PROJECT K9 HERO

EIN: 811770909 501(c)(3) Animal-Related

WHITWELL, TN

Total Revenue
$5,866,966
Total Expenses
$4,912,890
Total Assets
$3,072,823
Net Assets
$2,936,768
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
JASON K JOHNSON
Phone
8108446045
Tax Period
2024-01-01 to 2024-12-31

PROJECT K9 HERO, founded in 2016, is a community nonprofit in the Animal-Related sector that reported $5.9M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $954K, a strong 16% operating margin.

Mission

PROJECT K-9 HERO (THE ORGANIZATION) IS A NON-PROFIT CORPORATION LOCATED IN WHITWELL, TN. THE ORGANIZATIONS PURPOSE IS TO EDUCATE THE PUBLIC ON THE COSTS AND RESPONSIBILITIES OF ADOPTING A RETIRED POLICE K-9S AND MILITARY WORKING DOGS. THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE WITH COVERING/OFFSETTING MEDICAL AND PRESCRIPTION FOOD COSTS, AS WELL AS THE REHABILITATION AND REHOMING FOR RETIRED K-9 HEROES. THE ORGANIZATION IS PRIMARILY SUPPORTED BY DONATIONS, CORPORATE SPONSORS, IN-KIND CONTRIBUTIONS, PLUS THE SALE OF BRANDED APPAREL AND OTHER ITEMS.

Program Service Accomplishments

Program 1
Expenses: $4,381,392

TO ENSURE EACH K-9 HERO IS REWARDED WITH HEALTH AND THE WAY OF LIFE THAT THEY DESERVE FOR THEIR FAITHFUL AND LOYAL SERVICE. TO EDUCATE THE PUBLIC ON THE COSTS AND RESPONSIBILITIES OF ADOPTING A...

Read more

TO ENSURE EACH K-9 HERO IS REWARDED WITH HEALTH AND THE WAY OF LIFE THAT THEY DESERVE FOR THEIR FAITHFUL AND LOYAL SERVICE. TO EDUCATE THE PUBLIC ON THE COSTS AND RESPONSIBILITIES OF ADOPTING A RETIRED K-9 HERO. TO HELP COVER OR OFFSET ALL MEDICAL, PRESCRIPTION FOOD, AND END OF DUTY COSTS FOR RETIRED K-9 HEROES. WITH DOZENS OF RETIRED K-9 HEROES NEEDING SUPPORT, THE TIME HAS COME FOR PROJECT K-9 HERO TO MOVE FORWARD WITH BUILDING A REHABILITATION AND REHOMING FACILITY, ALONG WITH OUR CORPORATE HEADQUARTERS. THIS FACILITY WILL SUPPORT AND FURTHER OUR MISSION, ALLOWING US TO PROVIDE AN ENRICHING, SAFE, AND HEALTHY ENVIRONMENT FOR RETIRED HEROES IN NEED OF AN IMMEDIATE HOME. WE ARE CURRENTLY IN THE INITIAL STAGES OF DESIGN AND CONSTRUCTION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,803,687
Program Service Revenue $0
Investment Income $7,512
Other Revenue $55,767
TOTAL REVENUE $5,866,966

Expense Breakdown

Grants Paid $636,502
Salaries & Benefits $660,660
Fundraising Expenses $297,344
Program Expenses $4,381,392
Other Expenses $3,578,966
TOTAL EXPENSES $4,912,890

Year-over-Year Comparison

2024 2023 Change
Revenue $5,866,966 $4,035,169 +0.5%
Expenses $4,912,890 $3,972,163 +0.2%
Net Income $954,076 $63,006 +14.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
8
Volunteers
25

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
3
$163,383
Total Directors
7
$163,383
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON K JOHNSON PRESIDENT, D 60.00
Officer Director
$144,087 $19,296 $163,383
ASHLEY ALTMAN SECRETARY, D 5.00
Officer Director
$0 $0 $0
KENNETH LUST DVM MEDICAL DIRE 5.00
Director
$0 $0 $0
DAVID DYCUS MEDICAL DIRE 5.00
Director
$0 $0 $0
PATRICK LESER TREASURER, D 5.00
Officer Director
$0 $0 $0
MELISSA PARSONS-DOHERTY MEDICAL DIRE 5.00
Director
$0 $0 $0
SURANGI WIDYARATNE CAPITAL CAMP 5.00
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
2024 $5,866,966 $4,912,890 $3,072,823 $954,076
2023 $4,035,169 $3,972,163 $2,298,650 $63,006
2022 $4,241,488 $3,371,997 $2,357,482 $869,491
2022 $4,241,488 $3,371,997 $2,357,482 $869,491
2021 $3,709,319 $3,524,704 $1,551,722 $184,615
2020 $2,369,357 $2,108,211 $1,266,766 $261,146
2019 $2,023,231 $1,743,765 $1,034,957 $279,466
2018 $1,496,579 $1,267,280 $433,686 $229,299
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROJECT K9 HERO with other nonprofits in Tennessee and across the country.