Overview
What is Operation Finally Home?
Operation Finally Home is a nonprofit organization, headquartered in New Braunfels, Texas, dedicated to showing gratitude and support to the brave military heroes, first responders, and their families who have selflessly served their country and communities. In 2022 alone, they constructed 18 homes for wounded veterans. Their mission involves collaborating with corporate sponsors, builder associations, builders, remodelers, developers, individual contributors, and volunteers to provide homes and home modifications for these heroes, addressing one of their most pressing needs – a place to call home. Their efforts extend beyond just providing houses, as they also offer home modifications to better accommodate the needs of these heroes and their families.
Official website here: www.operationfinallyhome.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
Operation Finally Home has demonstrated exceptional performance with a 97% score, indicating strong accountability and finance practices. The organization maintains a high level of transparency and integrity, with 75% of its board members being independent and a perfect score in financial oversight. Their program expense ratio is also commendable at 71.59%, reflecting a significant portion of their expenses directed toward program activities.
User feedback highlights the profound impact of Operation Finally Home on the lives of wounded veterans and their families. Many testimonials express heartfelt gratitude for the mortgage-free homes provided, stating that these homes have significantly improved their quality of life. Reviewers describe the organization’s staff as passionate and supportive, making fundraising efforts enjoyable and effective.
While the data reflects strong organizational strengths, some limitations noted include the program's goal to provide a specific number of homes annually, which could indicate the need for continued funding and support to meet these targets. Overall, the feedback from clients served is overwhelmingly positive, affirming the organization's mission and its commitment to helping veterans transition into stable living situations.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Operation Finally Home legitimate?
Operation Finally Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Finally Home submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $168,527
Professional Fundraising Fees: $1,795,525
Other Salaries and Wages: $693,762
For more financial information, click here
Official website here: www.operationfinallyhome.org
What is the mission statement of Operation Finally Home?
Operation Finally Home's mission is centered around providing homes and necessary modifications to military heroes, first responders, and their families. This organization brings together various entities, including corporate sponsors, builders, and volunteers, to support these individuals who have made significant sacrifices in their service to the country and community. By addressing the pressing need for a place to call home, Operation Finally Home aims to alleviate some of the challenges faced by these heroes and their families. The organization's activities are geared towards providing these families with the security and stability that a home offers.
Official website here: www.operationfinallyhome.org
Who is the CEO of Operation Finally Home?
Daniel Wallrath is the Principal Officer of Operation Finally Home.
Official website here: www.operationfinallyhome.org
What is the revenue of Operation Finally Home?
Operation Finally Home's revenue in 2022 was $9,808,854.
Official website here: www.operationfinallyhome.org
Who are the executives of Operation Finally Home and what are their salaries?
The average compensation at Operation Finally Home during 2022 was $78,390. There are 11 employees and 250 volunteers at Operation Finally Home.
Here are 14 key members and their salaries:
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- Compensation: $168,527
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- Compensation: $122,602
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- Other: $1,448
Official website here: www.operationfinallyhome.org
Where can I find the form 990 for Operation Finally Home?
Operation Finally Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.operationfinallyhome.org
Learn more at the official website: www.operationfinallyhome.org
Mission Statement of Operation Finally Home
Operation Finally Home, a nonprofit organization, is dedicated to providing homes and home modifications for military heroes, first responders, and their families. These individuals have selflessly served their country and community, often making significant sacrifices. Operation Finally Home accomplishes this mission by collaborating with corporate sponsors, builder associations, builders, remodelers, developers, individual contributors, and volunteers. Together, they address the pressing need of these heroes and their families for a place to call home. The organization's efforts are not limited to constructing new homes but also include modifying existing ones to better suit the needs of the recipients. By fulfilling this mission, Operation Finally Home demonstrates its commitment to honoring and supporting those who have selflessly served their nation.
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Impact
October, 2024
Operation Finally Home significantly impacts the lives of America's military heroes, first responders, and their families by addressing their critical need for stable and accessible housing. By providing homes and essential modifications, the organization helps those who have made tremendous sacrifices in service to their country and communities regain a sense of normalcy and stability.
In 2022 alone, 18 homes were built for wounded veterans, showcasing a tangible commitment to fulfilling this mission. The collaborative efforts of corporate sponsors, builder associations, individual contributors, and volunteers ensure that these heroes receive not just physical homes but also the support and recognition they deserve. Through various projects, Operation Finally Home helps restore dignity, offers a foundation for healing, and fosters a sense of community among those who have served. This initiative plays a vital role in helping families transition into a more hopeful and secure future.
This information is meant to be a general summary of Operation Finally Home. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$11,765
- Gross Receipts: $9,910,103
Assets and Liabilities:
- Total Assets: $6,586,831
- Total Liabilities: $1,693,112
- Net Assets: $4,893,719
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Organization Details
Founding Year
2005
Phone
(830) 632-6702Principal Officer
Daniel Wallrath
Main Address
1659 STATE HIGHWAY 46 WEST 115, NEW BRAUNFELS, TX, 78132
Website
www.operationfinallyhome.orgNTEE Category
Code: L20 - Housing
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