Folds of Honor South Dakota Chapter

EIN: 301250357 501(c)(3) Education

Sioux Falls, SD

Total Revenue
$203,470
Total Expenses
$101,052
Total Assets
$109,821
Net Assets
$109,821
🔒

Tuckman-Chang Vulnerability Assessment

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
2020
Legal Domicile
SD
Principal Officer
Glen Herrick
Phone
6053625116
Tax Period
2023-01-01 to 2023-12-31

Folds of Honor South Dakota Chapter, founded in 2020, is a small nonprofit in the Education sector that reported $188K in total revenue in fiscal year 2022.

Mission

To raise funds for the Folds of Honor Foundations which provides financial assistance for education to spouses and children of Americas fallen and disabled service members.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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 $113,637
Program Service Revenue $0
Investment Income $0
Other Revenue $89,833
TOTAL REVENUE $203,470

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,052
Other Expenses $1,052
TOTAL EXPENSES $101,052

Year-over-Year Comparison

2023 2022 Change
Revenue $203,470 $187,636 +0.1%
Expenses $101,052 $190,533 -0.5%
Net Income $102,418 $-2,897 -36.4%
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
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Coleman President 2.00
Officer Director
$0 $0 $0
Mike Emery Vice President 2.00
Officer Director
$0 $0 $0
Glen Herrick Treasurer 2.00
Officer 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 No data No data No data No data
2023 $203,470 $101,052 $109,821 $102,418
2022 $187,636 $190,533 $7,403 $-2,897
Explore More Nonprofits
→Top 100 Nonprofits in South Dakota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Folds of Honor South Dakota Chapter with other nonprofits in South Dakota 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.