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Nonprofiteer
← ELDERHEART INC

Form 990 for tax year 2022

Filed by ELDERHEART INC.

Totals

Total revenue
$4,490,399
Total expenses
$4,840,585
Contributions and grants received
$4,335,871
Grants paid
$0
Program service revenue
$0
Investment income
$19,826
Other revenue
$134,702
Total assets, end of year
$5,690,555
Total liabilities, end of year
$1,121,390
Net assets or fund balances, end of year
$4,569,165
Program services expenses (Part IX)
$3,830,666
Management and general expenses
$721,481
Fundraising expenses
$288,438
Program service expenses (Part III)
$3,830,666

Program services were 79.1% 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.

  • 1f · All other contributions, gifts and grants

    $4,335,871

  • 1g · Noncash contributions included above

    $21,600

  • 6a · Gross rents

    real property $17,040

  • 6c · Rental income or loss

    real property $17,040

  • 6d · Net rental income or loss

    total $17,040 · excluded $17,040

  • 7a · Gross sales of assets other than inventory

    other assets $47,000

  • 7b · Less cost or other basis and sales expenses

    other assets $27,174

  • 7c · Gain or loss

    other assets $19,826

  • 7d · Net gain or loss

    total $19,826 · related or exempt $19,826

  • 10a · Gross sales of inventory

    $395,982

  • 10b · Cost of goods sold

    $278,320

  • 10c · Net income from sales of inventory

    total $117,662 · excluded $117,662

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $363,334 · program services $354,167 · management and general $9,167

  • 7 · Other salaries and wages

    total $975,849 · program services $832,594 · management and general $143,255

  • 9 · Other employee benefits

    total $257,669 · program services $229,307 · management and general $28,362

  • 10 · Payroll taxes

    total $106,391 · program services $92,230 · management and general $14,161

  • 11b · Fees: legal

    total $20,010 · management and general $20,010

  • 11c · Fees: accounting

    total $56,233 · management and general $56,233

  • 11g · Fees: other

    total $928,292 · program services $926,025 · management and general $2,267

  • 12 · Advertising and promotion

    total $922,728 · program services $600,694 · management and general $33,596 · fundraising $288,438

  • 13 · Office expenses

    total $85,045 · program services $48,263 · management and general $36,782

  • 14 · Information technology

    total $33,548 · program services $33,548

  • 16 · Occupancy

    total $172,024 · program services $21,254 · management and general $150,770

  • 17 · Travel

    total $74,228 · program services $68,468 · management and general $5,760

  • 19 · Conferences, conventions and meetings

    total $8,081 · program services $8,081

  • 20 · Interest

    total $33,280 · management and general $33,280

  • 22 · Depreciation, depletion and amortization

    total $145,381 · program services $136,594 · management and general $8,787

  • 23 · Insurance

    total $7,885 · management and general $7,885

  • 24a · Other expenses: MEMORIAL DONATION

    total $415,117 · program services $415,117

  • 24b · Other expenses: BUSINESS EXPENSE

    total $100,176 · management and general $100,176

  • 24c · Other expenses: MISCELLANEOUS

    total $96,356 · program services $30,457 · management and general $65,899

  • 24d · Other expenses: SUPPLIES - SOCIAL IMPACT

    total $33,552 · program services $33,552

  • 24e · All other expenses

    total $5,406 · program services $315 · management and general $5,091

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,351,123 · end of year $2,230,946

  • 3 · Pledges and grants receivable

    beginning of year $190,551 · end of year $243,827

  • 8 · Inventories for sale or use

    beginning of year $288,996 · end of year $320,337

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

    $3,142,920

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

    $262,076

  • 10c · Land, buildings and equipment, net

    beginning of year $2,981,000 · end of year $2,880,844

  • 15 · Other assets

    beginning of year $388,767 · end of year $14,601

  • 17 · Accounts payable and accrued expenses

    beginning of year $84,295 · end of year $79,762

  • 25 · Other liabilities

    beginning of year $1,196,791 · end of year $1,041,628

  • 27 · Net assets without donor restrictions

    beginning of year $4,919,351 · end of year $4,569,165

Mission and programs · 2022

Mission

WARRIORS HELPING WARRIORS THROUGH COMMUNITY PROJECTS. OUR MISSION IS TO RAISE AWARENESS FOR PTSD, TBI, AND THE VETERAN SUICIDE EPIDEMIC.

  • ELDERHEART BRINGS TOGETHER VETERANS AND THEIR COMMUNITIES THROUGH LARGE SCALE PUBLIC WORKS OF ART. OUR ART INSTALLATIONS RAISE AWARENESS ACROSS AMERICA FOR THE ISSUES THAT VETERANS ARE FACING TODAY. IN DEVELOPING THESE ART PIECES, A PARTNERSHIP IS CREATED BETWEEN VETERANS AND CIVILIANS. INTEGRATING THESE VETERANS BACK INTO OUR COMMUNITIES RESULTS IN THEIR LONG TERM GROWTH AND SENSE OF PURPOSE. STORYTELLING AND A SHARED SENSE OF COMMUNITY ARE CREATED WHICH BREAKS DOWN BARRIERS AND WALLS, WITH GROWTH AND HEALING FOR BOTH PARTIES. A HEALING WHICH WOULD NEVER OTHERWISE HAVE TAKEN PLACE.

    Expenses $445,089

  • THROUGH MISSION 22'S SOCIAL IMPACT PROGRAMS, WE EDUCATE THE PUBLIC ON THE DIFFICULTIES VETERANS ARE FACING TODAY, SUCH AS POST TRAUMATIC STRESS, AND TRAUMATIC BRAIN INJURY, AND ON HOW TO GET INVOLVED AND SUPPORT VETERANS. OUR VOLUNTEER AMBASSADOR PROGRAM HAS EXPANDED TO ALL FIFTY STATES AS WELL AS NUMEROUS INTERNATIONAL GROUPS. AMBASSADORS SPARK DIALOGUE AND CREATE EVENTS TO EDUCATE THE PUBLIC, RAISE FUNDS FOR VETERAN PTS AND TBI TREATMENTS, AND BRING TOGETHER VETERANS AND PRIVATE CITIZENS AS ONE COMMUNITY. THESE AMBASSADORS STRIVE TO INVOLVE VETERANS IN GROUP ACTIVITIES THAT EMPOWER THEM TO BECOME PART OF SOMETHING BIGGER THAN THEMSELVES. A BIGGER FAMILY, GROUP, OR COMMUNITY OF VETERANS AND CITIZENS UNITED WITH ONE COMMON GOAL, TO STRENGTHEN EACH OTHER AND ENABLE THE VETERANS TO RESUME LIVING THE AMERICAN DREAM. OVER HALF OF MISSION 22'S AMBASSADORS ARE VETERANS, WHILE MANY OF THE REST HAVE DIRECT TIES WITH VETERANS IN THEIR LIVES. CREATING A COMMUNITY OF SUPPORT FOR ALL.

    Expenses $1,756,316

  • RECOVERY + RESILIENCY IS A PROGRAM FOR VETERANS AND THEIR SPOUSES THAT COMBINES TIMELESS PRINCIPLES OF HUMAN HEALING WITH MODERN SCIENCE. OUR INTRODUCTORY COURSE, ELEMENTS, IS A FREE, VIRTUAL SELF-GUIDED 28-DAY PROGRAM THATS OPEN TO EVERYONE INTERESTED IN SCIENCE-BASED WELLNESS (CIVILIANS INCLUDED). WE ALSO OFFER LONG-TERM INTENSIVE PROGRAMS FOR VETERANS AND SPOUSES OF VETERANS. MISSION 22 ALSO PROVIDES PROGRAMS FOR CHILDREN AND GRANDCHILDREN OF VETERANS, ALL AT NO COST TO THEM.

    Expenses $1,629,261

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mike Kissel

    PRESIDENT

    Total calculated
    $0

  • Brad Hubbard

    VICE PRESIDE

    Total calculated
    $0

  • Randy Lavere

    TREASURER

    Total calculated
    $0

  • Magnus Johnson

    CHIEF VISION

    Total calculated
    $180,000
    From this org
    $180,000
    From related orgs
    $0
    Other
    $0

    Schedule J breakdown matched by us

    Base
    $180,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $180,000

  • Sara Johnson

    CEO

    Total calculated
    $183,333
    From this org
    $183,333
    From related orgs
    $0
    Other
    $0

    Schedule J breakdown matched by us

    Base
    $183,333
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $183,333

  • Thomas Shevlin

    RECOVERY+RES

    Total calculated
    $109,000
    From this org
    $109,000
    From related orgs
    $0
    Other
    $0

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
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202333189349310758

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