HEAVEN ON EARTH FOR VETERANS INC (EIN 462727624) - 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

2013

Legal Domicile

Principal Officer

CAROL BARKALOW

Phone

7274909441

Tax Period

2024-01-01 to 2024-12-31

HEAVEN ON EARTH FOR VETERANS INC, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $591K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $339K, a strong 57% operating margin.

Mission

TO ADVOCATE FOR VETERANS OF THE UNITED STATES ARMED FORCES BY PROVIDING HOUSE OPPORTUNITIES WHEN NECESSARY IN CARRYING OUT THIS MISSION SO THAT VETERANS HAVE HOUSING WHEN DISCHARGED FROM ACTIVE SERVICE AND ADVOCATE FOR HOUSING NEEDS WHEN THEY ARISE.

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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 $98,526

Program Service Revenue $0

Investment Income $347,643

Other Revenue $144,679

TOTAL REVENUE $590,848

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,126

Fundraising Expenses $0

Program Expenses $245,395

Other Expenses $179,707

TOTAL EXPENSES $251,833

Year-over-Year Comparison

	2024	2023	Change
Revenue	$590,848	$350,871	+0.7%
Expenses	$251,833	$250,684	+0.0%
Net Income	$339,015	$100,187	+2.4%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IAN OCONNELL	DIRECTOR	5.00	Director	$0	$0	$0
ADRIENNE SPROUL	DIRECTOR	5.00	Director	$0	$0	$0
THOMAS CONLEY	DIRECTOR	5.00	Director	$0	$0	$0
SEAN BOSKEN	DIRECTOR	5.00	Director	$0	$0	$0
JOHN NEUMANN	DIRECTOR	5.00	Director	$0	$0	$0
CAROL BARKALOW	EXEC DIRECTORPRES	40.00	Officer Director Key Emp	$0	$0	$0
LAURA BERKOWITZ	TREASURER	5.00	Officer Director	$0	$0	$0
ALLEN COLLINS	DEPUTY EXEC DIRVP	5.00	Officer Director	$0	$0	$0
ISOLDE GUSTAFSON	SECRETARY	5.00	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
2024	$590,848	$251,833	$1,440,085	$339,015
2023	$350,871	$250,684	$1,142,129	$100,187
2022	$346,641	$237,922	$1,040,903	$108,719
2021	$579,579	$245,924	$955,225	$333,655
2020	$311,722	$208,193	$656,517	$103,529
2019	$299,859	$210,964	$563,171	$88,895
2018	$204,055	$188,449	$488,189	$15,606

HEAVEN ON EARTH FOR VETERANS INC