Patriot Shootout - Indiana Inc Folds of Honor Indiana Chapter

EIN: 462823616 501(c)(3) Education

Carmel, IN

Total Revenue
$836,714
Total Expenses
$736,594
Total Assets
$1,392,061
Net Assets
$1,387,961
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
IN
Phone
2108827641
Tax Period
2025-01-01 to 2025-12-31

Patriot Shootout - Indiana Inc Folds of Honor Indiana Chapter is a small nonprofit in the Education sector that reported $837K in total revenue in fiscal year 2025. Expenses of $737K left a modest 12% surplus.

Mission

Folds of Honor is a 501(c)(3) nonprofit organization that provides educational scholarships to the spouses and children of military members who have fallen or been disabled while serving in the United States Armed Forces. Our educational scholarships support private school tuition or tutoring in grades K-12, tuition for college, technical or trade school and post-graduate work, including a masters degree, doctorate, or professional program. Funds for a second bachelors degree or trade/technical program certification are also available. Since its inception in 2007, Folds of Honor has awarded nearly 62,000 scholarships totaling over $290 million in all 50 states. Among the students served, 45 percent are minorities. It is rated a four-star charity by Charity Navigator and Platinum on GuideStar. It was founded by Lt Col Dan Rooney, the only-ever F-16 fighter pilot (with three combat tours in Iraq) and PGA Professional. For more information or to donate in support of a Folds of Honor schol

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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 (2025)

Revenue Breakdown

Contributions & Grants $766,798
Program Service Revenue $0
Investment Income $0
Other Revenue $69,916
TOTAL REVENUE $836,714

Expense Breakdown

Grants Paid $550,000
Salaries & Benefits $0
Fundraising Expenses $58,911
Program Expenses $550,000
Other Expenses $186,594
TOTAL EXPENSES $736,594

Year-over-Year Comparison

2025 2024 Change
Revenue $836,714 N/A N/A
Expenses $736,594 N/A N/A
Net Income $100,120 N/A 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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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Daggett President 4.00
Officer
$0 $0 $0
Steve Bishop Vice President 4.00
Officer
$0 $0 $0
Scott Kasmer Executive Dir. 4.00
Officer
$0 $0 $0
Jacob Brown Secretary 4.00
Officer
$0 $0 $0
Zach Porter Treasurer 4.00
Officer
$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
2025 $836,714 $736,594 $1,392,061 $100,120
2024 $413,788 $348,543 $1,258,042 $65,245
2023 $453,960 $441,446 $1,124,218 $12,514
2022 $1,311,054 $278,621 $1,108,754 $1,032,433
2021 $229,720 $170,438 $74,478 $59,282
2020 $225,384 $221,559 $15,196 $3,825
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