Homes for Heroic Forgotten Veterans Inc
Nonprofit profile at a glance
- EIN
- 861951651
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Center Line, MI, USA
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $192,907
- Expenses
- $55,846
- Assets
- $469,688
- Liabilities
- $224,733
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CARL DAVIS (Vice President)
- PAZZELLA BONNER (President)
People named in this filing
- CARL DAVIS (Vice President)
- PAZZELLA BONNER (President)
- AAIRIKA COLSTON (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
Our motto is serving the forgotten veteran. Our purpose is to provide transitional housing for homeless veterans, while connecting them with VA support and services needed to get back to becoming a productive citizen again.
What it reported doing in 2024
To provide immediate relief, sustainable housing solutions andcomprehensive support services for veterans in need. Veteran means an individual whoserved in the United States Armed Forces, including the reserve components and NationalGuard, and was discharged or released under conditions other than dishonorable. Veteranincludes an individual who died while on active duty in the United States Armed Forces.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 29
- Transparency & Controls: 100
- Sustainability: 83
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15%; rating input score 15
- Program expense ratio: 51.8%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 71.1%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 8.41; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 15% of revenue deployed · 51.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 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 15/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.