Helmets of Hope Inc

Nonprofit profile at a glance

EIN
994233462
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Moline, IL, USA
Phone
3092301600
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$52,054
Expenses
$9,994
Assets
$48,735
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • William F Coley (Executive Director, Treasurer, Secretary)

People named in this filing

  • William F Coley (Executive Director, Treasurer, Secretary)
  • Marsha Jones (Member, board of directors)
  • Bob Burkeybile (Member, board of directors)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Helmets of Hope Inc. provides essential household supplies to veterans who have faced homelessness or other forms of housing crisis.

What it reported doing in 2025

During tax year 2025, Helmets of Hope Inc. provided a total of 5,405 household supply and food items either directly to veterans or to its community partner agencies (e.g. the VA's Community Resources and Referral Center in Davenport, Iowa). That total number of supplies included 107 "move-in kits," which are 37-item collections of supplies given to vets who move into housing of their own having faced homelessness or other forms of housing crisis. It's not possible for us to specify a specific number of veterans we served in tax year 2025 because vets ALSO receive our items in an a la cate fashion from our partner agencies. We're not told how many vets receive our items. A conservative guesstimate would be 200+ vets served during the year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 100
  • Sustainability: 84
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.2%; rating input score 19
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 80.8%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.88; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 19.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.