WELCOME HOME HEROES FOUNDATION INC

EIN: 263160981 501(c)(3) Human Services

TRACY, CA

Total Revenue
$91,076
Total Expenses
$74,887
Total Assets
$186,637
Net Assets
$186,637
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
VINCENT NASTRO
Phone
2099558055
Tax Period
2019-06-01 to 2020-05-31

WELCOME HOME HEROES FOUNDATION INC, founded in 2008, is a micro nonprofit in the Human Services sector that reported $91K in total revenue in fiscal year 2019. Revenue surged 520% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 18% operating margin.

Mission

THE ORGANIZATION SEEKS TO PROVIDE ASSISTANCE TO VETERANS OF THE ARMED SERVICES OF THE UNITED STATES OF AMERICA IN THEIR TRANSITION FROM ACTIVE SERVICE TO PRIVATE LIFE AND TO CARRY ON OTHER ACTIVITES ASSOCIATED WITH THIS GOAL.

Program Service Accomplishments

Program 1
Expenses: $21,146

ASSISTANCE TO VETERANS AND THEIR FAMILIES: ORGANIZATION RECEIVES REQUESTS FROM THE VETERAN'S ADMINISTRATION FOR ASSISTANCE TO VETERANS THROUGHOUT ALAMEDA, CONTRA COSTA, AND SAN JOAQUIN COUNTIES...

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ASSISTANCE TO VETERANS AND THEIR FAMILIES: ORGANIZATION RECEIVES REQUESTS FROM THE VETERAN'S ADMINISTRATION FOR ASSISTANCE TO VETERANS THROUGHOUT ALAMEDA, CONTRA COSTA, AND SAN JOAQUIN COUNTIES. DURING THE YEAR THE ORGANIZATION WAS ABLE TO PROVIDE ASSISTANCE TO APPROXIMATELY 19 VETERANS.

Program 2
Expenses: $7,249

GIFTS FOR VETERANS AND THEIR FAMILIES WHICH INCLUDE GIFT CARDS AND TOYS FOR CHRISTMAS AND OTHER OCCASIONS.

Program 3
Expenses: $17,728

THE ORGANIZATION SPONSORS AND DONATES DOGS, SPECIALLY TRAINED DOGS BY CANINE HOPE FOR HEROES, INC., TO VETERANS IN NEED. IN 2019, TWO DOGS WERE SPONSORED.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $90,071
Program Service Revenue $0
Investment Income $1,005
Other Revenue $0
TOTAL REVENUE $91,076

Expense Breakdown

Grants Paid $38,874
Salaries & Benefits $20,000
Fundraising Expenses $1,953
Program Expenses $46,123
Other Expenses $16,013
TOTAL EXPENSES $74,887

Year-over-Year Comparison

2019 2018 Change
Revenue $91,076 $14,680 +5.2%
Expenses $74,887 $95,687 -0.2%
Net Income $16,189 $-81,007 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
2

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
2
$20,000
Total Directors
2
$20,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL D ANDERSON PRESIDENT, SECRETARY 20.00
Officer Director
$10,000 $0 $10,000
VINCENT NASTRO VICE PRESIDENT, TREASURER 20.00
Officer Director
$10,000 $0 $10,000
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
2020 $91,076 $74,887 $186,637 $16,189
2019 $14,680 $95,687 $170,448 $-81,007
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