Armed Forces Foundation
- Assets
- $0.0
- Revenue
- $241.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2017
- EIN
- 75-3070368
Organization Overview
Armed Forces Foundation is located in Washington, DC. Armed Forces Foundation 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 12/2017, Armed Forces Foundation generated $241.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (64.0%) each year. All expenses for the organization totaled $830.1k during the year ending 12/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND PROMOTE THE PHYSICAL, MENTAL, AND EMOTIONAL WELLNESS OF MILITARY SERVICE MEMBERS, VETERANS, AND THEIR FAMILIES. THROUGH DIRECT ASSISTANCE PROGRAMS AND ADVOCACY CAMPAIGNS, WE SEEK TO HONOR THIS POPULATION FOR ITS SERVICE, IMPROVE MILITARY-TO-CIVILIAN REINTEGRATION EFFORTS, AND INSURE A PROSPEROUS FUTURE FOR THE MILITARY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY ASSISTANCE: THE LARGEST PROGRAM ADMINISTERED BY THE FOUNDATION, THE FAMILY ASSISTANCE PROGRAM, PROVIDES DIRECT FINANCIAL ASSISTANCE TO SERVICE MEMBERS AND THEIR FAMILIES FACING FINANCIAL HARDSHIP DUE TO INJURY AND OTHER SERVICE RELATED SITUATIONS. THIS PROGRAM HELPS FAMILIES COVER SUCH EXPENSES AS UTILITY BILLS, RENT/MORTGAGE PAYMENTS FOR CIVILIAN HOUSING, CAR PAYMENTS, CHILDCARE AND CAR INSURANCE. WITH THE ABILITY TO PROVIDE MONEY TO SERVICE MEMBERS AND THEIR FAMILIES FROM ALL BRANCHES OF SERVICE, THE FOUNDATION MAKES A VALUED IMPACT ON THE LIVES OF THOSE WHO SERVE THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Cooke President Until November 2016 | OfficerTrustee | 1 | $0 |
Dave Porter Acting President As Of June 2017 | OfficerTrustee | 1 | $0 |
Hugh K Webster Secretary | OfficerTrustee | 0.5 | $0 |
Tris J Barry Treasurer | OfficerTrustee | 0.5 | $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 | $8,249 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,249 |
| Total Program Service Revenue | $220,950 |
| Investment income | $1,558 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,024 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $465,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,172 |
| Fees for services: Accounting | $20,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,417 |
| Fees for services: Other | $30,716 |
| Advertising and promotion | $0 |
| Office expenses | $2,311 |
| Information technology | $1,162 |
| Royalties | $0 |
| Occupancy | $21,621 |
| Travel | $128 |
| 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 | $0 |
| Insurance | $23,954 |
| All other expenses | $218,974 |
| Total functional expenses | $830,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Armed Forces Foundation has awarded $465,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OPERATION HOMEFRONT PURPOSE: FAMILY ASSISTANCE PROGRAMS | $139,500 |
THE MISSION CONTINUES PURPOSE: FAMILY ASSISTANCE PROGRAMS | $139,500 |
YELLOW RIBBON FUND PURPOSE: FAMILY ASSISTANCE PROGRAMS | $46,500 |
FISHER HOUSE FOUNDATION INC PURPOSE: FAMILY ASSISTANCE PROGRAMS | $139,500 |