Hunter Seven Foundation

Nonprofit profile at a glance

EIN
831983697
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-PF 2019
Location
Providence, RI, USA
Phone
4019657097
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$1,007,575
Expenses
$827,370
Assets
$452,147
Liabilities
$238,930

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KYLE SIMONI (PRESIDENT)

Highest reported compensation

  • CHELSEY SIMONI (CHIEF OF HEA): $54,000 total reported compensation
  • KEITH DOW (CHIEF OF WAR): $36,000 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 honor the service and sacrifice of military veterans by tirelessly working towards a future where they can lead healthy and fulfilling lives. We are dedicated to preventing and detecting cancer at its earliest stages through rigorous research, comprehensive education, and accessible medical screening programs. Our commitment to veterans, their families, and our community drives us to provide the knowledge and care needed to ensure a brighter, cancer-free tomorrow for those who have served our nation.

What it reported doing in 2024

Immediate medical needs the immediate medical needs program provides military veterans, service members facing cancer and other serious ilnesses, and injuries with financial support in travel expenses, care coverage, coinciding therapies, clinical trials, at-home and hospice care, as well as care-navigation, social work support, and all other urgent health-related needs not otherwise covered. During fy24, hunterseven foundation received 428 requests for immediate needs support, of those 103 received financial support, and 53 received social work / care coordination services.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 94
  • Accountability: 80
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.7%; rating input score 70
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $504.22 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17.9%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.53; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 10.9%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 34.2% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 33.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 34.8% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 69.7% of revenue deployed · 85% of spending went to programs
  • Governance: 5 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $703K in reported program spending
  • Leadership: top reported pay $54K · 12 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.