2025-10-01T10:33:27-05:00 2024-12-31 593040705 RIVERO GORDIMER & COMPANY PA 201 N FRANKLIN ST SUITE 2200 TAMPA FL 33602 990 2024-01-01 521183585 SPECIAL OPERATIONS WARRIOR FOUNDATION SPEC 8138059400 1137 MARBELLA PLAZA DRIVE TAMPA FL 33619 CLAYTON M HUTMACHER PRESIDENT/CEO 8138059400 2025-09-30 1 0 SAM A LAZZARA P01342929 8138757774 2024 2025-03-06 01:10:19Z CLAYTON M HUTMACHER 1137 MARBELLA PLAZA DRIVE TAMPA FL 33619 169674294 0 X WWW.SPECIALOPS.ORG X 1980 FL TO ENSURE FULL FINANCIAL ASSISTANCE FOR A POST-SECONDARY DEGREE FROM AN ACCREDITED TWO OR FOUR YEAR COLLEGE, UNIVERSITY, TECHNICAL, OR TRADE SCHOOL (PUBLIC OR PRIVATE, IN-STATE AND OUT OF STATE) AS WELL AS EDUCATIONAL COUNSELING AND TUTORING TO THE SURVIVING CHILDREN OF ARMY, NAVY, AIR FORCE AND MARINE CORPS SPECIAL OPERATIONS PERSONNEL WHO LOSE THEIR LIVES IN THE LINE-OF-DUTY AND CHILDREN OF MEDAL OF HONOR RECIPIENTS, AND TO PROVIDE IMMEDIATE FINANCIAL ASSISTANCE TO SEVERELY COMBAT WOUNDED, ILL OR SEVERELY INJURED, AND HOSPITALIZED SPECIAL OPERATIONS PERSONNEL AND THEIR FAMILIES. 25 24 20 200 0 0 14742936 17708321 0 0 2089321 34718941 -56688 1481976 16775569 53909238 7010753 8816718 0 0 2210679 2422553 0 0 1356096 9139443 8933275 18360875 20172546 -1585306 33736692 220158980 256640715 75848983 83409497 144309997 173231218 X TO ENSURE COMPREHENSIVE EDUCATIONAL SUPPORT INCLUDING, BUT NOT LIMITED TO, ACADEMIC ADVOCACY, PRESCHOOL AND PRIVATE SCHOOL GRANTS, TUTORING, SUPPORT FOR STUDENTS WITH DISABILITIES, COLLEGE READINESS PROGRAMS, FULL FINANCIAL ASSISTANCE FOR UP TO A FOUR-YEAR POST-SECONDARY DEGREE, ACCESS TO OUR COLLEGE TO CAREER TRANSITIONS PROGRAM, A COMMITMENT TO COVER EDUCATIONAL COSTS FOR THE SURVIVING CHILDREN OF SPECIAL OPERATIONS PERSONNEL WHOSE SPOUSES PERISH WHILE THE SPECIAL OPERATOR IS ACTIVELY SERVING, WHILE PROVIDING A VARIETY OF OTHER PRACTICAL PROGRAMS AND SERVICES. THE FOUNDATION ALSO PROVIDES IMMEDIATE FINANCIAL GRANTS TO SEVERELY COMBAT-WOUNDED, ILL, AND INJURED SPECIAL OPERATIONS PERSONNEL WHO REQUIRE HOSPITALIZATION. 0 0 14351846 5699410 SCHOLARSHIP GRANTS: THE FOUNDATION EMPLOYS A PROACTIVE APPROACH TO THE ACADEMIC SUCCESS OF OUR STUDENTS, WITH AN INTENTIONAL FOCUS ON THEIR COMPLETION OF A POST-SECONDARY DEGREE. IN 2024, 261 CHILDREN ATTENDED COLLEGES OR OTHER POST SECONDARY EDUCATIONAL INSTITUTIONS AND THE FOUNDATION PROVIDED APPROXIMATLEY $5.7 MILLION TO THE CHILDREN ATTENDING COLLEGE. OUR GRANTS INCLUDE FUNDING FOR TUITION, ROOM AND BOARD, BOOKS, TUTORING, COMPUTERS, FEES, TRANSPORTATION, AND PERSONAL EXPENSES. AT DECEMBER 31, 2024 THERE ARE 1,863 CHILDREN WHO SURVIVED 1,451 SPECIAL OPERATIONS PERSONNEL,SPOUSES OF ACTIVELY SERVING SPECIAL OPERATIONS PERSONNEL AND MEDAL OF HONOR RECIPIENTS WHO GAVE THEIR LIVES IN PATRIOTIC SERVICE TO THEIR COUNTRY. OF THESE 1,863 CHILDREN, 565 HAVE GRADUATED COLLEGE. (CONTINUED ON SCHEDULE O). THE FOUNDATION RETAINED ERNST & YOUNG LLP TO PREPARE AN ACTUARIAL VALUATION FOR FUNDING PURPOSES TO SUMMARIZE THE PRESENT VALUE OF THE PROJECTED NEED OF THE SCHOLARSHIP PROGRAM AS OF DECEMBER 31, 2022. THE ACTUARIAL VALUATION INCORPORATED BOTH CURRENT AND PROJECTED FUTURE BENEFICIARIES OF THE PROGRAM AND PROVIDED INFORMATION REGARDING ALTERNATIVE PATTERNS AND SENSITIVITY OF DISCOUNT RATES AND INVESTMENT RETURNS ON THE ANTICIPATED DONATIONS NEEDS. THE RESULTS CONCLUDED THE PRESENT VALUE OF THE PROJECTED NEED OF THE SCHOLARSHIP PROGRAM TO BE APPROXIMATELY $401 MILLION AT DECEMBER 31, 2022, WITH AN UNFUNDED PROJECTED NEED OF APPROXIMATELY $224 MILLION AT DECEMBER 31, 2022. 3265299 2804951 EDUCATIONAL ADVOCACY, TUTORING AND PRIVATE SCHOOLING: ACADEMIC AND CAREER ADVOCACY SERVICES ARE AVAILABLE TO ALL ELIGIBLE CHILDREN BEGINNING AT A YOUNG AGE. BY SETTING THE EXPECTATION OF A POST-SECONDARY EDUCATION, OUR STUDENTS BEGIN SETTING THEIR ACADEMIC AND PROFESSIONAL GOALS FROM A YOUNG AGE. THE FOUNDATION IS THERE TO ENSURE THAT EACH STUDENT IS ON TRACK TO REACH THOSE GOALS.THE FOUNDATION PROVIDED EDUCATIONAL ADVOCACY TO OVER 1,200 CHILDREN THAT HAVE NOT YET REACHED COLLEGE AGE OR STARTED THEIR POST SECONDARY EDUCATION. (CONTINUED ON SCHEDULE O).456 OF THESE CHILDREN WERE IN MIDDLE AND HIGH SCHOOL AND RECEIVED ACADEMIC PLANNING MATERIALS AND STARTED PREPARING TO BEGIN THEIR POST SECONDARY EDUCATION. IN HOME TUTORING WAS AVAILABLE TO ALL CHILDREN FROM KINDERGARTEN AGE THROUGH COLLEGE GRADUATION. THE FOUNDATION ALSO FUNDED VISITS TO COLLEGES FOR HIGH SCHOOL SENIORS. THE FOUNDATION CONDUCTS AN ANNUAL COLLEGE PREPARATION CONFERENCE/SEMINAR FOR OUR HIGH SCHOOL JUNIORS AND SENIORS. THE STUDENTS ARE LODGED ON A COLLEGE CAMPUS, COACHED IN COLLEGE FINANCES, SOCIAL RESPONSIBILITIES, TAUGHT HOW TO WRITE A COLLEGE ADMISSIONS ESSAY, LEARN ABOUT EXPECTATIONS FROM COLLEGE PROFESSORS, AND ARE MENTORED BY SOWF COLLEGE GRADUATES. MOST RECENTLY, IN 2021, THE BOARD OF DIRECTORS APPROVED PRIVATE SCHOOL TUITION ASSISTANCE GRANTS OF UP TO $5000 PER K-12 STUDENT, PER YEAR. IN ITS COMMITMENT TO ITS NUMBER ONE PRIORITY, STUDENT SUCCESS, SOWF CONTINUES TO ENHANCE EDUCATIONAL OPPORTUNITIES, FROM CRADLE TO CAREER. 465577 312357 SUPPORT TO SPECIAL OPERATIONS WOUNDED PERSONNEL: SPECIAL OPERATORS ARE DEPLOYED IN OVER 80 COUNTRIES EVERY DAY. ONE OF THE MOST DIFFICULT CHALLENGES THAT SPECIAL OPERATIONS FAMILIES MAY FACE IS THE IMMEDIATE FINANCIAL BURDEN WHEN THEIR LOVED ONE IS HOSPITALIZED WITH SEVERE COMBAT WOUNDS, INJURIES, OR ILLNESS. SINCE 2006, SPECIAL OPERATIONS WARRIOR FOUNDATION HAS PROVIDED IMMEDIATE FINANCIAL SUPPORT TO OVER 1,300 SEVERELY WOUNDED, ILL, AND INJURED SPECIAL OPERATORS REQUIRING HOSPITALIZATION. IN 2024, THE FOUNDATION PROVIDED DIRECT FINANCIAL SUPPORT TO 56 SEVERELY COMBAT WOUNDED OR INJURED SPECIAL OPERATIONS PEOPLE AND THEIR FAMILIES. (CONTINUED ON SCHEDULE O).THESE FUNDS ARE USED TO REDUCE THE BURDEN OF UNEXPECTED EXPENSES SUCH AS AIRFARE, CHILD CARE, PET CARE, RENTAL CARS, ETC. ADDITIONALLY, SOWF SENDS THE HOSPITALIZED SERVICE MEMBER AN IPAD TO FACILITATE CONNECTIVITY WITH FRIENDS AND FAMILY. 18082722 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 45 0 1 20 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT DC FL GA IL KS KY MA MD ME MI MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN TX UT WA WI WV X X X SEAN CORRIGAN 8138059400 1137 MARBELLA PLAZA TAMPA FL 33619 RAYMOND TONY THOMAS III CHAIRMAN 6.00 X X 0 0 0 DAVID REDMOND TREASURER 6.00 X X 0 0 0 CRAIG BROTCHIE DIRECTOR 3.00 X 0 0 0 TONY BRUNO DIRECTOR 3.00 X 0 0 0 MARK A CLARK DIRECTOR 3.00 X 0 0 0 BARRON COLLIER II DIRECTOR 3.00 X 0 0 0 JIM CRAIG DIRECTOR 3.00 X 0 0 0 MIKE DURANT DIRECTOR 3.00 X 0 0 0 GEORGE FERKES DIRECTOR 3.00 X 0 0 0 RICHARD FORSYTH DIRECTOR 3.00 X 0 0 0 TROY FOWLER DIRECTOR 3.00 X 0 0 0 COLE HAUSER DIRECTOR 3.00 X 0 0 0 GARDNER HOWE DIRECTOR 3.00 X 0 0 0 SCOTT HOWELL DIRECTOR 3.00 X 0 0 0 AARON KOZMETSKY DIRECTOR 3.00 X 0 0 0 JAMES LINDER DIRECTOR 3.00 X 0 0 0 DR CARLA D LONG DIRECTOR 3.00 X 0 0 0 DR MICHELE MALVESTI DIRECTOR 3.00 X 0 0 0 PATRICK MCCAULEY DIRECTOR 3.00 X 0 0 0 GEORGEANN MCRAVEN DIRECTOR 3.00 X 0 0 0 KEVIN MILLER DIRECTOR 3.00 X 0 0 0 MATTHEW QUINN DIRECTOR 3.00 X 0 0 0 CLAYTON M HUTMACHER PRESIDENT/CEO 40.00 X X 285677 0 47667 KEVIN SOFIELD DIRECTOR 3.00 X 0 0 0 ALTON C WARD DIRECTOR 3.00 X 0 0 0 SEAN CORRIGAN EXECUTIVE VICE PRESIDENT 40.00 X 195975 0 21237 BARBARA SECOR DIRECTOR OF PROGRAMS 40.00 X 136845 0 7902 ANGEL MASON DIRECTOR OF RESOURCES - FORMER 40.00 X 121910 0 8360 KELLY BECKER DIRECTOR OF DEVELOPMENT 40.00 X 135964 0 1240 LISA HENSON DIRECTOR OF RESOURCES 40.00 X 105216 0 10467 981587 0 96873 6 0 1 0 LCG ASSOCIATES INC 400 GALLERIA PARKWAY SUITE 1800 ATLANTA GA 30339 INVESTMENT ADVISORY 155142 1 2902835 14805486 2308954 17708321 3487263 3487263 146476238 115244560 31231678 31231678 31231678 2002472 2902835 520496 1481976 1481976 53909238 0 0 36200917 8816718 8816718 481652 240826 96330 144496 1612920 701732 322584 588604 170554 85277 34111 51166 157427 62315 31485 63627 39564 19781 7913 11870 746120 373060 149224 223836 84427 12709 6222 65496 141862 85117 56745 63787 28705 12757 22325 68717 30923 13743 24051 80129 36059 16025 28045 103068 46380 20614 36074 24174 10878 4835 8461 46130 20758 9226 16146 43297 19484 8659 15154 ACCRUED SCHOLARSHIP LIA 7492000 7492000 20172546 18082722 733728 1356096 5414108 846044 2560000 288609 196153 26458 27386 1348315 593293 790702 755022 213639103 252256110 220158980 256640715 275983 344497 75573000 83065000 75848983 83409497 X 142484919 171304333 1825078 1926885 144309997 173231218 220158980 256640715 33736692 -4815471 0 X 0 1 X 1 0 X 10589446 14871397 14815567 14742936 17708321 72727667 10589446 14871397 14815567 14742936 17708321 72727667 2113154 70614513 4619876 8461530 2809512 3139961 3487263 22518142 95245809 0.74140 0.74400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 213639106 9345619 29859171 587783 252256110 175997725 5929762 32185717 474098 213639106 207636664 3208997 -34631897 216039 175997725 170394764 8691039 28985580 434719 207636664 146575538 3402122 20883650 466546 170394764 0.99000 0.01000 0.00000 0 0 127060 127060 928353 300391 627962 264920 264920 0 27982 27982 0 755022 ACCRUED SCHOLARSHIPS PAYABLE 83065000 83065000 X 48347647 -4815471 -4815471 53163118 746120 746120 53909238 19426426 0 19426426 746120 746120 20172546 PART V, LINE 4: THE BOARD DESIGNATED QUASI-ENDOWMENT FUND IS TO SUPPORT THE SCHOLARSHIP, EDUCATIONAL COUNSELING, TUTORING PROGRAMS, PRE-SCHOOL AND IMMEDIATE FINANCIAL ASSISTANCE TO SEVERELY WOUNDED OR INJURED SPECIAL OPERATIONS SERVICE MEMBERS. PART X, LINE 2: THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 FOR THE YEAR ENDED DECEMBER 31, 2024 AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION NOR DISCLOSURE IN THE FINANCIAL STATEMENTS. JOIN FORCES TEXAS STYLE 923066 875066 48000 148855 TAMPA DINNER 547164 513239 33925 102099 10 3435077 1514530 1920547 269542 4905307 2902835 2002472 520496 520496 1481976 1 COLLEGE SCHOLARSHIPS 261 5699410 CASH GIVEN SUPPORT TO WOUNDED SPECIAL OPERATIONS PERSONNEL 56 312357 CASH GIVEN TUTORING AND PRESCHOOL ASSISTANCE 456 2804951 CASH GIVEN PART I, LINE 2: THE INITIAL CONTACT FOR ELIGIBLE CHILDREN IS THROUGH THE SPECIAL OPERATIONS COMMAND. THE FOUNDATION REVIEWS THE INFORMATION TO VERIFY THAT THE CHILDREN ARE ELIGIBLE FOR SCHOLARSHIPS. SCHOLARSHIP RECIPIENTS' PROGRESS IS MONITORED TO ENSURE THEY MAINTAIN THE REQUIRED GRADE POINT AVERAGE AND TO ASSESS THEIR FINANCIAL NEEDS. SCHOLARSHIPS ARE PAID BY THE FOUNDATION DIRECTLY TO THE SCHOOL. FORM 990, SCHEDULE I, PART III SURVIVING CHILDREN OF SPECIAL OPERATIONS SERVICE MEMBERS WHO DIE IN THE LINE OF DUTY AND CHILDREN OF MEDAL OF HONOR RECIPIENTS ARE AUTOMATICALLY ELIGIBLE FOR POST SECONDARY EDUCATIONAL SCHOLARSHIPS UP TO AN UNDERGRADUATE DEGREE. THE FOUNDATION MAINTAINS CONTACT WITH THE FAMILIES FROM THE DEATH THROUGH THE POST SECONDARY GRADUATION OF THE CHILDREN. MANY TIMES THIS IS MORE THAN 15 YEARS. CHILDREN MUST MEET AN ACADEMIC STANDARD OF MAINTAINING A REQUIRED GRADE POINT AVERAGE OF 2.0 OR PASSING GRADE. COST OF THE EDUCATION COVERED INCLUDES TUITION, BOOKS, FEES, TUTORING, ROOM, BOARD, TRANSPORTATION AND PERSONAL EXPENSES. SEVERELY COMBAT WOUNDED, ILL, AND INJURED SPECIAL OPERATIONS PEOPLE WHO ARE TRANSFERRED TO U.S. GOVERNMENT HOSPITALS RECEIVE UP TO $5,000 TO DEFRAY THE COSTS THEIR FAMILIES INCUR DURING THE INITIAL PHASE OF RECOVERY. X X X X 0 0 0 0 0 0 0 0 0 CLAYTON M HUTMACHER PRESIDENT/CEO 285677 0 0 0 0 0 47667 0 0 0 333344 0 0 0 SEAN CORRIGAN EXECUTIVE VICE PRESIDENT 195975 0 0 0 0 0 21237 0 0 0 217212 0 0 0 X 27 2308954 QUOTED STOCK PRICE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE MEMBERS OF THE EXECUTIVE COMMITTEE AND THE AUDIT AND FINANCE COMMITTEE REVIEW THE IRS FORM 990 PRIOR TO BEING SENT TO ALL BOARD MEMBERS. AFTER THEIR REVIEW, A DRAFT COPY OF FORM 990, INCLUDING ALL REQUIRED SCHEDULES, IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING THE FORM WITH THE IRS. COPIES ARE PROVIDED TO ALL BOARD MEMBERS AFTER THE 990 IS SIGNED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE FOUNDATION'S BOARD INDEPENDENCE AND CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED AND RENEWED ANNUALLY BY VOTE. ALL BOARD MEMBERS ARE REQUIRED TO REPORT ALL BUSINESS RELATIONSHIPS AND TRANSACTIONS THAT MAY POSE A CONFLICT VIA AN ANNUAL SURVEY. FORM 990, PART VI, SECTION B, LINE 15 IN ACCORDANCE WITH THE FOUNDATION'S BY-LAWS, THE EXECUTIVE COMMITTEE ("EC") EXERCISES THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE CORPORATION AND SERVES AS THE COMPENSATION COMMITTEE. THE EC REVIEWS NATIONAL CHARITY RATING ORGANIZATION'S COMPENSATION REPORTS AND INTERNET BASED NON PROFIT AND SALARY WEBSITES TO OBTAIN SALARY INFORMATION FOR BOTH TAXABLE AND TAX EXEMPT ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA. FULL DISCLOSURE IS PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION PROVIDES A COPY OF THE IRS FORM 990 AND FORM 1023 TO ANYONE REQUESTING THE DOCUMENTS. THE MOST RECENT FORM 990 IS AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S CONFLICT OF INTEREST POLICY, ANNUAL REPORT, IRS DETERMINATION LETTER AND CONFIDENTIALITY/PRIVACY POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST.