BROTHERS IN ARMS FOUNDATION INC

EIN: 270962626 501(c)(3) Public & Societal Benefit

BOYNTON BEACH, FL

Total Revenue
$123,981
Total Expenses
$152,343
Total Assets
$222,133
Net Assets
$171,852
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
PHILLIP NOBLIN
Phone
8555610321
Tax Period
2024-01-01 to 2024-12-31

BROTHERS IN ARMS FOUNDATION INC, founded in 2009, is a small nonprofit in the Public & Societal Benefit sector that reported $124K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $152K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE MISSION IS TO PROVIDE FINANCIAL AND LOGISTICAL SUPPORT TO WOUNDED, ILL, INJURED AND FALLEN MARINES, SAILORS, AND FAMILY MEMBERS OF THOSE SERVING WITHIN THE SPECIAL OPERATIONS COMMUNITY OF THE UNITED STATES MARINE CORPS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,618
Program Service Revenue $0
Investment Income $3,577
Other Revenue $-57,214
TOTAL REVENUE $123,981

Expense Breakdown

Grants Paid $64,089
Salaries & Benefits $0
Fundraising Expenses $28,778
Program Expenses $95,930
Other Expenses $88,254
TOTAL EXPENSES $152,343

Year-over-Year Comparison

2024 2023 Change
Revenue $123,981 $296,876 -0.6%
Expenses $152,343 $233,833 -0.3%
Net Income $-28,362 $63,043 -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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP NOBLIN PRESIDENT 10.00
Officer Director
$0 $0 $0
STEVE REICHERT VICE-PRESIDE 5.00
Officer Director
$0 $0 $0
SHERIE NOBLIN DIRECTOR 4.00
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
2024 $123,981 $152,343 $222,133 $-28,362
2023 $296,876 $233,833 $204,315 $63,043
2022 $308,871 $153,688 $170,081 $155,183
2021 $355,663 $345,103 $79,154 $10,560
2020 $241,360 $347,466 $46,793 $-106,106
2019 $268,084 $202,080 $78,708 $66,004
2018 $242,940 $386,413 $84,647 $-143,473
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