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Texas · Nonprofit

WELEAD

WELEAD (Texas) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Houston Arts Alliance ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$129k
Funders on record
1
Grants received
$10k
Net assets
$10k
0/1 repeat funders
01What it does

What Welead does

Mission

Organized exclusively for charitable and educational purpose to support cultural/global understanding and exhibit West African culture to under-served communities.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Nigeria Cultural Parade & Festival to support cultural understanding and educate communities on West African communities through performing arts, traditions, and exhibitions. A minimum of 3,000 individuals benefitted from the program and promoted tourism to the City of Houston.

    $36,227 spentof which $49,074 as grants
    31% of program spending
  2. Nigeria Masquerade Exhibition to support cultural understanding and educate communities on West African culture through performing marts, traditions, and exhibitions. A minimum of 500 individuals including local artists benefitted from the program and promoted tourism to the City of Houston.

    $0 spent
    0% of program spending
  3. AU Ambassadors Ball and the Diaspora Business Roundtable provided access to key information to support economic development with small medium enterprises. Provided a forum to network and support bilateral trade with Africa and the United States.

    $38,751 spentof which $67,250 as grants
    33% of program spending
  4. Welead general program management

    $41,629 spentof which $40,728 as grants
    36% of program spending

The 4 programs described on its FY2025 Form 990-EZ. Program spending in total: $116,607.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($145k) Expenses 100 ($143k) Net assets 100 ($17k)2023 Revenue 485 ($702k) Expenses 493 ($704k) Net assets 53 ($9k)2024 Revenue 54 ($79k) Expenses 55 ($79k) Net assets 53 ($9k)2025 Revenue 89 ($129k) Expenses 89 ($128k) Net assets 58 ($10k)
2022202320242025
Revenue (89)Expenses (89)Net assets (58)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $17k to $9k (−47%).

$17k
$9k
$9k
$10k
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

94% of WELEAD’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).

This organization
Typical peer · 6,387 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$2k
’22
−$2k
’23
−$118
’24
$901
’25
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Linda Truscott

Executive Director

As listed on its FY2025 Form 990-EZ.

20232024
Listed44
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'21
total
$10k
funders
1

From the IRS filings of WELEAD’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WELEAD's grant income comes from Texas funders.

TX

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WELEAD receives grants from 1 organization whose IRS filings report $10k to it.

Operating margin1% · below the median
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 3,482 youth development nonprofits $100k–$1M, FY2025

Organizations like WELEAD

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TX

Screen this organization

A dated, signed PDF of the compliance screen for WELEAD: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WELEAD?
WELEAD (Texas) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Houston Arts Alliance ($10,000). 0 of them have funded it in more than one year.
How many funders does WELEAD have?
IRS filings report 1 organization giving $10,000 in grants to WELEAD.
Who is the largest funder of WELEAD?
Houston Arts Alliance is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like WELEAD find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Welead →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing