Totals
- Total revenue
- $909,777
- Total expenses
- $794,282
- Contributions and grants received
- $705,755
- Grants paid
- $623,971
- Program service revenue
- $0
- Investment income
- $9,231
- Other revenue
- $194,791
- Total assets, end of year
- $193,108
- Total liabilities, end of year
- $31,593
- Net assets or fund balances, end of year
- $161,515
- Program services expenses (Part IX)
- $623,971
- Management and general expenses
- $0
- Fundraising expenses
- $170,311
- Program service expenses (Part III)
- $623,971
Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$68,647
-
1f · All other contributions, gifts and grants
$637,108
-
1g · Noncash contributions included above
$18,125
-
3 · Investment income
total $9,231
-
8a · Fundraising events: gross income
$286,697
-
8a · Fundraising events: contributions included on line 1c
$68,647
-
8b · Fundraising events: direct expenses
$95,512
-
8c · Net income from fundraising events
total $191,185
-
10a · Gross sales of inventory
$7,349
-
10b · Cost of goods sold
$3,743
-
10c · Net income from sales of inventory
total $3,606
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $623,736 · program services $623,736
-
2 · Grants to domestic individuals
total $235 · program services $235
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $21,200 · fundraising $21,200
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,400 · fundraising $6,400
-
12 · Advertising and promotion
total $2,152 · fundraising $2,152
-
13 · Office expenses
total $26,413 · fundraising $26,413
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $171 · fundraising $171
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $516 · fundraising $516
-
23 · Insurance
total $0
-
24a · Other expenses: ENTERTAINMENT
total $9,400 · fundraising $9,400
-
24b · Other expenses: EVENTS
total $84,191 · fundraising $84,191
-
24c · Other expenses: GIFTS AWARDS
total $1,743 · fundraising $1,743
-
24d · Other expenses: RAFFLE ITEMS
total $18,125 · fundraising $18,125
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $24,725 · end of year $171,225
-
4 · Accounts receivable
end of year $178
-
8 · Inventories for sale or use
end of year $6,265
-
9 · Prepaid expenses and deferred charges
end of year $12,355
-
10a · Land, buildings and equipment: cost or other basis
$3,400
-
10b · Land, buildings and equipment: accumulated depreciation
$315
-
10c · Land, buildings and equipment, net
end of year $3,085
-
17 · Accounts payable and accrued expenses
end of year $20,000
-
19 · Deferred revenue
end of year $11,593
-
27 · Net assets without donor restrictions
beginning of year $24,725 · end of year $161,515
Mission and programs · 2023
Mission
To raise funds for the Folds of Honor Foundation which provides financial assistance for education to spouses and children of Americas fallen and disabled service members.
-
Folds of Honor, Motor City Chapter, provides the national organization with grant funds that provide recipients with higher education scholarships and childrens funds scholarships for spouse and dependents of service members killed in action, in the line of duty or suffered the loss of a limb died of any cause while on active duty or after being classified as having a service-connected disability. Scholarships are used to subsidize the costs of tuition, schoolbooks, fees, on campus room and board, approved educational tutoring, and other approved educational expenses.
Expenses $623,971
As filed on the 2023 return.
Listed in Part VII
-
Russell Bruner IIIRUSSELL BRUNER III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
John PelletierJOHN PELLETIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Brian VellaBRIAN VELLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Matthew NewcombMATTHEW NEWCOMB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
William FlohrWILLIAM FLOHR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Ryan SilvaRYAN SILVA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Matt HemmelgarnMATT HEMMELGARN
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Chelsea DavisonCHELSEA DAVISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Hugo GarofaloHUGO GAROFALO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Russell BrunerRUSSELL BRUNER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$623,736
VETERAN ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401349349302765
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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