Armed Forces Foundation Inc is located in Decatur, MI. The organization was established in 2019. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armed Forces Foundation Inc 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 12/2023, Armed Forces Foundation Inc generated $23.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $59.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ASSIST ACTIVE DUTY SERVICEMEMBERS AND VETERANS OF THE US ARMED FORCES WITH THEIR SERVICEMEMBERS CIVIL RELIEFACT AND VA DISABILITY BENEFITS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Cooper Chairperson | 5 | $0 | |
Drew Cooper Vice-Chairperson | 1 | $0 | |
Anella Koneru Secretary/treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,512 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,550 |
| Printing, publications, postage, and shipping | $2,825 |
| Other expenses | $52,094 |
| Total expenses | $59,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,825 |
| Other assets | $0 |
| Total assets | $246,986 |
| Total liabilities | $59,720 |
| Net assets or fund balances | $187,266 |