Civic Intelligence

Heroes for Heroes

990 • Fiscal year 2015 • EIN 20-5757836

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

8750 N Central ExpyDallas, TX 75231

(469) 930-6694

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

88th percentile

$98,697

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

94th percentile

111%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$243,034

Up $127,961 (+111%) from 2014

Net Assets

Up

$243,034

Up $127,961 (+111%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$666,751

Up $116,013 (+21%) from 2014

Expenses

Up

$538,790

Up $64,855 (+14%) from 2014

Net Income

Up

$127,961

Up $51,158 (+67%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0-$200MAssets 2013: $68,184Liabilities 2013: $02013Assets 2014: $115,073Liabilities 2014: $0Net Assets 2014: $115,0732014Assets 2015: $243,034Liabilities 2015: $0Net Assets 2015: $243,0342015Assets 2016: $246,122Liabilities 2016: $0Net Assets 2016: $246,1222016Assets 2017: $247,562Liabilities 2017: $0Net Assets 2017: $247,5622017Assets 2018: $478,273Liabilities 2018: $0Net Assets 2018: $478,2732018Assets 2019: $351,762Liabilities 2019: $0Net Assets 2019: $351,7622019Assets 2020: $425,288Liabilities 2020: $0Net Assets 2020: $425,2882020Assets 2021: $384,495Liabilities 2021: $44,144Net Assets 2021: $340,3512021Assets 2022: $407,277Liabilities 2022: $29Net Assets 2022: $407,2482022Assets 2023: $580,849,326Liabilities 2023: -$337Net Assets 2023: $580,849,6632023Assets 2024: $271,027Liabilities 2024: -$337Net Assets 2024: $271,3642024

Highlighted filing

2015

Assets$243,034
Liabilities$0
Net Assets$243,034

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $194,546Expenses 2013: $137,050Net Income 2013: $57,4962013Revenue 2014: $550,738Expenses 2014: $473,935Net Income 2014: $76,8032014Revenue 2015: $666,751Expenses 2015: $538,790Net Income 2015: $127,9612015Revenue 2016: $575,573Expenses 2016: $572,484Net Income 2016: $3,0892016Revenue 2017: $529,506Expenses 2017: $528,066Net Income 2017: $1,4402017Revenue 2018: $956,633Expenses 2018: $725,922Net Income 2018: $230,7112018Revenue 2019: $877,644Expenses 2019: $1,004,155Net Income 2019: -$126,5112019Revenue 2020: $725,731Expenses 2020: $652,205Net Income 2020: $73,5262020Revenue 2021: $649,911Expenses 2021: $734,848Net Income 2021: -$84,9372021Revenue 2022: $711,838Expenses 2022: $644,941Net Income 2022: $66,8972022Revenue 2023: $332,779Expenses 2023: $429,835Net Income 2023: -$97,0562023Revenue 2024: $271,508Expenses 2024: $310,336Net Income 2024: -$38,8282024

Highlighted filing

2015

Revenue$666,751
Expenses$538,790
Net Income$127,961
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.0
Gross Receipts
$889,016
Mission and Program Overview

Mission

Sons of the flag revolutionizes burn care and quality of life for veterans, first responders, and families through awareness, research & development, surgical programs, capital funding of burn unit equipment, and direct burn survivor support.

Sons of the flag is vigilantly committed to supporting military, first-responder, and civilian burn survivors by providing funds for research, medical fellowships, and direct support for those impacted by a traumatic burn, as well as their families. It is their deepest desire that no human being suffer the devastation of a traumatic burn. But until that vision becomes a reality, sons of the flag is committed to being a resource before a burn happens, once a burn happens, and long after initial treatment is done.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,539$236,793▲ $123,254
Land, Buildings, and Equipment, Net$1,529$3,875▲ $2,346
Receivables From Officers Etc-$1,250-
Other Notes and Loans Receivable, Net-$1,116-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$115,073$243,034▲ $127,961
Other Assets Total$5$0▼ $5
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$115,073$243,034▲ $127,961
Total Net Assets Fund Balance$115,073$243,034▲ $127,961
Total Liabilities and Net Assets / Fund Balance$115,073$243,034▲ $127,961

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,866$559$3,425
Other Land Buildings$1,009$1,116$2,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan ParrottCEOFT$98,697$98,697

Board Members and Trustees

NameTitle
Steve WoodsPresident
Ryan HymanVice President
Bill CorriganBoard Member
Connie BoucherBoard Member
Jamie CoatesBoard Member
Jill BassBoard Member
Robert HaltonBoard Member
SCOTT O'GRADYBoard Member
Stephen SchmidtBoard Member
Thomas GleasonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$517,662
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$149,089
All Other Contributions
$517,662
Change in Net Assets
$127,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$420,565
Salaries, Compensation, and Employee Benefits$118,225
Total Fundraising Expense$112,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$39,479$19,739$39,479$98,697
Occupancy-$38,486-$38,486
All Other Expenses$16,393$4,046$5,684$26,123
Advertising--$15,897$15,897
Payroll Taxes$5,937$2,586$5,172$13,695
Fees for Services Accounting-$8,743-$8,743
Other Expenses$51,750$8,020$40,500$8,020
Travel$3,368$4,193-$7,561
Fees for Services Other-$1,245$5,754$6,999
Other Salaries and Wages$5,833--$5,833
Insurance-$3,109-$3,109
Office Expenses-$3,092-$3,092
Conferences and Meetings$624$1,715-$2,339
Depreciation Depletion-$1,079-$1,079
Total Functional Expenses$296,195$130,109$112,486$538,790
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$360,417
Fundraising Direct Expenses$206,042
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ssff 2015$188,005$188,005$102,542$85,463
Country for Country$118,264$118,264$61,815$56,449
Total Events$358,572$358,572$206,042$152,530
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$1,250-
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Delegated duties of operations and partial fund raising.

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by responsible parties: officers and directors of the organization.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Heroes for Heroes Dba Sons of the Flag
EIN
20-5757836
Phone
4699306694
Address
8750 N CENTRAL EXPY, DALLAS, TX 75231

Signing Officer

Name
Ryan Parrott
Title
President
Signed
2016-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Parrott
Formed
2007
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
10
Employees
2

Preparer

Firm
Fox Byrd & Company Pc Cpas
Address
12001 N CENTRAL EXPY STE 500, DALLAS, TX 75243-3794
Preparer
S Curtis Grantham CPA
Phone
2146968320
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IRS990/MissionDesc0SONS OF THE FLAG IS VIGILANTLY COMMITTED TO SUPPORTING MILITARY, FIRST-RESPONDER, AND CIVILIAN BURN SURVIVORS BY PROVIDING FUNDS FOR RESEARCH, MEDICAL FELLOWSHIPS, AND DIRECT SUPPORT FOR THOSE IMPACTED BY A TRAUMATIC BURN, AS WELL AS THEIR FAMILIES. IT IS THEIR DEEPEST DESIRE THAT NO HUMAN BEING SUFFER THE DEVASTATION OF A TRAUMATIC BURN. BUT UNTIL THAT VISION BECOMES A REALITY, SONS OF THE FLAG IS COMMITTED TO BEING A RESOURCE BEFORE A BURN HAPPENS, ONCE A BURN HAPPENS, AND LONG AFTER INITIAL TREATMENT IS DONE.
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IRS990/OtherAssetsTotalGrp/EOYAmt00
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IRS990/OtherExpensesGrp/Desc0HOSPITAL & DOCTOR SUPPORT
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2COMPUTER EXPENSE
IRS990/OtherExpensesGrp/Desc3OUTSIDE CONTRACT SERVICES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28020
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IRS990/OtherExpensesGrp/ProgramServicesAmt151750
IRS990/OtherExpensesGrp/TotalAmt0172811
IRS990/OtherExpensesGrp/TotalAmt1112500
IRS990/OtherExpensesGrp/TotalAmt213806
IRS990/OtherExpensesGrp/TotalAmt38020
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IRS990/OtherSalariesAndWagesGrp/TotalAmt05833
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02586
IRS990/PayrollTaxesGrp/ProgramServicesAmt05937
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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0RYAN PARROTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0348121
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0392233
IRS990/PYOtherRevenueAmt0202617
IRS990/PYRevenuesLessExpensesAmt076803
IRS990/PYSalariesCompEmpBnftPaidAmt081702
IRS990/PYTotalExpensesAmt0473935
IRS990/PYTotalRevenueAmt0550738
IRS990/QuidProQuoContributionsInd0false
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IRS990/RegularMonitoringEnfrcInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0386528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0201896
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01443107
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01116
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02125
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IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SSFF 2015
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0COUNTRY FOR COUNTRY
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELEGATED DUTIES OF OPERATIONS AND PARTIAL FUND RAISING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY RESPONSIBLE PARTIES: OFFICERS AND DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

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