Impact A Hero
- Assets
- $210.3k
- Revenue
- $564.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Houston, TX
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 20-1189015
Organization Overview
Impact A Hero is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Impact A Hero employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact A Hero is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Impact A Hero generated $564.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $661.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE A POSITIVE IMPACT IN THE LIVES OF MILITARY VETERANS, ACTIVE SERVICE MEMBERS AND THEIR FAMILIES THROUGH ADVANCING LEADERSHIP AND PERSONAL GROWTH DEVELOPMENT, STRENGTHENING COMMUNITY AND ENCOURAGING ESPRIT DE CORP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT-PROVIDES IMMEDIATE ASSISTANCE TO VETERANS WITH UNFORESEEN OR EXTREME FINANCIAL HARDSHIPS. FINANCIAL ASSISTANCE IS ACCOMPANIED BY A FINANCIAL STRATEGY BUDGETING WORKSHOP. VETERANS ARE THOSE INDIVIDUALS WHO ARE WORKING TO IMPROVE THEIR LIVES. FINANCIAL ASSISTANCE IS ALSO CONSIDERED AND GRANTED FOR VETERAN SERVICE ORGANIZATIONS WITH SPECIFIC TANGIBLE PROGRAM TO FURTHER INCREASE PERSONAL GROWTH FOR VETERANS, ESPECIALLY THOSE EXPERIENCING PTSD.
LEADERSHIP PROGRAMS - VETERANS LEARN TO INCREASE PERSONAL GROWTH IN THEIR DEVELOP- MENT TO BE IMPACTFUL LEADERS THROUGH PROGRAMS OFFERED TO INCLUDE: ENHANCE EMOTIONAL INTELLIGENCE,CORPORATE AND PERSONAL LEADERSHIP, AND AWARENESS OF OVERCOMING PERSONAL STRUGGLES. IAH COLLABORATES WITH OTHER VETERAN SERVICE ORGANIZATIONS TO BRING AWARENESS TO ALL VETERANS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Livingston Chairman | OfficerTrustee | 2 | $0 |
Rob Ritchie Vice Chairman | OfficerTrustee | 1 | $0 |
Michael Acuff Secretary | OfficerTrustee | 1 | $0 |
Bruce Colborne Treasurer | OfficerTrustee | 1 | $0 |
Loren Westerfield Director | Trustee | 1 | $0 |
Hilary Thomas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $412,016 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $152,591 |
| Noncash contributions included in lines 1a–1f | $35,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $564,607 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $564,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,339 |
| Grants and other assistance to domestic individuals. | $19,981 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,737 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,360 |
| Payroll taxes | $16,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,405 |
| Advertising and promotion | $18,935 |
| Office expenses | $9,061 |
| Information technology | $10,316 |
| Royalties | $0 |
| Occupancy | $12,662 |
| Travel | $14,287 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,387 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,059 |
| All other expenses | $0 |
| Total functional expenses | $661,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,880 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,457 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $210,337 |
| Accounts payable and accrued expenses | $5,633 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,633 |
| Net assets without donor restrictions | $204,704 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $210,337 |
Grants Awarded
Over the last fiscal year, Impact A Hero has awarded $21,596 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMBINED ARMS PURPOSE: Financial support | $12,846 |
WAVES PROJECT PURPOSE: Financial support | $8,750 |