DELAWARE MILITARY HERITAGE AND EDUCATION FOUNDATION INC

EIN: 202467191 501(c)(3) Arts, Culture & Humanities

Wilmington, DE

Total Revenue
$349,391
Total Expenses
$54,953
Total Assets
$518,476
Net Assets
$518,476
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
DE
Principal Officer
TERRY L WILEY
Phone
3024231655
Tax Period
2023-01-01 to 2023-12-31

DELAWARE MILITARY HERITAGE AND EDUCATION FOUNDATION INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $349K in total revenue in fiscal year 2023. Revenue surged 1265% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 84% operating margin.

Mission

TO COLLECT, RESTORE AND PRESERVE MATERIAL EVIDENCE OF THE DELAWARE NATIONAL GUARD FOR HISTORICAL AND EDUCATIONAL PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $54,763

TO COLLECT, RESTORE, DISPLAY AND PRESERVE MATERIAL EVIDENCE OF MILITARY UNITS AND INDIVIDUALS IN THE UNIFORMED SERVICES OF THE STATE AND THE UNITED STATES, AND THOSE IN THE CIVILIAN SECTOR INVOLVED...

Read more

TO COLLECT, RESTORE, DISPLAY AND PRESERVE MATERIAL EVIDENCE OF MILITARY UNITS AND INDIVIDUALS IN THE UNIFORMED SERVICES OF THE STATE AND THE UNITED STATES, AND THOSE IN THE CIVILIAN SECTOR INVOLVED WITH MILITARY HERITAGE, FOR GENERATIONS TO COME. THE FOUNDATION COLLECTS AND DISPLAYS MATERIAL ARTIFACTS ASSOCIATED WITH DELAWARE RELATED UNITS, INDIVIDUALS, PLACES, EVENTS, SHIPS AND AIRCRAFT OF THE UNIFORMED SERVICES, TO INCLUDE ACTIVE ARMY AND AIR NATIONAL GUARD, ACTIVE RESERVE COMPONENTS OF THE ARMY, NAVY, AIR FORCE, MARINE CORPS, COAST GUARD, PUBLIC HEALTH SERVICE AND NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION CORPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $348,632
Program Service Revenue $0
Investment Income $759
Other Revenue $0
TOTAL REVENUE $349,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,500
Fundraising Expenses $156
Program Expenses $54,763
Other Expenses $37,453
TOTAL EXPENSES $54,953

Year-over-Year Comparison

2023 2022 Change
Revenue $349,391 $25,598 +12.6%
Expenses $54,953 N/A N/A
Net Income $294,438 $25,598 +10.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
N/A
Employees
1
Volunteers
14

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$17,500
Total Directors
15
$17,500
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY WILEY PRESIDENT 3.00
Officer Director
$0 $0 $0
KENNARD WIGGINS CURATOR 3.00
Officer Director
$0 $0 $0
JOSHUA LOPER EXECUTIVE DIRECTOR 40.00
Officer Director Highest
$17,500 $0 $17,500
PAMELA GONCE DIRECTOR OF FINANCE 3.00
Officer Director
$0 $0 $0
ELIZABETH LAPENNA TREASURER 16.00
Officer Director
$0 $0 $0
WADE CATTS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
RICH GILLIS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS MLYNARCZYK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN PASTOR BOARD MEMBER 1.00
Director
$0 $0 $0
BOB SEIDLE BOARD MEMBER 1.00
Director
$0 $0 $0
PETER BARNES BOARD MEMBER 1.00
Director
$0 $0 $0
TEDDI SILVER BOARD MEMBER 1.00
Director
$0 $0 $0
JOAN WALKER WOLF BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD KOSIOR TAG REPRESENTATIVE 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $349,391 $54,953 $518,476 $294,438
Explore More Nonprofits
→Top 100 Nonprofits in Delaware →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DELAWARE MILITARY HERITAGE AND EDUCATION FOUNDATION INC with other nonprofits in Delaware and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.