FOLDS OF HONOR HOUSTON

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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

2018

Legal Domicile

Principal Officer

JANEL R ZIEGLER

Phone

9792553926

Tax Period

2024-01-01 to 2024-12-31

FOLDS OF HONOR HOUSTON, founded in 2018, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO RAISE FUNDS FOR THE FOLDS OF HONOR FOUNDATION WHICH PROVIDES FINANCIAL ASSISTANCE FOR EDUCATION TO SPOUSES AND CHILDREN OF AMERICAS FALLEN AND DISABLED SERVICE MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $2,050,145 Revenue: $0

FOLDS OF HONOR, HOUSTON CHAPTER, PROVIDES THE NATIONAL ORGANIZATION WITH GRANT FUNDS THAT PROVIDE RECIPIENTS WITH HIGHER EDUCATION SCHOLARSHIPS AND CHILDRENS FUND SCHOLARSHIPS FOR SPOUSES AND...

FOLDS OF HONOR, HOUSTON CHAPTER, PROVIDES THE NATIONAL ORGANIZATION WITH GRANT FUNDS THAT PROVIDE RECIPIENTS WITH HIGHER EDUCATION SCHOLARSHIPS AND CHILDRENS FUND SCHOLARSHIPS FOR SPOUSES AND DEPENDENTS OF SERVICE MEMBERS WHO WERE KILLED IN ACTION, KILLED IN THE LINE OF DUTY OR SUFFERED THE LOSS OF A LIMB, DIED OF ANY CAUSE WHILE ON ACTIVE DUTY OR AFTER BEING CLASSIFIED AS HAVING A SERVICE-CONNECTED DISABILITY. SCHOLARSHIPS ARE USED TO SUBSIDIZE THE COST OF TUITION, SCHOOL BOOKS, FEES ON CAMPUS ROOM AND BOARD, APPROVED EDUCATIONAL TUTORING, AND OTHER APPROVED EDUCATIONAL EXPENSES.

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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 $2,151,916

Program Service Revenue $0

Investment Income $909

Other Revenue $0

TOTAL REVENUE $2,152,825

Expense Breakdown

Grants Paid $1,836,169

Salaries & Benefits $213,976

Fundraising Expenses $41,879

Program Expenses $2,050,145

Other Expenses $100,229

TOTAL EXPENSES $2,150,374

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,152,825	$1,602,299	+0.3%
Expenses	$2,150,374	$1,296,732	+0.7%
Net Income	$2,451	$305,567	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COL JOHN NEMECEK	PRESIDENT & CHAIRMAN	5.00	Officer	$0	$0	$0
ALEX MCINTOSH	VICE PRESIDENT	1.00	Officer	$0	$0	$0
ERICA BINKLEY	SECRETARY	1.00	Officer	$0	$0	$0
DENNIS BUTTERWORTH	FINANCE & PROTOCOL	1.00	Officer	$0	$0	$0
TODD BINKLEY	DIRECTOR	1.00		$0	$0	$0
COLE MERCER	DIRECTOR	1.00		$0	$0	$0
MIKE ENGLAND	DIRECTOR	1.00		$0	$0	$0
RICH EICHLER	DIRECTOR	1.00		$0	$0	$0
MICHAEL FATTER	DIRECTOR	1.00		$0	$0	$0
JEFF APPLEBAUM	DIRECTOR	1.00		$0	$0	$0
TODD RIMMER	DIRECTOR	1.00		$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	$2,152,825	$2,150,374	$416,556	$2,451
2024	No data	No data	No data	No data
2023	$1,602,299	$1,296,732	$411,490	$305,567
2022	$1,375,154	$1,386,763	$105,926	$-11,609