FOLDS OF HONOR EASTERN NORTH CAROLINA INC (EIN 833013031) - 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

2018

Legal Domicile

Principal Officer

John S REDDERSEN

Phone

9196088898

Tax Period

2025-01-01 to 2025-12-31

FOLDS OF HONOR EASTERN NORTH CAROLINA INC, founded in 2018, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $232K left a modest 9% surplus.

Mission

TO PROVIDE FINANCIAL ASSISTANCE FOR THE EDUCATION OF SPOUSES AND DEPENDENT CHILDREN OF SERVICE MEN/WOMEN WHO ARE EITHER KILLED OR PERMANENTLY DISABLED WHILE SERVING OUR NATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $254,483

Program Service Revenue $0

Investment Income $125

Other Revenue $0

TOTAL REVENUE $254,608

Expense Breakdown

Grants Paid $220,921

Salaries & Benefits $0

Fundraising Expenses $2,376

Program Expenses $220,921

Other Expenses $10,589

TOTAL EXPENSES $231,510

Year-over-Year Comparison

	2025	2024	Change
Revenue	$254,608	$229,177	+0.1%
Expenses	$231,510	$230,638	+0.0%
Net Income	$23,098	$-1,461	-16.8%

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
DON FRICKE	PRESIDENT	5.0	Officer Director	$0	$0	$0
John S REDDERSEN	Treasurer	1.0	Officer Director	$0	$0	$0
KEITH BROKKE	DIRECTOR	1.0	Director	$0	$0	$0
RICK LEE	DIRECTOR	5.0	Director	$0	$0	$0
STEPHEN NEAL	DIRECTOR	1.0	Director	$0	$0	$0
BRIAN REDDERSEN	DIRECTOR	1.0	Director	$0	$0	$0
KEITH WOEDY	DIRECTOR	1.0	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	$254,608	$231,510	$37,679	$23,098
2024	No data	No data	No data	No data
2023	$188,885	$188,478	$16,042	$407
2022	$165,824	$168,465	$15,635	$-2,641
2021	$203,162	$193,932	$18,276	$9,230

FOLDS OF HONOR EASTERN NORTH CAROLINA INC