Civic Intelligence

The Welcome Project Inc

990 • Fiscal year 2020 • EIN 04-3088140

Jul 01, 2019 to Jun 30, 2020 • Filed on Jul 21, 2020

530 Mystic AvenueSomerville, MA 02145

(617) 623-6633

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.30x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.19x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

48th percentile

3.9%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

33%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

50%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$309,270

Up $76,292 (+33%) from 2019

Net Assets

Up

$217,847

Up $18,883 (+9.5%) from 2019

Liabilities

Up

$91,423

Up $57,409 (+169%) from 2019

Revenue

Up

$484,933

Up $160,939 (+50%) from 2019

Expenses

Up

$466,050

Up $146,127 (+46%) from 2019

Net Income

Up

$18,883

Up $14,812 (+364%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $134,492Liabilities 2011: $12,063Net Assets 2011: $122,4292011Assets 2012: $91,079Liabilities 2012: $8,851Net Assets 2012: $82,2282012Assets 2013: $96,118Liabilities 2013: $17,351Net Assets 2013: $78,7672013Assets 2014: $93,569Liabilities 2014: $11,128Net Assets 2014: $82,4412014Assets 2015: $105,489Liabilities 2015: $15,761Net Assets 2015: $89,7282015Assets 2017: $161,762Liabilities 2017: $46,508Net Assets 2017: $115,2542017Assets 2019: $232,978Liabilities 2019: $34,014Net Assets 2019: $198,9642019Assets 2020: $309,270Liabilities 2020: $91,423Net Assets 2020: $217,8472020Assets 2021: $531,986Liabilities 2021: $13,252Net Assets 2021: $518,7342021Assets 2022: $844,126Liabilities 2022: $43,635Net Assets 2022: $800,4912022Assets 2023: $584,968Liabilities 2023: $70,404Net Assets 2023: $514,5642023Assets 2024: $435,538Liabilities 2024: $23,425Net Assets 2024: $412,1132024

Highlighted filing

2020

Assets$309,270
Liabilities$91,423
Net Assets$217,847

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $213,602Expenses 2011: $185,741Net Income 2011: $27,8612011Revenue 2012: $182,359Expenses 2012: $222,560Net Income 2012: -$40,2012012Revenue 2013: $177,752Expenses 2013: $178,951Net Income 2013: -$1,1992013Revenue 2014: $185,635Expenses 2014: $181,961Net Income 2014: $3,6742014Revenue 2015: $193,175Expenses 2015: $185,888Net Income 2015: $7,2872015Revenue 2017: $208,414Expenses 2017: $148,471Net Income 2017: $59,9432017Revenue 2019: $323,994Expenses 2019: $319,923Net Income 2019: $4,0712019Revenue 2020: $484,933Expenses 2020: $466,050Net Income 2020: $18,8832020Revenue 2021: $989,200Expenses 2021: $684,250Net Income 2021: $304,9502021Revenue 2022: $966,254Expenses 2022: $685,171Net Income 2022: $281,0832022Revenue 2023: $644,402Expenses 2023: $934,332Net Income 2023: -$289,9302023Revenue 2024: $612,589Expenses 2024: $720,191Net Income 2024: -$107,6022024

Highlighted filing

2020

Revenue$484,933
Expenses$466,050
Net Income$18,883
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jul 21, 2020
Return Version
2019v5.1
Gross Receipts
$491,842
Mission and Program Overview

Mission

The welcome project strengthens the voice and collective power of somerville immigrants to participate in and shape community decisions.

The welcome project strengthens the voice and collective power of immigrants to participate in and shape community decisions

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$127,111$240,877▲ $113,766
Investments in Publicly Traded Securities$60,101$50,132▼ $9,969
Pledges and Grants Receivable$24,992$12,000▼ $12,992
Accounts Receivable$16,280$2,955▼ $13,325
Land, Buildings, and Equipment, Net$2,969$1,781▼ $1,188
Prepaid Expenses and Deferred Charges$1,525$1,525→ $0
Total Assets$232,978$309,270▲ $76,292
Liabilities
Deferred Revenue$22,500$52,000▲ $29,500
Unsecured Notes Loans Payable-$26,000-
Accounts Payable and Accrued Expenses$11,514$13,423▲ $1,909
Total Liabilities$34,014$91,423▲ $57,409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$198,964$146,237▼ $52,727
Net Assets With Donor Restrictions-$71,610-
Total Net Assets Fund Balance$198,964$217,847▲ $18,883
Total Liabilities and Net Assets / Fund Balance$232,978$309,270▲ $76,292

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,781$15,643-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jessica Cassel GalimbertiPresident
Tim GrovesVice President
Jordana AriasDirector
Lutanius RenaudinDirector
Min MaDirector
Susan OstranderDirector
Laura BrooksClerk
Martin CawseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$461,043
Program Service Revenue
$5,130
Investment Income
$0
Other Revenue
$18,760
All Other Contributions
$461,043
Change in Net Assets
$18,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,456
Other Expenses$208,594
Total Fundraising Expense$34,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,379$14,143$14,143$236,665
All Other Expenses$118,162$12,808$13,747$144,717
Fees for Services Accounting$21,010$1,710$1,710$24,430
Other Employee Benefits$17,881$1,455$1,455$20,791
Other Expenses$0$14,150$0$14,150
Travel$1,085$1,053$1,053$3,191
Insurance$1,913$239$239$2,391
Depreciation Depletion$0$1,188$0$1,188
Advertising$1,092$0$0$1,092
Total Functional Expenses$381,497$50,163$34,390$466,050
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,669
Fundraising Direct Expenses$6,909
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Welcome Project Inc
EIN
04-3088140
Phone
6176236633
Address
530 MYSTIC AVENUE, SOMERVILLE, MA 02145

Signing Officer

Name
Ben Echevarria
Title
Executive Director
Phone
6176236633
Signed
2020-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Echevarria
Formed
1990
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
40

Preparer

Firm
P Neupane CPA
Address
407R Mystic Avenue Suite 26, Medford, MA 02155
Preparer
Pushkar Neupane
Phone
6177178108
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

First fully approved by Executive Committee and Emailed to full board

Pt VI, Line 19

Upon request

Pt VI, Line 12C

Periodic review and assessment

Pt VI, Line 15B

Industry payscale researched and renumaration are to be approved by executive committe first and then by the full board

Pt VI, Line 15A

ndustry payscale researched and renumaration are to be approved by executive committe first and then by the full board

Pt III, Line 2

Raised COVID-19 Relief Funds

Form 990, Part IX, Line 24E

Subscription 708. 0. 0. 708.

Form 990, Part IX, Line 24E

Food expenses 5538. 4707. 554. 277.

Form 990, Part IX, Line 24E

Membership fees 839. 0. 0. 839.

Form 990, Part IX, Line 24E

Fiscal sponsorship 3825. 3825. 0. 0.

Form 990, Part IX, Line 24E

Emergency assistance & program 96294. 96294. 0. 0.

Form 990, Part IX, Line 24E

Postage 862. 129. 259. 474.

Form 990, Part IX, Line 24E

Printing 596. 298. 149. 149.

Form 990, Part IX, Line 24E

Stationary,supplies & small equipment 5472. 3283. 1368. 821.

Form 990, Part IX, Line 24E

Telephone,internet,cable 3169. 1077. 1046. 1046.

Form 990, Part IX, Line 24E

Website design 276. 94. 91. 91.

Form 990, Part IX, Line 24E

Other expenses 23354. 4671. 9341. 9342.

Form 990, Part IX, Line 24E

Merchandise sale 3784. 3784. 0. 0.

Raw XML AppendixShowing 400 of 419 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05130
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0447243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0332396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0325214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0190032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0190032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01484917
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01484917
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0447243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0332396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0325214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0190032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0190032
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01484917
IRS990ScheduleA/TotalSupportAmt01484917
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01781
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015643
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt017424
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01781
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0First fully approved by Executive Committee and Emailed to full board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Periodic review and assessment
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Industry payscale researched and renumaration are to be approved by executive committe first and then by the full board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ndustry payscale researched and renumaration are to be approved by executive committe first and then by the full board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Raised COVID-19 Relief Funds
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUBSCRIPTION 708. 0. 0. 708.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FOOD EXPENSES 5538. 4707. 554. 277.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERSHIP FEES 839. 0. 0. 839.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FISCAL SPONSORSHIP 3825. 3825. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EMERGENCY ASSISTANCE & PROGRAM 96294. 96294. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11POSTAGE 862. 129. 259. 474.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PRINTING 596. 298. 149. 149.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13STATIONARY,SUPPLIES & SMALL EQUIPMENT 5472. 3283. 1368. 821.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14TELEPHONE,INTERNET,CABLE 3169. 1077. 1046. 1046.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15WEBSITE DESIGN 276. 94. 91. 91.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16OTHER EXPENSES 23354. 4671. 9341. 9342.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17MERCHANDISE SALE 3784. 3784. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0232978
IRS990/TotalAssetsEOYAmt0309270
IRS990/TotalAssetsGrp/BOYAmt0232978
IRS990/TotalAssetsGrp/EOYAmt0309270
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0461043
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034390
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050163
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0381497
IRS990/TotalFunctionalExpensesGrp/TotalAmt0466050
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034014
IRS990/TotalLiabilitiesEOYAmt091423
IRS990/TotalLiabilitiesGrp/BOYAmt034014
IRS990/TotalLiabilitiesGrp/EOYAmt091423
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0198964
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0217847
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0381497
IRS990/TotalProgramServiceRevenueAmt05130
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018760
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05130
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0484933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0232978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0309270
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01053
IRS990/TravelGrp/ManagementAndGeneralAmt01053
IRS990/TravelGrp/ProgramServicesAmt01085
IRS990/TravelGrp/TotalAmt03191
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt026000
IRS990/USAddress/AddressLine1Txt0530 MYSTIC AVENUE
IRS990/USAddress/CityNm0SOMERVILLE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002145
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.WELCOMEPROJECT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEN ECHEVARRIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06176236633
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WELCOME PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0WELC

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