FOLDS OF HONOR - NORTH TEXAS INC (EIN 455252434) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

MIKE BELTZ

Phone

2149093100

Tax Period

2024-01-01 to 2024-12-31

FOLDS OF HONOR - NORTH TEXAS INC, founded in 2013, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

TO RAISE FUNDS FOR THE FOLDS OF HONOR FOUNDATION WHICH PROVIDES FINANCIAL ASSISTANCE FOR EDUCATION TO SPOUSES AND CHILDREN OF AMERICA'S FALLEN OR DISABLED SERVICE MEMBERS AND FIRST RESPONDERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,600,671

Program Service Revenue $0

Investment Income $0

Other Revenue $-789,481

TOTAL REVENUE $3,811,190

Expense Breakdown

Grants Paid $3,130,284

Salaries & Benefits $0

Fundraising Expenses $56,339

Program Expenses $3,656,496

Other Expenses $820,896

TOTAL EXPENSES $3,951,180

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,811,190	$4,619,746	-0.2%
Expenses	$3,951,180	$4,618,272	-0.1%
Net Income	$-139,990	$1,474	-96.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$194,939

Total Directors

$89,245

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BELTZ	CHAIRMAN	15.00	Officer Director	$0	$0	$0
TRAVIS JONES	SECRETARY	2.00	Officer Director	$0	$0	$0
REED SCHNITTKER	DIRECTOR	2.00	Director	$0	$0	$0
JIM TRESTER	DIRECTOR	2.00	Director	$0	$0	$0
SARAH DUNCAN	DIRECTOR	15.00	Director	$0	$0	$89,245
MEREDITH RATH	DIRECTOR	2.00	Director	$0	$0	$0
RALPH STOW	DIRECTOR	2.00	Director	$0	$0	$0
CALVIN FRANK	DIRECTOR	2.00	Director	$0	$0	$0
DERALD KYLE	TREASURER	5.00	Officer Director	$0	$0	$0
JOE SCHLOESSER	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT KILDEBECK	DIRECTOR	2.00	Director	$0	$0	$0
ALEX STEPHENSON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HIRSH	DIRECTOR	2.00	Director	$0	$0	$0
KEL PRESLEY	DIRECTOR	2.00	Director	$0	$0	$0
JUDSON STRUDIVANT	DIRECTOR	2.00	Director	$0	$0	$0
WYATT SMITH	DIRECTOR	2.00	Director	$0	$0	$0
AARON SIZEMORE	DIRECTOR	2.00	Director	$0	$0	$0
SARAH ELLIOTT	REGIONAL DEVELOPMENT OFFICER	15.00	Officer	$0	$0	$85,000
MEREDITH CONNALLY	REGIONAL DEVELOPMENT OFFICER	15.00	Officer	$0	$0	$109,939

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	$3,811,190	$3,951,180	$919,543	$-139,990
2023	$4,619,746	$4,618,272	$272,628	$1,474
2022	$3,696,947	$3,491,096	$271,154	$205,851
2021	$2,736,331	$2,705,661	$65,303	$30,670
2020	$723,105	$739,822	$34,633	$-16,717
2019	$918,416	$953,388	$51,350	$-34,972
2018	$456,503	$418,242	$86,322	$38,261

FOLDS OF HONOR - NORTH TEXAS INC