Folds Of Honor Foundation
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2670236
Organization Overview
Folds Of Honor Foundation is located in Birmingham, AL. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Folds Of Honor 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 12/2023, Folds Of Honor Foundation generated $68.3k 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 (15.4%) each year. All expenses for the organization totaled $82.0k 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
FOLDS OF HONOR IS A 501(C)(3) NONPROFIT ORGANIZATION THAT PROVIDES EDUCATIONAL SCHOLARSHIPS TO THE SPOUSES AND CHILDREN OF MILITARY MEMBERS WHO HAVE FALLEN OR BEEN DISABLED WHILE SERVING IN THE UNITED STATES ARMED FORCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Redford President | 5 | $0 | |
Gen Paul Pocopanni Vice President | 5 | $0 | |
Charlie Jones Treasurer | 5 | $0 | |
Amy Kirkland Director | 5 | $0 | |
Mike Gunn Director | 5 | $0 | |
Rusty Redford Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,168 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$53,849 |
| Other Revenue | $0 |
| Total Revenue | $68,319 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $1,432 |
| Printing, publications, postage, and shipping | $4,295 |
| Other expenses | $10,259 |
| Total expenses | $81,986 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,628 |
| Other assets | $0 |
| Total assets | $53,576 |
| Total liabilities | $52,500 |
| Net assets or fund balances | $1,076 |