Skip to content
Nonprofiteer
← NO GREATER SACRIFICE FOUNDATION

Form 990 for tax year 2024

Filed by NO GREATER SACRIFICE FOUNDATION.

Totals

Total revenue
$3,042,373
Total expenses
$3,605,896
Contributions and grants received
$2,610,997
Grants paid
$2,858,318
Program service revenue
$0
Investment income
$429,869
Other revenue
$1,507
Total assets, end of year
$16,003,677
Total liabilities, end of year
$8,522,387
Net assets or fund balances, end of year
$7,481,290
Program services expenses (Part IX)
$3,483,960
Management and general expenses
$106,004
Fundraising expenses
$15,932
Program service expenses (Part III)
$3,483,960

Program services were 96.6% 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.

  • 1f · All other contributions, gifts and grants

    $2,610,997

  • 1g · Noncash contributions included above

    $7,099

  • 3 · Investment income

    total $241,680 · excluded $241,680

  • 7a · Gross sales of assets other than inventory

    securities $749,018

  • 7b · Less cost or other basis and sales expenses

    securities $560,829

  • 7c · Gain or loss

    securities $188,189

  • 7d · Net gain or loss

    total $188,189 · excluded $188,189

  • 11a · Other revenue: Other income

    total $1,507 · excluded $1,507

  • 11e · Other revenue, total

    $1,507

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,858,318 · program services $2,858,318

  • 5 · Compensation of officers, directors and key employees

    total $202,307 · program services $183,455 · management and general $13,498 · fundraising $5,354

  • 7 · Other salaries and wages

    total $330,753 · program services $299,933 · management and general $22,067 · fundraising $8,753

  • 9 · Other employee benefits

    total $741 · management and general $741

  • 10 · Payroll taxes

    total $38,535 · program services $35,446 · management and general $2,089 · fundraising $1,000

  • 11c · Fees: accounting

    total $42,998 · management and general $42,998

  • 11f · Fees: investment management

    total $12,830 · management and general $12,830

  • 11g · Fees: other

    total $48,035 · program services $46,598 · management and general $1,392 · fundraising $45

  • 13 · Office expenses

    total $17,592 · program services $9,577 · management and general $7,235 · fundraising $780

  • 17 · Travel

    total $30,169 · program services $30,169

  • 23 · Insurance

    total $2,521 · program services $1,587 · management and general $934

  • 24a · Other expenses: Awareness

    total $18,877 · program services $18,877

  • 24b · Other expenses: Registration/filing fee

    total $2,220 · management and general $2,220

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,962,818 · end of year $2,074,084

  • 2 · Savings and temporary cash investments

    beginning of year $2,321 · end of year $2,321

  • 3 · Pledges and grants receivable

    beginning of year $308,540 · end of year $159,582

  • 11 · Investments: publicly traded securities

    beginning of year $11,742,543 · end of year $13,767,690

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,910 · end of year $34,500

  • 18 · Grants payable

    beginning of year $7,882,838 · end of year $8,487,887

  • 27 · Net assets without donor restrictions

    beginning of year $6,013,379 · end of year $7,407,195

  • 28 · Net assets with donor restrictions

    beginning of year $74,095 · end of year $74,095

Mission and programs · 2024

Mission

NGS is dedicated to children of our nation's fallen and wounded Service members by delivering scholarships and resources to improve their quality of life through the pursuit of higher education. See Schedule O.

Activities or mission (Part I)

NGS is dedicated to educating the children of our nation's fallen and wounded Service members.

  • NGS Scholarships - In 2024, NGS made $2,604,000 new commitments to fully fund post-high school education for children of the fallen and wounded Service members. The men and women of the United States Armed Forces risk their lives to defend our great nation and the values it holds dear. There is No Greater Sacrifice than that made by these brave Americans: to put themselves in harm's way so that others might live. We are doing our part to honor this sacrifice by helping to educate the children of American Heroes.No Greater Sacrifice enables greatness in the children of fallen and wounded Service members in their pursuit of higher education. NGS raises awareness of these families and their sacrifices and provides post high school education for their children.

    Expenses $3,483,960 · Grants $2,858,318

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Brown

    Chairman

    Total calculated
    $0
    Hours/week
    5

  • Bonnie Sutherland

    Secretary & Military Family Liaison

    Total calculated
    $0
    Hours/week
    15

  • William King

    General Counsel

    Total calculated
    $0
    Hours/week
    3

  • Charles Grace

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Kirk Rostron

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrew Maner

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrew King

    Director

    Total calculated
    $0
    Hours/week
    2

  • Holidae Hayes

    Director

    Total calculated
    $0
    Hours/week
    1

  • Greg Outcalt

    Director of Investments

    Total calculated
    $0
    Hours/week
    3

  • Frank Cavaliere

    Director

    Total calculated
    $0
    Hours/week
    2

  • Robert Fisher

    Director

    Total calculated
    $0
    Hours/week
    1

  • BR McConnon

    Director

    Total calculated
    $0
    Hours/week
    2

  • Virginia Grande

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bob Okun

    Director

    Total calculated
    $0
    Hours/week
    1

  • Iam Musselman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rebekah Lovorn

    Executive Director

    Total calculated
    $202,307
    From this org
    $202,307
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $202,307
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $202,307

  • Kanon Carlson

    Director of Operations

    Total calculated
    $129,400
    From this org
    $129,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    45

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202503169349303700

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.