Heroes Housing Alliance

Nonprofit profile at a glance

EIN
800533824
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Santa Fe, NM, USA
Phone
5059837983
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$2,609
Expenses
$2,745
Assets
$5,282
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Gerald Chavez (Chairman of the Board)
  • Valerie J Anaya C De Baca (Treasurer)
  • Karen L Boggs (Secretary)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose for which this corporation is organized is to acquire land and property and build homes and other facilities to aid veterans

What it reported doing in 2014

Heroes Housing Alliance received a grant from SUN Grants in the amount of $2,500 and donations from the public of $240.00 towards the general operation of Heroes Housing Alliance. HHA is also working with the State of New Mexico to obtain allocations for the construction of infrastructure on the 32 lot subdivision they purchased.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -5.2%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 1.92; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -24.2% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.