Welcomed Inc

Nonprofit profile at a glance

EIN
821482081
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Wild Rose, WI, USA
Phone
7153900459
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Foster Care

Reported finances

Revenue
$91,904
Expenses
$65,824
Assets
$69,566
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • BRUCE WILLIAMS (President)
  • SCOTT KINGSTON (Vice President)
  • STACY SCHNAARE (Executive Director)

People named in this filing

  • BRUCE WILLIAMS (President)
  • SCOTT KINGSTON (Vice President)
  • PASTOR ALYSON JANKE (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

Charitable

What it reported doing in 2024

Welcomed serves churches throughout Wisconsin by helping them establish Care Communities of volunteers to surround foster and and networked churches at the local level as they established and maintained these Care Communities.

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 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 a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 60
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.3%; rating input score 59
  • Program expense ratio: 82.9%; rating input score 83

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: 28.4%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 36%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -4.8% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -20.6% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 59.3% of revenue deployed · 82.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $55K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.