Here Right Matters Foundation Inc

Nonprofit profile at a glance

EIN
932079153
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Saint Petersburg, FL, USA
Phone
7703167321
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$3,584,074
Expenses
$2,924,565
Assets
$673,411
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ALEXANDER VINDMAN (PRESIDENT)
  • MARK ARNOLD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARK ARNOLD (EXECUTIVE DIRECTOR): $120,000 total reported compensation
  • PEYTON CARTMILL (FINANCIAL DIRECTOR): $6,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide humanitarian, economic, and charitable assistance to help populations affected by russia's war against ukraine. This includes material support to ukrainian first responders and defense forces, medical aid and supplies, and material and expert assistance for the rebuilding of war-torn areas of ukraine.

What it reported doing in 2024

Combat medic training program: completed purchasing the components for 32 classroom sets of sophisticated medical educational equipment. Executed the purchase of all educational equipment, shipping it to a secure warehouse in ukraine, and purchased nine pickup trucks for the mobile instructor teams. Medical aid: managed the case of a wounded soldier who lost both arms and his vision. Worked with medical doctors at two american universities to facilitate andrii's transfer to the u.s. For an evaluation for a potential bilateral hand transplant procedure at university of Pennsylvania medical center in philadelphia. Established coordination between the government of ukraine and world-leading u.s. Medical research facilities. Provided electrocoagulation devices and their related surgical equipment to several ukrainian hospitals. Provided three nissan armadas with four wheel drive to medical units and funded their conversion to ambulances. Funded the purchase of non military articles for the construction of observation drones to enable safety of grain corridors and borders of ukraine.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 83
  • Accountability: 60
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.4%; rating input score 75
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 14th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.4%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 138.5% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 150.2% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 191.9% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 75.4% of revenue deployed · 92.3% of spending went to programs
  • Governance: 4 of 5 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $120K · 6 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.