New Mexico · Nonprofit
FOLDS OF HONOR NEW MEXICO
FOLDS OF HONOR NEW MEXICO (New Mexico) receives grants from 4 organizations whose IRS filings report $571,088 to it, the largest being THE KARAKIN FOUNDATION ($550,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $271k
- Funders on record
- 4
- Grants received
- $571k
- Net assets
- $21k
What Folds of Honor New Mexico does
Mission
To raise funds for the folds of honor foundation which provides financial assistance for education to support spouses and children of america's fallen and disabled service members.
As stated on its FY2025 Form 990.
Programs
Folds of honor, new mexico chapter, provides the national organization with grant funds that provide recipients with higher education scholarships and children's fund scholarships for spouses and dependents for service members who were illed 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 costs of tuition, school books, fees on campus, room and board, approved educational tutoring, and other approved educational expense. In the 2023-2024 academic year scholarships totaling 150,000 were awarded.
$235,000 spentof which $235,000 as grants98% of program spendingFundraising expenses
$3,940 spent2% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $238,940.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $14k to $42k (+194%).
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.
52% of FOLDS OF HONOR NEW MEXICO’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $9k → $61k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 FOLDS OF HONOR NEW MEXICO’s funders (the co-funder graph). 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
FOLDS OF HONOR NEW MEXICO leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 82% — 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.
Where its funders are
FOLDS OF HONOR NEW MEXICO draws 100% of its grant income from funders outside New Mexico, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $12k arriving through sponsors registered in 2 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.
Against its field
FOLDS OF HONOR NEW MEXICO has grown faster than half of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like FOLDS OF HONOR NEW MEXICO
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 New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
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 FOLDS OF HONOR NEW MEXICO: 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.
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 FOLDS OF HONOR NEW MEXICO?
- FOLDS OF HONOR NEW MEXICO (New Mexico) receives grants from 4 organizations whose IRS filings report $571,088 to it, the largest being THE KARAKIN FOUNDATION ($550,000). 2 of them have funded it in more than one year.
- How many funders does FOLDS OF HONOR NEW MEXICO have?
- IRS filings report 4 organizations giving $571,088 in grants to FOLDS OF HONOR NEW MEXICO, 2 of which have funded it in more than one year.
- Who is the largest funder of FOLDS OF HONOR NEW MEXICO?
- THE KARAKIN FOUNDATION is the largest funder on record, with $550,000 in grants. The full list of funders is on this page.
- How can an organization like FOLDS OF HONOR NEW MEXICO find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 4 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