Civic Intelligence

Welcome Home Vets of New Jersey Inc

EIN 27-0620152 • 501(c)3 • Cedar Knolls, NJ

Profile

Charity for us military veterans and their families.

178 East Hanolver Ave Suite 103-326Cedar Knolls, NJ 07927

welcomehomevetsofnj.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.01x

Higher debt load relative to assets than 74% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.01x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Source year 2024

Net Margin

60th percentile

21%

Higher net margin than 60% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE W30 • <$500k nonprofits • Source year 2024

Asset Growth

82nd percentile

57%

Faster asset growth than 82% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

90%

Faster revenue growth than 84% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$70,038

Up $25,544 (+57%) from 2023

Liabilities

$935

No earlier filing loaded for comparison.

Net Assets

Up

$69,103

Up $24,609 (+55%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin60th percentile

Revenue

Up

$117,166

Up $55,510 (+90%) from 2023

Expenses

Up

$92,557

Up $19,739 (+27%) from 2023

Net Income

Up

$24,609

Up $35,771 (+320%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2021: $63,324Net Assets 2021: $63,3242021Assets 2023: $44,494Net Assets 2023: $44,4942023Assets 2024: $70,038Liabilities 2024: $935Net Assets 2024: $69,1032024

Highlighted filing

2024

Assets$70,038
Liabilities$935
Net Assets$69,103
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2021: $63,835Expenses 2021: $32,318Net Income 2021: $31,5172021Revenue 2023: $61,656Expenses 2023: $72,818Net Income 2023: -$11,1622023Revenue 2024: $117,166Expenses 2024: $92,557Net Income 2024: $24,6092024

Highlighted filing

2024

Revenue$117,166
Expenses$92,557
Net Income$24,609
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,038
Liabilities
$935
Net assets
$69,103
Revenue
$117,166
Expenses
$92,557
Net income
$24,609
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.01$0.69$1.17$0.93$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.62$0.73$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.63$0.64$0.32$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$117,166
Mission and Program Overview

Mission

Charity for us military veterans and their families.

Program Services

DescriptionGrantsExpenses
Welcome Home Vets Fund of New Jersey ,Inc. {"WHV") is a public charity created for the benefit of Veterans of the U.S. Military and their families. WHV depends on donations for its mission. Every dollar raised goes toward WHV's mission. Each and every one of our Board of Trustees, members, and officers serves WHV as a volunteer, without compensation of any kind. WHV's members donate their time organizing fundraisers for WHV, calling upon friends, colleagues and family to contribute to our cause, and constantly networking to identify Veterans in need and finding solutions for them. The main program utilized by WHV to help Veterans is case work, which consists of meeting with Veterans to understand and assess their needs. This work is essential, substantial, and often complicated. Upon understanding and assessing the Veteran's needs, WHV offers whatever appropriate assistance it can provide which can include: (i) financial aid, {ii) providing the Veteran with information about benefits to which the Veteran might be entitled and assisting with applications relating thereto, or {iii) directing the Veteran to others within WHV or outside of WHV who can help with whatever problems need solving including lawyers and other charities. The "expenses" of WHV consist primarily and predominantly of financial aid on behalf of a Veteran or his/her family, followed by a smaller portion of aid to the other charities which serve as an invaluable resource to WHV's mission. From time to time, WHV conducts its own fundraising events with the resources donated by its volunteers, to minimize vendor expenses as much as possible. WHV does not use professional fundraisers or marketers. More often, however, other charities and organizations raise funds for WHV, enabling WHV to spend its time on case work rather than fundraising.$27,585$54,667
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE T HANLEYEmeritus-$0--
VAL DIGIACINTOTrustee/Pres-$0--
GENE ELWOODTrustee-$0--
NORUS ACHMETOVTrustee-$0--
ROBERT MCDONNELLVice President-$0--
NEBOJSA VIC ZLATANOVICTrustee-$0--
GUIDO WEBERTrustee/Sec/Tre-$0--
EVAN KALTMANTrustee-$0--
ROHNDA WASHNERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Welcome Home Vets of New Jersey Inc
EIN
27-0620152
Phone
9732000805
Address
178 EAST HANOLVER AVE SUITE 103-326, CEDAR KNOLLS, NJ 07927

Signing Officer

Name
Guido Weber
Title
Trustee/Sec & Treas
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
JLC Accounting LLC
Address
12 Smull Avenue, Caldwell, NJ 07006
Preparer
Lucy Cannavale CPA
Phone
2013031488
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.18

“| Donee's Name: BRANCHBURG ROTARY | Cash Amount Given: $23000”

Other Expenses.1001

“Advertising and Promotion $311”

Other Expenses.1012

“Insurance $1658”

Other Expenses.1

“EVENTS $2814”

Other Expenses.2

“FILING FEES $358”

Other Expenses.3

“BANK FEES $179”

Other Assets.1

“GAS GIFT CARDS - Beginning $2500 GAS GIFT CARDS - Ending $2500”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $935”

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