HILLVETS FOUNDATION

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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

2015

Legal Domicile

Principal Officer

JUSTIN BROWN

Phone

5712719737

Tax Period

2024-01-01 to 2024-12-31

HILLVETS FOUNDATION, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $516K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $135K, a strong 26% operating margin.

Mission

TO SERVE THE COMMUNITY OF VETERANS, SERVICE MEMBERS, AND SUPPORTERS IN OUR NATIONS CAPITOL WITH OPPORTUNITY, MENTORSHIP, HOUSING, PEER SUPPORT, AND TRAINING IN THEIR PURSUIT OF CONTINUED SERVICE IN

Program Service Accomplishments

Program 1

Expenses: $304,960

IN 2024, HILLVETS STRENGTHENED ITS COMMITMENT TO EMPOWERING THE

Program 2

IN TERMS OF EMPOWERMENT, HILLVETS PLACED OVER 12 VETERANS AS FELLOWS

Program 3

COMMUNITIVE-BUILDING INITIATIVES INCLUDE HOSTING REGULAR ALUMNI AND

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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 $515,903

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $515,903

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,675

Fundraising Expenses $24,086

Program Expenses $304,960

Other Expenses $287,384

TOTAL EXPENSES $381,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,903	$357,152	+0.4%
Expenses	$381,059	$364,166	+0.0%
Net Income	$134,844	$-7,014	-20.2%

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
JUSTIN BROWN	CHAIRMAN	40	Director	$0	$0	$0
SAKI VERVERIS	TREASURER	1	Director	$0	$0	$0
DAVID BELL	SECRETARY	1	Director	$0	$0	$0
ABIGAIL GAGE	DIRECTOR	1	Director	$0	$0	$0
JOSEPH BETTELY	DIRECTOR	1	Director	$0	$0	$0
ERICA SHUMACK	DIRECTOR	1	Director	$0	$0	$0
R LEVENBERRY	DIRECTOR	1	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
2025	No data	No data	No data	No data
2024	$515,903	$381,059	$291,374	$134,844
2023	$357,152	$364,166	$159,368	$-7,014
2022	$506,429	$503,615	$167,645	$2,814
2021	$262,847	$403,682	$197,636	$-140,835
2020	$436,246	$373,527	$304,771	$62,719
2019	$476,858	$344,593	$242,052	$132,265
2018	$272,420	$177,861	$109,787	$94,559