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Nonprofit · EIN 87-3826552

MIGHTY HERO HOME FOUNDATION INC

Tax-exempt · MCDONOUGH, GA 30253

Financials

$257K$245K2023$168K$172K2024$216K$169K2025
Revenue Expenses · by fiscal year end
Financials of MIGHTY HERO HOME FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$216,210$168,937$47,273$77,091$1,986$75,105
December 31, 2024990$167,732$172,098-$4,366$27,832$0$27,832
December 31, 2023990$256,851$245,052$11,799$41,718$0$41,718
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$237,741
of which government grants
$29,800
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$21,531
Other revenue
-$21,531

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$30,000
Professional fundraising fees
$0
Legal fees
$3,829
Accounting fees
$3,285
Occupancy
$9,058
Travel
$11,491
Program services (functional)
$131,823
Management and general (functional)
$37,114

Balance sheet and other

Total assets, start of year
$27,832
Total assets, end of year
$77,091
Total liabilities, end of year
$1,986
Net assets, end of year
$75,105
Net assets without donor restrictions
$75,105
Gross receipts
$252,398
Employees
0
Volunteers
60
Year formed
2022
State of legal domicile
GA

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DEREK LAYNEVICE CHAIR
Trustee or director, Officer
60$25,000
DREW WALSTONCHAIRMAN
Trustee or director, Officer
60$5,000
JEFF BERMANTREASURER
Trustee or director, Officer
20$0
JOANNE BASSDIRECTOR
Trustee or director
3$0
LES CARROLLDIRECTOR
Trustee or director
3$0
CARL SCHAFFERDIRECTOR
Trustee or director
3$0
STEVEN SMITHDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
DREW WALSTONCHAIRMAN
Trustee or director, Officer
60$0
DEREK LAYNEVICE CHAIR
Trustee or director, Officer
60$0
JEFF BERMANTREASURER
Trustee or director, Officer
20$0
LES CAROLSECRETARY
Trustee or director, Officer
20$0
JOANNE BASSDIRECTOR
Trustee or director
3$0
CARL SCHAFFERDIRECTOR
Trustee or director
3$0
STEVEN SMITHDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JEFF BERMANTREASURER
Officer
20$0
LES CAROLSECRETARY
Officer
20$0
DREW WALSTONCEO
Officer
60$0
DEREK LAYNEPARTNER
Officer
60$0

Address and contacts

Address (IRS master file)
133 MCDONOUGH PKWY, MCDONOUGH, GA 30253-6598
Principal officer (990 for 2025)
DREW WALSTON, 133 MCDONOUGH PARKWAY, MCDONOUGH, GA 30253
Signed the 990
DREW WALSTON, CEO
Phone
(844) 791-5111
Return prepared by
LUMSDEN & MCCORMICK LLP

Mission

MIGHTY HERO HOMES EXISTS TO ERADICATE VETERAN HOMELESSNESS BY PROVIDING AFFORDABLE, PERMANENT, PERSONAL HOMES TO ALL HOMELESS VETERANS IN SAFE ENVIRONMENTS WITH A FULL ARRAY OF ON-BASE AMENITIES AND WRAPAROUND SERVICES. HOMELESS TO HOME OWNERSHIP IS THE OBJECTIVE FOR EACH BASE RESIDENT.

990 for the year ended December 31, 2025

Program accomplishments

  • TO END VETERAN HOMELESSNESS IN THE US BY BUILDING AFFORDABLE, PERMANENT HOMES THROUGHOUT THE NATION EXCLUSIVELY FOR HOMELESS VETERANS. ALSO PROVIDE AMENITIES AND WRAPAROUND SERVICE.
    Expenses $131,823

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3826552
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$77,091
Income (IRS master file)
$252,398

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$216,210$168,937$77,091XML
990December 2024$167,732$172,098$27,832IRS
990December 2023$256,851$245,052$41,718XML
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 87-3826552).

Questions about MIGHTY HERO HOME FOUNDATION INC

What is the EIN of MIGHTY HERO HOME FOUNDATION INC?
The employer identification number (EIN) of MIGHTY HERO HOME FOUNDATION INC is 87-3826552.
Is MIGHTY HERO HOME FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MIGHTY HERO HOME FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIGHTY HERO HOME FOUNDATION 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 MIGHTY HERO HOME FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIGHTY HERO HOME FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MIGHTY HERO HOME FOUNDATION INC?
The 990 for the year ended December 31, 2025 names DREW WALSTON.
Who are the officers and directors of MIGHTY HERO HOME FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $25,000 (DEREK LAYNE, VICE CHAIR).
How much revenue does MIGHTY HERO HOME FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $216,210, expenses of $168,937 and total assets of $77,091 at year end.

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