What the amendment changed
Compared with the return it replaced , filed 7 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Program services expenses
- $328,159 changed to $324,334
- Management and general expenses
- $0 changed to $3,825
- Program service expenses (Part III)
- $328,159 changed to $324,334
Totals
- Total revenue
- $314,466
- Total expenses
- $328,159
- Contributions and grants received
- $294,092
- Grants paid
- $318,109
- Program service revenue
- $0
- Investment income
- $62
- Other revenue
- $20,312
- Total assets, end of year
- $13,083
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $13,083
- Program services expenses (Part IX)
- $324,334
- Management and general expenses
- $3,825
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $324,334
Program services were 98.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$294,092
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $62 · related or exempt $62 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$85,521
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$65,209
-
8c · Net income from fundraising events
total $20,312 · unrelated business $0 · excluded $20,312
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $318,109 · program services $318,109
-
13 · Office expenses
total $1,343 · management and general $1,343
-
14 · Information technology
total $359 · management and general $359
-
17 · Travel
total $1,058 · management and general $1,058
-
23 · Insurance
total $1,065 · management and general $1,065
-
24a · Other expenses: Bank fees
total $80 · program services $80 · management and general $0 · fundraising $0
-
24b · Other expenses: Merchandise
total $6,145 · program services $6,145 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $22,742 · end of year $503
-
2 · Savings and temporary cash investments
beginning of year $600 · end of year $9,619
-
7 · Other notes and loans receivable
end of year $0
-
15 · Other assets
beginning of year $3,434 · end of year $2,961
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $26,776 · end of year $13,083
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
To raise funds for the Folds of Honor Foundation which provides financial assistance for education to the spouses and children of fallen and disabled military and first responders
Activities or mission (Part I)
Folds of Honor provides scholarships to the families of fallen or disabled military and first responders
-
Folds of Honor Western Carolina chapter provides to the National Organization grant funds that provide recipients with scholarships for higher education and children's fund scholarships for spouses and dependents for servicemembers and first responders who are killed during service or were disabled Scholarships are used to subsidize the cost of tuition, books, fees on campus, room and board, approved educational tutoring or other approved educational services.
Expenses $324,334 · Grants $318,109 · Revenue $314,466
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
R David Nein
President
- Total calculated
- $0
- Hours/week
- 10
-
Andy George
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alan Hyman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathleen Green
Director
- Total calculated
- $0
- Hours/week
- 2
-
Justin Avery
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gary Crafford
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tom Shea
Director
- Total calculated
- $0
- Hours/week
- 2
-
Clem McDavid
Director, President - Under 40 Team
- Total calculated
- $0
- Hours/week
- 2
-
Chuck Flannigan
Director
- Total calculated
- $0
- Hours/week
- 2
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
-
Folds of Honor Foundation
$318,109
To award scholarships for Military and First Responder families who have suffered a loss due to the disability or death of the service members
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202413319349301356
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