Heroes of Tomorrow Fund
Nonprofit profile at a glance
- EIN
- 992716258
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Brighton, MI, USA
- Phone
- 2483214467
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- James Dagg (President)
- Scott Caradonna (Vice President)
People named in this filing
- James Dagg (President)
- Scott Caradonna (Vice President)
- Eric Poppe (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Supporting org for HOT Team 67 Heroes of Tomorrow 501c3 To engage in activities exclusively for the benefit of, to perform the functions of, or to carry out the purposes of The HOT Team - Heroes of Tomorrow, a Michigan nonprofit corporation that is qualified under the Internal Revenue Code section 501(c)(3), such purposes include: inspiring young people to be science and technology leaders by engaging them in exciting and educational mentor-based programs that build science, engineering and technology skills; inspiring innovation, confidence, communication and leadership in young people through participation in the corporation's programs. The corporation is organized exclusively for charitable, scientific and educational purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
What it reported doing in 2024
This was effectively our founding year. We did not receive funding until after our fiscal year ended. So, there was no income nor any expenditures in this tax year.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 55
- Sustainability: NotEnoughData
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.