SUPPORT HOMELESS VETERANS INC

EIN: 453175694 501(c)(3) Human Services

Willow Grove, PA

Total Revenue
$65,551
Total Expenses
$77,046
Total Assets
$19,650
Net Assets
$19,650
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Phone
2157582575
Tax Period
2019-07-01 to 2020-06-30

SUPPORT HOMELESS VETERANS INC, founded in 2011, is a micro nonprofit in the Human Services sector that reported $66K in total revenue in fiscal year 2019. Revenue decreased 6% compared to the prior year. Expenses of $77K exceeded revenue, resulting in a 18% operating deficit.

Mission

CREATED TO COMBAT THE GROWING EPIDEMIC OF HOMELESSNESS AMONG VETERANS. DEVOTED TO BRINGING QUALITY OF LIFE AND TO PROMOTING PURPOSE DRIVEN LIVES FOR THE VETERANS WHILE

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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 $43,211
Program Service Revenue $22,340
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,551

Expense Breakdown

Grants Paid $11,331
Salaries & Benefits $0
Fundraising Expenses $1,115
Program Expenses $63,317
Other Expenses $65,715
TOTAL EXPENSES $77,046

Year-over-Year Comparison

2019 2018 Change
Revenue $65,551 $69,512 -0.1%
Expenses $77,046 $63,624 +0.2%
Net Income $-11,495 $5,888 -3.0%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
1

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
3
$3,747
Total Directors
3
$3,747
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARA COLANTUONO Founder/Secretary 30.00
Officer Director
$0 $3,747 $3,747
MICHAEL GALOB Chairman 24.00
Officer Director
$0 $0 $0
John McHugh Member 24.00
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
2020 $65,551 $77,046 $19,650 $-11,495
2019 $69,512 $63,624 $31,158 $5,888
2018 $91,926 $94,892 $25,340 $-2,966
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