SEMORA, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RACING FOR HEROES INC, founded in 2013, is a small nonprofit in the Mental Health sector that reported $313K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $285K left a modest 9% surplus.
SEEKING TO SUPPORT THE VETERAN COMMUNITY THROUGH COMMUNITY ENGAGEMENT, HEALTH AND WELLNESS, EDUCATION AND EMPLOYMENT, AND MOTORSPORT THERAPY PROGRAMS.
MOTORSPORT THERAPY. RFH WORKS WITH VETERANS IMPACTED BY THE SEEN AND UNSEEN WOUNDS OF WAR. THIS PROGRAM IS DESIGNED TO GIVE VETERANS THE SAME LEVEL OF ADRENALINE RUSH AND FOCUS AS THEY HAD IN THE...
MOTORSPORT THERAPY. RFH WORKS WITH VETERANS IMPACTED BY THE SEEN AND UNSEEN WOUNDS OF WAR. THIS PROGRAM IS DESIGNED TO GIVE VETERANS THE SAME LEVEL OF ADRENALINE RUSH AND FOCUS AS THEY HAD IN THE MILITARY AS A COROLLARY TO IMERSION THERAPY. THIS IS ESPECIALLY TRUE FOR THOSE VETERANS THAT WERE INVOLVED IN THE MORE KINETIC END OF MILITARY OPERATIONS WHO NEED THIS TYPE OF THERAPY.
EMPLOYMENT PROGRAM. THIS PROGRAM ASSISTS VETERANS AND FAMILY MEMBERS WITH FINDING JOB OPPORTUNITIES THROUGH OUR NETWORK OF BUSINESS PARTNERS.
HEALTH AND WELLNESS. THIS PROGRAM IS DESIGNED TO ASSIST VETERANS WHO ARE SUFFERING FROM MYRIAD ISSUES CAUSED BY SERVICE ESPECIALLY THOSE SUFFERING FROM DEPRESSION OR PTSD. THROUGH THE USE OF FITNESS...
HEALTH AND WELLNESS. THIS PROGRAM IS DESIGNED TO ASSIST VETERANS WHO ARE SUFFERING FROM MYRIAD ISSUES CAUSED BY SERVICE ESPECIALLY THOSE SUFFERING FROM DEPRESSION OR PTSD. THROUGH THE USE OF FITNESS REGIMES, VITAMIN AND SUPPLEMENT PROGRAMS, AND OTHER THERAPEUTIC METHODS SUCH AS STEM CELL THERAPY WE LOOK TO DECREASE ADVERSE EFFECTS. IN TURN VETERANS FEEL BETTER ARE LESS DEPRESSED AND THEREFORE LESS LIKELY TO COMMIT SUICIDE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $312,843 | $407,303 | -0.2% |
| Expenses | $284,613 | $493,876 | -0.4% |
| Net Income | $28,230 | $-86,573 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KURT COOK | VICE CHAIRMA | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC DITTY | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE EVOCK | CHAIRMAN OF | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $312,843 | $284,613 | $246,416 | $28,230 |
| 2022 | $407,303 | $493,876 | $216,776 | $-86,573 |
| 2021 | $310,698 | $489,906 | $293,217 | $-179,208 |
| 2020 | $233,990 | $323,319 | $167,079 | $-89,329 |
| 2019 | $171,282 | $222,960 | $87,534 | $-51,678 |
| 2018 | $917,544 | $877,428 | $160,706 | $40,116 |
Compare RACING FOR HEROES INC with other nonprofits in North Carolina and across the country.