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Human Services : Social Services

Operation Finally Home

Turning a hero's hardship into a home

three stars

87.15

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
Chairman of the Board

CEO
Russell L. Carroll
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.15 three stars
  Financial 82.28 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2017 and includes data from FY2016, 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.

Financial

three stars

82.28

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2017 and includes data from FY2016, 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)
75.5%
  Administrative Expenses 9.7%
  Fundraising Expenses 14.6%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.47
  Program Expenses Growth 18.8%
  Liabilities to Assets 31.4%
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) 87.15 three stars
Project Sanctuary (CO) 96.66 four stars
Midwest Shelter for Homeless Veterans (IL) 88.97 three stars
National Veterans Foundation (CA) 92.20 four stars
USO Metropolitan Washington-Baltimore (VA) 91.24 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,759,472
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $51,801
   Related Organizations $0
   Government Grants $244,492
Total Contributions $5,055,765
   Program Service Revenue $0
Total Primary Revenue $5,055,765
   Other Revenue $324,535
TOTAL REVENUE $5,380,300
   
EXPENSES  
   Program Expenses $4,762,930
   Administrative Expenses $608,594
   Fundraising Expenses $1,162,610
TOTAL FUNCTIONAL EXPENSES $6,534,134
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,153,834
   
Net Assets $2,965,612

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 $4,762,930 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$150,577 2.30% Russell Carroll Executive Director
Other Salaries of Note
$171,346 2.62% Daniel D. Wallrath President, Founder

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation Finally Home (TX) 87.15 three stars
USO Metropolitan Washington-Baltimore (VA) 91.24 four stars
EOD Warrior Foundation (FL) 90.22 four stars
Midwest Shelter for Homeless Veterans (IL) 88.97 three stars
Operation Homefront (TX) 95.25 four stars

Compare These Charities (Highly Rated)

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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
Chairman of the Board

CEO

Russell L. Carroll
Executive Director

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