Welcome Home Soldier
Welcome Home Soldier consistently grows assets with low expenses and no reported officer compensation.
EIN: 204882082 · Albia, IA · NTEE: W30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $358K |
| Total Expenses | $114K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.0M |
| Transparency Score | 95/100 |
Is Welcome Home Soldier Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Welcome Home Soldier directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Welcome Home Soldier
Welcome Home Soldier (EIN: 204882082) is a nonprofit organization based in Albia, IA, classified under NTEE code W30. The organization reported total revenue of $358K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Welcome Home Soldier's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Welcome Home Soldier is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $114K |
| Surplus / Deficit | +$245K |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 68.3% |
| Months of Reserves | 212.3 months |
Financial Health Grade: A
In 2023, Welcome Home Soldier reported a surplus of $245K with revenue exceeding expenses, holds 212.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Welcome Home Soldier's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.7% | +4.8% | +18.5% |
| 2022 | -12.6% | -15.6% | +0.7% |
| 2021 | +38.1% | -16.9% | +9.1% |
| 2020 | -31.3% | +3.2% | +2.3% |
| 2019 | -50.2% | +17.0% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Welcome Home Soldier with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Welcome Home Soldier allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $245K, with revenue exceeding expenses.
Executive Compensation Analysis
Welcome Home Soldier reports 0% officer compensation across all 13 available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for an organization of its size with over $2 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Welcome Home Soldier's IRS 990 filings:
- None identified based on the provided financial data.
Strengths
The following positive indicators were identified for Welcome Home Soldier:
- Consistent asset growth (from $429,828 in 2014 to $2,010,804 in 2023).
- Zero liabilities reported across all filings, indicating strong financial stability.
- No reported officer compensation, suggesting high efficiency and volunteer leadership.
- Revenues consistently exceed expenses, leading to healthy surpluses (e.g., $358,303 revenue vs. $113,678 expenses in 2023).
- Excellent spending efficiency with a high percentage of funds likely going to programs.
Frequently Asked Questions about Welcome Home Soldier
Is Welcome Home Soldier a legitimate charity?
Based on AI analysis of IRS 990 filings, Welcome Home Soldier (EIN: 204882082) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Welcome Home Soldier spend its money?
Welcome Home Soldier directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Welcome Home Soldier tax-deductible?
Welcome Home Soldier is registered as a tax-exempt nonprofit (EIN: 204882082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Welcome Home Soldier CEO make?
Welcome Home Soldier's highest-compensated officer earns $2 annually. The organization reported $358K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Welcome Home Soldier's spending goes to programs?
Welcome Home Soldier directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Welcome Home Soldier compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Welcome Home Soldier is above average for NTEE category W30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Welcome Home Soldier located?
Welcome Home Soldier is headquartered in Albia, Iowa and files with the IRS under EIN 204882082. It is classified under NTEE code W30.
How many years of IRS 990 filings does Welcome Home Soldier have?
Welcome Home Soldier has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $358K in total revenue.
Is Welcome Home Soldier a good charity?
Yes, Welcome Home Soldier appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, extremely low expenses relative to revenue, and no reported officer compensation, suggesting high efficiency and a strong focus on its mission.
How does Welcome Home Soldier manage its finances?
The organization manages its finances very conservatively and effectively. It consistently generates significant surpluses (e.g., $358,303 revenue vs. $113,678 expenses in 2023), leading to steady asset growth from $429,828 in 2014 to $2,010,804 in 2023, all while maintaining zero liabilities.
What is Welcome Home Soldier's spending efficiency?
Welcome Home Soldier exhibits excellent spending efficiency. Its total expenses are consistently low compared to its revenue (e.g., 2023 expenses were only 31.7% of revenue), and the absence of officer compensation suggests a very high proportion of funds are directed towards program services and asset building.
Filing History
IRS 990 filing history for Welcome Home Soldier showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Welcome Home Soldier's revenue has grown by 446.7%, moving from $66K to $358K. Total assets increased by 1849.1% over the same period, from $103K to $2.0M. Total functional expenses rose by 46.3%, from $78K to $114K. In its most recent filing year (2023), Welcome Home Soldier reported a surplus of $245K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $114K | $2.0M | $0 | — | View 990 |
| 2022 | $235K | $109K | $1.7M | $0 | — | View 990 |
| 2021 | $269K | $129K | $1.7M | $0 | — | View 990 |
| 2020 | $194K | $155K | $1.5M | $0 | — | View 990 |
| 2019 | $283K | $150K | $1.5M | $0 | — | View 990 |
| 2018 | $568K | $128K | $1.4M | $0 | — | View 990 |
| 2017 | $317K | $114K | $938K | $0 | — | View 990 |
| 2016 | $280K | $85K | $735K | $0 | — | View 990 |
| 2015 | $177K | $66K | $541K | $0 | — | View 990 |
| 2014 | $191K | $24K | $430K | $0 | — | View 990 |
| 2013 | $193K | $73K | $253K | $0 | — | View 990 |
| 2012 | $237K | $207K | $133K | $0 | — | View 990 |
| 2011 | $66K | $78K | $103K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $114K, and assets of $2.0M (revenue +52.7% year-over-year).
- 2022: Revenue of $235K, expenses of $109K, and assets of $1.7M (revenue -12.6% year-over-year).
- 2021: Revenue of $269K, expenses of $129K, and assets of $1.7M (revenue +38.1% year-over-year).
- 2020: Revenue of $194K, expenses of $155K, and assets of $1.5M (revenue -31.3% year-over-year).
- 2019: Revenue of $283K, expenses of $150K, and assets of $1.5M (revenue -50.2% year-over-year).
- 2018: Revenue of $568K, expenses of $128K, and assets of $1.4M (revenue +79.2% year-over-year).
- 2017: Revenue of $317K, expenses of $114K, and assets of $938K (revenue +13.1% year-over-year).
- 2016: Revenue of $280K, expenses of $85K, and assets of $735K (revenue +58.1% year-over-year).
- 2015: Revenue of $177K, expenses of $66K, and assets of $541K (revenue -7.2% year-over-year).
- 2014: Revenue of $191K, expenses of $24K, and assets of $430K (revenue -0.9% year-over-year).
- 2013: Revenue of $193K, expenses of $73K, and assets of $253K (revenue -18.6% year-over-year).
- 2012: Revenue of $237K, expenses of $207K, and assets of $133K (revenue +261.3% year-over-year).
- 2011: Revenue of $66K, expenses of $78K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Welcome Home Soldier:
Data Sources and Methodology
This transparency report for Welcome Home Soldier is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.