THE AMERICAN FALLEN SOLDIERS PROJECT INC

EIN: 261624908 501(c)(3)

ADDISON, TX

Total Revenue
$279,712
Total Expenses
$370,728
Total Assets
$82,523
Net Assets
$81,812
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
TX
Principal Officer
PHILLIP TAYLOR
Phone
2143877769
Tax Period
2019-01-01 to 2019-12-31

THE AMERICAN FALLEN SOLDIERS PROJECT INC, founded in 2007, is a small nonprofit that reported $280K in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 33% operating deficit.

Mission

OUR MISSION IS TO HONOR, RESPECT AND FOREVER MEMORIALIZE THE AMERICAN MILITARY SERVICE MEMBERS WHO HAVE MADE THE ULTIMATE SACRIFICE FOR OUR NATION, COMFORT THEIR MOURNING FAMILIES, AND INSPIRE ALL AMERICANS TO KNOW AND RECOGNIZE THE PRICE PAID FOR THEIR FREEDOM.

Program Service Accomplishments

Program 1
Expenses: $335,037 Revenue: $438

THE AMERICAN FALLEN SOLDIERS PROJECT PROVIDES A HAND PAINTED ORIGINAL PORTRAIT BY ARTIST PHIL TAYLOR OF AMERICA'S FALLEN MILITARY TO THEIR FAMILIES. UPON COMPLETION, EACH PORTRAIT IS PERSONALLY...

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THE AMERICAN FALLEN SOLDIERS PROJECT PROVIDES A HAND PAINTED ORIGINAL PORTRAIT BY ARTIST PHIL TAYLOR OF AMERICA'S FALLEN MILITARY TO THEIR FAMILIES. UPON COMPLETION, EACH PORTRAIT IS PERSONALLY PRESENTED TO THE FAMILY BY THE ARTIST DURING A SPECIAL EVENT. ADDITIONALLY, FOR OTHER FAMILY MEMBERS WHO DID NOT RECEIVE THE ORIGINAL PAINTING, WE PROVIDE CANVAS REPRODUCTIONS IN VARIOUS SIZES. ALL ORIGINAL PAINTINGS AND CANVAS REPRODUCTIONS ARE DELIVERED FRAMED AND READY FOR DISPLAY. PHOTO PRINTS ARE ALSO PROVIDED TO THE FAMILY AT THE PORTRAIT PRESENTATION AND CAN BE REORDERED AT ANY TIME AT NO COST. THROUGH THE RELATIONSHIP GAINED BETWEEN OUR ORGANIZATION AND THE FAMILY FROM THE PORTRAIT PROCESS, WE ARE ABLE TO RECOGNIZE ADDITIONAL NEEDS THEY MAY HAVE AND DIRECT THEM TO OTHER ORGANIZATIONS WHO CAN HELP. IN 2019, OUR ORGANIZATION HAD THE HONOR TO PRODUCE 7 ORIGINAL PORTRAITS OF FALLEN MILITARY HEREOS AS GIFTS TO THEIR FAMILIES. EACH PORTRAIT WAS PERSONALLY PRESENTED TO THE IMMEDIATE AND EXTENDED FAMILY MEMBERS, FRIENDS AND MILITARY BATTLE BUDDIES OF THESE HEROES DURING 5 SPECIAL EVENT HOSTED BY OUR SPONSORS. IN ADDITION TO THE FAMILIES, THESE EVENTS WERE ATTENDED BY APPROXIMATELY 8,000 GUESTS, AND VIEWED BY MANY, MANY MORE THROUGH BOTH INTERNAL AND LOCAL BROADCASTS, AS WELL AS THROUGH THE RESPECTIVE SPONSOR'S FACEBOOK LIVE AND YOUTUBE CHANNEL ACCOUNTS. IN ADDITION, WE ALSO PROVIDED 235 PORTRAIT REPRODUCTIONS AND PHOTO PRINTS IN MULTIPLE SIZE TO FAMILY MEMBERS AND FRIENDS. AS ANOTHER EXTENSION OF OUR MISSION TO HONOR AMERICA'S FALLEN MILITARY AND THEIR FAMILIES, THE AMERICAN FALLEN SOLDIERS NATIONAL GALLERY, WHICH IS A PUBLIC GALLERY LOCATED IN ADDISON,TX, WAS OPENED IN AUGUST 2015 AND DISPLAYS REPRODUCTIONS OF THE ORIGINAL PORTRAITS WE'VE PRODUCED OVER THE YEARS, AS WELL AS TELLING THE STORIES OF THE HEROES WHO HAVE SERVED AND SACRIFICED THEIR LIVES WHILE PROTECTING OUR FREEDOM.

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $278,714
Program Service Revenue $0
Investment Income $8
Other Revenue $990
TOTAL REVENUE $279,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,898
Fundraising Expenses $913
Program Expenses $335,037
Other Expenses $183,830
TOTAL EXPENSES $370,728

Year-over-Year Comparison

2019 2018 Change
Revenue $279,712 $399,045 -0.3%
Expenses $370,728 $436,992 -0.2%
Net Income $-91,016 $-37,947 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
1
Employees
3
Volunteers
12

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
2
$138,794
Total Directors
3
$138,794
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP TAYLOR PRESIDENT/CH 40.00
Officer Director
$70,769 $10,283 $81,052
LISA TAYLOR COO/SEC./DIR 40.00
Officer Director
$47,000 $10,742 $57,742
REED NETTLES DIRECTOR 1.00
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
2019 $279,712 $370,728 $82,523 $-91,016
2018 $399,045 $436,992 $175,387 $-37,947
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