Welcome Home Global Inc
Nonprofit profile at a glance
- EIN
- 822544189
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2017
- Location
- Cincinnati, OH, USA
- Phone
- 7243003025
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $124,644
- Expenses
- $154,651
- Assets
- $103,624
- Liabilities
- $6,628
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Richard E Welch (Executive Director)
- Anna M Welch (Vice President)
People named in this filing
- Richard E Welch (Executive Director)
- Anna M Welch (Vice President)
- Emily Caudill (Volunteer Administrator/Board Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This corporation exists to invite people into a place of belonging and purpose where they know who they are made to be and from that place can live a life that is transformed by a deep relationship with Jesus. This will be accomplished through deep relational connections, practical demonstrations of love through serving needs, and other similar means. At inception the programs are being carried out in Uganda, Africa, but they may be expanded or moved to other parts of the world. Our work includes mentoring, pastoral care, programs for at-risk children living on the streets, disaster relief, and church planting.
What it reported doing in 2024
In 2024 we continued our middle east outreach program. This program serves local communities through weekly recreational activities, community development efforts, and supporting the development of emotional and spiritual well-being.
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 96% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.9%; rating input score 90
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: -24.1%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 38.8%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 8.8% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 27% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $139K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Sustainability: Operating margin scored 6/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.