HEROES CARE INC (EIN 010777850) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JON JEROME

Phone

6366000096

Tax Period

2023-01-01 to 2023-12-31

HEROES CARE INC, founded in 2007, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $20.0M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $18.1M left a modest 10% surplus.

Mission

A collaborate effort among well established non-governmental organizations designed to provide complete and proactive support for members of all branches of the military and their families through pre-deployment, deployment, family reintegration and post-deployment.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,036,026

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,036,026

Expense Breakdown

Grants Paid $17,446,559

Salaries & Benefits $381,696

Fundraising Expenses $112,840

Program Expenses $17,840,729

Other Expenses $295,071

TOTAL EXPENSES $18,123,326

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,036,026	$16,685,541	+0.2%
Expenses	$18,123,326	$18,870,497	0.0%
Net Income	$1,912,700	$-2,184,956	-1.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

130

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$115,500

Total Directors

$189,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON JEROME	President	40.00	Officer Director	$115,500	$0	$115,500
BRANDON DUNMAN	Vice President	40.00	Director	$73,500	$0	$73,500
LOIS MANS	Board Chair	5.00	Director	$0	$0	$0
CARL NEUPERT	Secretary	5.00	Director	$0	$0	$0
ROGER JENSEN	Director	5.00	Director	$0	$0	$0
TED MASTIS	Treasurer	5.00	Director	$0	$0	$0
JEFF LOEFFLER	Director	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$20,036,026	$18,123,326	$4,219,573	$1,912,700
2022	$16,685,541	$18,870,497	$2,308,473	$-2,184,956
2021	$18,882,199	$19,664,536	$4,492,001	$-782,337
2020	$24,357,672	$25,384,577	$5,331,903	$-1,026,905
2019	$26,506,611	$23,551,312	$6,175,162	$2,955,299
2018	$14,311,728	$14,083,696	$3,219,171	$228,032

HEROES CARE INC