Adopt A Platoon
- Assets
- $2.3m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 21
- Location
- San Benito, TX
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 74-2918904
Organization Overview
Adopt A Platoon is located in San Benito, TX. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Adopt A Platoon employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adopt A Platoon is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Adopt A Platoon generated $7.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $7.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE AND RAISE MORALE FOR DEPLOYED MILITARY FORCES BY PROVIDING ON-GOING CARE PACKAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE QUALITY OF LIFE AND RAISE MORALE FOR DEPLOYED MILITARY FORCES BY PROVIDING ON-GOING CARE PACKAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ida Hagg Executive Di | OfficerTrustee | 50 | $100,000 |
Michael Hagg Secretary-Tr | OfficerTrustee | $32,880 | |
Chad Woolam Director | OfficerTrustee | $0 | |
Karen Ballard Director | OfficerTrustee | $0 | |
Tammy Mcneely Director | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,234,546 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,234,546 |
| Total Program Service Revenue | $0 |
| Investment income | $283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,326,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,880 |
| Compensation of current officers, directors, key employees. | $132,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $360,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,010 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $66,437 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,758 |
| Advertising and promotion | $446 |
| Office expenses | $0 |
| Information technology | $50,557 |
| Royalties | $0 |
| Occupancy | $83,990 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,256 |
| Insurance | $39,253 |
| All other expenses | $110,023 |
| Total functional expenses | $7,695,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000,954 |
| Savings and temporary cash investments | $541,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $367,398 |
| Prepaid expenses and deferred charges | $166,178 |
| Net Land, buildings, and equipment | $235,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,311,218 |
| Accounts payable and accrued expenses | $541,109 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,637 |
| Total liabilities | $552,746 |
| Net assets without donor restrictions | $1,758,472 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,311,218 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Adopt A Platoon has recieved totaling $27,958.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $18,550 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,083 |
Joseph W & Faith K Tiberio Charitable Foundation Holliston, MA PURPOSE: CHARITABLE | $250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Emerge Center Inc Baton Rouge, LA | $1,893,812 | $1,088,912 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Axia International Spring, TX | $1,284,457 | $5,701,769 |
Shelton Landmark Foundation Dallas, TX | $120,539,366 | $9,909,394 |
Carry The Load Dallas, TX | $2,418,969 | $4,944,762 |