GREEN BERET FOUNDATION

EIN: 271206961 501(c)(3) Human Services

MONTGOMERY, TX

Total Revenue
$3,048,058
Total Expenses
$2,936,930
Total Assets
$4,840,854
Net Assets
$4,583,390
🔒

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
2010
Legal Domicile
CA
Principal Officer
CHARLES IACONO
Phone
8442877133
Tax Period
2023-01-01 to 2023-12-31

GREEN BERET FOUNDATION, founded in 2010, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $2.9M left a modest 4% surplus.

Mission

PROVIDE FINANCIAL ASSISTANCE, SUPPORT, AND LIAISING FOR THE WOUNDED, ILL, INJURED AND THE FAMILY MEMBERS (INCLUDING KILLED IN ACTION) OF THE SPECIAL FORCES REGIMENT (GREEN BERETS) WHEN THE CARE SYSTEM DOES NOT COVER THE NEED DIRECTLY RELATED TO THE HEALTH AND WELFARE OF THAT SERVICE MEMBER OR THEIR FAMILY.

🔒

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 $2,885,717
Program Service Revenue $0
Investment Income $116,027
Other Revenue $46,314
TOTAL REVENUE $3,048,058

Expense Breakdown

Grants Paid $845,611
Salaries & Benefits $1,178,798
Fundraising Expenses $288,344
Program Expenses $2,324,812
Other Expenses $912,521
TOTAL EXPENSES $2,936,930

Year-over-Year Comparison

2023 2022 Change
Revenue $3,048,058 $3,547,450 -0.1%
Expenses $2,936,930 $3,526,122 -0.2%
Net Income $111,128 $21,328 +4.2%
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
9
Independent Members
9
Employees
19
Volunteers
60

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
$274,013
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
FRAN WESSELING DIRECTOR 5.00
Director
$0 $0 $0
KRISTA ANDERSON DIRECTOR (THRU 12/14/23) 2.00
Director
$0 $0 $0
MICHAEL WISE DIRECTOR 2.00
Director
$0 $0 $0
JASON MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
ROBERT MCKEE DIRECTOR (STARTING 12/14/23) 2.00
Director
$0 $0 $0
NATE BEULOW DIRECTOR (THRU 12/14/23) 2.00
Director
$0 $0 $0
WALT COOPER DIRECTOR 2.00
Director
$0 $0 $0
LTGR KEN TOVO CHAIRMAN 5.00
Officer Director
$0 $0 $0
ANDREW BRAY SECRETARY 5.00
Officer Director
$0 $0 $0
CHRIS ROBINETTE TREASURER 5.00
Officer Director
$0 $0 $0
CHARLES P IACONO PRESIDENT & CEO (STARTING 4/7/2023) 40.00
Officer
$149,092 $5,107 $154,199
FRANCES ARIAS INTER ED (THRU 3/23) COO (THRU 9/23) 40.00
Officer
$119,814 $0 $119,814
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 No data No data No data No data
2023 $3,048,058 $2,936,930 $4,840,854 $111,128
2022 $3,547,450 $3,526,122 $4,396,784 $21,328
2021 $3,422,970 $2,068,043 $4,813,026 $1,354,927
2020 $2,218,605 $1,518,644 $3,310,920 $699,961
2019 $2,248,015 $2,416,400 $2,527,556 $-168,385
2018 $2,732,291 $2,204,644 $2,688,827 $527,647
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GREEN BERET FOUNDATION with other nonprofits in Texas 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.