Hope for Heroes Texas

Nonprofit profile at a glance

EIN
862813732
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Boerne, TX, USA
Phone
8309282140
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$154,281
Expenses
$170,681
Assets
$13,162
Liabilities
$17,500

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Bob Newey (President)
  • Stacy Sedillo (Vice President)
  • BRAD CORNELL (CEO)

People named in this filing

  • Michael Edwards (Secretary & Tre)
  • Bob Newey (President)
  • Stacy Sedillo (Vice President)

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

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

Overview

Mission

Hope for Heroes Texas is a non-profit organization dedicated to providing prayer, support, and weekend retreats for our first responders who are in need of it most. We bring first responders to Boerne, Texas to stay at a beautiful hotel; send local first responders for a getaway to Fredericksburgs Inn on Barons Creek; host monthly first responder lunches; and more.

What it reported doing in 2024

The Boerne Getaway is specifically for our out-of-town heroes and includes a free nights stay at a beautiful hotel in Boerne, Texas. Upon arrival, our heroes are greeted by dozens of caring locals, breakfast tacos, and coffee. Then, theyre provided with a $400 gift card to spend while exploring historic downtown Boerne and an in-room gift basket courtesy of Texas Gourmet Pantry.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. 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: 33
  • Transparency & Controls: 83
  • Accountability: 62
  • Sustainability: 20
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.4%; rating input score 38
  • Program expense ratio: 34.7%; rating input score 35
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 87.2%; rating input score 87; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -10.6%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 1.33; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -32.4% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -26.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 38.4% of revenue deployed · 34.7% of spending went to programs
  • Governance: 6 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $59K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 24 of 26 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 38/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.