Civic Intelligence

Operation Homefront 2014 Amended

990 • Fiscal year 2018 • EIN 32-0033325

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

1355 Central Parkway S No 100San Antonio, TX 78232

(210) 659-7756

Siviq Scores

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

Liabilities / Assets

25th percentile

0.06x

Higher debt load relative to assets than 25% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

10th percentile

0.04x

Higher debt load relative to revenue than 10% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

19th percentile

-5.0%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

80th percentile

$441,118

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

12th percentile

-7.5%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$30,650,468

Down $2,488,228 (-7.5%) from 2017

Net Assets

Down

$28,941,238

Down $2,284,963 (-7.3%) from 2017

Liabilities

Down

$1,709,230

Down $203,265 (-11%) from 2017

Revenue

Up

$45,612,144

Up $6,046,443 (+15%) from 2017

Expenses

Down

$47,895,563

Down $457,330 (-0.9%) from 2017

Net Income

Up

-$2,283,419

Up $6,503,773 (+74%) from 2017

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

2018

Assets$30,650,468
Liabilities$1,709,230
Net Assets$28,941,238

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

2018

Revenue$45,612,144
Expenses$47,895,563
Net Income-$2,283,419
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$46,204,168
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 builds strong, stable, and secure military families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,887,026$6,225,354▲ $4,338,328
Investments in Publicly Traded Securities$2,561,187$1,945,056▼ $616,131
Cash and Non-Interest-Bearing Accounts$1,944,514$1,685,362▼ $259,152
Land, Buildings, and Equipment, Net$440,858$1,343,815▲ $902,957
Prepaid Expenses and Deferred Charges$213,660$406,989▲ $193,329
Savings and Temporary Cash Investments$290,185$165,132▼ $125,053
Inventories for Sale or Use$5,170$0▼ $5,170
Total Assets$33,138,696$30,650,468▼ $2,488,228
Other Assets Total$25,796,096$18,878,760▼ $6,917,336
Liabilities
Accounts Payable and Accrued Expenses$1,212,784$1,327,141▲ $114,357
Escrow Account Liability$631,515$347,283▼ $284,232
Mortgage Notes Payable Secured by Investment Property$68,196$34,806▼ $33,390
Total Liabilities$1,912,495$1,709,230▼ $203,265
Net Assets / Fund Balance
Unrestricted Net Assets$30,076,201$28,191,238▼ $1,884,963
Temporarily Rstr Net Assets$1,150,000$750,000▼ $400,000
Total Net Assets Fund Balance$31,226,201$28,941,238▼ $2,284,963
Total Liabilities and Net Assets / Fund Balance$33,138,696$30,650,468▼ $2,488,228

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$543,121$391,772$934,893
Buildings$581,386$8,515$589,901
Equipment$63,954$470,332$534,286
Land$155,354-$155,354
Other Assets Org$1,665--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John I Pray JrPresident/CEOFT$316,678$124,440$441,118
Marguerite KirstCDOFT$213,144$18,000$231,144
Robert ThomasCOOFT$200,936$6,000$206,936
Jill Eskin-smithSr Director, Corporate & FFT$146,903-$146,903
Walter SternbergVP of MarketingFT$145,260-$145,260
Troy KasbarianSr Director of ItFT$132,485-$132,485
Laura YzaguirreFormer CfaoFT$130,968-$130,968
Bruce AlexanderVP of CommunicationsFT$125,385-$125,385
Karen SmithhartSr Director of HrFT$117,778-$117,778
Cynthia CampbellCfaoFT$6,797-$6,797

Board Members and Trustees

NameTitle
Brian ArnoldChairman
Lee BaxterVice Chairman
Angelo LombardiDirector
Anthony WilliamsDirector
Bob McgowanDirector
Ed DelgadoDirector
Jk HueyDirector
Ken SlaterDirector
Laura FredricksDirector
Linda MedlerDirector
Mark FosterDirector
Marty HauserDirector
Michael CarnuccioDirector
Robert GiannettaDirector
Steven AdkinsonDirector
Steven MahonDirector
Tyrone WoodyardDirector
Uli CorreaDirector
Frank ParasSecretary
Laurie GalloTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Thompson Habib & Denison INCDirect Mailing Services80 HAYDEN AVENUE SUITE 300, Lexington, MA 02421$747,554
Southwest Publishing INCDirect Mailing Services4000 SE ADAMS ST, Topeka, KS 66609$658,128
Infogroup Media Solutions INCDirect Mailing ServicesPO BOX 3243, Omaha, NE 68106$162,669
Quantcast CorporationDirect Mailing ServicesPO BOX 204215, Dallas, TX 75320$145,000
RackspaceTechnology ServicesPO BOX 730759, Dallas, TX 75373$114,374
Revenue and Support

Revenue Composition

Contributions and Grants
$45,491,918
Program Service Revenue
$0
Investment Income
$-33,266
Other Revenue
$153,492
All Other Contributions
$45,491,918
Change in Net Assets
$-2,283,419

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
Clothing and Household Goods-$16,402,361Fair Market Value (FMV)
Real Estate Residential34$6,093,888Fair Market Value (FMV)
Other Non Cash Contri Table4,953$1,014,005Fair Market Value (FMV)
Total Noncash Contributions4,987$23,510,254-

Audited Revenue Reconciliation

Revenue per Audited Statements
$45,652,693
Revenue Not Reported on Financial Statements
$-40,549
Revenue Not Reported on Form 990
$331,879
Other Revenue Adjustments
$-40,549
Total Revenue per Audited Statements
$45,984,572
Total Revenue per Form 990
$45,612,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$34,477,986
Salaries, Compensation, and Employee Benefits$8,590,457
Other Expenses$4,827,120
Total Fundraising Expense$1,990,240
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$34,477,986--$34,477,986
Other Salaries and Wages$3,667,987$917,034$714,857$5,299,878
Current Officers, Directors, Trustees, and Key Employees$1,319,910$329,991$257,238$1,907,139
Fees for Services Other$1,103,219$359,898$420,564$1,883,681
Office Expenses$749,921$107,662$326,954$1,184,537
Occupancy$558,015$284,699-$842,714
Other Employee Benefits$439,692$109,927$85,692$635,311
Payroll Taxes$391,839$97,964$76,366$566,169
Depreciation Depletion$116,288$100,869-$217,157
Travel$153,531$33,844$19,032$206,407
Pension Plan Contributions$125,933$31,484$24,543$181,960
Conferences and Meetings$84,254$55,068$4,163$143,485
Fees for Services Legal$59,760$19,495$22,781$102,036
Fees for Services Accounting$35,726$11,655$13,619$61,000
Advertising$17,798$5,806$6,785$30,389
Other Expenses$15,453$263$3,890$19,606
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$43,426,238$2,479,085$1,990,240$47,895,563

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$48,269,535
Total Expenses per Form 990$47,895,563
Expenses per Audited Statements$47,895,413
Expenses Not Reported on Form 990$374,122
Expenses Not Reported on Financial Statements$150
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$481,277
Fundraising Direct Expenses$376,258
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$246,267$246,267$42,691$203,576
Golf$84,367$84,367$786$83,581
Total Events$481,277$481,277$376,258$105,019
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
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, Section A, Line 4

On december 10, 2018, the board of directors revised article ii, section 4 of the bylaws, designating a category of board member known as a board member emeritus.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the ceo, cdo, coo, cfao, vp of communications and vp of hr prior to submitting to the board of directors for approval.

Form 990, Part VI, Section B, Line 12C

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

Form 990, Part VI, Section B, Line 15

Independent board officers, directors, and trustees are not compensated. An employee compensation study was performed in 2018. 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 that current employee compensation was reasonable and within range.

Form 990, Part VI, Section C, Line 19

Documents made available on operation homefront website and are available upon request.

Filing and Contact Details

Filer

Filer Name
Operation Homefront Inc
EIN
32-0033325
Phone
2106597756
Address
1355 CENTRAL PARKWAY S NO 100, SAN ANTONIO, TX 78232

Signing Officer

Name
John I Pray Jr
Title
President/CEO
Phone
2106597756
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John I Pray Jr
Formed
2002
Legal Domicile
Az
Voting Board Members
21
Independent Board Members
20
Employees
129
Volunteers
3,000

Preparer

Firm
Akin Doherty Klein & Feuge Pc
Address
8610 N NEW BRAUNFELS SUITE 101, SAN ANTONIO, TX 78217
Preparer
Joseph a Hernandez
Phone
2108291300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART IV, LINE 2B:

Through an agreement with operation homefront, hendricks property management llc collects security deposits from clients participating in the homes on the homefront program. Hendricks also collects funds from the clients each month in order to pay property taxes and insurance costs while the clients are occupying the homes, but before they are deeded to the client. Hendricks reimburses the clients for security deposits and operation homefront for property taxes and other costs paid. These security deposits and escrow accounts are maintained by operation homefront. For the year ended 12/31/2018, their balances were $52,000 and $70,283, respectively.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Investment expenses -150.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of house -40,549.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of house 40,549.

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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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IRS990/Form990PartVIISectionAGrp/PersonNm4MARTY HAUSER
IRS990/Form990PartVIISectionAGrp/PersonNm5ED DELGADO
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IRS990/Form990PartVIISectionAGrp/PersonNm7FRANK PARAS
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVEN MAHON
IRS990/Form990PartVIISectionAGrp/PersonNm9KEN SLATER
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IRS990/Form990PartVIISectionAGrp/PersonNm15MARK FOSTER
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IRS990/Form990PartVIISectionAGrp/PersonNm22ROBERT THOMAS
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IRS990/Form990PartVIISectionAGrp/PersonNm25JILL ESKIN-SMITH
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IRS990/Form990PartVIISectionAGrp/PersonNm27WALTER STERNBERG
IRS990/Form990PartVIISectionAGrp/PersonNm28KAREN SMITHHART
IRS990/Form990PartVIISectionAGrp/PersonNm29TROY KASBARIAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt22COO
IRS990/Form990PartVIISectionAGrp/TitleTxt23CFAO
IRS990/Form990PartVIISectionAGrp/TitleTxt24FORMER CFAO
IRS990/Form990PartVIISectionAGrp/TitleTxt25SR DIRECTOR, CORPORATE & F
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt28SR DIRECTOR OF HR
IRS990/Form990PartVIISectionAGrp/TitleTxt29SR DIRECTOR OF IT
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IRS990/MissionDesc0OPERATION HOMEFRONT BUILDS STRONG, STABLE, AND SECURE MILITARY FAMILIES SO THEY CAN THRIVE - NOT SIMPLY STRUGGLE TO GET BY - IN THE COMMUNITIES THEY HAVE WORKED SO HARD TO PROTECT.

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