Hometown Heroes Inc
EIN: 900421984 · Grafton, WI · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Net Assets | $777K |
Is Hometown Heroes Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hometown Heroes Inc
Hometown Heroes Inc (EIN: 900421984) is a nonprofit organization based in Grafton, WI, classified under NTEE code P60. The organization reported total revenue of $1.3M and total assets of $1.0M 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 mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-242,473 |
| Total Assets | $1.0M |
| Total Liabilities | $268K |
| Net Assets | $777K |
| Operating Margin | -22.4% |
| Debt-to-Asset Ratio | 25.7% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Hometown Heroes Inc reported a deficit of $242K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hometown Heroes Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | -0.7% | -22.8% |
| 2022 | -8.2% | +38.6% | +20.1% |
| 2021 | +53.0% | +79.9% | +35.1% |
| 2020 | +6.4% | -32.2% | +115.4% |
| 2019 | +31.6% | +7.4% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hometown Heroes Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hometown Heroes Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $242K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.7%.
Frequently Asked Questions about Hometown Heroes Inc
Is Hometown Heroes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hometown Heroes Inc (EIN: 900421984) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hometown Heroes Inc spend its money?
Detailed spending breakdown data is not yet available for Hometown Heroes Inc. Check back for updated IRS 990 analysis.
Are donations to Hometown Heroes Inc tax-deductible?
Hometown Heroes Inc is registered as a tax-exempt nonprofit (EIN: 900421984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hometown Heroes Inc located?
Hometown Heroes Inc is headquartered in Grafton, Wisconsin and files with the IRS under EIN 900421984. It is classified under NTEE code P60.
How many years of IRS 990 filings does Hometown Heroes Inc have?
Hometown Heroes Inc has 13 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 $1.3M in total revenue.
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 729.1%, moving from $131K to $1.1M. Total assets increased by 2162% over the same period, from $46K to $1.0M. Total functional expenses rose by 602.1%, from $189K to $1.3M. In its most recent filing year (2023), Hometown Heroes Inc reported a deficit of $242K, with expenses exceeding revenue. The organization holds $268K in liabilities against $1.0M in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $777K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.3M | $1.0M | $268K | — | — |
| 2022 | $1.2M | $1.3M | $1.4M | $481K | — | View 990 |
| 2021 | $1.3M | $964K | $1.1M | $111K | — | View 990 |
| 2020 | $852K | $536K | $836K | $162K | — | View 990 |
| 2019 | $800K | $790K | $388K | $42K | — | View 990 |
| 2018 | $608K | $736K | $358K | $24K | — | View 990 |
| 2017 | $615K | $541K | $483K | $22K | — | View 990 |
| 2016 | $518K | $506K | $394K | $7K | — | View 990 |
| 2015 | $694K | $407K | $397K | $23K | — | View 990 |
| 2014 | $305K | $327K | $129K | $41K | — | View 990 |
| 2013 | $194K | $179K | $110K | $0 | — | View 990 |
| 2012 | $142K | $94K | $94K | $0 | — | View 990 |
| 2011 | $131K | $189K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.3M, and assets of $1.0M (revenue -9.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $1.4M (revenue -8.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $964K, and assets of $1.1M (revenue +53.0% year-over-year).
- 2020: Revenue of $852K, expenses of $536K, and assets of $836K (revenue +6.4% year-over-year).
- 2019: Revenue of $800K, expenses of $790K, and assets of $388K (revenue +31.6% year-over-year).
- 2018: Revenue of $608K, expenses of $736K, and assets of $358K (revenue -1.2% year-over-year).
- 2017: Revenue of $615K, expenses of $541K, and assets of $483K (revenue +18.8% year-over-year).
- 2016: Revenue of $518K, expenses of $506K, and assets of $394K (revenue -25.3% year-over-year).
- 2015: Revenue of $694K, expenses of $407K, and assets of $397K (revenue +127.7% year-over-year).
- 2014: Revenue of $305K, expenses of $327K, and assets of $129K (revenue +57.3% year-over-year).
- 2013: Revenue of $194K, expenses of $179K, and assets of $110K (revenue +36.4% year-over-year).
- 2012: Revenue of $142K, expenses of $94K, and assets of $94K (revenue +8.5% year-over-year).
- 2011: Revenue of $131K, expenses of $189K, and assets of $46K.
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.