Welead
Nonprofit profile at a glance
- EIN
- 472873226
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2021
- Location
- Houston, TX, USA
- Phone
- 8324527784
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $128,542
- Expenses
- $127,641
- Assets
- $9,869
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Linda Truscott (Executive Director)
People named in this filing
- Clementina Amadi (Board of Director - Secretary)
- Jane Udoewa Brown (Board of Director)
- Wesley Stewart (Board of Director)
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
Organized exclusively for charitable and educational purpose to support cultural/global understanding and exhibit West African culture to under-served communities.
What it reported doing in 2025
Nigeria Masquerade Exhibition to support cultural understanding and educate communities on West African culture through performing marts, traditions, and exhibitions. A minimum of 500 individuals including local artists benefitted from the program and promoted tourism to the City of Houston.
Operating model
- Revenue model
- Donor-supported. 77% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 92
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 91.4%; rating input score 91
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.7%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -5.3% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -25.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -19.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 91.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $117K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.