The 31Heroes Project

EIN: 453581265 501(c)(3) Human Services

Virginia Beach, VA

Total Revenue
$245,804
Total Expenses
$262,187
Total Assets
$34,959
Net Assets
$-93,333
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
VA
Principal Officer
Jill Arnone
Phone
7577499358
Tax Period
2024-01-01 to 2024-12-31

The 31Heroes Project, founded in 2012, is a small nonprofit in the Human Services sector that reported $165K in total revenue in fiscal year 2017. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $225K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE 31 HEROES PROJECT EXISTS TO HONOR OUR FALLEN HEROES KILLED IN ACTION AUGUST 6, 2011 by raising money and awareness through social and athletic events to support the families of Extortion 17 and honor their legacy by funding the treatment of TBI/PTSD.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,768
Program Service Revenue $210,032
Investment Income $4
Other Revenue $0
TOTAL REVENUE $245,804

Expense Breakdown

Grants Paid $28,902
Salaries & Benefits $92,200
Fundraising Expenses $6,508
Program Expenses $236,357
Other Expenses $141,085
TOTAL EXPENSES $262,187

Year-over-Year Comparison

2024 2023 Change
Revenue $245,804 $313,197 -0.2%
Expenses $262,187 $268,602 0.0%
Net Income $-16,383 $44,595 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
100

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
$77,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jill Arnone Executive Director 40.00
Officer
$77,000 $0 $77,000
Jason Barnes President 2.50
Director
$0 $0 $0
JOHN WEISS BOARD MEMBER 2.50
Director
$0 $0 $0
Vanessa Coria BOARD MEMBER 2.50
Director
$0 $0 $0
Terry Ford BOARD MEMBER 2.50
Director
$0 $0 $0
Robert Thorndike BOARD MEMBER 2.50
Director
$0 $0 $0
Todd Kline BOARD MEMBER 2.50
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 $245,804 $262,187 $34,959 $-16,383
2023 $313,197 $268,602 $29,479 $44,595
2022 $284,618 $344,518 $23,504 $-59,900
2021 $329,209 $337,185 $38,659 $-7,976
2020 $150,561 $222,169 $39,967 $-71,608
2019 $206,462 $249,541 $29,353 $-43,079
2018 $188,803 $211,837 $78,785 $-23,034
2017 $165,185 $225,334 $107,142 $-60,149
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