RUN FOR HEROES INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

ROBERT SIMPSON

Phone

6105445900

Tax Period

2023-01-01 to 2023-12-31

RUN FOR HEROES INC, founded in 2001, is a micro nonprofit in the Education sector that reported $49K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

SUPPORT THE HERO SCHOLARSHIP FUND

Program Service Accomplishments

Program 1

Expenses: $45,285 Revenue: $49,186

TO SUPPORT THE HERO SCHOLARSHIP FUND, WHICH PROVIDES FUNDS FOR EDUCATION TO CHILDREN OF POLICE, FIREFIGHTERS, AND EMERGENCY PERSONNEL KILLED IN THE LINE OF DUTY.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $49,186

Investment Income $0

Other Revenue $0

TOTAL REVENUE $49,186

Expense Breakdown

Grants Paid $44,000

Salaries & Benefits $0

Fundraising Expenses $4,161

Program Expenses $45,285

Other Expenses $6,247

TOTAL EXPENSES $50,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,186	$57,474	-0.1%
Expenses	$50,247	$60,903	-0.2%
Net Income	$-1,061	$-3,429	-0.7%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MCFADDEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
THOMAS MCGARRIGLE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JEFF RUDOLPH	SECRETARY	N/A	Officer Director	$0	$0	$0
ROBERT SIMPSON	TREASURER	N/A	Officer 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	$49,186	$50,247	$45,828	$-1,061
2022	$57,474	$60,903	$54,689	$-3,429
2021	$59,155	$56,718	$56,319	$2,437
2020	$1,926	$635	$3,881	$1,291
2019	$50,158	$49,733	$44,590	$425
2018	$52,020	$49,938	$46,093	$2,082