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Virginia · Nonprofit

FINAL SALUTE INC

FINAL SALUTE INC (Virginia) receives grants from 37 organizations whose IRS filings report $1,195,909 to it, the largest being THE FLATLEY FOUNDATION ($500,000). 6 of them have funded it in more than one year.

Revenue FY2024
$554k
Funders on record
37
Grants received
$1.2M
Net assets
$472k
6/37 repeat funderspeak grant-dependency 36%
01What it does

What Final Salute Inc does

Mission

Provide homeless women veterans and their children with safe and suitable housing

As stated on its FY2024 Form 990.

Programs

  1. H.O.M.E. & S.A.F.E. The H.O.M.E. Program provides transitional housing, on-site case management, food, clothing, transportation, childcare subsidy/assistance, employment support, and other essential support services to homeless women Veterans and their children. The organization supported H.O.M.E. applicants through its S.A.F.E. Program by aiding in prevention of homelessness. The S.A.F.E. Program provides emergency financial support by assisting with past due rent, security deposits and utility assistance. S.A.F.E. also provides valuable indirect resources on saving, budgeting, and living on a fixed income. Throughout 2023, the S.A.F.E. program assisted 34 female veterans and 41 children with emergency financial assistance. An additional 474 women veterans and 593 children were provided financial education and budgeting resources. The H.O.M.E. and S.A.F.E. Programs have been combined into one HOME/SAFE Program category.

    $293,502 spent
    88% of program spending
  2. The Next Uniform Program provides support for women veterans and military women in transition to the civilian workforce. Final Salute Incorporated provides free of charge Professional Business Attire, Dress-Shoes, Accessories, Make-Overs, Image-Consulting, and Professional Headshots. During 2023, the program was paused until April 2023 per Federal CDC guidelines related to the COVID-19 Pandemic. The program resumed in August 2023, supporting 85 female veterans and military women.

    $4,338 spent
    1% of program spending
  3. Ms. Veteran America is Final Salute Inc.'s largest awareness campaign for its mission, programs, and services. MS Veteran America culminates in the organization's annual flagship event, the Ms. Veteran America competition, where an Ambassador is selected to represent the organization as a community spokesperson and advocate. This event also honors the service and sacrifice of our Nation's women currently in Military Service and Women Veterans. The participants of 2023 collectively raised $71,223, gaining 32,950 followers for the cause.

    $36,009 spent
    11% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $333,849.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($475k) Expenses 100 ($453k) Net assets 100 ($214k)2018 Revenue 124 ($589k) Expenses 98 ($442k) Net assets 169 ($361k)2019 Revenue 175 ($833k) Expenses 135 ($609k) Net assets 253 ($541k)2020 Revenue 103 ($491k) Expenses 105 ($475k) Net assets 260 ($557k)2021 Revenue 83 ($394k) Expenses 116 ($523k) Net assets 200 ($427k)2022 Revenue 84 ($397k) Expenses 114 ($517k) Net assets 144 ($308k)2023 Revenue 79 ($378k) Expenses 80 ($363k) Net assets 151 ($323k)2024 Revenue 117 ($554k) Expenses 89 ($404k) Net assets 221 ($472k)
'17'18'19'20'21'22'23'24
Revenue (117)Expenses (89)Net assets (221)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $624k to $458k (−27%).

$586k
$692k
$770k
$778k
$624k
$458k
$458k
$522k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of FINAL SALUTE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$22k
’17
$147k
’18
$225k
’19
$16k
’20
−$129k
’21
−$120k
’22
$14k
’23
$149k
’24
3.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Brian Drummond

Board Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed108777855
Joined·+0+2+0+0+1+0+0
No longer listed·2300030
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 6 funders, grant income fell $141k → $134k.

10 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FINAL SALUTE INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FINAL SALUTE INC leans on a few funders — its largest provides 42% of grant income and the top three 74%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FINAL SALUTE INC.

42%
largest funder
74%
top three
~4
effective funders

Largest funder’s share by year: 2017 82% · 2018 39% · 2019 51% · 2020 60% · 2021 78% · 2022 92% · 2023 75% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

14% of FINAL SALUTE INC's funders are still giving 3 years after their first grant; 16% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FINAL SALUTE INC draws 100% of its grant income from funders outside Virginia, across 17 states in all.

ME
WI
MI
NY
MA
IA
OH
PA
VA
MD
DE
TN
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $496k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FINAL SALUTE INC runs a healthier operating margin than three-quarters of the 7,828 housing & shelter nonprofits its size.

Operating margin27% · top quartile
Months of reserve3.6mo · below the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Organizations like FINAL SALUTE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FINAL SALUTE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FINAL SALUTE INC?
FINAL SALUTE INC (Virginia) receives grants from 37 organizations whose IRS filings report $1,195,909 to it, the largest being THE FLATLEY FOUNDATION ($500,000). 6 of them have funded it in more than one year.
How many funders does FINAL SALUTE INC have?
IRS filings report 37 organizations giving $1,195,909 in grants to FINAL SALUTE INC, 6 of which have funded it in more than one year.
Who is the largest funder of FINAL SALUTE INC?
THE FLATLEY FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like FINAL SALUTE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Final Salute →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing