HOMETOWN HEREOS MEMORIAL RIDE

EIN: 384106035 501(c)(3) Education

ROCKWELL CITY, IA

Total Revenue
$15,523
Total Expenses
$18,358
Total Assets
$37,471
Net Assets
$37,471
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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
2019
Legal Domicile
IA
Principal Officer
SHANE VOITH
Phone
5155711697
Tax Period
2023-01-01 to 2023-12-31

HOMETOWN HEREOS MEMORIAL RIDE, founded in 2019, is a micro nonprofit in the Education sector that reported $16K in total revenue in fiscal year 2023. Expenses of $18K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE SCHOLARSHIPS FOR THOSE ENTERING IN THE CAREER FIELD OF POLICE, FIRE, OR EMS

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,523
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $18,222
Other Expenses $18,358
TOTAL EXPENSES $18,358

Year-over-Year Comparison

2023 2022 Change
Revenue $15,523 N/A N/A
Expenses $18,358 N/A N/A
Net Income $-2,835 N/A N/A
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANE VOITH TREASURER 2.00
Officer
$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
2023 $15,523 $18,358 $37,471 $-2,835
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