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The Welfare Team INC EIN 88-1116415

The Welfare Team INC

EIN  88-1116415 Public foundation / grantmaker Raleigh, NC
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Size
<$100K
What they do
Helps community members facing financial difficulties.
Leadership
Ebrima Jeng · Presdent
Money in and out
$0 revenue, $0 expenses

Helps community members facing financial difficulties. For fiscal year 2025 it reported $0 in revenue, $0 in expenses, and $59K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$59K
Pt X · Ln 32

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$0
FY2025
Expenses
$0
FY2025
Total assets
$59K
FY2025▼ -14%
Total liabilities
$0
FY2025
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$59K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$59K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Financial assistance to community and members

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Welfare Team INC
EINHdr · item D88-1116415
Principal addressHdr · item CRaleigh, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFMay 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Ebrima Jeng
Presdent
$0Pt VII · Sec A
Habib Badjan
Treasurer
$0Pt VII · Sec A
Modou Gaye
Secretary & Director
$0Pt VII · Sec A
Omar Mbowe
Chief Operations Officer & Director
$0Pt VII · Sec A
Ramatoulie Bah
Deputy COO & Director
$0Pt VII · Sec A
See The Welfare Team INC executive salaries →

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Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$59K
Total liabilitiesLn 26$0
Total net assetsLn 32$59K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
—
Management & General
Management & general $0 · Total expenses $0
—
Fundraising
Fundraising $0 · Total expenses $0
—
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
—
Government reliance
Government grants — · Total revenue $0
—
Earned-income share
Program service revenue $0 · Total revenue $0
—
Investment reliance
Investment income $0 · Total revenue $0
—
Program self-sufficiency
Program service revenue $0 · Total expenses $0
—
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $59K · Beginning of year $59K
0%
Balance sheet
Surplus Margin
Revenue $0 · Expenses $0
—
Liabilities-to-Assets
Total liabilities $0 · Total assets $59K
0%
Net-asset ratio
Net assets $59K · Total assets $59K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $59K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ebrima Jeng · Reported title PRESDENT · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Grants

Schedule I · funders on record
Grants received · FY2023
The Walser FoundationFY2023$250
Total grants receivedfrom 1 funder$250

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2024$0 revenue · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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