HERO DOGS INC
Service Dogs for America's Heroes
HERO DOGS INC
EIN: 27-0887317
as of October 2024
as of October 15, 2024
Programs and results
What we aim to solve
According to the U.S. Census Bureau, as of 2014, there were 3.8 million Veterans with a service-connected disability rating. Of this number, 1.1 million had a rating of 70 percent or higher. Additionally, there are thousands of other Veterans and first responders who have non-service-connected injuries or currently have a disability. Some of these include: blindness, hearing loss, amputated or loss of use of limbs; spinal cord injuries; traumatic brain injuries; or post-traumatic stress disorder (PTSD).
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Puppy Raising Program
Obtaining suitable canine candidates, recruiting volunteer foster homes to raise and care for puppies, providing veterinary care and supplies for puppies in program, providing support to volunteer puppy raisers, providing group and individual instruction to volunteer puppy raisers to aid them in raising and training their service puppy candidates.
Service Dog Training Program
Providing professional training to service dog candidates who have completed the puppy program, including housing, veterinary care, and supplies for service dog candidates. Meeting or exceeding all applicable training standards defined as industry best practices and required for accreditation.
Where we work
Photos
Goals & Strategy
Learn 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?
In many cases, service dogs can significantly improve quality of life and help to restore independence to a person with a disability.
The positive impact service dogs have on individuals who are disabled is well-documented (Hall, MacMichael, Turner, Mills, 2017) . A service dog not only assists with physical tasks that may be difficult or impossible for a person with a disability to accomplish, but also can perform tasks to assist with mental health challenges.
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?
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
16.02
Months of cash in 2023 info
11
Fringe rate in 2023 info
15%
Funding sources info
Assets & liabilities info
Financial data
HERO DOGS INC
Balance sheetFiscal Year: Jul 01 - Jun 30
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: Jul 01 - Jun 30
This snapshot of HERO DOGS 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 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $267,639 | $342,346 | $516,807 | $4,978 | $569,818 |
As % of expenses | 35.8% | 37.8% | 56.0% | 0.6% | 61.0% |
Unrestricted surplus (deficit) after depreciation | $238,835 | $306,826 | $476,751 | -$19,022 | $546,625 |
As % of expenses | 30.8% | 32.6% | 49.5% | -2.1% | 57.1% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $1,027,048 | $1,093,297 | $1,217,863 | $1,157,487 | $1,423,902 |
Total revenue, % change over prior year | 55.5% | 6.5% | 11.4% | -5.0% | 23.0% |
Program services revenue | 0.4% | 0.5% | 0.2% | 0.3% | 0.3% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 3.4% | 4.0% | 3.3% | 4.6% | 3.7% |
Government grants | 34.0% | 36.1% | 39.3% | 40.7% | 0.0% |
All other grants and contributions | 61.5% | 59.3% | 57.2% | 54.4% | 96.0% |
Other revenue | 0.7% | 0.1% | 0.0% | 0.0% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $747,216 | $904,497 | $923,640 | $891,534 | $933,898 |
Total expenses, % change over prior year | 15.8% | 21.0% | 2.1% | -3.5% | 4.8% |
Personnel | 71.2% | 75.7% | 79.4% | 73.1% | 72.0% |
Professional fees | 2.6% | 4.8% | 0.9% | 3.0% | 5.8% |
Occupancy | 8.1% | 7.5% | 6.3% | 7.2% | 7.4% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other expenses | 18.1% | 12.0% | 13.3% | 16.7% | 14.9% |
Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $776,020 | $940,017 | $963,696 | $915,534 | $957,091 |
One month of savings | $62,268 | $75,375 | $76,970 | $74,295 | $77,825 |
Debt principal payment | $0 | $0 | $105,000 | $0 | $0 |
Fixed asset additions | $0 | $85,100 | $0 | $0 | $0 |
Total full costs (estimated) | $838,288 | $1,100,492 | $1,145,666 | $989,829 | $1,034,916 |
Capital structure indicators
Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 6.2 | 6.9 | 3.5 | 7.1 | 11.0 |
Months of cash and investments | 23.5 | 22.4 | 27.3 | 28.7 | 33.3 |
Months of estimated liquid unrestricted net assets | 21.8 | 21.4 | 27.7 | 28.7 | 34.7 |
Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $386,380 | $520,130 | $270,860 | $526,413 | $853,822 |
Investments | $1,077,285 | $1,168,887 | $1,829,642 | $1,609,542 | $1,738,424 |
Receivables | $144,662 | $71,614 | $63,675 | $45,432 | $144,679 |
Gross land, buildings, equipment (LBE) | $254,675 | $339,775 | $343,003 | $328,165 | $314,724 |
Accumulated depreciation (as a % of LBE) | 47.9% | 46.3% | 57.6% | 63.0% | 67.3% |
Liabilities (as a % of assets) | 4.1% | 8.1% | 2.1% | 2.5% | 5.5% |
Unrestricted net assets | $1,491,961 | $1,798,787 | $2,275,538 | $2,256,516 | $2,803,141 |
Temporarily restricted net assets | $205,972 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $205,972 | $0 | $0 | $0 | $0 |
Total net assets | $1,697,933 | $1,798,787 | $2,275,538 | $2,256,516 | $2,803,141 |
Key data checks
Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Nikki Charles
Number of employees
Source: IRS Form 990
HERO DOGS INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
HERO DOGS INC
Board of directorsas of 11/20/2023
Board of directors data
Thene Martin
Jim Crimmins
Thene Martin
Randi Kaplan
Ken Murray
Marian Block
Tara Doyle
Irene Kim
Wilder Leavitt
D'Ann Melnick
Victoria Van de Vate
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? No -
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
No data
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data