HEROS RELIEF INC (EIN 474414282) - 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

2015

Legal Domicile

Principal Officer

CARL PALLONE

Phone

7275426317

Tax Period

2020-01-01 to 2020-12-31

HEROS RELIEF INC, founded in 2015, is a micro nonprofit that reported $158K in total revenue in fiscal year 2020.

Mission

TO FINANCIALLY ASSIST NEEDY VETARANS. PROVIDE AN HANDUP TO VETERANS IN NEED.

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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 (2020)

Revenue Breakdown

Contributions & Grants $23,243

Program Service Revenue $0

Investment Income $-177,864

Other Revenue $-3,343

TOTAL REVENUE $-157,964

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $653,092

Program Expenses $3,599

Other Expenses $655,191

TOTAL EXPENSES $656,691

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-157,964	$-2,681	+57.9%
Expenses	$656,691	$494	+1328.3%
Net Income	$-814,655	$-3,175	+255.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL PALLONE	CO	040.00	Officer Director	$0	$0	$0
RICHARD WILLIAMS	TREASURER	000.25	Officer Director	$0	$0	$0
ROM RAMCHARRAN	VICE CHAIR	001.00	Officer Director	$0	$0	$0
ALICIA BLACK	SECRETARY	001.00	Officer Director	$0	$0	$0
RUSSEL WASHINGTON	BOARD MEMBER	001.00	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
2020	$-157,964	$656,691	$25,682	$-814,655

HEROS RELIEF INC