Civic Intelligence

Rapid Recovery 4 Heroes

EIN 81-0721195 • 501(c)3 • San Antonio, TX

990-N Coverage

Profile

The mission of rapid recovery 4 heroes is to fund musculosceletal recovery services to combat injured post-911 service members.

911 Central Parkway NSan Antonio, TX 78232

rapidrecovery4heroes.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

99th percentile

4009%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Up

$1,688

Up $1,687 (+168700%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Up

$1,688

Up $1,688 from 2015

Revenue

Up

$5,529

Up $1,022 (+23%) from 2015

Expenses

Up

$4,529

Up $22 (+0.5%) from 2015

Net Income

Up

$1,000

Up $1,000 from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.5K$1.0K$500$0Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2017: $1,688Liabilities 2017: $0Net Assets 2017: $1,6882017

Highlighted filing

2017

Assets$1,688
Liabilities$0
Net Assets$1,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0K$4.0K$2.0K$0Revenue 2015: $4,507Expenses 2015: $4,507Net Income 2015: $02015Revenue 2017: $5,529Expenses 2017: $4,529Net Income 2017: $1,0002017

Highlighted filing

2017

Revenue$5,529
Expenses$4,529
Net Income$1,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$5,529
Mission and Program Overview

Mission

The mission of rapid recovery 4 heroes is to fund musculosceletal recovery services to combat injured post-911 service members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$688$1,688▲ $1,000
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$688$1,688▲ $1,000
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$688$1,688▲ $1,000
Total Net Assets Fund Balance$688$1,688▲ $1,000
Total Liabilities and Net Assets / Fund Balance$688$1,688▲ $1,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Forest KimPresident
Earl LundySecretary
Michael WrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,529
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,529
Change in Net Assets
$1,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$1,250$1,250-$2,500
Insurance$638$637-$1,275
Information Technology$574--$574
Fees for Services Accounting$90$90-$180
Total Functional Expenses$2,552$1,977$0$4,529
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

The form 990 is reviewed by the treasurer and then provided to all board members for review and approval.

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

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Rapid Recovery 4 Heroes
EIN
81-0721195
Phone
5125082863
Address
911 CENTRAL PARKWAY N, SAN ANTONIO, TX 78232

Signing Officer

Name
Michael Wright
Title
Treasurer
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Forest Kim
Formed
2015
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Kimberly D Crawford
Phone
8176498083
Supplemental Narrative

Additional Explanations

Organization Overview and Disclosure Statement

Overview. RR4H received recognition of its exempt status on September 28, 2016, effective December 1, 2015 and based on the approval of RR4Hs submitted Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code (the Form 1023). RR4H is organized and operated exclusively for charitable purposes. Specifically, RR4H, provides post-9/11 injured service members access to musculoskeletal treatment to relieve pain and suffering (the Program). Although the organizations exempt purposes remain generally consistent with those described in the Form 1023, RR4H wishes to make the following corrections to the description of activities contained in the Form 1023 and to provide updates regarding protections implemented with respect to the Program.Purposes. The class of eligible service members has been revised to include injured post-9/11 service members, rather than require a combat-related injury. The Board is working with legal counsel to make the requisite changes to its governing documents.Independent Board. The Board of Directors of RR4H is completely independent from Airrosti and the directors have no business or other relationship with Airrosti. However, each RR4H director has previously received treatment for an injury from Airrosti and obtained substantial relief therefrom. Treatment of all RR4H directors occurred prior to the formation of RR4H and was paid for individually by each respective director on a regular basis, with no discounts or other pro bono services received by any director from Airrosti. Founding of RR4H. Although the initial Board of Directors of RR4H and all subsequent directors have been independent from Airrosti (as further described above), Airrosti staff provided support to the Board and officers during the initial formation of RR4H.Support. During RR4Hs initial few years of existence since formation, Airrosti has provided close to 100% of the monetary support received by RR4H. RR4H is in the process of identifying how it can efficiently raise funds from the public.During this start-up phase, Airrosti has also provided in-kind support to RR4H. Due to the limited activities of RR4H, the in-kind services provided by Airrosti have been relatively moderate in amount, and it is anticipated that, as RR4H grows and secures additional public funding, the in-kind support from Airrosti will decrease and eventually cease. To date, two of Airrostis 600+ staff members provide services to RR4H at no cost and spend 3-5% of their time on RR4H activities. Under the oversight of and working with the Board of Directors, these two members of Airrosti staff developed the Program, including developing the platform and reimbursement process, conducting beta tests, coordinating with Airrosti as needed, and generally conducting the day to day activities of RR4H. Provided however, that the two staff members are not involved in the selection of Program beneficiaries. In addition, Airrosti has provided administrative support including book-keeping and accounting, back-office support, technical assistance, website and marketing services, and other administrative support. Airrosti has provided these in-kind services at no charge to RR4H. Treatment Provider; Reimbursements. At this time, all treatment under the Program is provided by Airrosti, an established provider of musculoskeletal treatments for a variety of injuries. The independent Board of Directors of RR4H selected Airrosti as the Program provider shortly after formation of RR4H. Although it is within the Boards discretion to select an alternate provider, this is not anticipated at this time. RR4H reimburses Airrosti at a reduced rate for treatment of each individual under the Program. The reimbursement rate has always been less than 85% of Airrostis cost to provide treatment (therefore, at all times, RR4H reimbursement payments to Airrosti are less than 85% of the cost to provide treatment, thereby ensuring that Airrosti is not profiti

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TREASURER AND THEN PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Overview. RR4H received recognition of its exempt status on September 28, 2016, effective December 1, 2015 and based on the approval of RR4Hs submitted Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code (the Form 1023). RR4H is organized and operated exclusively for charitable purposes. Specifically, RR4H, provides post-9/11 injured service members access to musculoskeletal treatment to relieve pain and suffering (the Program). Although the organizations exempt purposes remain generally consistent with those described in the Form 1023, RR4H wishes to make the following corrections to the description of activities contained in the Form 1023 and to provide updates regarding protections implemented with respect to the Program.Purposes. The class of eligible service members has been revised to include injured post-9/11 service members, rather than require a combat-related injury. The Board is working with legal counsel to make the requisite changes to its governing documents.Independent Board. The Board of Directors of RR4H is completely independent from Airrosti and the directors have no business or other relationship with Airrosti. However, each RR4H director has previously received treatment for an injury from Airrosti and obtained substantial relief therefrom. Treatment of all RR4H directors occurred prior to the formation of RR4H and was paid for individually by each respective director on a regular basis, with no discounts or other pro bono services received by any director from Airrosti. Founding of RR4H. Although the initial Board of Directors of RR4H and all subsequent directors have been independent from Airrosti (as further described above), Airrosti staff provided support to the Board and officers during the initial formation of RR4H.Support. During RR4Hs initial few years of existence since formation, Airrosti has provided close to 100% of the monetary support received by RR4H. RR4H is in the process of identifying how it can efficiently raise funds from the public.During this start-up phase, Airrosti has also provided in-kind support to RR4H. Due to the limited activities of RR4H, the in-kind services provided by Airrosti have been relatively moderate in amount, and it is anticipated that, as RR4H grows and secures additional public funding, the in-kind support from Airrosti will decrease and eventually cease. To date, two of Airrostis 600+ staff members provide services to RR4H at no cost and spend 3-5% of their time on RR4H activities. Under the oversight of and working with the Board of Directors, these two members of Airrosti staff developed the Program, including developing the platform and reimbursement process, conducting beta tests, coordinating with Airrosti as needed, and generally conducting the day to day activities of RR4H. Provided however, that the two staff members are not involved in the selection of Program beneficiaries. In addition, Airrosti has provided administrative support including book-keeping and accounting, back-office support, technical assistance, website and marketing services, and other administrative support. Airrosti has provided these in-kind services at no charge to RR4H. Treatment Provider; Reimbursements. At this time, all treatment under the Program is provided by Airrosti, an established provider of musculoskeletal treatments for a variety of injuries. The independent Board of Directors of RR4H selected Airrosti as the Program provider shortly after formation of RR4H. Although it is within the Boards discretion to select an alternate provider, this is not anticipated at this time. RR4H reimburses Airrosti at a reduced rate for treatment of each individual under the Program. The reimbursement rate has always been less than 85% of Airrostis cost to provide treatment (therefore, at all times, RR4H reimbursement payments to Airrosti are less than 85% of the cost to provide treatment, thereby ensuring that Airrosti is not profiti
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL WRIGHT
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kimberly D Crawford
ReturnHeader/ReturnTs02018-11-13T06:08:57-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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