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Human Services : Social Services

Operation Finally Home

Turning a hero's hardship into a home

two stars

74.98

1659 State Highway 46 W, Suite 115-60 New Braunfels, TX 78132
tel: (210) 240-1708   Web Site
EIN: 20-8964096

Board Leadership
Dan Wallrath & Aaron Wallrath
Co-Chairmen of the Board

CEO
Russell L. Carroll
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 74.98 two stars
  Financial 65.54 one star
  Accountability & Transparency 92.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

At Operation Finally Home, we provide homes and home modifications to America's military Heroes and the widows of the fallen who have sacrificed so much to defend our freedoms and values. We bring together corporate sponsors, builder associations, builders, remodelers, developers, individual contributors, and volunteers to help these Heroes and their families by addressing one of their most pressing needs – a place to call home.

At Operation Finally Home, we provide homes and home modifications to America's military Heroes and the widows of the fallen who have sacrificed so much to defend our freedoms and values. We bring together corporate sponsors, builder associations, builders, remodelers, developers, individual contributors, and volunteers to help these Heroes and their families by addressing one of their most pressing needs – a place to call home.

Impact Information

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Reported Results
Total in 2018
Total number of awarded residencies
27
Number of health outcomes improved
27
Number of service recipients who are employed
102
This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

one star

65.54

Accountability & Transparency

four stars

92.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
69.4%
  Administrative Expenses 9.4%
  Fundraising Expenses 21.0%
  Fundraising Efficiency $0.23
  Working Capital Ratio (years) 0.53
  Program Expenses Growth -9.8%
  Liabilities to Assets 21.7%
All data for Financial Performance Metrics calculations was provided by Operation Finally Home on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Operation Finally Home on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation Finally Home (TX) 74.98 two stars
Give an Hour (MD) 90.51 four stars
Air Warrior Courage Foundation (MD) 91.75 four stars
USA Cares (KY) 88.98 three stars
USO of Hampton Roads and Central Virginia (VA) 97.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,096,603
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $127,079
Total Contributions $5,223,682
   Program Service Revenue $0
Total Primary Revenue $5,223,682
   Other Revenue $442,713
TOTAL REVENUE $5,666,395
   
EXPENSES  
   Program Expenses $3,586,446
   Administrative Expenses $563,255
   Fundraising Expenses $1,420,588
TOTAL FUNCTIONAL EXPENSES $5,570,289
   
Payments to Affiliates $0
Excess (or Deficit) for the year $96,106
   
Net Assets $3,399,322

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Building and Providing Homes $3,259,663 90.9%
Provide Home Remodel and Modifications $326,783 9.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 09/03/2019 74.98 two stars
2017-12 12/01/2018 80.85 three stars
2016-12 12/01/2017 87.15 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-8964096
Name in IRS Master File OPERATION FINALLY HOME
NTEE Code L20
NTEE Classification Housing Development, Construction, Management
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2010
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$145,448 2.61% Russell Carroll Executive Director
Other Salaries of Note
$167,861 3.01% Daniel D. Wallrath Founder

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation Finally Home (TX) 74.98 two stars
DAV (Disabled American Veterans) Charitable Service Trust (KY) 100.00 four stars
Coast Guard Mutual Assistance (VA) 95.21 four stars
Navy SEAL Foundation (VA) 100.00 four stars
USA Cares (KY) 88.98 three stars

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Charity Contact Info

Operation Finally Home
1659 State Highway 46 W, Suite 115-60
New Braunfels, TX 78132
tel: (210) 240-1708
EIN: 20-8964096

Mail donations to:
P.O. Box 372667
Dallas, TX 75373

Visit Web Site

Board Leadership

Dan Wallrath & Aaron Wallrath
Co-Chairmen of the Board

CEO

Russell L. Carroll
Executive Director

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