NATIONAL MEMORIAL OF MILITARY ASCENT NFP

EIN: 923943143 501(c)(3) Public & Societal Benefit

GRAFTON, IL

Total Revenue
$436,890
Total Expenses
$376,802
Total Assets
$100,711
Net Assets
$100,711
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
IL
Principal Officer
BRITTNEY WEBER
Phone
6185358475
Tax Period
2024-01-01 to 2024-12-31

NATIONAL MEMORIAL OF MILITARY ASCENT NFP, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $437K in total revenue in fiscal year 2024. Revenue surged 420% from the prior year, signaling strong growth momentum. Expenses of $377K left a modest 14% surplus.

Mission

THE NATIONAL MEMORIAL OF MILITARY ASCENT IS CURRENTLY CAPITAL CAMPAIGNING IN ORDER TO BUILD A VETERANS MUSEUM AND A NATIONAL MONUMENT MADE OF 12 LIFE-SIZED BRONZE SCULPTURES. THE BOARD OF DIRECTORS ALONG WITH VOLUNTEERS HOST PERIODIC FUNDRAISERS IN ORDER TO REACH OUR 6 MILLION DOLLAR GOAL. ONCE THE GOAL IS MET AND THE PROJECT IS UNDERWAY, THE ORGANIZATION PLANS TO PROVIDE JOBS TO LOCAL VETERANS. IN THE FUTURE THE NATIONAL MEMORIAL OF MILITARY PLANS TO GIVE DIRECT SUPPORT TO LOCAL VETERANS. WE HOPE TO PARTNER WITH OTHER AREA VETERAN OUTREACH ORGANIZATIONS TO HELP VETERANS IN OUR AREA WITH HOMELESSNESS, HEALTH ISSUES, AND PROVIDING JOB SECURITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $443,732
Program Service Revenue $0
Investment Income $1,700
Other Revenue $-8,542
TOTAL REVENUE $436,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,050
Fundraising Expenses $0
Program Expenses $309,835
Other Expenses $359,752
TOTAL EXPENSES $376,802

Year-over-Year Comparison

2024 2023 Change
Revenue $436,890 $83,942 +4.2%
Expenses $376,802 $53,613 +6.0%
Net Income $60,088 $30,329 +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

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Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
20

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
3
$10,800
Total Directors
8
$17,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRITTNEY WEBER SECRETARY 25.00
Officer Director
$10,800 $0 $10,800
JAQUELINE DUTY BOARD MEMBER 10.00
Director
$6,250 $0 $6,250
DAN BECHTOLD BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER CAPLER BOARD MEMBER 4.00
Director
$0 $0 $0
DON CHAMBERLIN TREASURER 2.00
Officer Director
$0 $0 $0
BEN GOETTEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MORROW PRESIDENT 20.00
Officer Director
$0 $0 $0
TOM WOELFEL BOARD MEMBER 1.00
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 $436,890 $376,802 $100,711 $60,088
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