THE HEROES PROJECT (EIN 271288926) - 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

2009

Legal Domicile

Principal Officer

TIM MEDVETZ

Phone

3102774657

Tax Period

2024-01-01 to 2024-12-31

THE HEROES PROJECT, founded in 2009, is a small nonprofit in the Public & Societal Benefit sector that reported $285K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $989K exceeded revenue, resulting in a 247% operating deficit.

Mission

REHABILITATION OF WOUNDED VETERANS OF THE U.S. MILITARY.

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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 $285,068

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $793,785

Fundraising Expenses $29,316

Program Expenses $863,186

Other Expenses $195,613

TOTAL EXPENSES $989,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,068	$448,570	-0.4%
Expenses	$989,398	$354,606	+1.8%
Net Income	$-704,330	$93,964	-8.5%

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

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

$709,799

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM MEDVETZ	DIRECTOR	40.00	Director	$697,799	$0	$697,799
RICHARD STARK	BOARD DIRECTOR	10.00	Director	$0	$0	$0
SCOTT ROSEN	BOARD DIRECTOR	10.00	Director	$0	$0	$0
JENNIFER SAILER	BOARD DIRECTOR	10.00	Director	$12,000	$0	$12,000

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	$285,068	$989,398	$1,505,321	$-704,330
2023	$448,570	$354,606	$2,209,651	$93,964
2022	$1,241,796	$314,404	$2,115,687	$927,392
2021	$343,533	$244,377	$1,188,295	$99,156
2020	$200,792	$210,099	$1,089,328	$-9,307
2019	$713,858	$424,081	$1,098,973	$289,777
2018	$699,305	$418,562	$808,847	$280,743

THE HEROES PROJECT