Public & Societal Benefit
(W30)
IRS Verified
DX Registered
990 on File
HONOR VETERANS NOW
Financial strength (30%)
68/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Honor Veterans Now is dedicated to uniting communities to honor our brave young Veterans facing challenges. Our mission is to combat hunger among Texas Veterans by funding nutritious meals to all eligible individuals, thereby alleviating food insecurity within the Veteran population.
Financial Overview — FY 2024
$722K
Total Revenue
$734K
Total Expenses
$313K
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.5%
Fundraising Efficiency
80.6%
Operating Reserve
5.12x
Liability-to-Asset
11.7%
Revenue Diversification
97.2%
Compared with Peers
FY 2024
Compared with 1,516 similar organizations
(United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.5% | 85.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.5% | 10.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
80.6% | 9.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.1 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.7% | 0.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.2% | 97.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-11.2% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-14.0% | 12.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.7% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $722K | $734K | $313K | 91.5% | 6 |
| 2023 | $813K | $854K | $322K | 92.3% | 6 |
| 2022 | $620K | $624K | $363K | 91.8% | 8 |
| 2021 | $489K | $416K | N/A | — | 8 |
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