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Nonprofit · EIN 45-5252434

FOLDS OF HONOR FOUNDATION

Also known as FOLDS OF HONOR NORTH TEXAS INC

Tax-exempt · DALLAS, TX 75205

Financials

$4.6M$4.6M2023$3.8M$4M2024
Revenue Expenses · by fiscal year end
Financials of FOLDS OF HONOR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,811,190$3,951,180-$139,990$919,543$0$919,543
December 31, 2023990$4,619,746$4,618,272$1,474$272,628$0$272,628
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,600,671
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$789,481
Other revenue
-$789,481

Expenses

Grants and similar amounts paid
$3,130,284
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$35,520
Program services (functional)
$3,656,496
Management and general (functional)
$238,345
Fundraising (functional)
$56,339

Balance sheet and other

Total assets, start of year
$272,628
Total assets, end of year
$919,543
Total liabilities, end of year
$0
Net assets, end of year
$919,543
Gross receipts
$4,974,164
Employees
0
Volunteers
50
Year formed
2013
State of legal domicile
DE

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.

NameTitleHours / weekCompensationFrom related orgs
MEREDITH CONNALLYREGIONAL DEVELOPMENT OFFICER
Officer
15$0$109,939
SARAH DUNCANDIRECTOR
Trustee or director
15$0$89,245
SARAH ELLIOTTREGIONAL DEVELOPMENT OFFICER
Officer
15$0$85,000
MIKE BELTZCHAIRMAN
Trustee or director, Officer
15$0$0
TRAVIS JONESSECRETARY
Trustee or director, Officer
2$0$0
REED SCHNITTKERDIRECTOR
Trustee or director
2$0$0
JIM TRESTERDIRECTOR
Trustee or director
2$0$0
MEREDITH RATHDIRECTOR
Trustee or director
2$0$0
RALPH STOWDIRECTOR
Trustee or director
2$0$0
CALVIN FRANKDIRECTOR
Trustee or director
2$0$0
DERALD KYLETREASURER
Trustee or director, Officer
5$0$0
JOE SCHLOESSERDIRECTOR
Trustee or director
2$0$0
SCOTT KILDEBECKDIRECTOR
Trustee or director
2$0$0
ALEX STEPHENSONDIRECTOR
Trustee or director
2$0$0
MICHAEL HIRSHDIRECTOR
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
KEL PRESLEYDIRECTOR
Trustee or director
2$0
JUDSON STRUDIVANTDIRECTOR
Trustee or director
2$0
WYATT SMITHDIRECTOR
Trustee or director
2$0
AARON SIZEMOREDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgs
SARAH DUNCANDIRECTOR/REG DEV OFFICER
Trustee or director
15$0$113,349
MIKE BELTZCHAIRMAN
Trustee or director, Officer
15$0$0
PHIL APPENZELLERSECRETARY
Trustee or director, Officer
2$0$0
REED SCHNITTKERDIRECTOR
Trustee or director
2$0$0
TINA LOVEDIRECTOR
Trustee or director
2$0$0
RODNEY FERRELLDIRECTOR
Trustee or director
2$0$0
RALPH STOWDIRECTOR
Trustee or director
2$0$0
CALVIN FRANKDIRECTOR
Trustee or director
2$0$0
DERALD KYLETREASURER
Trustee or director, Officer
5$0$0
JOE SCHLOESSERDIRECTOR
Trustee or director
2$0$0
SCOTT KILDEBECKDIRECTOR
Trustee or director
2$0$0
ALEX STEPHENSONDIRECTOR
Trustee or director
2$0$0
MICHAEL HIRSHDIRECTOR
Trustee or director
2$0$0
KEL PRESLEYDIRECTOR
Trustee or director
2$0$0
JUDSON STRUDIVANTDIRECTOR
Trustee or director
2$0$0
WYATT SMITHDIRECTOR
Trustee or director
2$0$0
AARON SIZEMOREDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
25 HIGHLAND PARK VILLAGE 100-871, DALLAS, TX 75205-2726
Principal officer (990 for 2024)
MIKE BELTZ, 25 HIGHLAND PARK VILLAGE 100-803, DALLAS, TX 75205
Signed the 990
MIKE BELTZ, OFFICER
Phone
(214) 909-3100
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO FUND EDUCATIONAL SCHOLARSHIPS FOR THE DEPENDENTS OF FALLEN AND DISABLED ACTIVE DUTY MILITARY SERVICE MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • FOLDS OF HONOR, NORTH TEXAS CHAPTER, PROVIDES THE NATIONAL ORGANIZATION WITH GRANT FUNDS THAT PROVIDE RECIPIENTS WITH HIGHER-EDUCATION SCHOLARSHIPS AND CHILDREN'S FUND SCHOLARSHIPS FOR SPOUSES AND DEPENDENTS OF SERVICE MEMBERS WHO WERE KILLED IN ACTION, KILLED IN THE LINE OF DUTY OR SUFFERED THE LOSS OF A LIMB; DIED OF ANY CAUSE WHILE ON ACTIVE DUTY OR AFTER BEING CLASSIFIED AS HAVING A SERVICE-CONNECTED DISABILITY. SCHOLARSHIPS ARE USED TO SUBSIDIZE THE COST OF TUITION, SCHOOL BOOKS, FEES ON CAMPUS, ROOM AND BOARD, APPROVED EDUCATIONAL TUTORING, AND OTHER APPROVED EDUCATIONAL EXPENSES.
    Expenses $3,656,496 · grants $3,130,284

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5252434
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$919,543
Income (IRS master file)
$4,974,164

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,811,190$3,951,180$919,543XML
990December 2023$4,619,746$4,618,272$272,628XML
990December 2022$3,696,947$3,491,096$271,154IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 45-5252434).

Questions about FOLDS OF HONOR FOUNDATION

What is the EIN of FOLDS OF HONOR FOUNDATION?
The employer identification number (EIN) of FOLDS OF HONOR FOUNDATION is 45-5252434.
Is FOLDS OF HONOR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Which annual return does FOLDS OF HONOR 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 FOLDS OF HONOR 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 FOLDS OF HONOR 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 FOLDS OF HONOR FOUNDATION?
The 990 for the year ended December 31, 2024 names MIKE BELTZ.
Who are the officers and directors of FOLDS OF HONOR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 19 people; 0 received compensation from the organization.
How much revenue does FOLDS OF HONOR FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,811,190, expenses of $3,951,180 and total assets of $919,543 at year end.

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