FOLDS OF HONOR - MOTOR CITY INC

EIN: 834371614 501(c)(3) Education

CANTON, MI

Total Revenue
$553,148
Total Expenses
$650,536
Total Assets
$76,062
Net Assets
$9,232
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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
2007
Legal Domicile
MI
Principal Officer
RUSS BRUNER
Tax Period
2025-01-01 to 2025-12-31

FOLDS OF HONOR - MOTOR CITY INC, founded in 2007, is a small nonprofit in the Education sector that reported $553K in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $651K exceeded revenue, resulting in a 18% operating deficit.

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: $535,201

Folds of Honor, Motor City Chapter, provides the national organization with grant funds that provide recipients with higher education scholarships and childrens funds scholarships for spouse and...

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Folds of Honor, Motor City Chapter, provides the national organization with grant funds that provide recipients with higher education scholarships and childrens funds scholarships for spouse and dependents of service members killed in action, 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 costs of tuition, schoolbooks, 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $550,550
Program Service Revenue $0
Investment Income $6,211
Other Revenue $-3,613
TOTAL REVENUE $553,148

Expense Breakdown

Grants Paid $497,827
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $535,201
Other Expenses $152,709
TOTAL EXPENSES $650,536

Year-over-Year Comparison

2025 2024 Change
Revenue $553,148 $392,943 +0.4%
Expenses $650,536 $480,013 +0.4%
Net Income $-97,388 $-87,070 +0.1%
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

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Governance

Voting Members
9
Independent Members
9
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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL BRUNER III BOARD MEMBER 005.00
Director
$0 $0 $0
BRIAN VELLA BOARD MEMBER 005.00
Director
$0 $0 $0
MATTHEW NEWCOMB BOARD MEMBER 005.00
Director
$0 $0 $0
MATT HEMMELGARN TREASURER 005.00
Officer Director
$0 $0 $0
CHELSEA DAVISON BOARD MEMBER 005.00
Director
$0 $0 $0
HUGO GAROFALO BOARD MEMBER 005.00
Director
$0 $0 $0
CHRIS BEARDSLEE BOARD MEMBER 005.00
Director
$0 $0 $0
JOHN PELLETIER BOARD MEMBER 005.00
Director
$0 $0 $0
RUSSELL BRUNER PRESIDENT 005.00
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 $553,148 $650,536 $76,062 $-97,388
2024 No data No data No data No data
2023 $909,777 $794,282 $193,108 $115,495
2022 $300,478 $299,771 $24,725 $707
2021 $223,853 $217,676 $24,018 $6,177
2021 $223,853 $217,676 $24,018 $6,177
2020 $118,916 $109,781 $17,841 $9,135
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