Heroes Camp Inc
Heroes Camp Inc. maintains strong assets despite recent operating deficits and reports no officer compensation.
EIN: 204334613 · Mishawaka, IN · NTEE: O55 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $993K |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Heroes Camp Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heroes Camp Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heroes Camp Inc
Heroes Camp Inc (EIN: 204334613) is a nonprofit organization based in Mishawaka, IN, classified under NTEE code O55. The organization reported total revenue of $993K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heroes Camp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heroes Camp Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $890K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-140,041 |
| Total Assets | $1.8M |
| Total Liabilities | $23K |
| Net Assets | $1.8M |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 20.8 months |
Financial Health Grade: B
In 2023, Heroes Camp Inc reported a deficit of $140K with expenses exceeding revenue, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Heroes Camp Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +2.7% | -7.6% |
| 2022 | +13.6% | +23.3% | -0.8% |
| 2021 | -4.3% | +19.8% | +0.7% |
| 2020 | +48.8% | +0.4% | +17.0% |
| 2019 | -6.9% | +11.4% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heroes Camp Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Heroes Camp Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $140K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Heroes Camp Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for minimizing administrative overhead relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Heroes Camp Inc's IRS 990 filings:
- Operating deficits in 2022 and 2023, where expenses exceeded revenue ($1,003,241 vs. $987,696 in 2022; $1,029,859 vs. $889,818 in 2023), indicate spending more than earned in those periods.
Strengths
The following positive indicators were identified for Heroes Camp Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Strong asset base, consistently above $1.7 million in recent years, providing financial resilience.
- Consistent filing of IRS Form 990s for 14 periods, demonstrating good transparency and compliance.
- Significant asset growth from $1,099,979 in 2014 to $1,783,231 in 2023.
Frequently Asked Questions about Heroes Camp Inc
Is Heroes Camp Inc a legitimate charity?
Heroes Camp Inc (EIN: 204334613) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $993K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Heroes Camp Inc spend its money?
Heroes Camp Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heroes Camp Inc tax-deductible?
Heroes Camp Inc is registered as a tax-exempt nonprofit (EIN: 204334613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heroes Camp Inc's spending goes to programs?
Heroes Camp Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heroes Camp Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heroes Camp Inc is above average for NTEE category O55 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heroes Camp Inc located?
Heroes Camp Inc is headquartered in Mishawaka, Indiana and files with the IRS under EIN 204334613. It is classified under NTEE code O55.
How many years of IRS 990 filings does Heroes Camp Inc have?
Heroes Camp Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $993K in total revenue.
Is Heroes Camp Inc. financially stable?
Heroes Camp Inc. demonstrates good financial stability with assets consistently above $1.7 million, providing a strong buffer despite recent operating deficits in 2022 and 2023. Their revenue streams are generally consistent, averaging close to $900,000 annually.
How does Heroes Camp Inc. manage executive compensation?
Heroes Camp Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that executive leadership is either unpaid or compensated below the IRS reporting threshold, which is a positive sign for donor funds being directed towards the mission.
Has Heroes Camp Inc. experienced financial growth?
Heroes Camp Inc. has shown fluctuating revenue over the years, with a peak of $1,236,347 in 2015, but has generally maintained revenues between $800,000 and $1,000,000 in recent periods. Assets have grown significantly from $1,099,979 in 2014 to $1,783,231 in 2023.
Filing History
IRS 990 filing history for Heroes Camp Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Heroes Camp Inc's revenue has grown by 326.4%, moving from $209K to $890K. Total assets increased by 110.6% over the same period, from $847K to $1.8M. Total functional expenses rose by 322.3%, from $244K to $1.0M. In its most recent filing year (2023), Heroes Camp Inc reported a deficit of $140K, with expenses exceeding revenue. The organization holds $23K in liabilities against $1.8M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $890K | $1.0M | $1.8M | $23K | — | — |
| 2022 | $988K | $1.0M | $1.9M | $29K | — | View 990 |
| 2021 | $869K | $813K | $1.9M | $30K | — | View 990 |
| 2020 | $908K | $679K | $1.9M | $40K | — | View 990 |
| 2019 | $611K | $676K | $1.7M | $0 | — | View 990 |
| 2018 | $656K | $607K | $1.7M | $0 | — | View 990 |
| 2017 | $479K | $564K | $1.7M | $0 | — | View 990 |
| 2016 | $562K | $554K | $1.8M | $0 | — | View 990 |
| 2015 | $1.2M | $574K | $1.8M | $0 | — | View 990 |
| 2014 | $700K | $516K | $1.1M | $8K | — | View 990 |
| 2013 | $450K | $362K | $940K | $31K | — | View 990 |
| 2012 | $376K | $400K | $840K | $19K | — | View 990 |
| 2011 | $312K | $293K | $868K | $23K | — | View 990 |
| 2010 | $209K | $244K | $847K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $890K, expenses of $1.0M, and assets of $1.8M (revenue -9.9% year-over-year).
- 2022: Revenue of $988K, expenses of $1.0M, and assets of $1.9M (revenue +13.6% year-over-year).
- 2021: Revenue of $869K, expenses of $813K, and assets of $1.9M (revenue -4.3% year-over-year).
- 2020: Revenue of $908K, expenses of $679K, and assets of $1.9M (revenue +48.8% year-over-year).
- 2019: Revenue of $611K, expenses of $676K, and assets of $1.7M (revenue -6.9% year-over-year).
- 2018: Revenue of $656K, expenses of $607K, and assets of $1.7M (revenue +36.8% year-over-year).
- 2017: Revenue of $479K, expenses of $564K, and assets of $1.7M (revenue -14.7% year-over-year).
- 2016: Revenue of $562K, expenses of $554K, and assets of $1.8M (revenue -54.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $574K, and assets of $1.8M (revenue +76.7% year-over-year).
- 2014: Revenue of $700K, expenses of $516K, and assets of $1.1M (revenue +55.4% year-over-year).
- 2013: Revenue of $450K, expenses of $362K, and assets of $940K (revenue +19.7% year-over-year).
- 2012: Revenue of $376K, expenses of $400K, and assets of $840K (revenue +20.4% year-over-year).
- 2011: Revenue of $312K, expenses of $293K, and assets of $868K (revenue +49.7% year-over-year).
- 2010: Revenue of $209K, expenses of $244K, and assets of $847K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heroes Camp Inc:
Data Sources and Methodology
This transparency report for Heroes Camp Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.