HEROS FOR HEROS (EIN 205757836) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

JOHNNIE YELLOCK

Phone

4699306694

Tax Period

2024-01-01 to 2024-12-31

HEROS FOR HEROS, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $272K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $310K exceeded revenue, resulting in a 14% operating deficit.

Mission

SONS OF THE FLAG IS REVOLUTIONIZING BURN CARE AND QUALITY OF LIFE FOR VETERANS, FIRST RESPONDERS, AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $538,905

Program Service Revenue $0

Investment Income $0

Other Revenue $-267,397

TOTAL REVENUE $271,508

Expense Breakdown

Grants Paid $128,486

Salaries & Benefits $102,897

Fundraising Expenses $29,458

Program Expenses $256,815

Other Expenses $78,953

TOTAL EXPENSES $310,336

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,508	$332,779	-0.2%
Expenses	$310,336	$429,835	-0.3%
Net Income	$-38,828	$-97,056	-0.6%

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

Volunteers

100

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

$95,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRAVIS ALLISON	BOARD MEMBER	0.50	Director	$0	$0	$0
MIKE PETTIS	CHAIRMAN OF THE BOARD	0.50	Director	$0	$0	$0
LOUISE GRIFFETH	BOARD MEMBER	0.50	Director	$0	$0	$0
GARY SEIBEL	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN REDMOND	BOARD MEMBER	0.50	Director	$0	$0	$0
SHERRY WHIDBY	PRESIDENT & CEO	55.00	Officer	$95,000	$0	$95,000

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	$271,508	$310,336	$271,027	$-38,828
2023	$332,779	$429,835	$580,849,326	$-97,056
2023	$332,779	$429,835	$809,855	$-97,056
2022	$672,376	$605,479	$407,277	$66,897
2022	$711,838	$644,941	$407,277	$66,897
2021	$649,911	$734,848	$384,495	$-84,937
2020	$725,731	$652,205	$425,288	$73,526
2019	$877,644	$1,004,155	$351,762	$-126,511
2018	$956,633	$725,922	$478,273	$230,711

HEROS FOR HEROS