FOLDS OF HONOR - TENNESSEE CHAPTER Charity Report

Public IRS 990 nonprofit record

FOLDS OF HONOR - TENNESSEE CHAPTER

EIN 85-1626723 · Fund Raising & Fund Distribution - Education (B12)

What they do

to Raise Funds for The Folds of Honor Foundations Which Provides Financial Assistance for Education to Spouses and Children of Americas Fallen and Disabled Service Members and First Responders.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

101.77%of revenue went to mission work95.3% of expenses · Program services

$106.85spent for every $100 of revenueSpending was higher than revenue this year.

5.07%of revenue went to management and office costs4.7% of expenses

$1.00in assets for every $1 spent this yearSome assets cannot be spent right away.

79.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $108,629 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,586,844

Mission workProgram services$1,614,990101.77% of revenue95.3% of expenses

ManagementOffice and general costs$80,4835.07% of revenue4.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,695,473106.85% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.3% mission · 4.7% management · 0.0% fundraisingTotal expenses: 106.85% of revenue

2023Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 93.13% of revenue

2022Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 107.49% of revenue

2021Expense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 87.29% of revenue

2020Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 61.17% of revenue

Money in and money out

Revenue$1,586,844

Expenses$1,695,473

Annual shortfall $108,629 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,614,990 · 95.3% of expenses

Management and office costs$80,483 · 4.7% of expenses

See all reported dollar amounts

Revenue$1,586,844

Expenses$1,695,473

Assets$1,690,448

Income$2,196,560

Contributions$1,256,905

Mission work (program services)$1,614,990

Grants given$5,428,241

Average grant$1,085,648

Management and general$80,483

Stocks and bonds$4,989

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (12)

CASEY CONWAYDIRECTOR

COLIN YANKEEDIRECTOR

ENZO DEVINCENZODIRECTOR

ERIC YONKUSSECRETARY

IAN MUSSELMANDIRECTOR

LISA NORRISVICE PRESIDENT

MATT FEDYKDIRECTOR

MATT FRAUENSHUHPRESIDENT

PATRICK SULLIVANDIRECTOR

ROBBIE GOLDSMITHPRESIDENT

SCOTT BAILEYDIRECTOR

TRIPP OSTEENTREASURER

About this charity

Recognized since: January 2015
Location: 2020 FIELDSTONE PKWY STE 900 PMB 93, FRANKLIN, TN 37069-4369
County: Williamson
In care of: LISA NORRIS
Primary officer: LISA NORRIS, Treasurer

How to reach them

Phone(615) 804-7405

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: STONE RUDOLPH & HENRY PLC
NTEE classification: Fund Raising & Fund Distribution - Education (B12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes