Folds Of Honor
EIN: 301250357 · Sioux Falls, SD · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $281K |
| Total Expenses | $101K |
| Net Assets | $110K |
Is Folds Of Honor Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Folds Of Honor
Folds Of Honor (EIN: 301250357) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code B12. The organization reported total revenue of $281K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Folds Of Honor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Folds Of Honor is a small nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 50.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $101K |
| Surplus / Deficit | +$102K |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | 50.3% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Folds Of Honor reported a surplus of $102K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Folds Of Honor's revenue has grown at a compound annual growth rate (CAGR) of 50.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.4% | -47.0% | +1383.5% |
| 2022 | +108.2% | +111.4% | -28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Folds Of Honor has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Folds Of Honor with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
Frequently Asked Questions about Folds Of Honor
Is Folds Of Honor a legitimate charity?
Based on AI analysis of IRS 990 filings, Folds Of Honor (EIN: 301250357) insufficient data. 0 red flags identified, 0 strengths noted.
How does Folds Of Honor spend its money?
Detailed spending breakdown data is not yet available for Folds Of Honor. Check back for updated IRS 990 analysis.
Are donations to Folds Of Honor tax-deductible?
Folds Of Honor is registered as a tax-exempt nonprofit (EIN: 301250357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Folds Of Honor located?
Folds Of Honor is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 301250357. It is classified under NTEE code B12.
How many years of IRS 990 filings does Folds Of Honor have?
Folds Of Honor has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $281K in total revenue.
Filing History
IRS 990 filing history for Folds Of Honor showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Folds Of Honor's revenue has grown by 125.7%, moving from $90K to $203K. Total assets increased by 966.2% over the same period, from $10K to $110K. Total functional expenses rose by 12.1%, from $90K to $101K. In its most recent filing year (2023), Folds Of Honor reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $101K | $110K | $0 | — | View 990 |
| 2022 | $188K | $191K | $7K | $0 | — | — |
| 2021 | $90K | $90K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $101K, and assets of $110K (revenue +8.4% year-over-year).
- 2022: Revenue of $188K, expenses of $191K, and assets of $7K (revenue +108.2% year-over-year).
- 2021: Revenue of $90K, expenses of $90K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Folds Of Honor:
Data Sources and Methodology
This transparency report for Folds Of Honor is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.