FOLDS OF HONOR FOUNDATION (EIN 834537624) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Caryn Johnson

Phone

7047437215

Tax Period

2024-01-01 to 2024-12-31

FOLDS OF HONOR FOUNDATION, founded in 2019, is a small nonprofit in the Education sector that reported $294K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

Folds of Honor provides scholarships to the families of fallen or disabled military and first responders

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,153

Program Service Revenue $0

Investment Income $75

Other Revenue $231,437

TOTAL REVENUE $293,665

Expense Breakdown

Grants Paid $276,453

Salaries & Benefits $0

Fundraising Expenses $5,421

Program Expenses $276,453

Other Expenses $11,905

TOTAL EXPENSES $288,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,665	$314,466	-0.1%
Expenses	$288,358	$328,159	-0.1%
Net Income	$5,307	$-13,693	-1.4%

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

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
Jeff Dudas	Director	2	Director	$0	$0	$0
Andy George	Director	2	Director	$0	$0	$0
R David Nein	President	15	Officer Director	$0	$0	$0
Justin Avery	Director	1	Director	$0	$0	$0
Tom Shea	Director	3	Director	$0	$0	$0
Clem McDavid	Director, President - Under 40 Team	4	Director	$0	$0	$0
Jack G Bolton	Director	2	Director	$0	$0	$0
Benjamin Mears	Director	3	Director	$0	$0	$0
Chris Ann Phillips	Director	3	Director	$0	$0	$0
Caryn johnson	Treasurer	4	Officer Director	$0	$0	$0
Olivia Stiff	Director	2	Director	$0	$0	$0
Ryan Myrick	Director	2	Director	$0	$0	$0
John D Ryan	Director	1	Director	$0	$0	$0
Tim Mann	Director	2	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
2024	$293,665	$288,358	$17,579	$5,307
2023	$314,466	$328,159	$13,083	$-13,693
2023	$314,466	$328,159	$13,083	$-13,693
2022	$301,615	$292,358	$26,776	$9,257
2021	$230,605	$224,614	$17,519	$5,991

FOLDS OF HONOR FOUNDATION