Hometown Heroes Inc

Search Intent Cockpit

Hometown Heroes Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hometown Heroes Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hometown Heroes Inc in one place.

Is Hometown Heroes Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Hometown Heroes Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Health peer market in North Carolina →

Next Best Actions

Keep the Investigation Moving

Hometown Heroes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hometown Heroes Inc

Hometown Heroes Inc (EIN: 201561839) is a nonprofit organization based in Monroe, NC, classified under NTEE code E80. The organization reported total revenue of $442K and total assets of $662K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hometown Heroes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Hometown Heroes Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Hometown Heroes Inc reported a surplus of $34K with revenue exceeding expenses, holds 26.4 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Hometown Heroes Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.

IRS Tax-Exempt Classification

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 Hometown Heroes Inc with a Mission Score of 88 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Hometown Heroes Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $34K, with revenue exceeding expenses.

Executive Compensation Analysis

Hometown Heroes Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that executive leadership is either entirely volunteer-based or compensated through other expense categories, which is unusual for an organization of its size and growth.

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 Hometown Heroes Inc's IRS 990 filings:

• Unclear executive compensation reporting (0% officer comp reported for all years, which is unusual for an organization of this size and growth, potentially obscuring actual leadership costs).

Strengths

The following positive indicators were identified for Hometown Heroes Inc:

• Consistent revenue growth (from $105,429 in 2014 to $332,092 in 2023).
• Strong asset accumulation (from $129,727 in 2014 to $653,581 in 2023).
• Zero reported liabilities across all filings, indicating excellent financial health and low risk.
• Consistent revenue exceeding expenses, leading to healthy surpluses (e.g., $34,469 in 2023).

Frequently Asked Questions about Hometown Heroes Inc

Filing History

IRS 990 filing history for Hometown Heroes Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hometown Heroes Inc's revenue has grown by 243.4%, moving from $97K to $332K. Total assets increased by 502.8% over the same period, from $108K to $654K. Total functional expenses rose by 195.7%, from $101K to $298K. In its most recent filing year (2023), Hometown Heroes Inc reported a surplus of $34K, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2023: Revenue of $332K, expenses of $298K, and assets of $654K (revenue -6.2% year-over-year).
• 2022: Revenue of $354K, expenses of $303K, and assets of $619K (revenue +14.3% year-over-year).
• 2021: Revenue of $310K, expenses of $192K, and assets of $568K (revenue +8.6% year-over-year).
• 2020: Revenue of $285K, expenses of $148K, and assets of $450K (revenue +16.4% year-over-year).
• 2019: Revenue of $245K, expenses of $174K, and assets of $312K (revenue +22.3% year-over-year).
• 2018: Revenue of $200K, expenses of $155K, and assets of $241K (revenue -11.1% year-over-year).
• 2017: Revenue of $225K, expenses of $183K, and assets of $196K (revenue +86.5% year-over-year).
• 2016: Revenue of $121K, expenses of $141K, and assets of $153K (revenue -14.3% year-over-year).
• 2015: Revenue of $141K, expenses of $98K, and assets of $173K (revenue +33.9% year-over-year).
• 2014: Revenue of $105K, expenses of $96K, and assets of $130K (revenue -11.5% year-over-year).
• 2013: Revenue of $119K, expenses of $120K, and assets of $120K (revenue -16.0% year-over-year).
• 2012: Revenue of $142K, expenses of $130K, and assets of $121K (revenue +46.7% year-over-year).
• 2011: Revenue of $97K, expenses of $101K, and assets of $108K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hometown Heroes Inc:

Data Sources and Methodology

This transparency report for Hometown Heroes 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.