Nonprofit · EIN 27-1206961
GREEN BERET FOUNDATION
Tax-exempt · SOUTHERN PNES, NC 28387
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,695,680 | $3,872,540 | $823,140 | $5,899,138 | $350,946 | $5,548,192 |
| December 31, 2023 | 990 | $3,048,058 | $2,936,930 | $111,128 | $4,840,854 | $257,464 | $4,583,390 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,720,311
- Program service revenue
- $0
- Investment income
- $179,926
- Net income from fundraising events
- -$190,975
- Net income from gaming
- $12,819
- Net income from sales of inventory
- -$26,401
- Other revenue
- -$204,557
Expenses
- Grants and similar amounts paid
- $1,321,313
- Compensation of officers, directors and key employees
- $282,270
- Other salaries and wages
- $864,530
- Salaries, compensation and benefits (total)
- $1,323,452
- Professional fundraising fees
- $0
- Occupancy
- $60,292
- Travel
- $9,557
- Depreciation
- $8,186
- Program services (functional)
- $3,256,596
- Management and general (functional)
- $287,757
- Fundraising (functional)
- $328,187
Balance sheet and other
- Total assets, start of year
- $4,840,854
- Total assets, end of year
- $5,899,138
- Total liabilities, end of year
- $350,946
- Net assets, end of year
- $5,548,192
- Land, buildings and equipment
- $14,884
- Publicly traded securities
- $2,860,456
- Net assets without donor restrictions
- $3,940,390
- Net assets with donor restrictions
- $1,607,802
- Gross receipts
- $5,385,966
- Employees
- 15
- Volunteers
- 60
- Year formed
- 2010
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES P IACONO | PRESIDENT & CEO Officer | 40 | $327,891 | $12,517 |
| ANNA L RICHARDSON | FOUNDATION RELATIONS & SCHOLARSHIPS DIRECTOR Officer | 40 | $120,367 | $3,297 |
| JASON MCCARTHY | DIRECTOR (THRU 12/19/24) Trustee or director | 2 | $0 | $0 |
| FRAN WESSELING | DIRECTOR Trustee or director | 5 | $0 | $0 |
| STEVE MANNELL | DIRECTOR (FROM 2/4/24) Trustee or director | 2 | $0 | $0 |
| MICHAEL WISE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT MCKEE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WALT COOPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSEPH FANCHER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LTGR KEN TOVO | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| ANDREW BRAY | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS ROBINETTE | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES P IACONO | PRESIDENT & CEO (STARTING 4/7/2023) Officer | 40 | $149,092 | $5,107 |
| FRANCES ARIAS | INTER ED (THRU 3/23) COO (THRU 9/23) Officer | 40 | $119,814 | $0 |
| JASON MCCARTHY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| FRAN WESSELING | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KRISTA ANDERSON | DIRECTOR (THRU 12/14/23) Trustee or director | 2 | $0 | $0 |
| MICHAEL WISE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JASON MCCARTHY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT MCKEE | DIRECTOR (STARTING 12/14/23) Trustee or director | 2 | $0 | $0 |
| NATE BEULOW | DIRECTOR (THRU 12/14/23) Trustee or director | 2 | $0 | $0 |
| WALT COOPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LTGR KEN TOVO | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| ANDREW BRAY | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CHRIS ROBINETTE | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10205 US 15 501 HWY UNIT 26 PMB 8, SOUTHERN PNES, NC 28387-5180
- Mailing address (990-N for 2009)
- PO Box 8250, Huntington Beach CA 92615
- Principal officer (990 for 2024)
- CHARLES IACONO, 10205 US HWY 15-501 UNIT 26-8, SOUTHERN PINES, NC 283874301
- Principal officer (990-N for 2009)
- Aaron Anderson, PO Box 8250, Huntington Beach CA 92615
- Signed the 990
- CHARLES IACONO, PRESIDENT & CEO
- Phone
- (844) 287-7133
- Website
- www.greenberetfoundation.org
- Return prepared by
- CALVETTI FERGUSON
Mission
PROVIDE FINANCIAL ASSISTANCE, SUPPORT, AND LIAISING FOR THE WOUNDED, ILL, INJURED AND THE FAMILY MEMBERS (INCLUDING KILLED IN ACTION) OF THE SPECIAL FORCES REGIMENT (GREEN BERETS) WHEN THE CARE SYSTEM DOES NOT COVER THE NEED DIRECTLY RELATED TO THE HEALTH AND WELFARE OF THAT SERVICE MEMBER OR THEIR FAMILY.
Program accomplishments
- CASUALTY SUPPORT: CASUALTY SUPPORT IS PROVIDED IN TWO FORMS: C3 CHECK AND GORUCK GR1. AS A MATTER OF PRACTICE, THE GREEN BERET FOUNDATION ("GBF") IMMEDIATELY PROVIDES A $2,500 CHECK TO OFFSET HISTORICALLY PREDICTABLE AND UNPREDICTABLE EXPENSES AND A HIGHLY SPECIALIZED RUCKSACK PACKED WITH NON-TRIVIAL ESSENTIALS TO THOSE GREEN BERETS THAT HAVE BEEN MEDEVAC'D AWAY FROM THEIR PERMANENT DUTY STATION. THIS RUCKSACK IS A TOOL TO COMMUNICATE OUR INITIAL ENGAGEMENT WITH THE GREEN BERET AND THEIR FAMILY. WE ENGAGE IMMEDIATELY AND REMAIN ENGAGED WITH THAT FAMILY AS CASUALTY IMPACTS NOT JUST THE SOLDIER, BUT ALSO THEIR ENTIRE FAMILY. GBF STEPS IN TO PROVIDE THE EXTRA SUPPORT GREEN BERETS AND THEIR FAMILIES NEED IMMEDIATELY AFTER BEING INJURED.Expenses $29,555 · grants $11,591
- HEALTH AND WELLNESS SUPPORT: WE PROVIDE THE STRENGTH OF LONG-TERM OR ONGOING SUPPORT FOR SPECIAL FORCES SOLDIERS AS THEY MANAGE INJURIES AND CONDITIONS THAT HAVE RESULTED FROM THEIR SERVICE. THE GOAL OF THIS PROGRAM IS TO ENSURE THAT THEIR MIND, BODY, AND SPIRIT ARE HEALTHY BY SUPPLEMENTING THE CARE THEY RECEIVE THROUGH THE MILITARY HEALTH SYSTEM AND THE VETERANS HEALTH ADMINISTRATION. THIS PROGRAM INCLUDES: FINANCIAL SUPPORT FOR ALTERNATIVE TREATMENTS AND THERAPIES NOT COVERED BY THE U.S. DEPARTMENT OF DEFENSE (DOD) AND THE DEPARTMENT OF VETERANS AFFAIRS (VA) INCLUDING MENTAL HEALTH, ADDICTION TREATMENT, OR HYPERBARIC OXYGEN THERAPY. FINANCIAL SUPPORT FOR ADAPTIVE MEDICAL EQUIPMENT SUCH AS SPECIALIZED WHEELCHAIRS, BRACES, STIMULATION MACHINES, PROSTHETICS, ADAPTIVE EQUIPMENT, COMPRESSION SYSTEMS FOR INJURIES, CHAIR LIFTS, CHEMOTHERAPY TREATMENTS, OR MEDICAL SUPPLIES NOT COVERED BY INSURANCE. TRAVEL AND LODGING COSTS FOR TREATMENTS, INCLUDING FOR FAMILY OR CAREGIVERS WHEN NEEDED. FINANCIAL SUPPORT FOR HOSPICE CARE AND SUBSTANCE ABUSE TREATMENTS.Expenses $810,489 · grants $335,537
- NEXT RIDGELINE SUPPORT: THE NEXT RIDGELINE IS A METAPHOR USED TO SYMBOLIZE A JOURNEY FROM ONE PEAK TO ANOTHER. IN MILITARY TERMS IT MEANS THE HARD OBJECTIVE - VISIBLE BUT REQUIRES TIME AND EFFORT TO GET TO THE NEXT RIDGELINE. THE NEXT RIDGELINE ENSURES THAT SPECIAL FORCES SOLDIERS AND THEIR FAMILIES ARE PREPARED TO TRANSITION FROM ACTIVE-DUTY SERVICE TO CIVILIAN LIFE AND HAVE A TRUSTED RESOURCE FOR NAVIGATING THE VA. THE GREEN BERET FOUNDATION'S NEXT RIDGELINE PROGRAM PROVIDES TRANSITIONING SPECIAL FORCES SOLDIERS DIRECTION AND ACCESS TO A COMPREHENSIVE UNDERSTANDING OF THE VETERANS AFFAIRS BENEFITS & DISABILITY CLAIMS PROCESS AND INTERNAL SYSTEMS TO ENSURE A FAIR AND THOROUGH EVALUATION OF VA CLAIMS. THE ACCURACY OF THESE CLAIMS CAN RESULT IN A QUANTIFIABLE INCREASE IN TAX-FREE COMPENSATION TO A SPECIAL FORCE SOLDIER'S ENTIRE HOUSEHOLD. THIS PROGRAM INCLUDES: VETERAN AFFAIRS ADVOCACY TO REVIEW CURRENT MILITARY/PERSONNEL SERVICE MEDICAL RECORDS OR POST-SERVICE VA. LOCATING ANY TREATMENT RECORDS OR ARCHIVED DOCUMENTS AS EVIDENCE TO SUBMIT WHEN FILING VA DISABILITY CLAIMS. ASSESS PREVIOUS SERVICE DOCUMENTATION OR RECORDS FOR A CONDITION OR AN INJURY THAT COULD HAVE POTENTIALLY LED TO A SERVICE-CONNECTION: THE IN-SERVICE INJURY OR DIAGNOSIS. ACCESS TO OUR REGIONAL ACCREDITED VETERANS SERVICES OFFICERS (VSO) TO FILE AN ORIGINAL OR UPDATED VA DISABILITY CLAIM. PRE-TRANSITION BRIEFINGS FOR SPECIAL FORCES SOLDIERS AND THEIR FAMILY.Expenses $1,226,664 · grants $106,412
- FAMILY SUPPORT: THE FAMILY OF A SPECIAL FORCES SOLDIER IS THEIR FIRST AND MOST IMPORTANT SUPPORT, AND SO IT'S CRITICAL THAT THE GREEN BERET FOUNDATION PROVIDES TRUST, STRENGTH, AND SERVICES TO MEET THE NEEDS OF THE ENTIRE FAMILY. THE FAMILY SUPPORT PROGRAMS INCLUDE SCHOLARSHIPS, HEALTH AND WELLNESS PROGRAMS, AND ACCESS TO OUR VERY OWN STEEL MAGS SISTERHOOD PROGRAM. THESE PROGRAMS PROVIDE DIRECT ASSISTANCE FOR THE SPOUSES AND CHILDREN OF SPECIAL FORCES SOLDIERS AS THEY NAVIGATE THE CHALLENGES OF TRAINING, DEPLOYMENTS, AND LIFE AFTER THE MILITARY THAT ARE NOT AVAILABLE BY OTHER MEANS. THESE PROGRAMS INCLUDE: SUPPORT AND FINANCIAL ASSISTANCE TO THE SPOUSES WHO MUST BECOME A CAREGIVER TO A SPECIAL FORCES SOLDIER. THIS SITUATION CAN AFFECT THEM EMOTIONALLY, PHYSICALLY, AND CAN OFTEN SEEM OVERWHELMING. WE HELP THEM MAKE SURE THEY ARE TAKING CARE OF THEMSELVES THROUGHOUT THE CAREGIVING PROCESS. FINANCIAL SUPPORT, CARE, AND EDUCATION FOR SPECIAL FORCES PARENTS WITH SPECIAL-NEEDS CHILDREN. HEALTHCARE AND FINANCIAL SUPPORT FOR SPOUSES AND CHILDREN SUFFERING FROM CONDITIONS NOT COVERED BY THE DOD/VA, INCLUDING CANCER, MEDICAL DEVICES, CHILDCARE, THERAPIES AND RETREATS, AND MEAL TRAINS. THE DE OPPRESSO LIBER (DOL) SCHOLARSHIP PROGRAM, FOR QUALIFIED CHILDREN OF SPECIAL FORCES SOLDIERS. DOL1 SCHOLARSHIPS ARE FOR CHILDREN OF NON-COMMISSIONED OFFICERS, DOL2 SCHOLARSHIPS ARE FOR THE CHILDREN OF WARRANT OFFICERS, AND DOL3 SCHOLARSHIPS ARE FOR THE CHILDREN OF COMMISSIONED OFFICERS. THE ATHENA SCHOLARSHIP PROGRAM IS FOR SPECIAL FORCES SPOUSES PURSUING THEIR UNDERGRADUATE AND GRADUATE DEGREES. THE ATHENA GRANT PROVIDES SPECIAL FORCES SPOUSES FINANCIAL SUPPORT TO COVER THE COSTS OF VOCATIONAL PROGRAMS, EXAMS, AND PROFESSIONAL DEVELOPMENT COURSES. THE STEEL MAGS SISTERHOOD PROGRAM IS EXCLUSIVE TO THE GREEN BERET FOUNDATION. IT PROVIDES SPOUSES, PARENTS, SIBLINGS, AND CAREGIVERS OF SPECIAL FORCES SOLDIERS. THEY RECEIVE UNCONDITIONAL SUPPORT, STRENGTH, ADVOCACY, AND DIRECTION ON HOW TO ACCESS CRITICAL RESOURCES THAT EMPOWER THEM TO BUILD A LIFE WHERE THEY CAN THRIVE FOR THEMSELVES AND THEIR FAMILY. FINANCIAL SUPPORT FOR MONTHLY LIVING EXPENSES DUE TO EXTENUATING CIRCUMSTANCES.GOLD STAR & SURVIVING FAMILIES SUPPORT: OUR GOLD STAR FAMILY PROGRAM BEGINS IN THE IMMEDIATE WAKE OF A COMBAT DEATH, ASSISTING WITH A WIDE VARIETY OF NEEDS TO SUPPORT THE FAMILY DURING THE DIGNIFIED TRANSFER, MEMORIAL SERVICE, AND FUNERAL. OUR SACRED DUTY AND PRIVILEGE AT THE GREEN BERET FOUNDATION IS TO SERVE THE FAMILIES AND LOVED ONES WHO LOST A SPECIAL FORCES SOLDIER. THE FINAL SACRIFICE OF A FALLEN SPECIAL FORCES SOLDIER CAUSES US TO PAUSE, REFLECT, AND GIVE THANKS FOR THE FREEDOMS WE HOLD SO DEAR. FOR THIS REASON, OUR GOLD STAR PROGRAM REMAINS A CRITICAL FOCUS OF OUR MISSION. NOT EVERY LOSS OF A GREEN BERET IS COMBAT RELATED. OUR SURVIVING FAMILY SUPPORT OFTEN BEGINS BEFORE THE GREEN BERET PASSES DUE TO INJURY IN TRAINING, ILLNESS, OR SUICIDE. WITH SUDDEN NON-COMBAT RELATED DEATHS, WE CAN REACT QUICKLY AND PROVIDE SEAMLESS SUPPORT.THIS PROGRAM INCLUDES: POSSIBLE ASSISTANCE OF FUNERAL COSTS NOT COVERED BY THE MILITARY AND CONTINUOUS ENGAGEMENT WITH FAMILIES TO SUPPORT THE HEALING OF THE GREEN BERET'S IMMEDIATE FAMILY THROUGH THERAPIES, ACTIVITIES, AND NETWORKING.Expenses $1,189,888 · grants $867,773
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1206961
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P12)
- Assets (IRS master file)
- $5,899,138
- Income (IRS master file)
- $5,385,966
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,695,680 | $3,872,540 | $5,899,138 | IRS |
| 990 | December 2023 | $3,048,058 | $2,936,930 | $4,840,854 | XML |
| 990 | December 2022 | $3,547,450 | $3,526,122 | $4,396,784 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: Aaron Anderson | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1206961).
Questions about GREEN BERET FOUNDATION
- What is the EIN of GREEN BERET FOUNDATION?
- The employer identification number (EIN) of GREEN BERET FOUNDATION is 27-1206961.
- Is GREEN BERET FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to GREEN BERET FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREEN BERET FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREEN BERET FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREEN BERET FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREEN BERET FOUNDATION?
- The 990 for the year ended December 31, 2024 names CHARLES IACONO.
- Who are the officers and directors of GREEN BERET FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $327,891 (CHARLES P IACONO, PRESIDENT & CEO).
- How much revenue does GREEN BERET FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,695,680, expenses of $3,872,540 and total assets of $5,899,138 at year end.
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All nonprofits in SOUTHERN PNES · North Carolina · Human services