FOLDS OF HONOR FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FOLDS OF HONOR FOUNDATION (EIN 46-5531485)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202513179349308431
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-13T14:48:09-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18215 GREENWAY BOULEVARD SUITE 600AddressLine1Txt
CityMIDDLETONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53562ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465531485EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOLDS OF HONOR FOUNDATIONBusinessNameLine1Txt
Business Name Line2MINNESOTA INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOLDBusinessNameControlTxt
Phone9529135394PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1229 MINNETONKA AVE S PO BOX 723AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPERRY SCHMIDTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9529135394PhoneNum
Signature2025-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAURA SCHWEITZER CPAPreparerPersonNm
PTINP01760010PTIN
Phone6086628600PhoneNum
Preparation2025-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPERRY SCHMIDTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1229 MINNETONKA AVE S PO BOX 723AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,466,004GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Group Exemption6183GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://MINNESOTA.FOLDSOFHONOR.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionRAISE FUNDS FOR FOLDS OF HONOR FOUNDATION TO ASSIST FAMILIES OF FALLEN & DISABLED SERVICE MEMBERS AND DEPENDENTS OF FIRST RESPONDERS (PEACE OFFICERS, EMTS, AND FIRE FIGHTERS)ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,752,722PYContributionsGrantsAmt
CY Contributions Grants$1,934,801CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$56,928PYInvestmentIncomeAmt
CY Investment Income$123,761CYInvestmentIncomeAmt
PY Other Revenue$24,144PYOtherRevenueAmt
CY Other Revenue-$139,452CYOtherRevenueAmt
PY Total Revenue$1,833,794PYTotalRevenueAmt
CY Total Revenue$1,919,110CYTotalRevenueAmt
PY Grants And Similar Paid$1,455,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,571,661CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$107,148PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$397,633CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$83,712CYTotalFundraisingExpenseAmt
PY Other Expenses$256,039PYOtherExpensesAmt
CY Other Expenses$346,900CYOtherExpensesAmt
PY Total Expenses$1,818,187PYTotalExpensesAmt
CY Total Expenses$2,316,194CYTotalExpensesAmt
PY Revenues Less Expenses$15,607PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$397,084CYRevenuesLessExpensesAmt
Total Assets BOY$1,296,550TotalAssetsBOYAmt
Total Assets EOY$891,422TotalAssetsEOYAmt
Total Liabilities BOY$13,069TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,025TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,283,481NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$886,397NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,013,226ExpenseAmt
Grant$1,571,661GrantAmt
Revenue$4,628RevenueAmt
DescTHE FOLDS OF HONOR FOUNDATION IS RALLYING A NATION TO ENSURE NO FAMILY IS LEFT BEHIND IN THE FIGHT TO PRESERVE AMERICAN FREEDOM. THROUGH SCHOLARSHIPS AND OTHER ASSISTANCE, WE GIVE BACK TO THE SPOUSES AND CHILDREN OF SOLDIERS KILLED OR DISABLED IN SERVICE TO OUR COUNTRY. WE PROVIDE HEALING, HOPE AND AN OPPORTUNITY FOR DREAMS TO BE REALIZED WITH THE SUPPORT OF PEOPLE LIKE YOU. WE FEEL THIS IS OUR DUTY AS CITIZENS OF THE GREATEST COUNTRY IN THE WORLD.Desc
Total Program Service Expenses$2,013,226TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming ActivitiesYes (1)GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATT BRUNSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6122961309PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1229 MINNETONKA AVE S PO BOX 723AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PERRY SCHMIDT
PRESIDENT4.00Yes (X)Yes (X)$0$0$0
BOB CRON
TREASURER1.00Yes (X)Yes (X)$0$0$0
KAM KIELHORN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOHN POHLAD
DIRECTOR1.00Yes (X)$0$0$0
CHRIS SCHWARTZBAUER
DIRECTOR1.00Yes (X)$0$0$0
NEAL LOIDOLT
DIRECTOR1.00Yes (X)$0$0$0
SCOTT NYGAARD
DIRECTOR1.00Yes (X)$0$0$0
LYNN PLASCHKO
DIRECTOR1.00Yes (X)$0$0$0
MIKE WALLACE
DIRECTOR1.00Yes (X)$0$0$0
DAVID BARBEROT
DIRECTOR1.00Yes (X)$0$0$0
ROGER MALDONADO
DIRECTOR1.00Yes (X)$0$0$0
MITCH DAY
DIRECTOR1.00Yes (X)$0$0$0
MATT BRUNS
EXECUTIVE DIRECTOR40.00Yes (X)$163,505$0$6,577
FieldValueIRS element (for citing)
Total Reportable Comp From Org$163,505TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$6,577TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$699,196FundraisingAmt
All Other Contributions$1,235,605AllOtherContributionsAmt
Noncash Contributions$203NoncashContributionsAmt
Total Contributions$1,934,801TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,710TotalRevenueColumnAmt
Exclusion$44,710ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$764,792SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$685,741SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$79,051SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$79,051TotalRevenueColumnAmt
Exclusion$79,051ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$698,828FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$699,196ContriRptFundraisingEventAmt
Fundraising Direct Expenses$852,003FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$153,175TotalRevenueColumnAmt
Exclusion-$153,175ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$18,245GamingGrossIncomeAmt
Gaming Direct Expenses$9,150GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,095TotalRevenueColumnAmt
Exclusion$9,095ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$4,628GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,628TotalRevenueColumnAmt
Related Or Exempt Func Income$4,628RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,919,110TotalRevenueColumnAmt
Related Or Exempt Func Income$4,628RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$20,319ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,561,661TotalAmt
Program Services$1,561,661ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$170,082TotalAmt
Program Services$170,082ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$227,551TotalAmt
Program Services$227,551ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,090TotalAmt
Management And General$38,090ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$6,254TotalAmt
Management And General$6,254ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$125,208TotalAmt
Management And General$125,208ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,945TotalAmt
Fundraising$2,945FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$27,833TotalAmt
Management And General$27,833ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,419TotalAmt
Program Services$4,419ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$34,796TotalAmt
Program Services$34,796ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$21,871TotalAmt
Management And General$21,871ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,717TotalAmt
Program Services$4,717ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEVENT EXPENSESDesc
Total$80,767TotalAmt
Fundraising$80,767FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,316,194TotalAmt
Program Services$2,013,226ProgramServicesAmt
Management And General$219,256ManagementAndGeneralAmt
Fundraising$83,712FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$282,322BOYAmt
EOY$381,224EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$138,310BOYAmt
EOY$130,728EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$1,584EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$56,556BOYAmt
EOY$3,085EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$819,362BOYAmt
EOY$374,801EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,296,550BOYAmt
EOY$891,422EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,069BOYAmt
EOY$5,025EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,069BOYAmt
EOY$5,025EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,283,481BOYAmt
EOY$886,397EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,283,481BOYAmt
EOY$886,397EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,296,550BOYAmt
EOY$891,422EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$397,084ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$925,781CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,376,252CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,340,625CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,752,722CurrentTaxYearMinus1YearAmt
Current Tax Year$1,934,801CurrentTaxYearAmt
Total$8,330,181TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$925,781CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,376,252CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,340,625CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,752,722CurrentTaxYearMinus1YearAmt
Current Tax Year$1,934,801CurrentTaxYearAmt
Total$8,330,181TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,173,955SubstantialContributorsTotAmt
Public Support Total170$6,156,226PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$79,914CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$76,409CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,246CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,964CurrentTaxYearMinus1YearAmt
Current Tax Year$44,710CurrentTaxYearAmt
Total$325,243TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year$9,095CurrentTaxYearAmt
Total$9,095TotalAmt
FieldValueIRS element (for citing)
Total Support$8,664,519TotalSupportAmt
Gross Receipts Rltd Activities$2,192,065GrossReceiptsRltdActivitiesAmt
Public Support CY1700.71050PublicSupportCY170Pct
Public Support PY1700.75690PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,774,009TotalRevEtcAuditedFinclStmtAmt
Other Revenue$861,153OtherRevenueAmt
Revenue Not Reported$861,153RevenueNotReportedAmt
Revenue Subtotal$1,912,856RevenueSubtotalAmt
Investment Expenses Not Incld$6,254InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$6,254RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,919,110TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,171,093TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$861,153OtherExpensesIncludedAmt
Expenses Not Reported$861,153ExpensesNotReportedAmt
Expenses Subtotal$2,309,940ExpensesSubtotalAmt
Investment Expenses Not Incld2$6,254InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$6,254ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,316,194TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE CODE) AND COMPARABLE STATE LAW, AND CONTRIBUTIONS TO IT ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE CODE. DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021. INTEREST AND PENALTIES ARE CLASSIFIED AS EXPENSE AS INCURRED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 861,153.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 861,153.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PATRIOT CONCERTEvent1Nm
Gross Receipts Event1$709,726GrossReceiptsEvent1Amt
Charitable Contri Event1$278,357CharitableContriEvent1Amt
Gross Revenue Event1$431,369GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$61,829NonCashPrizesEvent1Amt
Rent Facility Costs Event1$143,439RentFacilityCostsEvent1Amt
Food And Beverage Event1$41,607FoodAndBeverageEvent1Amt
Entertainment Event1$184,494EntertainmentEvent1Amt
Other Direct Expenses Event1$79,233OtherDirectExpensesEvent1Amt
Event2WINGMAN OPEN GOLF EVENTEvent2Nm
Gross Receipts Event2$633,385GrossReceiptsEvent2Amt
Charitable Contri Event2$377,926CharitableContriEvent2Amt
Gross Revenue Event2$255,459GrossRevenueEvent2Amt
Cash Prizes Event2$25,475CashPrizesEvent2Amt
Non Cash Prizes Event2$117,167NonCashPrizesEvent2Amt
Rent Facility Costs Event2$105,145RentFacilityCostsEvent2Amt
Food And Beverage Event2$7,672FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$66,289OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$53,837GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$41,837CharitableContriOtherEventsAmt
Gross Revenue Other Events$12,000GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$19,653OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,396,948GrossReceiptsTotalAmt
Charitable Contributions Tot$698,120CharitableContributionsTotAmt
Gross Revenue Total Events$698,828GrossRevenueTotalEventsAmt
Cash Prizes Total Events$25,475CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$178,996NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$248,584RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$49,279FoodAndBeverageTotalEventsAmt
Entertainment Total Events$184,494EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$165,175OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$852,003DirectExpenseSummaryEventsAmt
Net Income Summary-$153,175NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Other Gaming$18,245GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$5,000CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming$4,000NonCashPrizesOtherGamingAmt
Oth Direct Expnss Other Gaming$150OthDirectExpnssOtherGamingAmt
Volunteer Labor Other GamingYes (1)VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming0.25000VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming$18,245GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$5,000CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming$4,000NonCashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$150OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$9,150DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$9,095NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedMNStatesWhereGamingConductedCd
LicensedYes (1)LicensedInd
License Suspended Etc0LicenseSuspendedEtcInd
Gaming With Nonmembers0GamingWithNonmembersInd
Member Of Other Entity0MemberOfOtherEntityInd
Gaming Own Facility0.00000GamingOwnFacilityPct
Gaming Other Facility1.00000GamingOtherFacilityPct
Individual With BooksRACHEL SNYDERIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1229 MINNETONKA AVE S PO BOX 723AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game Rev0CntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonRACHEL SNYDERGamingManagerPersonNm
Gaming Manager Compensation$0GamingManagerCompensationAmt
Gaming Manager Services ProvMANAGES THE RAFFLE ACTIVITY AND OVERSEES BANK DEPOSITSGamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution Rqr0CharitableDistributionRqrInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1FOLDS OF HONOR NATIONALBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15971 PATRIOT DRAddressLine1Txt
CityOWASSOCityNm
State AbbreviationOKStateAbbreviationCd
ZIP74055ZIPCd
FieldValueIRS element (for citing)
Recipient EIN753240683RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,555,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantEDUCATIONAL SCHOLARSHIPSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient2RecipientCnt
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOLDS OF HONOR MINNESOTA IS A CHAPTER OF THE FOLDS OF HONOR NATIONAL ORGANIZATION. GRANTS AND ASSISTANCE ARE FORWARDED DIRECTLY TO THE NATIONAL ORGANIZATION, AND SCHOLARSHIPS AND AWARDS ARE ISSUED THROUGH THE NATIONAL ORGANIZATION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMATT BRUNSPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$163,505BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,577DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$170,082TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND WAS REVIEWED AND APPROVED BY THE BOARD PRESIDENT. A COPY WAS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CIN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR FIDUCIARY RESPONSIBILITY AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST OR FIDUCIARY RESPONSIBILITY AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, IF REQUESTED, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINAL DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE POTENTIAL CONFLICT SITUATION AND ALL PARTIES INVOLVED WILL BE DISCLOSED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION AND BONUSES OF THE EMPLOYEE ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. SALARY IS ESTABLISHED BASED ON THE COMPARATIVE DATA. ALL RELEVANT INFORMATION IS DOCUMENTED IN THE MINUTES OF THE MEETING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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