THE FOLDED FLAG FOUNDATION (EIN 465371845) - 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

2014

Legal Domicile

Principal Officer

KIM FRANK

Phone

8442042856

Tax Period

2024-01-01 to 2024-12-31

THE FOLDED FLAG FOUNDATION, founded in 2014, is a community nonprofit in the Public & Societal Benefit sector that reported $4.7M in total revenue in fiscal year 2024. Expenses of $5.5M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO ASSIST THE FAMILIES OF UNITED STATES MILITARY PERSONNEL WHO HAVE LOST THEIR LIVES.

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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 $3,563,525

Program Service Revenue $0

Investment Income $458,702

Other Revenue $655,241

TOTAL REVENUE $4,677,468

Expense Breakdown

Grants Paid $4,545,917

Salaries & Benefits $321,588

Fundraising Expenses $558,395

Program Expenses $4,760,104

Other Expenses $591,416

TOTAL EXPENSES $5,458,921

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,677,468	$4,859,750	0.0%
Expenses	$5,458,921	$4,968,340	+0.1%
Net Income	$-781,453	$-108,590	+6.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM P FOLEY II	CHAIRMAN	2.00	Officer Director	$0	$0	$0
FRED SCHREMP	VICE CHAIRMAN	8.00	Officer Director	$0	$0	$0
PETER SADOWSKI	SECRETARY	2.00	Officer Director	$0	$0	$0
BRYAN COY	TREASURER	2.00	Officer Director	$0	$0	$0
PETER BRUAL	TRUSTEE	2.00	Director	$0	$0	$0
MICHELLE KERSCH	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL OATES	TRUSTEE	2.00	Director	$0	$0	$0
RANDALL M PAIS	TRUSTEE	2.00	Director	$0	$0	$0
THOMAS A SCHWARTZ	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL W SHELTON	TRUSTEE	2.00	Director	$0	$0	$0
MEGAN ORTIZ	TRUSTEE	2.00	Director	$0	$0	$0
CHRIS AZUR	TRUSTEE	2.00	Director	$0	$0	$0
FRANK R MARTIRE	TRUSTEE	2.00	Director	$0	$0	$0
PHIL DISMUKES	TRUSTEE	2.00	Director	$0	$0	$0
ANTHONY JABBOUR	TRUSTEE	2.00	Director	$0	$0	$0
PAUL KERN	TRUSTEE	2.00	Director	$0	$0	$0
KIRK LARSEN	TRUSTEE	2.00	Director	$0	$0	$0
JAMES WOODALL	TRUSTEE	2.00	Director	$0	$0	$0
CRAIG BARBER	TRUSTEE	2.00	Director	$0	$0	$0
ERIKA MEINHARDT	TRUSTEE	2.00	Director	$0	$0	$0
KIM FRANK	PRESIDENT	30.00	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
2024	$4,677,468	$5,458,921	$11,039,659	$-781,453
2023	$4,859,750	$4,968,340	$11,820,648	$-108,590
2022	$4,875,790	$3,887,590	$11,952,659	$988,200
2021	$5,308,956	$3,745,095	$11,013,213	$1,563,861
2020	$4,398,965	$2,315,908	$9,448,698	$2,083,057
2018	$3,942,043	$2,988,007	$6,866,063	$954,036

THE FOLDED FLAG FOUNDATION