FIVE STAR VETERANS CENTER

EIN: 453545974 501(c)(3) Housing & Shelter

JACKSONVILLE, FL

Total Revenue
$1,509,791
Total Expenses
$1,203,328
Total Assets
$1,852,536
Net Assets
$1,679,412
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
FL
Principal Officer
MIKE HIGHTOWER
Phone
9047235950
Tax Period
2023-01-01 to 2023-12-31

FIVE STAR VETERANS CENTER, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $306K, a strong 20% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO OPERATE A SHORT-TERM HOUSING AND REHABILITATION CENTER FOR HOMELESS US MILITARY VETERANS. THE CENTER'S SLOGAN IS 'PASSPORT TO INDEPENDENCE.' IN ADDITION TO THE PROVISION OF LIMITED HEALTH CARE, THE CENTER WILL PROVIDE SHORT-TERM HOUSING TO HOMELESS VETERANS AND ASSISTANCE WITH OBTAINING VETERAN BENEFITS. FURTHER, THE CENTER WILL SEEK TO ASSIST IN THE RESTORATION ITS VETERANS TO CIVILIAN LIFE, THROUGH COLLABORATIVE EFFORTS WITH OTHER AGENCIES AND THE ORGANIZATION'S ASSOCIATES, BY PROVIDING ACCESS TO MENTAL, PHYSICAL, AND EDUCATIONAL REHABILITATIVE SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,338,835
Program Service Revenue $170,956
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,509,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $464,968
Fundraising Expenses $99,559
Program Expenses $877,388
Other Expenses $738,360
TOTAL EXPENSES $1,203,328

Year-over-Year Comparison

2023 2022 Change
Revenue $1,509,791 $888,650 +0.7%
Expenses $1,203,328 $927,030 +0.3%
Net Income $306,463 $-38,380 -9.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
13
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
$80,000
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEN LOVING CEO 50.00
Officer
$80,000 $0 $80,000
MIKE HIGHTOWER BOARD PRESID 4.00
Director
$0 $0 $0
MIKE ATTER VICE CHAIRMA 4.00
Director
$0 $0 $0
DANIEL BEAN TREASURER 4.00
Director
$0 $0 $0
GARY BEARD SECRETARY 4.00
Director
$0 $0 $0
DAVID ABRAMOWITZ BOARD MEMBER 4.00
Director
$0 $0 $0
DENO HICKS BOARD MEMBER 4.00
Director
$0 $0 $0
CHIPPER KEENER BOARD MEMBER 4.00
Director
$0 $0 $0
ANDREW KISZ BOARD MEMBER 4.00
Director
$0 $0 $0
MEDARDO MARTIN BOARD MEMBER 4.00
Director
$0 $0 $0
PERET PASS BOARD MEMBER 4.00
Director
$0 $0 $0
HELLENA PUGH BOARD MEMBER 4.00
Director
$0 $0 $0
JAIME QUINONES BOARD MEMBER 4.00
Director
$0 $0 $0
SPENCER SMITH BOARD MEMBER 4.00
Director
$0 $0 $0
JACK WEBB BOARD MEMBER 4.00
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
2024 No data No data No data No data
2023 $1,509,791 $1,203,328 $1,852,536 $306,463
2022 $888,650 $927,030 $1,547,656 $-38,380
2021 $824,451 $932,840 $1,589,473 $-108,389
2020 $1,122,687 $867,832 $1,737,705 $254,855
2019 $909,679 $826,684 $1,503,253 $82,995
2018 $754,080 $705,953 $1,440,235 $48,127
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FIVE STAR VETERANS CENTER with other nonprofits in Florida and across the country.