Overview
What is Patriot Shootout - Indiana Inc?
Patriot Shootout - Indiana Inc, also known as Folds of Honor Indiana, is a nonprofit organization based in Carmel, Indiana. Their primary mission is to support the national Folds of Honor Foundation by providing grant funds. This foundation offers educational scholarships to spouses and dependent children of American service members who have been killed in action, died while on active duty, or suffered a service-connected disability. The scholarships cover various educational expenses such as tuition, books, housing, and tutoring. This nonprofit organization, with its headquarters at 4000 W 106TH ST STE 125 PMB 347, Carmel, IN 46032, contributes significantly to the education of families affected by the sacrifices of our military service members.
Official website here: www.foldsofhonor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Patriot Shootout - Indiana Inc, operating as Folds Of Honor Indiana, has received a 69% rating from Charity Navigator, indicating a Two-Star status. This score is primarily based on the organization's Accountability & Finance, which reflects strong governance practices. The charity boasts a fully independent board of directors and has no material diversion of assets, highlighting responsible management of its resources.
The organization excels in transparency, as evidenced by its tax form disclosures being readily available on its website and the documentation of board meeting minutes. Additionally, it maintains a perfect liabilities to assets ratio, suggesting a sound financial footing. Its program expense ratio is also commendable, with 100% of expenses directed towards its programs, demonstrating a strong commitment to fulfilling its mission.
However, despite these strengths, the overall rating remains at Two Stars due to the reliance on a single beacon score for the assessment. While the financial metrics are solid, there may be areas for improvement in other dimensions that could enhance its overall performance rating.
This AI summary has been generated from information found on Charity Navigator.
Is Patriot Shootout - Indiana Inc legitimate?
Patriot Shootout - Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patriot Shootout - Indiana Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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For more financial information, click here
Official website here: www.foldsofhonor.org
What is the mission statement of Patriot Shootout - Indiana Inc?
The mission of Patriot Shootout - Indiana Inc, operating as Folds of Honor Indiana, is centered around fundraising. Their primary objective is to support the Folds of Honor Foundation by raising funds. This foundation provides financial assistance for education, specifically scholarships, to the spouses and children of fallen and disabled service members in the United States. These scholarships aid in covering educational expenses such as tuition, textbooks, housing, tutoring, and other related costs. The goal is to help the families of these fallen or disabled heroes continue their education and secure a better future.
Official website here: www.foldsofhonor.org
Who is the CEO of Patriot Shootout - Indiana Inc?
Michael Daggett is the President of Patriot Shootout - Indiana Inc.
Official website here: www.foldsofhonor.org
What is the revenue of Patriot Shootout - Indiana Inc?
Patriot Shootout - Indiana Inc's revenue in 2022 was $1,311,054.
Official website here: www.foldsofhonor.org
Who are the executives of Patriot Shootout - Indiana Inc and what are their salaries?
There 20 volunteers at Patriot Shootout - Indiana Inc.
Here are 15 key members and their salaries:
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Official website here: www.foldsofhonor.org
Where can I find the form 990 for Patriot Shootout - Indiana Inc?
Patriot Shootout - Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foldsofhonor.org
Learn more at the official website: www.foldsofhonor.org
Mission Statement of Patriot Shootout - Indiana Inc
Patriot Shootout - Indiana Inc, also known as Folds of Honor Indiana, is dedicated to supporting the Folds of Honor Foundation. Their mission is to raise funds for this national organization, which in turn provides financial assistance for education to the spouses and children of America's fallen and disabled service members. This support takes the form of scholarships, specifically higher education scholarships and children's fund scholarships. These scholarships help cover the costs associated with tuition, school books, campus room and board, approved educational tutoring, and other educational expenses for the eligible recipients. These recipients are spouses and dependents of service members who have lost their lives in action, died in the line of duty, or suffered the loss of a limb; or who have died of any cause while on active duty or after being classified as having a service-connected disability. By raising funds for the Folds of Honor Foundation, Patriot Shootout - Indiana Inc, is making a significant contribution to the education and future of these families who have made sacrifices for our country.
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Impact
July, 2024
Patriot Shootout - Indiana Inc Dba Folds Of Honor Indiana's impact is significant in providing financial assistance for education to spouses and children of America's fallen and disabled service members. The organization raises funds for the Folds of Honor Foundation, which in turn provides higher education scholarships and children's fund scholarships to eligible recipients. These scholarships help subsidize the costs of tuition, school books, fees, on-campus room and board, educational tutoring, and other approved educational expenses for families of service members who made the ultimate sacrifice or suffered service-related disabilities. This support plays a crucial role in ensuring that these deserving individuals have access to educational opportunities and financial assistance during challenging times.
This information is meant to be a general summary of Patriot Shootout - Indiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $74
- Gross Receipts: $1,494,254
Assets and Liabilities:
- Total Assets: $1,108,754
- Total Liabilities: $0
- Net Assets: $1,108,754
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Organization Details
Founding Year
2013
Phone
(210) 882-7641Principal Officer
Michael Daggett
Main Address
4000 W 106TH ST STE 125 PMB 347, CARMEL, IN, 460327730
Website
www.foldsofhonor.orgNTEE Category
Code: B12 - Education
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