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Nonprofit · EIN 81-3386786

FOLDS OF HONOR FOUNDATION

Also known as MICHIGAN INC FOLDS OF HONOR

Tax-exempt · GRAND HAVEN, MI 49417

Financials

$408K$422K2023$1.1M$1.2M2024
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$1,147,462$1,238,074-$90,612$98,641$76,520$22,121
December 31, 2023990$407,540$421,816-$14,276$126,212$0$126,212
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,104,527
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$42,487
Net income from sales of inventory
$448
Other revenue
$42,935

Expenses

Grants and similar amounts paid
$1,199,762
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$13,327
Travel
$471
Program services (functional)
$1,219,751
Management and general (functional)
$18,323

Balance sheet and other

Total assets, start of year
$126,212
Total assets, end of year
$98,641
Total liabilities, end of year
$76,520
Net assets, end of year
$22,121
Net assets without donor restrictions
$22,121
Gross receipts
$1,352,913
Employees
0
Volunteers
20
Year formed
2016
State of legal domicile
MI

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 / weekCompensation
MARK ARMINIOBOARD DIRECT
Trustee or director
1$0
DOUG BELLBOARD VICE P
Trustee or director, Officer
5$0
ANN DAVISBOARD MEMBER
Trustee or director
1$0
RYAN FOLEYBOARD DIRECT
Trustee or director
–$0
DON KALISZBOARD DIRECT
Trustee or director
1$0
MARK KELLEYBOARD DIRECT
Trustee or director
1$0
MADONNA KRAMERBOARD SECETA
Trustee or director, Officer
5$0
GARY MCINERNEYBOARD DIRECT
Trustee or director
1$0
DOREEN SMITHBOARD DIRECT
Trustee or director
1$0
SCOTT SMITHBOARD DIRECT
Trustee or director
1$0
JOHN SOMERSBOARD PRESID
Trustee or director, Officer
5$0
CHRIS STRENGBOARD DIRECT
Trustee or director
1$0
SKIP STRZELECKIBOARD DIRECT
Trustee or director
1$0
SCOTT WAGASKYBOARD TREASU
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
MARK ARMINIOMICHIGAN REP
Trustee or director
0.25$0
DOUG BELLBOARD MEMBER
Trustee or director
2$0
ANN DAVISBOARD MEMBER
Trustee or director
2$0
MARK KELLEYBOARD EXEC T
Trustee or director
0.25$0
MADONNA KRAMERSECETARY
Trustee or director, Officer
2$0
GARY MCINERNEYBOARD MEMBER
Trustee or director
0.25$0
JOHN SOMERSBOARD PRESID
Trustee or director, Officer
1$0
CHRIS STRENGBOARD TREASU
Trustee or director, Officer
3$0
SKIP STRZELECKIBOARD MEMBER
Trustee or director
0.25$0
SCOTT WAGASKYBOARD MEMBER
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
PO BOX 73, GRAND HAVEN, MI 49417-0073
In care of
% FOLDS OF HONOR MICHIGAN
Mailing address (990-N for 2017)
PO BOX 73, Grand Haven MI 49417
Principal officer (990 for 2024)
JOHN SOMERS, PO BOX 73, GRAND HAVEN, MI 49417
Principal officer (990-N for 2017)
John Rooney, PO BOX 73, Grand Haven MI 49417
Signed the 990
JOHN SOMERS, BOARD PRESIDENT
Phone
(616) 638-7724
Return prepared by
DE BOER BAUMANN & COMPANY PLC

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, MICHIGAN 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 FOR CAMPUS ROOM AND BOARD, APPROVED EDUCATIONAL TUTORING, AND OTHER APPROVED EDUCATIONAL EXPENSES. THE MICHIGAN CHAPTER WAS AWARDED 66 SCHOLARSHIPS WITH A TOTAL AWARD AMOUNT OF 303,695.
    Expenses $1,219,751 · grants $1,199,762

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
81-3386786
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)
$98,641
Income (IRS master file)
$1,352,913

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,147,462$1,238,074$98,641IRS
990December 2023$407,540$421,816$126,212XML
990December 2022$671,859$571,370$140,488IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2017
Officer: John Rooney
December 31, 2017≤ $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 81-3386786).

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 81-3386786.
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 JOHN SOMERS.
Who are the officers and directors of FOLDS OF HONOR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 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 $1,147,462, expenses of $1,238,074 and total assets of $98,641 at year end.

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