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Wisconsin · Nonprofit

SALUTE THE TROOPS INC

SALUTE THE TROOPS INC (Wisconsin) receives grants from 6 organizations whose IRS filings report $27,065 to it, the largest being FOND DU LAC AREA FOUNDATION ($19,050). 3 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$68k
Funders on record
6
Grants received
$27k
Net assets
$22k
3/6 repeat funderspeak grant-dependency 9%
01What it does

What Salute the Troops Inc does

Mission

To support local service members, veterans, and their families through advocacy, education, training, financial assitance, and supportive programming to promote awaareness, and fostering camaraderie that stimulates econcomic development in the community

As stated on its FY2024 Form 990-EZ.

Programs

  1. Support veterans through advocacy, education, training, & financial assistance

    $44,724 spentof which $441 as grants
    66% of program spending
  2. Vetrepreneau grants-this program offers local veteran entrepreneurs the opportunity to attend a 7 week small business accelerator program hosted by venture project, and powered by salute the troops, inc. At the end of our 7 week educational program, veterans that complete the entire program will have an opportunity to "demo" their business in fornt of a panel of judges for a chance to earn 5000 in seed funding form salute the troops.

    $22,591 spentof which $9,900 as grants
    34% of program spending
  3. Support veterans through advocacy, education, training, & financial assistance vetrepreneau grants-this program offers local veteran entrepreneurs the opportunity to attend a 7 week small business accelerator program hosted by venture project, and powered by salute the troops, inc. At the end of our 7 week educational program, veterans that complete the entire program will have an opportunity to "demo" their business in fornt of a panel of judges for a chance to earn 5000 in seed funding form salute the troops.

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $67,315.

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 ($113k) Expenses 100 ($120k) Net assets 100 ($43k)2018 Revenue 110 ($124k) Expenses 94 ($112k) Net assets 129 ($55k)2019 Revenue 92 ($104k) Expenses 88 ($105k) Net assets 126 ($54k)2020 Revenue 49 ($56k) Expenses 59 ($70k) Net assets 92 ($39k)2021 Revenue 57 ($65k) Expenses 63 ($75k) Net assets 68 ($29k)2022 Revenue 86 ($97k) Expenses 85 ($102k) Net assets 58 ($25k)2023 Revenue 92 ($104k) Expenses 76 ($91k) Net assets 87 ($37k)2024 Revenue 60 ($68k) Expenses 70 ($84k) Net assets 51 ($22k)
'17'18'19'20'21'22'23'24
Revenue (60)Expenses (70)Net assets (51)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 2023 to 2024, from $39k to $23k (−40%).

$45k
$57k
$56k
$41k
$30k
$26k
$39k
$23k
'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

Government-grant reliance: 2021 22%. Grants only. Government contracts and fees sit inside program revenue.

99% of SALUTE THE TROOPS INC’s revenue is contributions — more donation-reliant than the typical peer (95% for the typical peer).

This organization
Typical peer · 8,568 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$6k
’17
$12k
’18
−$1k
’19
−$15k
’20
−$10k
’21
−$4k
’22
$13k
’23
−$16k
’24
2.0
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.

The chief executive listed changed between the FY2019 and FY2020 filings.

201720182019202020212022
Listed101111131110
Joined·+4+0+2+3+0
No longer listed·30051
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income fell $5k → $2k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 74% 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 SALUTE THE TROOPS INC’s funders (the co-funder graph). Top 5 of 6 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

SALUTE THE TROOPS INC leans on a few funders — its largest provides 70% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

74% 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 SALUTE THE TROOPS INC.

70%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 70% · 2022 100% · 2023 59% — 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

74% of SALUTE THE TROOPS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7k that is directly attributable, 100% of it comes from Wisconsin funders.

WI

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

’18
’21
’23
Wisconsin out of state home

Funder states come from each funder’s own filing. $20k 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.

04Its place in the field

Against its field

SALUTE THE TROOPS INC's revenue fell 40% between 2017 and 2024.

Operating margin−23% · below the median
Revenue growth (annualized)−7% · below the median

this organization peer median middle 50% of peers· 7,191 philanthropy nonprofits under $100k, FY2024

Organizations like SALUTE THE TROOPS 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 Wisconsin

Nationally

05Profile & governance

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

Public support

65%

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

Footprint & structure

Files a return copy in 1 state

WI

Screen this organization

A dated, signed PDF of the compliance screen for SALUTE THE TROOPS 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 SALUTE THE TROOPS INC?
SALUTE THE TROOPS INC (Wisconsin) receives grants from 6 organizations whose IRS filings report $27,065 to it, the largest being FOND DU LAC AREA FOUNDATION ($19,050). 3 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SALUTE THE TROOPS INC have?
IRS filings report 6 organizations giving $27,065 in grants to SALUTE THE TROOPS INC, 3 of which have funded it in more than one year.
Who is the largest funder of SALUTE THE TROOPS INC?
FOND DU LAC AREA FOUNDATION is the largest funder on record, with $19,050 in grants. The full list of funders is on this page.
How can an organization like SALUTE THE TROOPS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 Salute the Troops →

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 6 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 22, 2026. What this page cannot tell you · view filing