Nonprofit · EIN 31-1742604
A COMMITMENT TO OUR ROOTS INC
Also known as THE HERO INITIATIVE INC
Tax-exempt · LAKE BALBOA, CA 91406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $444,898 | $617,283 | -$172,385 | $695,445 | $7,809 | $687,636 |
| June 30, 2024 | 990 | $665,521 | $598,210 | $67,311 | $862,241 | $2,218 | $860,023 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $239,294
- Program service revenue
- $205,441
- Investment income
- $163
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $273,443
- Compensation of officers, directors and key employees
- $160,000
- Salaries, compensation and benefits (total)
- $173,653
- Professional fundraising fees
- $0
- Legal fees
- $1,700
- Accounting fees
- $10,981
- Travel
- $24,839
- Program services (functional)
- $439,067
- Management and general (functional)
- $178,216
Balance sheet and other
- Total assets, start of year
- $862,241
- Total assets, end of year
- $695,445
- Total liabilities, end of year
- $7,809
- Net assets, end of year
- $687,636
- Gross receipts
- $444,898
- Employees
- 2
- Volunteers
- 25
- Year formed
- 2000
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM McLAUCHLIN | PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $100,000 |
| CHRISTINA ARROBIO | DEVELOPMENT DIRECTOR Key employee | 40 | $60,000 |
| STEVE BOROCK | BOARD MEMBER Trustee or director | 5 | $0 |
| MEGAN HUTCHINSON | BOARD MEMBER Trustee or director | 5 | $0 |
| LAURA MARTIN | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN PULIDO | BOARD MEMBER Trustee or director | 5 | $0 |
| JOE QUESADA | BOARD MEMBER Trustee or director | 5 | $0 |
| MICHAEL SAVAGE | BOARD MEMBER Trustee or director | 5 | $0 |
| MARK WAID | BOARD MEMBER Trustee or director | 5 | $0 |
| HOWARD CHAYKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| KLAUS JANSON | BOARD MEMBER Trustee or director | 5 | $0 |
| ANN NOCENTI | BOARD MEMBER Trustee or director | 5 | $0 |
| JOHN ROMITA SR | BOARD MEMBER Trustee or director | 5 | $0 |
| WALTER SIMONSON | BOARD MEMBER Trustee or director | 5 | $0 |
| ROY THOMAS | BOARD MEMBER Trustee or director | 5 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM VALENTINO | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM McLAUCHLIN | PRESIDENT Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $95,583 |
| CHRISTINA ARROBIO | DEVELOPMENT DIRECTOR Key employee | 40 | $60,034 |
| STEVE BOROCK | BOARD MEMBER Trustee or director | 5 | $0 |
| MEGAN HUTCHINSON | BOARD MEMBER Trustee or director | 5 | $0 |
| LAURA MARTIN | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN PULIDO | BOARD MEMBER Trustee or director | 5 | $0 |
| JOE QUESADA | BOARD MEMBER Trustee or director | 5 | $0 |
| MICHAEL SAVAGE | BOARD MEMBER Trustee or director | 5 | $0 |
| MARK WAID | BOARD MEMBER Trustee or director | 5 | $0 |
| HOWARD CHAYKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| KLAUS JANSON | BOARD MEMBER Trustee or director | 5 | $0 |
| ANN NOCENTI | BOARD MEMBER Trustee or director | 5 | $0 |
| JOHN ROMITA SR | BOARD MEMBER Trustee or director | 5 | $0 |
| WALTER SIMONSON | BOARD MEMBER Trustee or director | 5 | $0 |
| ROY THOMAS | BOARD MEMBER Trustee or director | 5 | $0 |
| JIM VALENTINO | BOARD MEMBER Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 6508 ALDEA AVE, LAKE BALBOA, CA 91406-5403
- Principal officer (990 for 2024)
- JIM McLAUCHLIN, 6508 ALDEA AVENUE, LAKE BALBOA, CA 91406
- Signed the 990
- JAMES McLAUCHLIN, PRESIDENT
- Phone
- (626) 676-6354
- Website
- WWW.HEROINITIATIVE.ORG
- Return prepared by
- MAB3 CONSULTING INC
Mission
The Hero Initiative is the FIRST ever federally chartered not-for-profit corporation dedicated strictly to helping comic book creators in need. HERO creates a financial safey net for yesterdays creators who may need emergency medical aid.
Program accomplishments
- HERO IS DEDICATED TO HELPING COMIC BOOK CREATORS IN NEED. HERO HAS ASSISTED OVER 100+ CREATORS SINCE INCEPTION IN 2000. HERO RAISES FUNDS BY SELLING ARTWORK & COMIC BOOKS AT COMIC BOOK CONVENTIONS THROUGHOUT THE COUNTRY.Expenses $439,067 · grants $273,443 · revenue $205,604
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1742604
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $695,445
- Income (IRS master file)
- $444,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $444,898 | $617,283 | $695,445 | IRS |
| 990 | June 2024 | $665,521 | $598,210 | $862,241 | IRS |
| 990 | June 2023 | $369,823 | $502,982 | $795,712 | IRS |
| 990 | June 2022 | $727,185 | $401,867 | $920,067 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about A COMMITMENT TO OUR ROOTS INC
- What is the EIN of A COMMITMENT TO OUR ROOTS INC?
- The employer identification number (EIN) of A COMMITMENT TO OUR ROOTS INC is 31-1742604.
- Is A COMMITMENT TO OUR ROOTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to A COMMITMENT TO OUR ROOTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does A COMMITMENT TO OUR ROOTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of A COMMITMENT TO OUR ROOTS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did A COMMITMENT TO OUR ROOTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of A COMMITMENT TO OUR ROOTS INC?
- The 990 for the year ended June 30, 2025 names JIM McLAUCHLIN.
- Who are the officers and directors of A COMMITMENT TO OUR ROOTS INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $100,000 (JIM McLAUCHLIN, PRESIDENT).
- How much revenue does A COMMITMENT TO OUR ROOTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $444,898, expenses of $617,283 and total assets of $695,445 at year end.
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