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Nonprofit · EIN 85-1626723

FOLDS OF HONOR FOUNDATION

Also known as FOLDS OF HONOR TENNESSEE CHAPTER

Tax-exempt · FRANKLIN, TN 37069

Financials

$1.3M$1.2M2023$1.6M$1.7M2024
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$1,586,844$1,695,473-$108,629$1,690,448$1,464,092$226,356
December 31, 2023990$1,287,213$1,198,798$88,415$353,135$18,150$334,985
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,256,905
Program service revenue
$0
Investment income
$15,123
Net income from fundraising events
$283,248
Net income from sales of inventory
$31,568
Other revenue
$314,816

Expenses

Grants and similar amounts paid
$1,441,156
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$56,451
Travel
$600
Program services (functional)
$1,614,990
Management and general (functional)
$80,483

Balance sheet and other

Total assets, start of year
$353,135
Total assets, end of year
$1,690,448
Total liabilities, end of year
$1,464,092
Net assets, end of year
$226,356
Publicly traded securities
$4,989
Net assets without donor restrictions
$226,356
Gross receipts
$2,196,560
Employees
0
Volunteers
22
Year formed
2020
State of legal domicile
TN

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
LISA NORRISVice President
Officer
1$0
ROBBIE GOLDSMITHPresident
Officer
1$0
ENZO DEVINCENZODirector
Officer
1$0
Matt FrauenshuhPresident
Officer
1$0
SCOTT BAILEYDirector
Officer
1$0
CASEY CONWAYDirector
Officer
1$0
PATRICK SULLIVANDirector
Officer
1$0
ERIC YONKUSSecretary
Officer
1$0
TRIPP OSTEENTreasurer
Officer
1$0
MATT FEDYKDirector
Officer
1$0
IAN MUSSELMANDirector
Officer
1$0
COLIN YANKEEDirector
Officer
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
CHRISTOPHER KINGDirector
Officer
1$0
DAMIAN NOVAKDirector
Officer
1$0
LISA NORRISTreasurer
Officer
1$0
ROBBIE GOLDSMITHVice President
Officer
1$0
ENZO DEVINCENZODirector
Officer
1$0
Matt FrauenshuhPresident
Officer
1$0
Sean GleasonDirector
Officer
1$0
John ClementDirector
Officer
1$0
SCOTT BAILEYSecretary
Officer
1$0
CASEY CONWAYDirector
Officer
1$0
DAN PELUSEDirector
Officer
1$0
DAN ENDOMDirector
Officer
1$0
AUSTIN CASSELMANDirector
Officer
1$0
PATRICK SULLIVANDirector
Officer
1$0
ERIC YONKUSDirector
Officer
1$0

Address and contacts

Address (IRS master file)
2020 FIELDSTONE PKWY STE 900 PMB 93, FRANKLIN, TN 37069-4369
Signed the 990
LISA NORRIS, Treasurer
Phone
(615) 804-7405
Return prepared by
STONE RUDOLPH & HENRY PLC

Mission

To fund educational scholarships for the dependents of fallen and disabled active duty military service members and first responders

990 for the year ended December 31, 2024

Program accomplishments

  • Folds of Honor Tennessee 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 or first responders 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 $1,614,990

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
85-1626723
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)
$1,690,448
Income (IRS master file)
$2,196,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,586,844$1,695,473$1,690,448IRS
990December 2023$1,287,213$1,198,798$353,135XML
990December 2022$1,410,124$1,515,678$248,467IRS
990December 2021–––IRS
990December 2020–––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 85-1626723).

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 85-1626723.
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 are the officers and directors of FOLDS OF HONOR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 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 $1,586,844, expenses of $1,695,473 and total assets of $1,690,448 at year end.

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