Welcome Home Angel Inc

Nonprofit profile at a glance

EIN
261638488
IRS 990 coverage
2017–2025
Forms available
Form 990 2025, Form 990-EZ 2021, Form 990-N 2010
Location
Wilmington, NC, USA
Phone
9106796901
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Environmental Education and Outdoor Survival Programs

Reported finances

Revenue
$1,496,287
Expenses
$669,005
Assets
$1,323,789
Liabilities
$45,041

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOHN KAISER (PRESIDENT)
  • JOHN GRAY (VICE PRESIDENT)
  • CRAIG WAGNER (CEO)

Highest reported compensation

  • CRAIG WAGNER (CEO): $104,913 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to help families be families by creating custom home modifications for children with special healthcare needs. From sensory and therapy rooms to fully wheelchair-accessible spaces, our home transformations provide safer care, improve physical health and quality of life, and give families the freedom to focus on what truly matters: celebrating and supporting each other.

What it reported doing in 2025

Welcome home angle imrpoves health, safety, and quality of life for children with complex medical needs through customized home modifications. By transforming bathrooms for wheelchair accessibility, creating sensory and therapy spaces, and making spaces more adaptable - including for siblings - we reduced environmental barriers, eased caregiver burden, and enhanced daily functioning. Serving families in southeastern North Carolina and the triangle and triad, we completed 12 full home transformations that directly impacted over 43 individuals. In response to growing community needs, welcome home angel is also evolving to offer aging-in-place services that support independence and accessibility across the lifespan.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.1%; rating input score 35
  • Program expense ratio: 77.5%; rating input score 78
  • Fundraising efficiency: $20.25 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 55.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.98; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 15.7%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 16.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 25% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 17.5% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 35.1% of revenue deployed · 77.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $518K in reported program spending
  • Leadership: top reported pay $105K · 12 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.