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Charity Contact Info

Homes for Our Troops
6 Main Street
Taunton, MA 02780
tel: (866) 787-6677
fax: (508) 823-5411
EIN: 54-2143612

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Board Leadership

Richard A. Cody
Board Chair

CEO

Timothy P. McHale
President, CEO


Give From Your Donor Advised Fund

Human Services : Social Services

Homes for Our Troops

Building homes, rebuilding lives

 
  Score
(out of 100)
Rating
Overall Score & Rating 92.92 4 stars
  Financial 90.00 4 stars
  Accountability & Transparency 100.00 4 stars
This rating was published 06/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Overall Rating Chart

Learn more about how we calculate the overall score and rating.

Financial Performance Metrics
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
89.4%
  Administrative Expenses 5.3%
  Fundraising Expenses 5.2%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 0.79
  Program Expenses Growth 11.1%
  Liabilities to Assets 41.4%
All data for Financial Performance Metrics calculations was provided by Homes for Our Troops on recent 990s filed with the IRS.

Income Statement     (FYE 09/2014)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $16,817,699
   Federated Campaigns $249,734
   Membership Dues $0
   Fundraising Events $632,862
   Related Organizations $0
   Government Grants $0
Total Contributions $17,700,295
   Program Service Revenue $0
Total Primary Revenue $17,700,295
   Other Revenue $-48,804
TOTAL REVENUE $17,651,491
   
EXPENSES  
   Program Expenses $18,855,335
   Administrative Expenses $1,096,349
   Fundraising Expenses $1,141,123
TOTAL FUNCTIONAL EXPENSES $21,092,807
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,441,316
   
Net Assets $14,672,498

Financial Charts

Compensation of Leaders     (FYE 09/2014)

Compensation % of Expenses Paid to Title
$152,458 0.72% Timothy P. McHale President
Other Salaries of Note
$131,768 0.62% Dawn Teixeira Former Executive Director
$20,942 0.09% John S. Gonsalves Former President
$12,692 0.06% Kenneth Preston Former President
Not compensated -- William Ivey Executive Director

Mission

Homes for Our Troops (HFOT) builds specially adapted, mortgage-free homes nationwide for the most severely injured Veterans from Iraq and Afghanistan. Most of these Veterans have sustained injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI). These homes include over 40 major special adaptations and are designed to restore some of the freedom and independence our Veterans sacrificed while defending our country, and enable them to focus on their family, recovery, and rebuilding their lives. HFOT builds these homes where the Veteran chooses to live, and continues its relationship with the Veterans after home delivery to assist them with rebuilding their lives. We provide three years of pro-bono financial planning and household budgeting services to every Veteran in our program to ensure they are positioned for long-term success as a homeowner. Despite their life-altering injuries, many of our Veterans have embarked on new careers, completed their college degrees, or started families. Empowered by the freedom a mortgage-free and specially adapted home brings, these Veterans can now focus on their recovery and returning to their life's work of serving others.

Charities Performing Similar Types of Work

Highly Rated

Charity Name & State Overall Score Overall Rating
Homes for Our Troops (MA) 92.92 4 stars
Operation Support Our Troops - America (IL) 91.16 4 stars
Operation Homefront (TX) 97.87 4 stars
Honor Flight Network (OH) 97.17 4 stars
USO of Hampton Roads and Central Virginia (VA) 87.74 3 stars

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Homes for Our Troops (MA) 92.92 4 stars
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