liabilities
- $641
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Amy Schulte (President & Executive Director)
People named in this filing
- Donna Kushner (Secretary)
- Joshua Bennett (Treasurer)
- Steve Stanton (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Welcome COS (the "Corporation") is to add to the tapestry of Colorado Springs by resettling refugees in the Colorado Springs area with a faith-based spirit of welcome, mobilization of churches, and nimble and innovative pathways to direct services. All the Corporation's activities are focused on providing welcome and services that enhance the refugees' resettlement experience from their arrival and through long-term integration within the community.
What it reported doing in 2025
Benevolence Fund: this designated fund was created after a client family was in a terrible car accident. With both parents in the hospital, the family needed help with rental assistance, cleaning, driving lessons for the oldest child, and more. The fund was later used for emergency rental assistance for 2 other families, as well as assistance for a client suffering a terminal medical condition.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 100
- Sustainability: 73
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.8%; rating input score 29
- Program expense ratio: 68.5%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 58%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 11.7%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 28.8% of revenue deployed · 68.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $35K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.