Welcome Project Inc
Somerville, Massachusetts
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$644K
Total Revenue
📊
$934K
Total Expenses
🏦
$515K
Net Assets
📋
$70K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-33.3%
Year-over-year change (2022 → 2023)
Net Margin
-45.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $644,402↓33% | $934,332↑36% | $584,968↓31% | — |
| 2022 | $966,254↓2% | $685,809 | $844,126↑59% | — |
| 2021 | $989,200↑104% | $684,250↑47% | $531,986↑72% | — |
| 2020 | $484,933↑50% | $466,050↑46% | $309,270↑33% | — |
| 2019 | $323,994↑55% | $319,923↑115% | $232,978↑44% | — |
| 2017 | $208,414↑8% | $148,471↓20% | $161,762↑53% | — |
| 2015 | $193,175↑4% | $185,888↑2% | $105,489↑13% | — |
| 2014 | $185,635↑4% | $181,961↑2% | $93,569↓3% | — |
| 2013 | $177,752↓3% | $178,951↓20% | $96,118↑6% | — |
| 2012 | $182,359↓15% | $222,560↑20% | $91,079↓32% | — |
| 2011 | $213,602 | $185,741 | $134,492 | — |
Frequently Asked Questions
What does Welcome Project Inc do?▼
Welcome Project Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Welcome Project Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Welcome Project Inc.
How much revenue does Welcome Project Inc generate?▼
Welcome Project Inc reports $613K in annual revenue and holds $436K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Massachusetts.