Purple Heart Homes Inc
- Assets
- $21.4k
- Revenue
- $214.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Highlands Ranch, CO
- Founding
- 08/2016
- Data as of
- 12/2019
- EIN
- 47-5209040
Organization Overview
Purple Heart Homes Inc is located in Highlands Ranch, CO. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Purple Heart Homes Inc 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 12/2019, Purple Heart Homes Inc generated $214.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $209.0k during the year ending 12/2019. While expenses have increased by 25.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PURPLE HEART HOMES, INC., COLORADO FRONT RANGE CHAPTER IS DEDICATED TO PROVIDING HOUSING FOR SERVICE-CONNECTED DISABLED VETERANS THAT IS SUBSTANTIAL IN FUNCTION, DESIGN, AND QUALITY, FIT TO WELCOME HOME THE FIGHTING MEN AND WOMEN OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST ACCOMPLISHMENT:THE HOUSING NEEDS OF APPROVED VETERANS WHICH PURPLE HEART HOMES, INC., COLORADO FRONT RANGE CHAPTER ASSISTS ARE OFTEN TIMES URGENT. THE CHAPTERS'S ABILITY TO ADDRESS THESE NEEDS IN A TIMELY AND EFFECTIVE MANNER DEPENDS HEAVILY ON THE FINANCIAL AND MATERIAL CONTRIBUTIONS OF INDIVIDUAL DONORS, FOUNDATIONS, AND BUSINESSES. WHEN THE URGENT HOUSING NEEDS OF APPROVED VETERANS ARE MET, THE VETERANS' QUALITY OF LIFE IMPROVES AS THEY ARE ABLE TO LIVE IN A SAFE AND ACCESSIBLE HOME.OPERATION VETERAN HOME RENOVATION (OVHR), A CAMPAIGN THAT WORKS IN TANDEM WITH NATIONAL LEAGUE OF CITIES AND CREDIT UNIONS AROUND THE COUNTRY, PROCEEDED WITH ITS THIRD YEAR IN 2019. PURPLE HEART HOMES, INC., COLORADO FRONT RANGE CHAPTER'S MISSION WAS ABLE TO REACH EVEN MORE VETERANS ACROSS THE STATE WITH COORDINATED EFFORTS FROM COMMUNITY PARTNERS. THE OVHR CAMPAIGN SPREAD AWARENESS AND SOLUTIONS TO VETERANS IN REGIONS THAT WERE UNTOUCHED BY THE CHAPTER IN THE PAST.THE CHAPTER'S THREE LARGEST PROJECTS STARTED AND COMPLETED IN 2019:1. THE LARGEST PROJECT WAS FOR A FEMALE VETERAN IN COLORADO SPRINGS, COLORADO. THE PROJECT WAS A JOINT VENTURE WITH TEAM DEPOT. THE PROJECT WAS COMPLETED BY CONTRACTORS, VOLUNTEERS AND CHAPTER BOARD MEMBERS. THE PROJECT INVOLVED INSTALLING A RAMP, NEW WASHER & DRYER, NEW DOORS AND A SECURITY SYSTEM. ALSO A COMPLETE BACKYARD MAKEOVER WAS DONE FOR THE VETERAN TO ENJOY.2. THE SECOND LARGEST PROJECT WAS FOR A FEMALE VETERAN IN COLORADO SPRINGS, COLORADO. THE PROJECT WAS COMPLETED BY CHAPTER MEMBERS AND HEATING AND COOLING CONTRACTORS. THE PROJECT INVOLVED INSTALLING A NEW HEATING AND COOLING SYSTEM AS WELL AS NEW ELECTRIC PANELS TO KEEP THE VETERAN WARM IN THE WINTER AND COOL IN THE SUMMER.3. THE THIRD LARGEST PROJECT WAS FOR A VETERAN IN THORNTON, COLORADO. THIS PROJECT WAS COMPLETED BY CHAPTER MEMBERS AND HOME DEPOT CONTRACTORS. THE PROJECT INVOLVED INSTALLING A HANDICAPPED ACCESSIBLE BATHROOM, NEW FLOORING TO PROVIDE VETERAN BETTER MOBILITY IN HIS WHEELCHAIR, AND INSTALLATION OF SECURITY SYSTEM FOR THE VETERAN'S SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Fleming President | Officer | 10 | $0 |
Steve Lake Vice-President & Construction | Officer | 10 | $0 |
Dawn Owens Secretary | Officer | 10 | $0 |
Monte Fleming Treasurer | Officer | 10 | $0 |
Tyler Lake Construction Board Member | Trustee | 10 | $0 |
Tiffany Fleming Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,403 |
| 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 | $8,003 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $214,406 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,871 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,472 |
| Total functional expenses | $209,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,846 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,556 |
| Total assets | $21,402 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $21,402 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Purple Heart Homes Inc has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veteran Tickets Foundation Tempe, AZ | $3,473,043 | $70,156,514 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
A Sanctuary For Military Families Inc Granby, CO | $1,662,699 | $1,856,266 |
Disabled American Veterans Thrift Store Inc Wichita, KS | $839,064 | $1,958,775 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
American Legion Apache Junction, AZ | $3,212,238 | $3,405,557 |
Paralyzed Veterans Of America Phoenix, AZ | $1,356,804 | $1,158,050 |
Veteran Sheepdogs Of Colorado Colorado Springs, CO | $0 | $952,880 |
American Legion Lincoln, NE | $1,991,172 | $1,102,281 |
American Legion Topeka, KS | $1,796,434 | $1,123,115 |
American Legion Denver, CO | $1,954,041 | $762,076 |
Retired Enlisted Association Centennial, CO | $3,860,050 | $787,674 |