Civic Intelligence

Heroes for Heroes

990EZ • Fiscal year 2020 • EIN 81-4228106

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

1614 Veteran Ave 102Los Angeles, CA 90024

(323) 251-5479

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-4151%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-21%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-78%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,481

Down $2,283 (-21%) from 2019

Net Assets

$8,481

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$55

Down $196 (-78%) from 2019

Expenses

Up

$2,338

Up $2,089 (+839%) from 2019

Net Income

Down

-$2,283

Down $2,285 (-114250%) from 2019

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2017: $11,376Liabilities 2017: $0Net Assets 2017: $11,3762017Assets 2018: $10,762Liabilities 2018: $0Net Assets 2018: $10,7622018Assets 2019: $10,764Liabilities 2019: $02019Assets 2020: $8,481Liabilities 2020: $0Net Assets 2020: $8,4812020Assets 2021: $8,311Liabilities 2021: $0Net Assets 2021: $8,3112021Assets 2022: $2,737Liabilities 2022: $0Net Assets 2022: $2,7372022Assets 2023: $2,444Liabilities 2023: $0Net Assets 2023: $2,4442023Assets 2024: $0Net Assets 2024: $2,2952024

Highlighted filing

2020

Assets$8,481
Liabilities$0
Net Assets$8,481

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2017: $24,462Expenses 2017: $12,034Net Income 2017: $12,4282017Revenue 2018: $1,140Expenses 2018: $1,754Net Income 2018: -$6142018Revenue 2019: $251Expenses 2019: $249Net Income 2019: $22019Revenue 2020: $55Expenses 2020: $2,338Net Income 2020: -$2,2832020Revenue 2021: $35Expenses 2021: $205Net Income 2021: -$1702021Revenue 2022: $5,005Expenses 2022: $10,579Net Income 2022: -$5,5742022Revenue 2023: $1,069Expenses 2023: $1,362Net Income 2023: -$2932023Revenue 2024: $0Expenses 2024: $149Net Income 2024: -$1492024

Highlighted filing

2020

Revenue$55
Expenses$2,338
Net Income-$2,283
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$55
Mission and Program Overview

Mission

The goals behind our charity and the process as a realtor i have had the privilege to sell homes to veterans, active duty, and teachers alike. From the hours they put in, the risks they take, and the service they provide, its the least i can do to assist them in achieving every americans dream to have a home to call their own. This is why i created the charity. Its a way to give back and assist in fulfilling the american dream they fight for or teach our children to achieve. For our heroes raising the money, they get a few benefits for taking time from their families, loved ones, etc. To fundraise, all the while training for an endurance race 6 days a week. These amazing people have full time careers on top of all this. Part of their fundraising pays for their endurance coaching, entry into the selected race, and in most cases, a night or two at the hotel during the race weekend. We also hold a few events throughout the season thanking them for their efforts. If it wasnt for them the w

The goals behind our charity and the process as a realtor i have had the privilege to sell homes to veterans, active duty, and teachers alike. From the hours they put in, the risks they take, and the service they provide, its the least i can do to assist them in achieving every americans dream; to have a home to call their own. This is why i created the charity. Its a way to give back and assist in fulfilling the american dream they fight for or teach our children to achieve. For our heroes raising the money, they get a few benefits for taking time from their families, loved ones, etc. To fundraise, all the while training for an endurance race 6 days a week. These amazing people have full time careers on top of all this. Part of their fundraising pays for their endurance coaching, entry into the selected race, and in most cases, a night or two at the hotel during the race weekend. We also hold a few events throughout the season thanking them for their efforts. If it wasnt for them the

Program Services

DescriptionGrantsExpenses
THE GOALS BEHIND OUR CHARITY AND THE PROCESS AS A REALTOR I HAVE HAD THE PRIVILEGE TO SELL HOMES TO VETERANS, ACTIVE DUTY, AND TEACHERS ALIKE. FROM THE HOURS THEY PUT IN, THE RISKS THEY TAKE, AND THE SERVICE THEY PROVIDE, ITS THE LEAST I CAN DO TO ASSIST THEM IN ACHIEVING EVERY AMERICANS DREAM; TO HAVE A HOME TO CALL THEIR OWN. THIS IS WHY I CREATED THE CHARITY. ITS A WAY TO GIVE BACK AND ASSIST IN FULFILLING THE AMERICAN DREAM THEY FIGHT FOR OR TEACH OUR CHILDREN TO ACHIEVE. FOR OUR HEROES RAISING THE MONEY, THEY GET A FEW BENEFITS FOR TAKING TIME FROM THEIR FAMILIES, LOVED ONES, ETC. TO FUNDRAISE, ALL THE WHILE TRAINING FOR AN ENDURANCE RACE 6 DAYS A WEEK. THESE AMAZING PEOPLE HAVE FULL TIME CAREERS ON TOP OF ALL THIS. PART OF THEIR FUNDRAISING PAYS FOR THEIR ENDURANCE COACHING, ENTRY INTO THE SELECTED RACE, AND IN MOST CASES, A NIGHT OR TWO AT THE HOTEL DURING THE RACE WEEKEND. WE ALSO HOLD A FEW EVENTS THROUGHOUT THE SEASON THANKING THEM FOR THEIR EFFORTS. IF IT WASNT FOR THEM THE WORK WOULD NOT BE DONE, AND THEIR EFFORTS ARE GREATLY APPRECIATED. FOR OUR LOCAL HEROES, IN MY OPINION, THE PAYCHECK DOES NO CORRELATE WITH THE SACRIFICE AND SERVICE PROVIDED FOR OUR COMMUNITIES. HEROES FOR HEROES WANTS TO HELP CHANGE THAT. THIS FIRST SEASON WE WILL BE TARGETING A SPECIFIC CITY, AND REACHING OUT TO THE REALTORS IN THE AREA WHO ARE CURRENTLY WORKING WITH A VETERAN, ACTIVE DUTY, OR A TEACHER WHO IS ACTIVELY LOOKING FOR A HOME. WE WILL HAVE THEM WRITE A LETTER TO US TALKING ABOUT THEIR SERVICE AND HOW THE ASSISTANCE WILL BENEFIT THEM IN THE PURCHASE OF THEIR HOME. OUR BOARD OF DIRECTORS WILL READ ALL THE LETTERS AND VOTE FOR THE WINNER. WE WILL THEN SURPRISE THE WINNER WITH THE NEWS! THE MONEY WILL BE HELD IN AN ESCROW ACCOUNT AND WILL BE DISBURSED ON THE CLOSING DAY TO THE ESCROW/SETTLEMENT COMPANY. THE MONEY HAS TO GO TOWARDS A PURCHASE (DOWN PAYMENT, CLOSING COSTS, ETC) OF THEIR HOME. IF THE WINNER DECIDES NOT TO PURCHASE, THE MONEY WILL BE DELIVERED TO THE RUNNER UP AND DISBURSED TO THEM. ALL CANDIDATES MUST BE QUALIFIED FOR PURCHASE, OR THIS DONATION MUST SOLIDIFY THE QUALIFICATION TO PURCHASE. WE WANT OUR HEROES TO HAVE THE ABILITY TO MAINTAIN THE HOME OWNERSHIP THEY ARE ABOUT TO EMBARK ON. OUR GOAL AS A BOARD AND CHARITY WILL BE TO CHOOSE A CANDIDATE WHERE THE MONEY WILL GO THE FURTHEST WITH THEIR SITUATION. MANY PEOPLE ASK ABOUT HOW THIS AFFECTS A VETERAN OR ACTIVE DUTY MILITARY WHO HAS A 0% LOAN. THEY HAVE CLOSING COSTS, LIMITS IN LOAN AMOUNTS, AND OTHER FEES, ETC. AGAIN, OUR BOARD OF DIRECTORS WILL CHOOSE SOMEONE WHERE THE MONEY WILL GO THE FURTHEST. AS A 501C3 WE ARE LEGALLY ALLOWED TO DONATE THIS MONEY TOWARDS THEIR PURCHASE. THIS CHARITY IS VERY TANGIBLE. YOU WILL SEE DIRECTLY WHERE THE MONEY GOES AS IT WILL BE DEFINED BY AN ADDRESS. AN ADDRESS OWNED BY A HERO IN THAT COMMUNITY! MY PERSONAL GOAL IS TO DOT THE ENTIRE MAP OF THE UNITED STATES IN EVERY COMMUNITY WITH A HOME THAT HEROES FOR HEROES HELP PURCHASE FOR OUR LOCAL HEROES. BECAUSE EVERY HERO DESERVES A HOME!--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott GoshornPresident-$0--
Filing and Contact Details

Filer

Filer Name
Heroes for Heroes
EIN
81-4228106
Phone
3232515479
Address
1614 VETERAN AVE 102, Los Angeles, CA 90024

Signing Officer

Name
Scott Goshorn
Title
President
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Karen Yu CPA PC
Address
21515 Hawthorne Blvd Ste 200, Torrance, CA 90503
Preparer
Karen Yu
Phone
3108190949
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $424

Other Expenses.1

Taxes & Licenses $1915

Other Expenses.2

Rounding $-1

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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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