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Human Services : Social Services

Operation Finally Home

Turning a hero's hardship into a home

three stars

80.85

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 80.85 three stars
  Financial 73.22 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2018 and includes data from FY2017, 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

two stars

73.22

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2018 and includes data from FY2017, 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)
72.8%
  Administrative Expenses 8.9%
  Fundraising Expenses 18.2%
  Fundraising Efficiency $0.19
  Working Capital Ratio (years) 0.51
  Program Expenses Growth 1.7%
  Liabilities to Assets 29.8%
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) 80.85 three stars
Operation First Response (VA) 91.16 four stars
Hope For The Warriors® (VA) 92.54 four stars
Air Force Aid Society (VA) 92.39 four stars
Soldiers' Angels (TX) 94.28 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,708,272
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $243,808
Total Contributions $6,952,080
   Program Service Revenue $0
Total Primary Revenue $6,952,080
   Other Revenue $311,335
TOTAL REVENUE $7,263,415
   
EXPENSES  
   Program Expenses $4,870,851
   Administrative Expenses $624,338
   Fundraising Expenses $1,427,102
TOTAL FUNCTIONAL EXPENSES $6,922,291
   
Payments to Affiliates $0
Excess (or Deficit) for the year $341,124
   
Net Assets $3,415,511

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 $4,825,843 99.1%
Provide Home Remodel and Modifications $45,008 0.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013

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
$145,033 2.09% Russell Carroll Executive Director
Other Salaries of Note
$165,070 2.38% Daniel D. Wallrath President, Founder

Highly Rated

Charity Name & State Overall Score Overall Rating
Operation Finally Home (TX) 80.85 three stars
EOD Warrior Foundation (FL) 92.02 four stars
Army Emergency Relief (VA) 93.98 four stars
The Greater Jacksonville Area USO (FL) 90.93 four stars
Warrior Canine Connection (MD) 92.22 four 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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