Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
The Welcome Mission
EIN 47-4779852 • 501(c)3 • Fuquayvarina, NC
Profile
Our mission is to rescue young women in need from homelessness, drugs, prostitution, and abuse and then establish them so that they flourish in a relationship with god, the church, their families and their communities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 49.8% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $11,263 (-100%) from 2019
Liabilities
Flat$0
Flat from 2019
Net Assets
Down$0
Down $11,263 (-100%) from 2019
Revenue
Down$40,304
Down $46,629 (-54%) from 2019
Expenses
Down$51,567
Down $32,747 (-39%) from 2019
Net Income
Down-$11,263
Down $13,882 (-530%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $40,304
- Expenses
- $51,567
- Net income
- -$11,263
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 23, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $40,304
Mission and Program Overview
Mission
Our mission is to rescue young women in need from homelessness, drugs, prostitution, and abuse and then establish them so that they flourish in a relationship with god, the church, their families and their communities.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WE SUPPLY WOMEN WITH A HOME TO LIVE IN FREE OF CHARGE, WHERE WE HELP THEM OBTAIN JOBS, CHILDCARE AND EDUCATION IF NEEDED. WE TEACH THEM BASIC LIFE SKILLS TO BE ABLE TO PROVIDE FOR THEMSELVES AND THEIR CHILDREN. | $3,492 | $39,710 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARCUS RENCH | Chief Executive Officer | PT | $16,891 | $3,172 | $20,063 |
| GAIL BARNES | Board Member | - | $0 | - | - |
| LOURI HUNT | Board Member | - | $0 | - | - |
| LAURA JACIMORE | Board Member | - | $0 | - | - |
| CRAIG HAGOOD | Board Member | - | $0 | - | - |
| KELLY HAGOOD | Chair Pro Tem | - | $0 | - | - |
| SUSAN BRADFORD | Board Member | - | $0 | - | - |
| DAX PALMER | Board Member | - | $0 | - | - |
| HOLLY RENCH | Executive Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Welcome Mission
- EIN
- 47-4779852
- Phone
- 9192795763
- Address
- 103 BLANCHARD STREET, FUQUAYVARINA, NC 27526
Signing Officer
- Name
- Marcus Rench
- Title
- Chief Executive Officer
- Phone
- 9192795763
- Signed
- 2021-02-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Williams Overman Pierce Llp
- Address
- 2501 ATRIUM DRIVE SUITE 500, RALEIGH, NC 27607
- Preparer
- Maryellen Prance CPA
- Phone
- 9197823444
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 434. Description: other expenses. Amount: 14,377. Total to form 990-ez, line 14: 14,811.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expense. Amount: 113. Description: client milestone celebrations. Amount: 634. Description: business hospitality. Amount: 712. Description: licenses & permits. Amount: 52. Description: miscellaneous. Amount: 875. Description: personal living exp. Amount: 12,046. Description: bank fees. Amount: 285. Total to form 990-ez, line 16: 14,717.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: deposits. Beg. Of year amount: 75. End of year amount: 0. Description: undeposited funds. Beg. Of year amount: 2,000. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 1,454. End of year amount: 0.”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 113. DESCRIPTION: CLIENT MILESTONE CELEBRATIONS. AMOUNT: 634. DESCRIPTION: BUSINESS HOSPITALITY. AMOUNT: 712. DESCRIPTION: LICENSES & PERMITS. AMOUNT: 52. DESCRIPTION: MISCELLANEOUS. AMOUNT: 875. DESCRIPTION: PERSONAL LIVING EXP. AMOUNT: 12,046. DESCRIPTION: BANK FEES. AMOUNT: 285. TOTAL TO FORM 990-EZ, LINE 16: 14,717. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DEPOSITS. BEG. OF YEAR AMOUNT: 75. END OF YEAR AMOUNT: 0. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,454. END OF YEAR AMOUNT: 0. |
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| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
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Document Assets
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