Huts for Vets EIN 46-1909592

Huts for Vets FY2020 filing

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Provides outdoor adventures and skill-building for veterans. For fiscal year 2020 it reported $156K in revenue, $112K in expenses, and $454K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Human Services
Location
Carbondale, CO
Filings
6 on file (2020–2020)
Revenue
$156KFY2020
Expenses
$112K
Net assets
$454K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-1909592 Public charity (501(c)(3)) Carbondale, CO Founded 2013
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides outdoor adventures and skill-building for veterans.
Leadership
Paul Andersen · Executive Director · $30K
Money in and out
$156K revenue, $112K expenses
Bottom line
74% program efficiency
Where the money goes · FY2020
Total revenue
$156K
Pt VIII · Ln 12
Total expenses
$112K
Pt IX · Ln 25
Net assets
$454K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.23 Fundraising $0.03
Program efficiency
74%
of spending reaches programs
Operating runway
58.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$156K
FY2020
Expenses
$112K
FY2020
Total assets
$456K
FY2020
Total liabilities
$2K
FY2020
Total revenue
$156K
Pt VIII · Ln 12
Total expenses
$112K
Pt IX · Ln 25
Net assets
$454K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$456K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $83K of program spending, described in the organization's own filed words · FY2020.
01

Huts for Vets provides outdoor education for US war veterans at huts in the Aspen area. Veterans read Great Books and discuss the implications to current US affairs. The mission is to listen to Veterans and to create a comfortable environment where they can discuss their memories of the combat experience with other Veterans and the group…

$83Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHuts for Vets
EINHdr · item D46-1909592
Principal addressHdr · item CCarbondale, CO
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2013
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$29,860Pt VII · Sec A
Director
$1,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Erik Villasenor’s $62K as Executive Director/Treasurer is at the 51st percentile of top reported officer pay among 2165 $100K–1M human services 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Erik Villasenor$61,650$60,000$60,000$43,333$26,250
Christopher Joyce$40,000$40,000$21,858
Paul Andersen$13,167$33,417$29,860
Erin Wilkinson$8,837$6,000
Justin Lincoln$3,800$3,800
Erin Walker$2,000
Ryan Gentry$1,300$1,000

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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Statement of Revenue

Part VIII
Contributions & grants100%$156K
Investment income$21
Total revenueLn 12$156K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.23 Fundraising $0.03
Program services74%$83K
Management & general23%$26K
Fundraising3%$3K
Total functional expensesLn 25$112K

Balance Sheet

Part X · end of year
CashLn 1$455K
Total assetsLn 16$456K
Total liabilitiesLn 26$2K
Total net assetsLn 32$454K
Months of cash on handcomputed48.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $455K · Operating expenses (Pt IX) $112K · Less non-cash grants $19K · Cash operating expenses/yr $93K
58.8 months
Where the money goes
Program services
Program services $83K · Total expenses $112K
74%
Management & General
Management & general $26K · Total expenses $112K
23%
Fundraising
Fundraising $3K · Total expenses $112K
3%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $156K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $156K
100%
Government reliance
Government grants — · Total revenue $156K
Earned-income share
Program service revenue $0 · Total revenue $156K
0%
Investment reliance
Investment income $21 · Total revenue $156K
+0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $112K
0%
Growth & trend
Revenue growth (YoY)
This year $156K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $454K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $156K · Expenses $112K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $456K
Net-asset ratio
Net assets $454K · Total assets $456K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $456K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paul Andersen · Reported title Executive Director · Highest reported compensation $30K · Total expenses $112K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $70K · Total expenses $112K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 23%
Fundraising cost ratio 2%
Legal fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$118K revenue · ⤓ 990 PDF
FY2024$359K revenue · ⤓ 990 PDF
FY2023$203K revenue · ⤓ 990 PDF
FY2022$259K revenue · ⤓ 990 PDF
FY2021$145K revenue · ⤓ 990 PDF
FY2020$156K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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