Heroes Movement FY2023 filing

Tax-deductible

Los Angeles, CA501(c)(3)Recreation & SportsEIN 47-4044698

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $103K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$279K
+20% vs prior year
Spent
$378K
To programs
96%
Net assets
$46K
By yearFY2020–FY2024
Revenue
$279K
FY2023▲ +20%
Revenue by fiscal year
FY2020$159K
FY2021$285K
FY2022$233K
FY2023$279K
FY2024$198K
Expenses
$378K
FY2023▲ +61%
Expenses by fiscal year
FY2020$136K
FY2021$163K
FY2022$235K
FY2023$378K
FY2024$218K
Net assets
$46K
FY2023▼ -68%
Net assets by fiscal year
FY2020$25K
FY2021$148K
FY2022$146K
FY2023$46K
FY2024$26K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2015.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $364K Management & general 3% · $13K Fundraising 0% · $1K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$65,000Pt VII · Sec A
Co-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board Member/Fund Developm
$0Pt VII · Sec A

Michael McKay’s $65K as President is at the 73rd percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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

NameFY2024FY2023FY2022FY2021FY2020
Michael McKay$65,000$65,000$51,542$48,000$2,000

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.

See Heroes Movement executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers free strength training and conditioning to all U.S. military veterans.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $364K · in their own filed words · FY2023
01

Provided professional strength training and conditioning sessions for veterans of the united states armed forces

$341Kprogram expense
02

Create more opportunities for veterans to network and learn from athletes and community members, provide another avenue of camaraderie for the veterans we serve, and extend visibility for the mission of heroes' movement and educate the community on the issues facing our veterans.

$15Kprogram expense
03

Provided strength training and conditioning facilities and equipment specifically for use by veterans of the united states armed forces

$8Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$103K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$279K
Ln 12
Gifts and grantsLn 1h$279K
Money outPt IX
$378K
Ln 25
Programscol B$364K
Managementcol C$13K
Fundraisingcol D$1K
Owns and owesPt X
$46K
net assets · Ln 32
Cash and savingsLn 1–2$43K
Total assetsLn 16$46K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$279K
Total revenueLn 12$279K
Assets in detailPt X, end of year
CashLn 1$43K
Cash and savings togetherLn 1–2$43K
Other assetsLn 15$3K
Total assetsLn 16$46K
LiabilitiesLn 26$0
Net assetsLn 32$46K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$144K$43K
Total assetsLn 16$146K$46K
LiabilitiesLn 26$0$0
Net assetsLn 32$146K$46K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$565$565
Grants to domestic individualsLn 2$300$300
Pay of current officers, directors and key staffLn 5$65K$65K
Payroll taxesLn 10$5K$5K
Other fees for servicesLn 11g$294K$293K$1K
Advertising and promotionLn 12$306$306
Office expensesLn 13$3K$3K
Information technologyLn 14$8K$8K
InsuranceLn 23$267$267
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$378K$364K$13K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $198K$218K−$20K$26K 990 PDF
FY2023 Viewing $279K$378K−$99K$46K 990 PDF
FY2022 $233K$235K−$2K$146K 990 PDF
FY2021 $285K$163K$123K$148K 990 PDF
FY2020 $159K$136K$23K$25K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (5 parts)
Part I · Summary $278,910 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $233,384$278,910
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $233,384$278,910
I-13 Grants and similar amounts paidPrior year $0$865
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $55,485$69,973
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $179,795$307,426
I-18 Total expensesPrior year $235,280$378,264
I-19 Revenue less expensesPrior year −$1,896−$99,354
Part VIII · Statement of revenue $278,910 across 3 lines filed
VIII-1f All other contributions, gifts and grants$278,910
VIII-1h Total contributions, gifts and grants$278,910
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$278,910
Part IX · Statement of functional expenses $378,264 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $565$565
IX-2 Grants to domestic individualsPrograms $300$300
IX-5 Pay of current officers, directors and key staffPrograms $65,000$65,000
IX-10 Payroll taxesPrograms $4,973$4,973
IX-11g Other fees for servicesPrograms $293,019 · Fundraising $1,168$294,187
IX-12 Advertising and promotionManagement $306$306
IX-13 Office expensesManagement $2,736$2,736
IX-14 Information technologyManagement $8,187$8,187
IX-23 InsuranceManagement $267$267
IX-24 Other expenses (24a–d)Management $1,743$1,743
IX-25 Total functional expensesPrograms $363,857 · Management $13,239 · Fundraising $1,168$378,264
Part X · Balance sheet $46,326 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $143,567$43,410
X-15 Other assetsStart of year $2,113$2,916
X-16 Total assetsStart of year $145,680$46,326
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $145,680$46,326
X-33 Total liabilities and net assetsStart of year $145,680$46,326
Part XI · Reconciliation of net assets $46,326 net assets at year end
XI-1 Total revenue$278,910
XI-2 Total expenses$378,264
XI-3 Revenue less expenses−$99,354
XI-4 Net assets at start of year$145,680
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$46,326

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.