Civic Intelligence

Operation Homefront 2014 Amended

990 • Fiscal year 2014 • EIN 32-0033325

Jan 01, 2014 to Dec 31, 2014 • Filed on Dec 15, 2015

1355 Central Parkway SSan Antonio, TX 78232

(210) 659-7756

Siviq Scores

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

Liabilities / Assets

18th percentile

0.05x

Higher debt load relative to assets than 18% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

9th percentile

0.04x

Higher debt load relative to revenue than 9% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-14%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$56,382,123

Up $7,049,371 (+14%) from 2013

Net Assets

Up

$53,808,317

Up $6,728,560 (+14%) from 2013

Liabilities

Up

$2,573,806

Up $320,811 (+14%) from 2013

Revenue

Down

$62,205,361

Down $9,806,866 (-14%) from 2013

Expenses

Up

$55,096,685

Up $6,349,405 (+13%) from 2013

Net Income

Down

$7,108,676

Down $16,156,271 (-69%) from 2013

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2012: $24,777,508Liabilities 2012: $1,303,053Net Assets 2012: $23,474,4552012Assets 2013: $49,332,752Liabilities 2013: $2,252,995Net Assets 2013: $47,079,7572013Assets 2014: $56,382,123Liabilities 2014: $2,573,806Net Assets 2014: $53,808,3172014Assets 2015: $53,520,927Liabilities 2015: $2,365,600Net Assets 2015: $51,155,3272015Assets 2016: $41,633,249Liabilities 2016: $1,611,430Net Assets 2016: $40,021,8192016Assets 2017: $33,138,696Liabilities 2017: $1,912,495Net Assets 2017: $31,226,2012017Assets 2018: $30,650,468Liabilities 2018: $1,709,230Net Assets 2018: $28,941,2382018Assets 2019: $29,215,422Liabilities 2019: $2,037,884Net Assets 2019: $27,177,5382019Assets 2020: $28,828,570Liabilities 2020: $1,740,636Net Assets 2020: $27,087,9342020Assets 2021: $30,804,944Liabilities 2021: $2,131,972Net Assets 2021: $28,672,9722021Assets 2022: $51,018,003Liabilities 2022: $3,783,390Net Assets 2022: $47,234,6132022Assets 2023: $54,856,652Liabilities 2023: $4,366,185Net Assets 2023: $50,490,4672023Assets 2024: $54,330,820Liabilities 2024: $3,578,418Net Assets 2024: $50,752,4022024

Highlighted filing

2014

Assets$56,382,123
Liabilities$2,573,806
Net Assets$53,808,317

Operations Trend

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

$100M$50M$0-$50MExpenses 2012: $54,349,9492012Revenue 2013: $72,012,227Expenses 2013: $48,747,280Net Income 2013: $23,264,9472013Revenue 2014: $62,205,361Expenses 2014: $55,096,685Net Income 2014: $7,108,6762014Revenue 2015: $50,452,158Expenses 2015: $52,833,507Net Income 2015: -$2,381,3492015Revenue 2016: $45,106,623Expenses 2016: $56,349,040Net Income 2016: -$11,242,4172016Revenue 2017: $39,565,701Expenses 2017: $48,352,893Net Income 2017: -$8,787,1922017Revenue 2018: $45,612,144Expenses 2018: $47,895,563Net Income 2018: -$2,283,4192018Revenue 2019: $44,699,263Expenses 2019: $46,461,323Net Income 2019: -$1,762,0602019Revenue 2020: $39,257,522Expenses 2020: $39,339,707Net Income 2020: -$82,1852020Revenue 2021: $40,861,039Expenses 2021: $39,276,932Net Income 2021: $1,584,1072021Revenue 2022: $62,997,478Expenses 2022: $43,995,979Net Income 2022: $19,001,4992022Revenue 2023: $47,510,533Expenses 2023: $45,390,806Net Income 2023: $2,119,7272023Revenue 2024: $43,899,440Expenses 2024: $44,296,231Net Income 2024: -$396,7912024

Highlighted filing

2014

Revenue$62,205,361
Expenses$55,096,685
Net Income$7,108,676
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Dec 15, 2015
Return Version
2014v6.0
Gross Receipts
$65,280,117
Mission and Program Overview

Mission

Operation homefront (oh) provides emergency financial and other assistance to the families of our service members and wounded warriors

Operation homefront (oh) provides emergency financial and other assistance to the families of our service members and wounded warriors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,040,135$4,244,474▼ $1,795,661
Cash and Non-Interest-Bearing Accounts$3,038,093$3,600,831▲ $562,738
Pledges and Grants Receivable$492,981$3,180,638▲ $2,687,657
Savings and Temporary Cash Investments$1,643,552$677,315▼ $966,237
Land, Buildings, and Equipment, Net$400,686$627,174▲ $226,488
Prepaid Expenses and Deferred Charges$329,826$241,895▼ $87,931
Inventories for Sale or Use$27,597$33,234▲ $5,637
Accounts Receivable$23,986$10,860▼ $13,126
Investments Other Securities$200$200→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$49,332,752$56,382,123▲ $7,049,371
Other Assets Total$37,335,696$43,765,502▲ $6,429,806
Liabilities
Accounts Payable and Accrued Expenses$2,152,995$2,403,806▲ $250,811
Deferred Revenue$100,000$170,000▲ $70,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,252,995$2,573,806▲ $320,811
Net Assets / Fund Balance
Temporarily Rstr Net Assets$35,230,320$47,807,240▲ $12,576,920
Unrestricted Net Assets$11,849,437$6,001,077▼ $5,848,360
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$47,079,757$53,808,317▲ $6,728,560
Total Liabilities and Net Assets / Fund Balance$49,332,752$56,382,123▲ $7,049,371

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$383,505$317,253$700,758
Other Land Buildings$223,669$144,240$367,909
Land$20,000-$20,000
Other Assets Org$20,035--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim KnottsPresident/CEOFT$181,095$19,853$200,948
Jimmy ConnellCTOFT$117,973$23,824$141,797
Laura YzaguirreCFOFT$125,776$7,941$133,717
Tim FarrellCOO/interim President/CEOFT$129,926-$129,926

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Seeking HrAttorney Services237 WEST TRAVIS ST STE 100, San Antonio, TX 78205$517,373
BkdAccounting Services10001 REUNION PLACE STE 400, San Antonio, TX 78216$138,152
King Sommer LLPAttorney Services200 CONCORD PLAZA STE 425, San Antonio, TX 78216$101,027
Revenue and Support

Revenue Composition

Contributions and Grants
$61,458,965
Program Service Revenue
$0
Investment Income
$466,334
Other Revenue
$280,062
All Other Contributions
$61,458,965
Change in Net Assets
$7,108,676

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential143$21,527,997Fair Market Value (FMV)
Clothing and Household Goods-$13,872,637Fair Market Value (FMV)
Food Inventory1,973$1,480,050Fair Market Value (FMV)
Other Non Cash Contri Table3,637$381,240Fair Market Value (FMV)
Cars and Other Vehicles1$16,123Fair Market Value (FMV)
Total Noncash Contributions5,754$37,278,047-

Audited Revenue Reconciliation

Revenue per Audited Statements
$62,145,057
Revenue Not Reported on Financial Statements
$60,304
Revenue Not Reported on Form 990
$-115,242
Total Revenue per Audited Statements
$62,029,815
Total Revenue per Form 990
$62,205,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$41,741,823
Salaries, Compensation, and Employee Benefits$7,670,516
Other Expenses$5,619,346
Total Fundraising Expense$2,038,730
Professional Fundraising Fees$65,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$41,741,823--$41,741,823
Other Salaries and Wages$4,445,393$1,023,952$959,060$6,428,405
Fees for Services Other$1,036,789$238,814$223,679$1,499,282
Office Expenses$757,379$174,455$163,399$1,095,233
Travel$752,692$173,375$162,387$1,088,454
Occupancy$735,991$169,528$158,784$1,064,303
Payroll Taxes$361,773$83,331$78,050$523,154
Other Employee Benefits$284,046$65,427$61,281$410,754
Current Officers, Directors, Trustees, and Key Employees$162,069$37,331$34,965$234,365
Conferences and Meetings$156,789$36,115$33,826$226,730
Depreciation Depletion$128,050$29,495$27,626$185,171
Fees for Services Accounting$108,853$25,073$23,484$157,410
Fees for Services Legal$97,771$22,521$21,093$141,385
Other Expenses$63,573$14,643$13,716$91,932
Pension Plan Contributions$51,061$11,761$11,016$73,838
Fees for Services Professional Fundraising--$65,000$65,000
Fees for Service Investment Mgmnt Fees-$60,304-$60,304
Total Functional Expenses$50,890,374$2,167,581$2,038,730$55,096,685

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$55,301,255
Total Expenses per Form 990$55,096,685
Expenses per Audited Statements$55,036,381
Expenses Not Reported on Form 990$264,874
Expenses Not Reported on Financial Statements$60,304
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$519,026
Fundraising Direct Expenses$248,113
Professional Fundraising Fees$65,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$189,050$189,050$76,264$112,786
Marathons$146,265$146,265$30,887$115,378
Total Events$519,026$519,026$248,113$270,913
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Question 11B

The form 990 is reviewed by all officers, directors, and key employees to ensure the information agrees with the audited financial statements and is in compliance with internal revenue service requirements.

Form 990, Part VI, Question 12C

Each year, all officers are required to review and recertify the conflict of interest policy. It is also addressed midyear in the board assessment.

Form 990, Part VI, Question 15A

Independent board officers, directors, and trustees are not compensated. An executive compensation study was performed during june 2014. The study looked at a number of factors including job content, organizational revenue and profile, industry, and geographic region. This compensation survey was used to determine employee compensation. The last review was performed december 2014.

Form 990, Part VI, Question 15B

Board officers, directors, and trustees are not compensated. An executive compensation study was performed during june 2014. The study looked at a number of factors including job content, organizational revenue and profile, industry, and geographic region. This compensation survey was used to determine employee compensation. The last review was performed december 2014.

Form 990, Part VI, Line 1A - Amendment 1

Number of voting members was changed from 21 to 18.

Form 990, Part VI, Line 1B - Amendment 1

Number of independent voting members was changed from 20 to 17.

Form 990, Part VII, Line 1A - Amendment 1

Joseph kilkenny was added as a director and tim farrell's position was changed to officer.

Filing and Contact Details

Filer

Filer Name
Operation Homefront Inc
EIN
32-0033325
In Care Of
% OPERATION HOMEFRONT INC
Phone
2106597756
Address
1355 CENTRAL PARKWAY S, SAN ANTONIO, TX 78232

Signing Officer

Name
John I Pray Jr
Title
President/CEO
Phone
2106597756
Signed
2015-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John I Pray Jr
Formed
2002
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
17
Employees
167
Volunteers
2,500

Preparer

Firm
Bkd Llp
Address
10001 REUNION PLACE SUITE 400, SAN ANTONIO, TX 78216-4137
Preparer
John R Bruce CPA
Phone
2103419400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4 - Amendment 1

Program service expenses were corrected to match part ix, column b, line 25.

Form 990, Part X, Lines 27 and 28 - Amendment 2

The amounts reported as unrestricted net assets and temporarily restricted net assets are being corrected to agree with the organization's audited financial statements. The total net asset balance is unchanged.

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