FOLDS OF HONOR - MOTOR CITY INC (EIN 834371614) - 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

2007

Legal Domicile

Principal Officer

RUSS BRUNER

Tax Period

2023-01-01 to 2023-12-31

FOLDS OF HONOR - MOTOR CITY INC, founded in 2007, is a small nonprofit in the Education sector that reported $910K in total revenue in fiscal year 2023. Revenue surged 201% from the prior year, signaling strong growth momentum. Expenses of $794K left a modest 13% surplus.

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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $705,755

Program Service Revenue $0

Investment Income $9,231

Other Revenue $194,791

TOTAL REVENUE $909,777

Expense Breakdown

Grants Paid $623,971

Salaries & Benefits $0

Fundraising Expenses $170,311

Program Expenses $623,971

Other Expenses $170,311

TOTAL EXPENSES $794,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$909,777	$302,332	+2.0%
Expenses	$794,282	$301,625	+1.6%
Net Income	$115,495	$707	+162.4%

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

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
RUSSELL BRUNER III	BOARD MEMBER	005.00	Director	$0	$0	$0
JOHN PELLETIER	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
WILLIAM FLOHR	BOARD MEMBER	005.00	Director	$0	$0	$0
RYAN SILVA	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
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
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

FOLDS OF HONOR - MOTOR CITY INC