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← JARED ALLENS HOMES FOR WOUNDED WARRIORS

Form 990 for tax year 2023

Filed by JARED ALLENS HOMES FOR WOUNDED WARRIORS.

Totals

Total revenue
$4,146,997
Total expenses
$4,777,230
Contributions and grants received
$4,146,997
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,312,297
Total liabilities, end of year
$320,075
Net assets or fund balances, end of year
$7,992,222
Program services expenses (Part IX)
$4,541,514
Management and general expenses
$115,717
Fundraising expenses
$119,999
Program service expenses (Part III)
$4,541,514

Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $109,986

  • 1f · All other contributions, gifts and grants

    $4,037,011

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $189,182 · program services $170,264 · management and general $18,918

  • 7 · Other salaries and wages

    total $100,000 · program services $25,000 · management and general $50,000 · fundraising $25,000

  • 10 · Payroll taxes

    total $19,075 · program services $12,880 · management and general $4,546 · fundraising $1,649

  • 11b · Fees: legal

    total $1,534 · management and general $1,534

  • 11c · Fees: accounting

    total $36,294 · program services $24,196 · management and general $12,098

  • 12 · Advertising and promotion

    total $88,054 · management and general $8,805 · fundraising $79,249

  • 13 · Office expenses

    total $9,508 · management and general $9,508

  • 16 · Occupancy

    total $35,594 · program services $32,035 · management and general $3,559

  • 17 · Travel

    total $3,966 · program services $793 · fundraising $3,173

  • 22 · Depreciation, depletion and amortization

    total $843 · program services $843

  • 23 · Insurance

    total $10,843 · program services $8,265 · management and general $2,578

  • 24a · Other expenses: CONSTRUCTION/REMODEL COST

    total $4,253,950 · program services $4,253,950

  • 24b · Other expenses: BANK/CREDIT CARD FEES

    total $10,928 · fundraising $10,928

  • 24c · Other expenses: LICENSES/DUES

    total $10,227 · program services $10,227

  • 24d · Other expenses: COMMUNICATIONS

    total $7,232 · program services $3,061 · management and general $4,171

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,042,529 · end of year $5,890,413

  • 4 · Accounts receivable

    beginning of year $194,462 · end of year $88,493

  • 10a · Land, buildings and equipment: cost or other basis

    $13,968

  • 10b · Land, buildings and equipment: accumulated depreciation

    $11,863

  • 10c · Land, buildings and equipment, net

    beginning of year $2,948 · end of year $2,105

  • 15 · Other assets

    beginning of year $4,491,551 · end of year $2,331,286

  • 17 · Accounts payable and accrued expenses

    beginning of year $106,312 · end of year $319,023

  • 25 · Other liabilities

    beginning of year $2,723 · end of year $1,052

  • 27 · Net assets without donor restrictions

    beginning of year $8,622,455 · end of year $7,992,222

Mission and programs · 2023

Mission

THE MISSION OF THE ORGANIZATION IS TO RAISE MONEY TO BUILD AND REMODEL INJURY-SPECIFIC, ACCESSIBLE AND MORTGAGE-FREE HOMES FOR OUR CRITICALLY INJURED UNITED STATES MILITARY VERTERANS RETURNING FROM IRAQ AND AFGHANISTAN.

  • HOME CONSTRUCTION - THE ORGANIZATION COORDINATED AND PROVIDED FUNDS FOR THE CONSTRUCTION OF INJURY-SPECIFIC, ACCESSIBLE AND MORTGAGE-FREE HOMES FOR CRITICALLY INJURED VETERANS OF THE UNITED STATES MILITARY. DURING 2023 THE ORGANIZATON RECIEVED NON-CASH DONATIONS OF CONSTRUCTION LABOR AND MATERIALS WHICH TOTAL 339,930.

    Expenses $4,254,793

  • RAISING FUNDS TO HELP SUPPORT INJURED UNITED STATES MILITARY VETERANS.

    Expenses $286,721

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alex Karalexis

    EXECUTIVE DI

    Total calculated
    $189,182
    From this org
    $185,574
    From related orgs
    $0
    Other
    $3,608
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,574
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $3,608
    Filer's total
    $189,182
  • Jared Allen

    DIRECTOR, CH

    Total calculated
    $0
    Hours/week
    1
  • Yvonne Dowdy Miller CFRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victor D Barbo CPA

    DIRECTOR/CFO

    Total calculated
    $0
    Hours/week
    1
  • Andrew Limouris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Clint Sundt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202423199349312412

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