Civic Intelligence

Welcome Home Veterans Inc.

990EZ • Fiscal year 2018 • EIN 26-4594172

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

165 N Main StreetMooresville, NC 28115

(704) 663-0488

Siviq Scores

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

Liabilities / Assets

78th percentile

0.21x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.10x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

30th percentile

-8.9%

Faster asset growth than 30% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$452,777

Down $44,421 (-8.9%) from 2017

Net Assets

Up

$355,534

Up $14,579 (+4.3%) from 2017

Liabilities

Down

$97,243

Down $59,000 (-38%) from 2017

Revenue

Down

$88,734

Down $10,912 (-11%) from 2017

Expenses

Up

$74,155

Up $19,612 (+36%) from 2017

Net Income

Down

$14,579

Down $30,524 (-68%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $497,070Liabilities 2013: $309,125Net Assets 2013: $187,9452013Assets 2014: $481,977Liabilities 2014: $257,481Net Assets 2014: $224,4962014Assets 2015: $478,929Liabilities 2015: $224,863Net Assets 2015: $254,0662015Assets 2016: $484,009Liabilities 2016: $188,157Net Assets 2016: $295,8522016Assets 2017: $497,198Liabilities 2017: $156,243Net Assets 2017: $340,9552017Assets 2018: $452,777Liabilities 2018: $97,243Net Assets 2018: $355,5342018Assets 2019: $436,522Net Assets 2019: $436,5222019Assets 2020: $416,421Net Assets 2020: $416,4212020Assets 2021: $479,629Net Assets 2021: $479,6292021Assets 2022: $527,908Liabilities 2022: $0Net Assets 2022: $527,9082022Assets 2023: $553,535Liabilities 2023: $0Net Assets 2023: $553,5352023Assets 2024: $696,877Liabilities 2024: $476Net Assets 2024: $696,4012024

Highlighted filing

2018

Assets$452,777
Liabilities$97,243
Net Assets$355,534

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $128,474Expenses 2013: $65,276Net Income 2013: $63,1982013Revenue 2014: $106,775Expenses 2014: $70,224Net Income 2014: $36,5512014Revenue 2015: $80,877Expenses 2015: $51,307Net Income 2015: $29,5702015Revenue 2016: $109,430Expenses 2016: $67,644Net Income 2016: $41,7862016Revenue 2017: $99,646Expenses 2017: $54,543Net Income 2017: $45,1032017Revenue 2018: $88,734Expenses 2018: $74,155Net Income 2018: $14,5792018Revenue 2019: $139,773Expenses 2019: $58,785Net Income 2019: $80,9882019Revenue 2020: $39,651Expenses 2020: $59,752Net Income 2020: -$20,1012020Revenue 2021: $150,476Expenses 2021: $87,268Net Income 2021: $63,2082021Revenue 2022: $211,073Expenses 2022: $162,794Net Income 2022: $48,2792022Revenue 2023: $193,421Expenses 2023: $167,794Net Income 2023: $25,6272023Revenue 2024: $312,938Expenses 2024: $170,072Net Income 2024: $142,8662024

Highlighted filing

2018

Revenue$88,734
Expenses$74,155
Net Income$14,579
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$88,734
Mission and Program Overview

Mission

To ensure the memory of, and support to, those who serve through welcome home veterans living military museum at richard's coffee shop.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL AID TO INDIVIDUAL DISABLED VETERANS AND THEIR FAMILIES AND CASH CONTRIBUTIONS TO SCHOOLS AND VARIOUS VETERAN-BASED EDUCATIONAL INSTITUTIONS.$27,613$69,553
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVE PARKINSChairman-$0--
RALPH DAGENHARTTreasurerPT$0--
DANA PAPESecretary-$0--
JIM KIGERMember-$0--
LYDIA SULLIVANMemberPT$0--
BILL HORDMemberPT$0--
JOHN BEYERLEMember-$0--
Filing and Contact Details

Filer

Filer Name
Welcome Home Veterans Inc
EIN
26-4594172
Phone
7046630488
Address
165 N MAIN STREET, MOORESVILLE, NC 28115

Signing Officer

Name
Ralph Dagenhart
Title
Treasurer
Phone
7046630488
Signed
2019-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Sherrill Blake & Harrison CPA Pa
Address
PO BOX 782, LINCOLNTON, NC 28093-0782
Preparer
Terri Q Blake
Phone
7047322234
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

5k run fundraiser expense 4,602 expenses advertising and promotion 7,383 office supplies 3,196 meetings 2,125 interest 7,085 insurace 254 property insurance 2,714 dues & subscriptions 797 non-investment depreciation 1,673 total 29,829

Form 990-ez, Part II, Line 24

34,388 40,311 less accumulated depreciation 8,871 11,650 3,600 3,600 less accumulated amortization 615 795 total 28,502 31,466

Form 990-ez, Part II, Line 26

Note payable- aquesta bank 156,243 97,243

Form 990-ez, Part III

To ensure the memory of, and support to, those who serve through welcome home veterans living military museum at richard's coffee shop.

Raw XML Appendix158 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0RALPH DAGENHART
IRS990EZ/BooksInCareOfDetail/PhoneNum07046630488
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0165 N MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOORESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028117
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt090330
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt031466
IRS990EZ/OtherExpensesTotalAmt029829
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENSURE THE MEMORY OF, AND SUPPORT TO, THOSE WHO SERVE THROUGH WELCOME HOME VETERANS LIVING MILITARY MUSEUM AT RICHARD'S COFFEE SHOP.
IRS990EZ/PrintingPublicationsPostageAmt0734
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt088734
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990EZ/WebsiteAddressTxt0WWW.WELCOMEHOMEVETS.COM
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalSupportAmt0480956
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt05K RUN FUNDRAISER EXPENSE 4,602 EXPENSES ADVERTISING AND PROMOTION 7,383 OFFICE SUPPLIES 3,196 MEETINGS 2,125 INTEREST 7,085 INSURACE 254 PROPERTY INSURANCE 2,714 DUES & SUBSCRIPTIONS 797 NON-INVESTMENT DEPRECIATION 1,673 TOTAL 29,829
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt134,388 40,311 LESS ACCUMULATED DEPRECIATION 8,871 11,650 3,600 3,600 LESS ACCUMULATED AMORTIZATION 615 795 TOTAL 28,502 31,466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE PAYABLE- AQUESTA BANK 156,243 97,243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENSURE THE MEMORY OF, AND SUPPORT TO, THOSE WHO SERVE THROUGH WELCOME HOME VETERANS LIVING MILITARY MUSEUM AT RICHARD'S COFFEE SHOP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RALPH DAGENHART
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ReturnHeader/BusinessOfficerGrp/PhoneNum07046630488
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELCOME HOME VETERANS INC
ReturnHeader/Filer/BusinessNameControlTxt0WELC
ReturnHeader/Filer/EIN0264594172
ReturnHeader/Filer/PhoneNum07046630488
ReturnHeader/Filer/USAddress/AddressLine1Txt0165 N MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0MOORESVILLE
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ReturnHeader/FilingSecurityInformation/IPTm008:49:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273565606
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0280930782
ReturnHeader/PreparerPersonGrp/PhoneNum07047322234
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRI Q BLAKE
ReturnHeader/ReturnTs02019-05-15T08:49:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings