Heroes Alliance

Tax-deductible

Detroit, MI501(c)(3)EducationEIN 27-2819270Revenue $211K in FY2023

On file with the IRSheroesalliance.net13220 Greenfield Rd, 48227-2164 · Detroit, MITax-exempt since May 2014Publicly supported charity — 170(b)(1)(A)(vi)

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The purpose of the Heroes Alliance is to create a synergistic village that, community wide, empowers residents of urban areas both educationally and economically.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 6 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $105K a year · 17% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$90K
to officers and key staff · 12% of spending
Top officer’s pay higher than 78% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$328K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$211K
-87% vs prior year
Spent
$738K
To programs
76%
Net assets
$509K
By yearFY2020–FY2023
Revenue
$211K
FY2023▼ -87%
Tap a bar for its year
Revenue by fiscal year
FY2020$111K
FY2021$461K
FY2022$1.7M
FY2023$211K
Expenses
$738K
FY2023▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$130K
FY2021$453K
FY2022$702K
FY2023$738K
Net assets
$509K
FY2023▼ -51%
Tap a bar for its year
Net assets by fiscal year
FY2020$20K
FY2021$86K
FY2022$1.0M
FY2023$509K

From the FY2023 Form 990 (year ending September 2023) · see the original

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Is it real?

Yes. Exemption reinstated (2013-05-15). Per the IRS revocation list. Latest filing on record: FY2023. IRS ruling in May 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $563K Management & general 24% · $175K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $90K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$90,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Anika Smith’s $90K as Executive Director is at the 78th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Anika Smith$90,000$68,214$36,490

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers urban residents educationally and economically through community-wide programs.

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Provided by the organization

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3 programs · $563K · in their own filed words · FY2022
01

The cooperative learning center is a year-long platform created with the understanding that children learn and perform best in environments where they feel supported and celebrated. It is through this framework that a child's excitement for learning will be sparked, and every facet of their academic life will be positively influenced.

$391Kprogram expense
02

The solar car challenge is an annual stem competition for high school students where teams of students design, build, and race solar and electric vehicles against other high school teams across the nation.

$152Kprogram expense
03

The seven villages of detroit represents a vision for the city to have healthy, thriving, self-sustained residential communities. The purpose of this platform is to embed within seven distinct residential communities within detroit, an economic or educational anchor that helps to empower residents and revitalize neighborhoods.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$11K
Grants paid · 2 grants · $23K · 2021–2021
Dunamis Community Development CorporationFY2021$14,250
Unitemized GrantFY2021$9,179

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$211K
Ln 12
Gifts and grantsLn 1h$210K
Other incomeLn 4–11$1K
Investment incomeLn 3$2
Money outPt IX
$738K
Ln 25
Programscol B$563K
Managementcol C$175K
Owns and owesPt X
$509K
net assets · Ln 32
Cash and savingsLn 1–2$156K
Total assetsLn 16$837K
LiabilitiesLn 26$328K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$210K
Government grantsLn 1e$26K
Investment incomeLn 3$2
Other incomeLn 4–11$1K
Total revenueLn 12$211K
Assets in detailPt X, end of year
CashLn 1$156K
Cash and savings togetherLn 1–2$156K
Land, buildings, equipmentLn 10c$681K
Total assetsLn 16$837K
LiabilitiesLn 26$328K
Net assetsLn 32$509K
OperationsPt I, VI
EmployeesI 51
VolunteersI 66
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$893K$156K
Land, buildings, equipmentLn 10c$365K$681K
Total assetsLn 16$1.3M$837K
LiabilitiesLn 26$223K$328K
Net assetsLn 32$1.0M$509K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Grants and assistance to foreign recipientsLn 3$1K$1K
Pay of current officers, directors and key staffLn 5$93K$31K$62K
Other salaries and wagesLn 7$50K$17K$33K
Pension plan contributionsLn 8$8K$8K
Payroll taxesLn 10$4K$761$3K
Legal feesLn 11b−$3K−$3K
Accounting feesLn 11c$31K$31K
Other fees for servicesLn 11g$116K$116K
Advertising and promotionLn 12$7K$5K$2K
Office expensesLn 13$6K$6K$958
Information technologyLn 14$7K$7K
OccupancyLn 16$12K$3K$9K
TravelLn 17$6K$6K
InterestLn 20$13K$7K$7K
Depreciation, depletion and amortizationLn 22$160K$160K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$189K$173K$17K
All other expensesLn 24e$11K$9K$2K
Total functional expensesLn 25$738K$563K$175K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $211K$738K−$527K$509K 990 PDF
FY2022 $1.7M$702K$957K$1.0M 990 PDF
FY2021 $461K$453K$8K$86K 990 PDF
FY2020 $111K$130K−$19K$20K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $211,199 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,657,741$210,155
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $112$2
I-11 Other revenuePrior year $1,659$1,042
I-12 Total revenuePrior year $1,659,512$211,199
I-13 Grants and similar amounts paidPrior year $24,546$5,223
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $126,078$154,681
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $551,665$577,816
I-18 Total expensesPrior year $702,289$737,720
I-19 Revenue less expensesPrior year $957,223−$526,521
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $211,199 across 6 lines filed
VIII-1e Government grants$26,456
VIII-1f All other contributions, gifts and grants$183,699
VIII-1h Total contributions, gifts and grants$210,155
VIII-3 Investment incomeExcluded from tax $2$2
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,042$1,042
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,044$211,199
Part IX · Statement of functional expenses $737,720 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $4,105$4,105
IX-3 Grants and assistance to foreign recipientsPrograms $1,118$1,118
IX-5 Pay of current officers, directors and key staffPrograms $30,640 · Management $62,431$93,071
IX-7 Other salaries and wagesPrograms $17,193 · Management $32,518$49,711
IX-8 Pension plan contributionsManagement $8,009$8,009
IX-10 Payroll taxesPrograms $761 · Management $3,129$3,890
IX-11b Legal feesPrograms −$3,017−$3,017
IX-11c Accounting feesManagement $30,670$30,670
IX-11g Other fees for servicesPrograms $116,253$116,253
IX-12 Advertising and promotionPrograms $5,488 · Management $1,906$7,394
IX-13 Office expensesPrograms $5,513 · Management $958$6,471
IX-14 Information technologyPrograms $7,148$7,148
IX-16 OccupancyPrograms $2,854 · Management $9,373$12,227
IX-17 TravelPrograms $6,134$6,134
IX-20 InterestPrograms $6,606 · Management $6,816$13,422
IX-22 Depreciation, depletion and amortizationPrograms $159,856$159,856
IX-23 InsurancePrograms $21,117$21,117
IX-24 Other expenses (24a–d)Programs $172,580 · Management $16,508$189,088
IX-24e All other expensesPrograms $8,782 · Management $2,271$11,053
IX-25 Total functional expensesPrograms $563,131 · Management $174,589 · Fundraising $0$737,720
Part X · Balance sheet $837,058 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $893,331$155,746
X-9 Prepaid expenses and deferred charges$211
X-10c Land, buildings and equipment, netStart of year $365,196$681,101
X-16 Total assetsStart of year $1,258,527$837,058
X-17 Accounts payable and accrued expensesStart of year $35,127$106,630
X-24 Unsecured notes and loans payableStart of year $106,622$97,672
X-26 Total liabilitiesStart of year $223,375$328,427
X-27 Net assets without donor restrictionsStart of year $142,023$358,631
X-28 Net assets with donor restrictionsStart of year $893,129$150,000
X-32 Total net assets or fund balancesStart of year $1,035,152$508,631
X-33 Total liabilities and net assetsStart of year $1,258,527$837,058
Part XI · Reconciliation of net assets $508,631 net assets at year end
XI-1 Total revenue$211,199
XI-2 Total expenses$737,720
XI-3 Revenue less expenses−$526,521
XI-4 Net assets at start of year$1,035,152
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$508,631

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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