HEROES OF HONOR FOUNDATION INC (EIN 593819512) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

ALLEN O CAGE JR

Phone

7032344624

Tax Period

2024-01-01 to 2024-12-31

YOUTH QUEST FOUNDATION INC, founded in 2005, is a small nonprofit in the Youth Development sector that reported $237K in total revenue in fiscal year 2018. Revenue decreased 13% compared to the prior year. Expenses of $548K exceeded revenue, resulting in a 131% operating deficit.

Mission

HEROES OF HONOR IS DEDICATED TO SUPPORTING ACTIVE-DUTY MILITARY, FIRST RESPONDERS, AND VETERANS. THROUGH SCHOLARSHIPS AND OFFSHORE BOAT CHARTERS, THE ORGANIZATION AIMS TO ENHANCE OVERALL MENTAL HEALTH AND WELL-BEING. BY PROVIDING EDUCATIONAL OPPORTUNITIES AND THERAPEUTIC OUTDOOR EXPERIENCES, HEROES OF HONOR FOSTERS RESILIENCE, CAMARADERIE, AND HEALING FOR THOSE WHO HAVE BRAVELY SERVED THEIR COMMUNITIES AND COUNTRY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $534,085

Program Service Revenue $0

Investment Income $159,440

Other Revenue $0

TOTAL REVENUE $693,525

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $447,399

Other Expenses $451,164

TOTAL EXPENSES $451,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$693,525	N/A	N/A
Expenses	$451,164	N/A	N/A
Net Income	$242,361	$0	N/A

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

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
ALLEN CAGE JR	PRESIDENT	5.00	Officer Director	$0	$0	$0
RACHEL CAGE	TREASURER	5.00	Officer	$0	$0	$0
RYAN CAGE	SECRETARY	5.00	Officer	$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	$693,525	$451,164	$242,361	$242,361
2020	$382,193	$178,640	$34,482	$203,553
2019	$229,579	$489,952	$43,898	$-260,373
2018	$236,927	$547,597	$205,140	$-310,670

HEROES OF HONOR FOUNDATION INC