FRIENDS OF THE FOLDS OF HONOR FOUNDATION

EIN: 455382465 501(c)(3) Education

INVERNESS, IL

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$6,141,889
Net Assets
$2,936,446
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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
2012
Legal Domicile
IL
Principal Officer
STEPHEN HAWORTH
Phone
3123102432
Tax Period
2024-01-01 to 2024-12-31

Mission

RAISING FUNDS FOR THE FOLDS OF HONOR FOUNDATION.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $4,177,360 -1.0%
Expenses N/A $3,149,024 -1.0%
Net Income N/A $1,028,336 N/A
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY DOUGLASS PRESIDENT N/A
Officer Director
$0 $0 $0
LEE E HARKLEROAD SECRETARY N/A
Officer Director
$0 $0 $0
STEPHEN HAWORTH TREASURER N/A
Officer Director
$0 $0 $0
NEIL SHELTON VICE PRESIDE N/A
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 $6,141,889 No data
2023 $4,177,360 $3,149,024 $6,141,889 $1,028,336
2022 $2,995,474 $3,218,843 $5,035,728 $-223,369
2021 $3,777,822 $3,141,146 $2,250,296 $636,676
2020 $1,925,402 $1,653,973 $1,556,744 $271,429
2019 $2,483,176 $1,577,790 $1,293,457 $905,386
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