Combined Arms

EIN: 475648923 501(c)(3) Public & Societal Benefit

Houston, TX

Total Revenue
$5,784,768
Total Expenses
$6,654,436
Total Assets
$2,266,677
Net Assets
$-9,327
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
Mike Hutchings
Phone
8887373112
Tax Period
2024-01-01 to 2024-12-31

Combined Arms, founded in 2015, is a community nonprofit in the Public & Societal Benefit sector that reported $5.8M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $6.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

Combined Arms (CA) delivers innovative technology solutions that optimize connection to resources and drive network-wide efficiencies, ultimately improving the quality of life for veterans and military families.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,790,620
Program Service Revenue $872,821
Investment Income $19,034
Other Revenue $102,293
TOTAL REVENUE $5,784,768

Expense Breakdown

Grants Paid $257,959
Salaries & Benefits $3,295,192
Fundraising Expenses $566,220
Program Expenses $5,656,012
Other Expenses $3,101,285
TOTAL EXPENSES $6,654,436

Year-over-Year Comparison

2024 2023 Change
Revenue $5,784,768 $5,209,561 +0.1%
Expenses $6,654,436 $5,903,800 +0.1%
Net Income $-869,668 $-694,239 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
35
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
5
$200,000
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Hutchings CEO 40.0
Officer
$192,910 $7,090 $200,000
Lauren Gore Vice Chairman 3.0
Officer Director
$0 $0 $0
Ashley Eastin Secretary 3.0
Officer Director
$0 $0 $0
Jonny Havens Member 1.0
Director
$0 $0 $0
Doug Foshee Chairman 3.0
Officer Director
$0 $0 $0
David Nightingale Member 1.0
Director
$0 $0 $0
Kelsey Hultberg Member 1.0
Director
$0 $0 $0
Jeff Hart Member 1.0
Director
$0 $0 $0
Jerry Lasco Member 1.0
Director
$0 $0 $0
Brooks Ballard Member 1.0
Director
$0 $0 $0
Barbara W Sweredoski Member 1.0
Director
$0 $0 $0
William Bill Ahmanson Member 1.0
Director
$0 $0 $0
Kim Hales Member 1.0
Director
$0 $0 $0
Jesus Terrones Member 1.0
Director
$0 $0 $0
Andy Puhala Treasurer 3.0
Officer Director
$0 $0 $0
David Ulrey Member 1.0
Director
$0 $0 $0
Patrick Lissonnet Member 1.0
Director
$0 $0 $0
Bill Pritchett Member 1.0
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 $5,784,768 $6,654,436 $2,266,677 $-869,668
2023 $5,209,561 $5,903,800 $2,615,582 $-694,239
2022 $3,849,778 $4,678,927 $3,177,172 $-829,149
2021 $3,839,027 $3,719,978 $2,809,376 $119,049
2020 $3,405,818 $3,042,485 $2,383,433 $363,333
2019 $2,928,698 $2,141,452 $2,001,454 $787,246
2018 $1,190,682 $940,461 $1,017,001 $250,221
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