Civic Intelligence

Homes for Heroes Foundation

990EZ • Fiscal year 2016 • EIN 26-3538794

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 25, 2017

9201 West Broadway Avenue No 615Minneapolis, MN 55445

(866) 974-4376

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

29th percentile

-6.1%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-40%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

-0.1%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$10,379

Down $7,022 (-40%) from 2015

Net Assets

Down

$9,879

Down $7,022 (-42%) from 2015

Liabilities

Flat

$500

Flat from 2015

Revenue

Down

$115,104

Down $131 (-0.1%) from 2015

Expenses

Down

$122,126

Down $5,379 (-4.2%) from 2015

Net Income

Up

-$7,022

Up $5,248 (+43%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $17,401Liabilities 2015: $500Net Assets 2015: $16,9012015Assets 2016: $10,379Liabilities 2016: $500Net Assets 2016: $9,8792016Assets 2017: $52,656Liabilities 2017: $500Net Assets 2017: $52,1562017Assets 2018: $51,393Liabilities 2018: $500Net Assets 2018: $50,8932018Assets 2019: $92,078Liabilities 2019: $0Net Assets 2019: $92,0782019Assets 2020: $133,815Liabilities 2020: $0Net Assets 2020: $133,8152020Assets 2021: $208,972Liabilities 2021: $0Net Assets 2021: $208,9722021Assets 2022: $200,106Liabilities 2022: $0Net Assets 2022: $200,1062022Assets 2023: $107,639Liabilities 2023: $0Net Assets 2023: $107,6392023Assets 2024: $157,590Liabilities 2024: $0Net Assets 2024: $157,5902024

Highlighted filing

2016

Assets$10,379
Liabilities$500
Net Assets$9,879

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $115,235Expenses 2015: $127,505Net Income 2015: -$12,2702015Revenue 2016: $115,104Expenses 2016: $122,126Net Income 2016: -$7,0222016Revenue 2017: $117,784Expenses 2017: $75,507Net Income 2017: $42,2772017Revenue 2018: $133,519Expenses 2018: $134,782Net Income 2018: -$1,2632018Revenue 2019: $176,735Expenses 2019: $135,550Net Income 2019: $41,1852019Revenue 2020: $187,482Expenses 2020: $145,745Net Income 2020: $41,7372020Revenue 2021: $239,570Expenses 2021: $164,413Net Income 2021: $75,1572021Revenue 2022: $252,687Expenses 2022: $261,553Net Income 2022: -$8,8662022Revenue 2023: $170,085Expenses 2023: $262,552Net Income 2023: -$92,4672023Revenue 2024: $230,596Expenses 2024: $180,645Net Income 2024: $49,9512024

Highlighted filing

2016

Revenue$115,104
Expenses$122,126
Net Income-$7,022
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 25, 2017
Return Version
2016v3.0
Gross Receipts
$115,104
Mission and Program Overview

Mission

The homes for heroes charitable foundation mission is to assist heroes who are in dire housing needs.

Program Services

DescriptionGrantsExpenses
THE HOMES FOR HEROES CHARITABLE FOUNDATION MISSION IS TO ASSIST THOSE HEROES WHO ARE IN DIRE HOUSING NEEDS. TYPICALLY, THIS MEANS PAYING PAST DUE AMOUNTS TO AVOID EVICTION OR FORECLOSURE, OR PROVIDE DEPOSITS AND FIRST AND LAST MONTH'S RENT TO GET PEOPLE OUT OF HOMELESSNESS. WE ALSO TRY TO ASSIST THOSE IN NEED OF SERIOUS REPAIRS, BUT THAT REALLY DEPENDS ON THE TALENT WE HAVE ON THE GROUND THROUGH OUR NETWORK NEAR THE SUBJECT PROPERTY. IN 2016 THE FOUNDATION ASSISTED 262 HEROES OF THAT NUMBER 90 % WERE TO BE EVICTED AND WOULD BE HOMELESS. 95% OF REQUESTS ARE SERVICE CONNECTED DISABLED VETERANS.$118,967$121,141
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JILL JOHNSONBoard Chair-$0--
JOHN PACHECOTreasurer-$0--
HELEN JOHNSONDirector-$0--
RUTH JOHNSONDirector-$0--
DANIEL STATSICKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Homes for Heroes Foundation
EIN
26-3538794
Phone
8669744376
Address
9201 WEST BROADWAY AVENUE NO 615, MINNEAPOLIS, MN 55445

Signing Officer

Name
Ruth Johnson
Title
Director
Phone
8669744376
Signed
2017-07-25
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Karen Gries
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 787. Description: insurance. Amount: 1,298. Description: annual registration fees. Amount: 35. Description: miscellaneous expenses. Amount: 54. Total to form 990-ez, line 16: 2,174.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loan from homes for heroes, inc.. Beg. Of year amount: 500. End of year amount: 500.

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSES. AMOUNT: 787. DESCRIPTION: INSURANCE. AMOUNT: 1,298. DESCRIPTION: ANNUAL REGISTRATION FEES. AMOUNT: 35. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 54. TOTAL TO FORM 990-EZ, LINE 16: 2,174.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOAN FROM HOMES FOR HEROES, INC.. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RUTH JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08669744376
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-25
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ReturnHeader/Filer/EIN0263538794
ReturnHeader/Filer/PhoneNum08669744376
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ReturnHeader/FilingSecurityInformation/IPTm012:09:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 SOUTH SIXTH STREET SUITE 300
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ReturnHeader/PreparerPersonGrp/PhoneNum06123764500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN GRIES
ReturnHeader/ReturnTs02017-07-28T12:59:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings