990 Scout/ Velkommen INC/ Financials

Financial Information for Velkommen INC

Velkommen INC's annual revenue was $105K in tax year 2024, reported on their IRS Form 990. They spent $140K in total expenses. 85% went to programs and services.

Financial Breakdown

What is Velkommen INC's total annual expenses?

Velkommen INC spent $140K in tax year 2024, according to their IRS Form 990 filing.

How much of Velkommen INC's budget goes to programs?

Velkommen INC spent $119K (85% of expenses) on programs and services in tax year 2024.

How much does Velkommen INC spend on overhead?

Velkommen INC's overhead in tax year 2024 includes administrative (15%) and fundraising (0%) of their expenses.

What is Velkommen INC's net worth?

Velkommen INC had net assets of −$665K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.