HBOT 4 HEROES

EIN: 923494632 501(c)(3) Health Care

DURHAM, NC

Total Revenue
$151,641
Total Expenses
$252,275
Total Assets
$41,881
Net Assets
$38,076
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NC
Principal Officer
EDWARD R DI GIROLAMO
Phone
9193543740
Tax Period
2025-01-01 to 2025-12-31

HBOT 4 HEROES, founded in 2023, is a small nonprofit in the Health Care sector that reported $152K in total revenue in fiscal year 2025. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $252K exceeded revenue, resulting in a 66% operating deficit.

Mission

HBOT4HEROES MISSION IS TO ENHANCE THE QUALITY AND LONGEVITY OF LIFE FOR OUR NATIONS HEROES BY EXPANDING ACCESS (THROUGH THERAPY FUNDING) TO HBOT CLINICS, CAPITALIZING ON SUCCESS OF HOLISTIC THERAPIES THROUGH HBOT CLINICS WHILE EMPOWERING PROFESSIONALS IN THE MISSION TO SUPPORT LOCAL AND STATEWIDE VETERAN GROUPS.

Program Service Accomplishments

Program 1
Expenses: $49,395 Revenue: $108,227

IN 2025, HBOT4HEROES FOCUSED ON EXPANDING OUR REACH AND AWARENESS, DEDICATING SUBSTANTIAL EFFORTS TOWARD COMMUNITY OUTREACH AND EDUCATION ACROSS NORTH CAROLINA. ENGAGING WITH OVER 50 VETERAN...

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IN 2025, HBOT4HEROES FOCUSED ON EXPANDING OUR REACH AND AWARENESS, DEDICATING SUBSTANTIAL EFFORTS TOWARD COMMUNITY OUTREACH AND EDUCATION ACROSS NORTH CAROLINA. ENGAGING WITH OVER 50 VETERAN ORGANIZATIONS THROUGH SOCIAL MEDIA, EMAIL, PERSONAL MEETINGS, AND EVENT PARTICIPATIONS, WE AIMED TO IDENTIFY VETERANS IN NEED AND EDUCATE THEM ON THE BENEFITS OF HYPERBARIC OXYGEN THERAPY (HBOT). A SIGNIFICANT PORTION OF OUR EXPENDITURES, SUPPORTED KEY PERSONNEL DEDICATED TO THE EFFORT AND INSTRUMENTAL IN THESE OUTREACH ACTIVITIES. DESPITE FACING A DEMAND THAT SURPASSED AVAILABLE RESOURCES, WE EMPHASIZED RAISING FUNDS TO ENSURE THE PROVISION OF LIFE-SAVING HBOT TREATMENTS, UNDERLINING OUR COMMITMENT TO OUR MISSION AND THE VETERANS WE SERVE.

Program 2
Expenses: $132,031 Revenue: $10,000

DURING 2024 AND INTO 2025, HBOT 4 HEROES WAS THE HONORED RECEIPIENT OF FUNDING MADE AVAILABLE TO THE COMMUNITY FOUNDATION OF NC EAST, INC. "CFNC EAST", WHO SERVED AS THE RECIPIENT AND GRANT FIDUCIARY...

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DURING 2024 AND INTO 2025, HBOT 4 HEROES WAS THE HONORED RECEIPIENT OF FUNDING MADE AVAILABLE TO THE COMMUNITY FOUNDATION OF NC EAST, INC. "CFNC EAST", WHO SERVED AS THE RECIPIENT AND GRANT FIDUCIARY OF THIS FUNDING. THE FUNDING SOURCES WERE MADE AVAILABLE TO CFNC EAST BY THE STATE OF NORTH CAROLINA THROUGH PROGRAMS THAT CONSISTED OF THE STATE BUDGET PROGRAM AS WELL AS THE ARPA GRANT PROGRAM. THIS FUNDING ALLOWED HBOT 4 HEROES TO MATERIALLY ENHANCE OUR ABILITY TO PROVIDE FOR HYPERBARIC OXYGEN THERAPIES TO OUR VETERANS IN NEED. HBOT 4 HEROES WAS ABLE TO FUND THESE SERVICES FOR APPROXIMATELY 230 VETERANS WHICH INCLUDED APPROXIMATELY 5,287 HYPERBARIC OXYGEN THERAPY TREATMENTS. THE FUNDING OF THESE TREATMENTS ARE FOCUSED ON IMPROVING VETERANS' COGNITIVE PERFORMANCE AND EMOTIONAL WELL-BEING, REDUCING SYMPTIONS ASSOCIATED WITH PTSD AND TBI, AND ULTIMATELY AIMING TO DECREASE SUICIDE IDEATION AMONG THIS POPULATION. DURING 2024 HBOT 4 HEROES RECEIVED 910,000 WITH THE REMAINING 10,000 OF THE FUNDING RECEIVED IN EARLY 2025. DURING 2025 - HBOT 4 HEROES WAS ABLE TO USE ALL REMAINING FUNDS TO FURTHER PROVIDE FOR FUNDING FOR HYPERBARIC THERAPY FOR VETERAN TREATMENTS. HBOT 4 HEROES DID NOT RETAIN ANY FUNDING WITH 100% OF THE AMOUNTS RECEIVED GOING DIRECTLY FOR THE BENEFIT OF OUR VETERANS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $118,228
Program Service Revenue $0
Investment Income $0
Other Revenue $33,413
TOTAL REVENUE $151,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $39,840
Program Expenses $181,426
Other Expenses $252,275
TOTAL EXPENSES $252,275

Year-over-Year Comparison

2025 2024 Change
Revenue $151,641 $1,181,749 -0.9%
Expenses $252,275 $1,106,323 -0.8%
Net Income $-100,634 $75,426 -2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD R DI GIROLAMO BOARD CHAIRM 25.00
Officer Director
$0 $0 $0
XAVIER A FIGUEROA PHD VICE CHAIRMA 10.00
Officer Director
$0 $0 $0
EDWARD F FOGARTY MD TREASURER 10.00
Officer Director
$0 $0 $0
CHRISTY THALHEIMER SECRETARY 5.00
Officer Director
$0 $0 $0
PAUL G HARCH MD BOARD MEMBER 5.00
Director
$0 $0 $0
DAPHNE W DENHAM MD FACCWS BOARD MEMBER 5.00
Director
$0 $0 $0
KENT J MACLAUGHLIN PHD BOARD MEMBER 5.00
Director
$0 $0 $0
CHRISTIAN BOGNER MD BOARD MEMBER 5.00
Director
$0 $0 $0
MICHAEL PIERCE DC BOARD MEMBER 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
2025 $151,641 $252,275 $41,881 $-100,634
2024 $1,181,749 $1,106,323 $143,690 $75,426
2023 $94,802 $34,462 $70,770 $60,340
2023 $94,802 $34,462 $70,770 $60,340
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