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Nonprofiteer
← TROOPS FIRST FOUNDATION INCORPORATED

Form 990 for tax year 2024

Filed by TROOPS FIRST FOUNDATION INCORPORATED.

Totals

Total revenue
$1,539,337
Total expenses
$3,169,924
Contributions and grants received
$1,493,334
Grants paid
$495,489
Program service revenue
$0
Investment income
$41,262
Other revenue
$4,741
Total assets, end of year
$8,699,578
Total liabilities, end of year
$39,952
Net assets or fund balances, end of year
$8,659,626
Program services expenses (Part IX)
$2,060,067
Management and general expenses
$933,328
Fundraising expenses
$176,529
Program service expenses (Part III)
$2,060,067

Program services were 65.0% 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

    $1,493,334

  • 6a · Gross rents

    real property $3,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $3,000

  • 6d · Net rental income or loss

    total $3,000 · excluded $3,000

  • 7a · Gross sales of assets other than inventory

    other assets $49,362

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

    other assets $8,100

  • 7c · Gain or loss

    other assets $41,262

  • 7d · Net gain or loss

    total $41,262 · excluded $41,262

  • 11a · Other revenue: MISCELLANEOUS

    total $1,741 · excluded $1,741

  • 11e · Other revenue, total

    $1,741

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $224,252 · program services $224,252

  • 2 · Grants to domestic individuals

    total $271,237 · program services $271,237

  • 5 · Compensation of officers, directors and key employees

    total $468,001 · program services $340,006 · management and general $74,287 · fundraising $53,708

  • 7 · Other salaries and wages

    total $244,818 · program services $234,318 · management and general $3,500 · fundraising $7,000

  • 10 · Payroll taxes

    total $52,258 · program services $43,397 · management and general $5,212 · fundraising $3,649

  • 11b · Fees: legal

    total $18,752 · management and general $18,752

  • 11c · Fees: accounting

    total $12,040 · management and general $12,040

  • 11g · Fees: other

    total $107,650 · program services $107,650

  • 12 · Advertising and promotion

    total $7,175 · program services $7,175

  • 13 · Office expenses

    total $24,185 · program services $2,047 · management and general $20,506 · fundraising $1,632

  • 14 · Information technology

    total $14,716 · program services $13,000 · management and general $1,716

  • 16 · Occupancy

    total $33,349 · program services $22,091 · management and general $11,258

  • 17 · Travel

    total $239,308 · program services $218,567 · management and general $20,180 · fundraising $561

  • 22 · Depreciation, depletion and amortization

    total $167,784 · program services $152,008 · management and general $15,776

  • 23 · Insurance

    total $48,916 · program services $25,834 · management and general $22,893 · fundraising $189

  • 24a · Other expenses: UNCOLLECTIBLE INVESTMEN

    total $726,857 · management and general $726,857

  • 24b · Other expenses: FACILITIES AND EQUIPMEN

    total $187,673 · program services $187,673

  • 24c · Other expenses: PROGRAM EVENT

    total $152,265 · program services $42,475 · fundraising $109,790

  • 24d · Other expenses: MISCELLANEOUS PROGRAMAT

    total $84,517 · program services $84,166 · management and general $351

  • 24e · All other expenses

    total $84,171 · program services $84,171

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,013,510 · end of year $5,427,611

  • 3 · Pledges and grants receivable

    beginning of year $772,379 · end of year $490,378

  • 8 · Inventories for sale or use

    beginning of year $8,100 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $48,243

  • 10a · Land, buildings and equipment: cost or other basis

    $3,494,916

  • 10b · Land, buildings and equipment: accumulated depreciation

    $761,570

  • 10c · Land, buildings and equipment, net

    beginning of year $2,772,297 · end of year $2,733,346

  • 15 · Other assets

    beginning of year $750,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,073 · end of year $39,952

  • 27 · Net assets without donor restrictions

    beginning of year $10,290,213 · end of year $8,659,626

Mission and programs · 2024

Mission

TO DEVELOP, OPERATE, AND SUPPORT A SYNERGISTIC GROUP OF WELLNESS, QUALITY OF LIFE, AND EVENT-BASED INITIATIVES IN SUPPORT OF TODAY'S COMBAT-WOUNDED MILITARY PERSONNEL AND THEIR FAMILIES, WHILE FACILITATING A GREATER RECOGNITION AND ENHANCED UNDERSTANDING OF THEIR RELEVANT NEEDS.

Activities or mission (Part I)

PROVIDING MEANINGFUL ASSISTANCE TO OUR MILITARY WOUNDED WHILE SERVING IN IRAQ AND AFGHANISTAN.

  • OPERATION WARRIOR CALL:CONTINUING COMMUNICATIONS BETWEEN "BATTLE BUDDIES" REDEPLOYED HOME MAY BE ESSENTIAL TO TRANSITION OUT OF THE STRESS ENDURED DOWNRANGE. THE COMFORT OF KNOWING THAT A TRUSTED FRIEND WHO HAS ALSO BEEN "OUTSIDE THE WIRE" IS A PHONE CALL AWAY COULD MEAN THE DIFFERENCE BETWEEN A GOOD DECISION AND A BAD DECISION ON ANY GIVEN DAY. HOWEVER, THE CALL NEEDS TO BE PLACED AND THE PHONE NEEDS TO BE ANSWERED. OPERATION WARRIOR CALL IS AN AWARENESS CAMPAIGN THAT BECKONS OUR BRAVE WARRIORS TO REACH OUT TO ONE ANOTHER IN HOPES THAT RECONNECTING WILL FACILITATE HONEST DIALOGUE, CREATE A DESIRE TO STAY IN CONTACT AND FOR SOME WARRIORS HELP DEFINE A VIABLE PATHWAY FORWARD. THREE "PILLARS" CONSTITUTE THE WARRIOR PLEDGE:1. MAKE THE CALL: THE BEST ADVOCATE FOR A WARRIOR IS ANOTHER WARRIOR AND LESSONS LEARNED ARE VALUABLE ASSETS.2. ANSWER THE CALL: THIS IS THE BEST WAY TO CONTINUE LOOKING OUT FOR THE WARRIORS ON YOUR LEFT AND RIGHT.3. BE HONEST: SITUATIONAL AWARENESS CAN LEAD TO A POSITIVE COURSE OF ACTION.OPERATION WARRIOR CALL ALSO CALLS ON AMERICAN CITIZENS TO MAKE THEIR OWN "CIVILIAN PLEDGE" TO CREATE AWARENESS OF THE INITIATIVE AMONG SERVICE MEMBERS, ACTIVE AND RETIRED, WITHIN THEIR COMMUNITY.

    Expenses $1,290,065 · Grants $36,300

  • OPERATION REINTEGRATION:BEYOND OUR LARGER PROGRAMS AND INITIATIVES, THE FOUNDATION INTERACTS ON A DAILY BASIS WITH INJURED SERVICE MEMBERS. TIME SPENT MEETING WARRIORS AND THEIR FAMILIES, BUILDING RELATIONSHIPS AND GAINING TRUST SO AS TO FACILITATE MEANINGFUL FUTURE ASSISTANCE DURING THE MANY STAGES OF RECOVERY HAS ENABLED US TO DEVELOP A NETWORK WITHIN THE WARRIOR CARE LANDSCAPE. OPERATION REINTEGRATION SERVES AS A CATCH-ALL FOR THESE DAILY ACTIVITIES WITH IN-PATIENTS, OUT-PATIENTS AND THOSE WHO HAVE RETURNED HOME AND THEIR FAMILIES. BECAUSE EACH INDIVIDUAL HAS VARYING NEEDS, THE FOUNDATION ASSISTS WITH EVERYDAY SITUATIONS SUCH AS GROCERY SHOPPING AND BUYING GYM CLOTHES FOR PHYSICAL THERAPY THAT FIT OVER THEIR PROSTHETICS. THE FOUNDATION'S GOAL IS TO BE AVAILABLE FOR THE NEEDS OF OUR WARRIORS AS THEY ARISE.24/7 BATTLE BUDDIES:24/7 BATTLE BUDDIES IS A PROGRAM THAT MATCHES CANINES TO WOUNDED MILITARY VETERANS WHO HAVE SERVED IN IRAQ AND AFGHANISTAN. EACH 24/7 BATTLE BUDDY IS CAREFULLY SELECTED FOR THEIR PARTNER. THE TRAINING IS THEN SPECIFIC TO THE WARRIOR'S NEEDS AND INTENDED TO ASSIST IN SUCCESSFULLY NAVIGATING EVERYDAY LIFE.

    Expenses $485,940 · Grants $459,189

  • LEROY PETRY VILLAGE OF HONOR:MOST OFTEN WHEN A WARRIOR IS SEVERELY WOUNDED IN COMBAT, A PROTRACTED RECOVERY PROCESS BEGINS. THERE ARE MANY STAGES IN THE RECOVERY PROCESS, AND EACH RECOVERY IS UNIQUE TO THE INDIVIDUAL WARRIOR. HOWEVER, ALL MUST GO THROUGH A MEDICAL EVALUATION KNOWN AS THE MED BOARD. THIS USUALLY STARTS WHEN MOST MEDICAL PROCEDURES ARE COMPLETE AND THERAPEUTIC SERVICES ARE WELL UNDERWAY. THE MED BOARD CAN TAKE FROM NINE MONTHS TO ALMOST TWO YEARS. THIS IS WHEN MANY WARRIORS MOST OFTEN NEED AND SEEK ADDITIONAL HOUSING OPTIONS. IN AN EFFORT TO CONTINUE WITH THE FOUNDATION'S MISSION OF DEVELOPING RELEVANT INITIATIVES TO ASSIST WARRIORS WITH REINTEGRATING BACK TO CIVILIAN LIFE, THE LEROY PETRY VILLAGE OF HONOR HAS BEEN BUILT. THIS IS A TRANSITIONAL HOUSING PROGRAM THAT CONSISTS OF SEVEN SINGLE FAMILY ACCESSIBLE HOMES. THESE HOMES ARE AVAILABLE FOR A ONE TO TWO YEAR PERIOD TO WARRIORS AND THEIR FAMILIES WHO ARE TRANSITIONING OUT OF THE MILITARY AFTER INJURIES SUSTAINED IN COMBAT.WARRIOR CALL RANCH:AS THE WARRIOR CALL INITIATIVE GROWS THROUGH IN-PERSON AND VIRTUAL ENGAGEMENTS, INDIVIDUALIZED RESPONSES PROVIDING VARIOUS TYPES OF ASSISTANCE AND THE PLANNED LAUNCH OF NATIONAL WARRIOR CALL DAY, THE FOUNDATION HAS ESTABLISHED YET ANOTHER VIABLE RESOURCE UNDER THE WARRIOR CALL UMBRELLA THE WARRIOR CALL RANCH.THE WARRIOR CALL RANCH IS A SIX-BEDROOM, 10,500 SQUARE FOOT FACILITY LOCATED IN MOUNT AIRY, MARYLAND ON 35 MOSTLY WOODED ACRES. IT IS APPROXIMATELY ONE HOUR FROM BALTIMORE AND THE NATION'S CAPITAL. THE RANCH IS A PERFECT SETTING FOR THE FOUNDATION TO HOST WARRIOR RETREATS, WARRIOR FAMILY GETAWAYS AND SUMMITS FOR BOTH ACTIVE DUTY PERSONNEL AND VETERAN GROUPS THAT EXPAND OUR BANDWIDTH AND OUTREACH OBJECTIVES.IT IS IMPORTANT TO UNDERSTAND THE WARRIOR CALL RANCH WILL PROVIDE A SAFE, RELAXING, NON-JUDGMENTAL ENVIRONMENT WHERE ALL GUESTS CAN "CATCH THEIR BREATH."

    Expenses $284,062

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

Listed in Part VII

  • Richard C Kell

    CHIEF EXECUTIVE DIRECTOR

    Total calculated
    $196,914
    From this org
    $170,000
    From related orgs
    $0
    Other
    $26,914
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,914
    Filer's total
    $196,914
  • Lindsey Kell-Weaver

    CHIEF FINANCIAL OFFICER

    Total calculated
    $109,946
    From this org
    $100,000
    From related orgs
    $0
    Other
    $9,946
    Hours/week
    40
  • John Ablon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    6
  • Joe Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Anthony M Fauci

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • David Feherty

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Ed Garahan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    8
  • Bill Larkin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jim Smail

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Frank Larkin

    CHIEF OPERATING OFFICER

    Total calculated
    $161,141
    From this org
    $160,000
    From related orgs
    $0
    Other
    $1,141
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $1,141
    Filer's total
    $161,141

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 · Compensation committee
  • 3 · Written employment contract

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

  • TO PROVIDE ACCESS TO THERAPEUTIC ADAPTIVE GOLF PROGRAMS AND CLINICS TO POST 9/11 COMBAT-WOUNDED SERVICE MEMBERS

  • TO PROVIDE SCHOLARSHIPS TO THE SPOUSES AND CHILDREN OF POST 9/11 FALLEN OR COMBAT-WOUNDED SERVICE MEMBERS

  • TO PROVIDE MENTAL HEALTH SERVICES AND ACCESS TO TBI TREATMENT TO POST 9/11 COMBAT-WOUNDED SERVICE MEMBERS

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543189349305019

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