HVAF OF INDIANA INC
PROVIDING HOPE, HOUSING, AND SELF-SUFFICIENCY FOR ALL VETERANS AND FAMILIES SINCE 1993
HVAF OF INDIANA INC
EIN: 35-1890547
Programs and results
Reports and documents
Download annual reports Download other documentsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Rapid Rehousing
Short-term rental and utility assistance for veterans and their families who are currently homeless or facing eviction.
Transitional Housing
Temporary transitional housing for more than 120 veterans each night that includes intensive case management.
Permanent Supportive Housing
Affordable permanent supportive housing with case management for 47 units at 5 properties.
Employment Services
Employment specialists help our veterans build their resumes, hold mock interviews, and place them in a job that’s right for them.
Street Outreach
Every day, a Navy veteran goes out to Indy’s homeless camps and serves the veterans in need.
Community Center
Gently used clothing, hygiene items and food are available for all veterans in our pantry.
Where we work
External reviews

Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Average number of service recipients per month
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Pounds of clothing donated
This metric is no longer tracked.Totals By Year
Related Program
Community Center
Type of Metric
Other - describing something else
Direction of Success
Holding steady
Hours of volunteer service
This metric is no longer tracked.Totals By Year
Type of Metric
Input - describing resources we use
Direction of Success
Holding steady
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Homelessness among veterans in Central Indiana.
What are the organization's key strategies for making this happen?
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2021 info
12.85
Months of cash in 2021 info
3.8
Fringe rate in 2021 info
15%
Funding sources info
Assets & liabilities info
HVAF OF INDIANA INC
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
HVAF OF INDIANA INC
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of HVAF OF INDIANA INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $244,923 | $184,313 | $1,211,078 | $675,507 | $260,245 |
As % of expenses | 5.4% | 4.0% | 21.7% | 8.9% | 2.6% |
Unrestricted surplus (deficit) after depreciation | -$205,772 | -$266,091 | $761,773 | $222,233 | -$176,751 |
As % of expenses | -4.1% | -5.2% | 12.6% | 2.8% | -1.7% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $4,700,961 | $9,717,359 | $6,723,113 | $7,909,454 | $14,316,615 |
Total revenue, % change over prior year | -7.9% | 106.7% | -30.8% | 17.6% | 81.0% |
Program services revenue | 1.4% | 0.5% | 0.4% | 3.0% | 2.3% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.1% | 0.1% | 1.6% | 0.9% | 0.6% |
Government grants | 58.7% | 25.9% | 70.1% | 81.9% | 53.3% |
All other grants and contributions | 39.8% | 73.5% | 27.8% | 12.3% | 40.5% |
Other revenue | 0.0% | 0.0% | 0.0% | 1.8% | 3.3% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $4,562,388 | $4,628,816 | $5,572,684 | $7,550,773 | $9,928,242 |
Total expenses, % change over prior year | -8.9% | 1.5% | 20.4% | 35.5% | 31.5% |
Personnel | 64.3% | 61.9% | 56.4% | 56.9% | 44.0% |
Professional fees | 0.8% | 0.4% | 0.8% | 1.2% | 10.8% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 1.4% | 1.5% | 1.1% | 0.1% | 0.1% |
Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other expenses | 33.5% | 36.1% | 41.7% | 41.8% | 45.1% |
Full cost components (estimated) info | 2017 | 2018 | 2019 | 2020 | 2021 |
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Total expenses (after depreciation) | $5,013,083 | $5,079,220 | $6,021,989 | $8,004,047 | $10,365,238 |
One month of savings | $380,199 | $385,735 | $464,390 | $629,231 | $827,354 |
Debt principal payment | $80,047 | $37,627 | $926,251 | $184,114 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $5,473,329 | $5,502,582 | $7,412,630 | $8,817,392 | $11,192,592 |
Capital structure indicators
Liquidity info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Months of cash | 0.7 | 0.4 | 0.4 | 1.6 | 3.8 |
Months of cash and investments | 0.7 | 13.4 | 11.2 | 9.4 | 9.9 |
Months of estimated liquid unrestricted net assets | -4.9 | -5.2 | -3.8 | -2.1 | -1.3 |
Balance sheet composition info | 2017 | 2018 | 2019 | 2020 | 2021 |
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Cash | $249,968 | $170,884 | $188,465 | $995,979 | $3,117,504 |
Investments | $0 | $5,006,523 | $5,011,901 | $4,943,950 | $5,112,008 |
Receivables | $328,509 | $319,498 | $489,181 | $1,039,340 | $2,885,198 |
Gross land, buildings, equipment (LBE) | $9,775,386 | $10,053,792 | $10,172,784 | $10,193,847 | $10,117,058 |
Accumulated depreciation (as a % of LBE) | 42.5% | 45.8% | 49.6% | 53.9% | 56.1% |
Liabilities (as a % of assets) | 24.0% | 14.5% | 7.0% | 8.3% | 5.6% |
Unrestricted net assets | $2,502,635 | $2,236,544 | $2,998,317 | $3,220,550 | $3,043,799 |
Temporarily restricted net assets | $2,267,469 | $7,171,699 | N/A | N/A | N/A |
Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
Total restricted net assets | $2,267,469 | $7,171,699 | $7,108,222 | $7,497,110 | $11,660,013 |
Total net assets | $4,770,104 | $9,408,243 | $10,106,539 | $10,717,660 | $14,703,812 |
Key data checks
Key data checks info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Emmy Hildebrand
Number of employees
Source: IRS Form 990
HVAF OF INDIANA INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
HVAF OF INDIANA INC
Board of directorsas of 05/23/2023
Board of directors data
Arne Pedersen
Andrew Noga
Equitable Advisors
Kyle Bennett
JP Morgan Chase
Wayne Black
LSC Communications
David Certo
Indianapolis Veterans Court
Douglas Hedrick
Lantheus Medical & US Army Reserve Aviation
Michael Jaarda
RSM, US, LLC
D. William Moreau Jr.
Indiana Citizen
Eric Morris
Rick Penny
Philips Healthcare
Joseph Peterson
First Merchants Bank
Danny Portee
Professional Management Enterprises, Inc.
Charles Rainey
Batteries Plus
Michael Rodriques
Simon Property Group
James Sweeney
U.S. Courts, Southern District of Indiana
Ginger Barnes
Hotel Tango Whiskey, Inc.
Nathan Plack
Tidwell Group
Whitney Hamilton
Celeste Jones
TCU
Courtney Kanzinger
Logistics Property Company, LLC
James Miller
Department of Veteran Affairs
Andrea Sloan
Groundbreakers, LLC
Tony Vespa
Vespa Group
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data