Nonprofit screen
Screen a listFolds of Honor Michigan Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$1.1Mrevenue
FY2024 · +365% in 3 yrs7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−7.9%
Months of reserve0.9mo
Revenue growth (annualized)+58.2%
Middle half of peersMedianFolds of Honor Michigan
Where the money goes FY2024 · $1.2M spent
Programs$1.2M99%Management and general$18k1%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2020
Dick and Betsy Devos Family Foundation gave $200k in FY2020.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$14k in FY2023 and −$91k in FY2024. Cash covers 0.9 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 58% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort20funders
$69ka year, last 3 years
31%from its largest funder
Funder’17’18’19’20’21’22’23Dick and Betsy Devos Family FoundationOn and off$200kWilliam and Janet Johnston Family FoundationEvery year since FY2017$15k$14k$14k$17k$18k$18k$18kFolds of Honor - Motor City IncOn and off$65kDetroit Red Wings Alumni Association IncNew in FY2023$15kMark a and Deborah a Wilhelm FoundationSince FY2020$250$500$500$500Jim Gilmore Jr FoundationOn and off$1kDonor-advised giftsDonors not disclosed$193$252$49k$21k2 other fundersUp to $1k a year each$200$1k
FundedThrough a donor-advised fund