Air Warrior Courage Foundation

EIN: 770490412 501(c)(3) Philanthropy & Grantmaking

Ruby, VA

Total Revenue
$887,561
Total Expenses
$674,392
Total Assets
$6,208,799
Net Assets
$6,174,056
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
1998
Legal Domicile
VA
Principal Officer
Salvatore Angelella
Phone
9035663771
Tax Period
2024-07-01 to 2025-06-30

Air Warrior Courage Foundation, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $888K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $213K, a strong 24% operating margin.

Mission

WE PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO WOUNDED WARRIORS AT MILITARY MEDICAL CENTERS. WE PROVIDE THERAPEUTIC RIDING FOR DEVELOPMENTALLY DELAYED MILITARY DEPENDANTS. WE PROVIDE EMERGENCY FUNDS TO VETS, START IRC 529

Program Service Accomplishments

Program 1
Expenses: $423,374 Revenue: $0

PROVIDED FUNDS AND SERVICES FOR WOUNDED WARRIORS AND THEIR FAMILIES SINCE INCEPTION AT : SAN ANTONIO MILITARY MEDICAL CENTER (SAMMC) - 10748 WOUNDED WARRIORS AND FAMILY MEMBERS HELPED. WALTER...

Read more

PROVIDED FUNDS AND SERVICES FOR WOUNDED WARRIORS AND THEIR FAMILIES SINCE INCEPTION AT : SAN ANTONIO MILITARY MEDICAL CENTER (SAMMC) - 10748 WOUNDED WARRIORS AND FAMILY MEMBERS HELPED. WALTER REED-BETHESDA - 2153 WOUNDED WARRIORS AND FAMILY MEMBERS HELPED. NATIONWIDE - 5129 WOUNDED WARRIORS AND FAMILY MEMBERS HELPED. TOTAL WOUNDED WARRIORS AND FAMILY MEMBERS HELPED - 41653

Program 2
Expenses: $120,547 Revenue: $0

PROVIDED THERAPEUTIC RIDING FOR DISADVANTAGED MILITARY DEPENDANTS TO IMPROVE THEIR QUALITY OF LIFE. ASSISTED 222 RIDERS AT 17 SCHOOLS IN 16 STATES DURING THE YEAR.

Program 3
Expenses: $108,820 Revenue: $0

PROVIDED FUNDS FOR STARTER IRC SECTION 529 COLLEGE SAVINGS PLANS FOR DEPENDANTS OF MILITARY AVIATORS KILLED PERFORMING AIRCREW DUTIES. ASSISTED 83 CHILDREN DURING THE YEAR,INCLUDING 6 NEW THIS YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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 (2024)

Revenue Breakdown

Contributions & Grants $519,193
Program Service Revenue $0
Investment Income $264,847
Other Revenue $103,521
TOTAL REVENUE $887,561

Expense Breakdown

Grants Paid $420,837
Salaries & Benefits $165,918
Fundraising Expenses $9,567
Program Expenses $652,741
Other Expenses $87,637
TOTAL EXPENSES $674,392

Year-over-Year Comparison

2024 2023 Change
Revenue $887,561 $771,059 +0.2%
Expenses $674,392 $766,219 -0.1%
Net Income $213,169 $4,840 +43.0%
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
17
Independent Members
17
Employees
2
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
$157,000
Total Directors
16
$157,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM ANGELELLA CHAIRMAN 4.00
Officer Director
$0 $0 $0
GEORGE HARRISON PRESIDENT 10.00
Officer Director
$0 $0 $0
RICK ZEHER VICE-PRESIDENT 6.00
Officer Director
$0 $0 $0
DAVID BROG EXECUTIVE DIRECTOR 40.00
Officer Director
$77,000 $0 $80,000
ERWIN SCHULTZE DIRECTOR 40.00
Director
$0 $0 $0
JERRY KNOTTS TREASURER 40.00
Officer Director
$77,000 $0 $77,000
WILLIAM REDMOND DIRECTOR 4.00
Director
$0 $0 $0
CHUCK DEBELLEVUE DIRECTOR 4.00
Director
$0 $0 $0
MIKE DUGAN DIRECTOR 4.00
Director
$0 $0 $0
RICH LEONARD DIRECTOR 4.00
Director
$0 $0 $0
DAVID KRUMM DIRECTOR 4.00
Director
$0 $0 $0
MIKE MONIHAN DIRECTOR 4.00
Director
$0 $0 $0
MIKE SLONIKER DIRECTOR 4.00
Director
$0 $0 $0
CRAIG WILLS DIRECTOR 4.00
Director
$0 $0 $0
BRUCE WRIGHT DIRECTOR 4.00
Director
$0 $0 $0
BILL SCHWERTFEGER DIRECTOR 4.00
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
2025 $887,561 $674,392 $6,208,799 $213,169
2024 $771,059 $766,219 $5,687,132 $4,840
2023 $768,495 $842,395 $5,322,288 $-73,900
2022 $821,131 $591,204 $5,184,089 $229,927
2021 $847,985 $599,568 $5,832,347 $248,417
2020 $862,996 $629,689 $4,676,435 $233,307
2019 $839,856 $966,297 $4,644,957 $-126,441
2018 $1,395,664 $1,003,471 $4,777,697 $392,193
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Air Warrior Courage Foundation with other nonprofits in Virginia 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.