Overview
What is Military Order Of The Purple Heart Service Foundation Inc?
The Military Order of the Purple Heart Service Foundation Inc is a nonprofit organization based in Annandale, Virginia. Their primary mission is to enhance the quality of life for Purple Heart recipients and other honorably discharged veterans and their families. They achieve this by granting funds to the three state departments of national and their auxiliaries, allowing them to provide essential services to disabled and needy veterans. With a team of 17 employees, the Purple Heart Foundation plays a crucial role in supporting those who have served our country.
Official website here: www.purpleheartfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Military Order of the Purple Heart Service Foundation Inc has received a two-star rating from Charity Navigator, indicating areas that require attention, particularly in financial management. With an overall score of 68%, the organization excels in leadership and community culture, achieving a perfect score in these domains. Their commitment to having a fully independent board signals strong governance, but financial performance metrics present significant concerns.
Despite having robust governance practices, the foundation's program expense ratio is notably low at 6.69%, meaning only a small fraction of funds are directed towards their mission. Additionally, their fundraising efficiency is also weak, with a ratio of $0.79 indicating that a considerable portion of donations is not efficiently used. These financial indicators suggest that the organization faces challenges in translating its revenue into effective programs for veterans and their families.
The foundation does maintain a clear mission focused on enhancing the quality of life for veterans, which aligns with their goals of funding and incubating impactful programs. However, the financial limitations may hinder their ability to achieve these objectives fully. It is crucial for the organization to address these financial inefficiencies to enhance their overall effectiveness and better serve the veteran community.
This AI summary has been generated from information found on Charity Navigator.
Is Military Order Of The Purple Heart Service Foundation Inc legitimate?
Military Order Of The Purple Heart Service Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Military Order Of The Purple Heart Service Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $161,055
Professional Fundraising Fees: $14,505,345
Other Salaries and Wages: $955,931
For more financial information, click here
Official website here: www.purpleheartfoundation.org
What is the mission statement of Military Order Of The Purple Heart Service Foundation Inc?
The Military Order of the Purple Heart Service Foundation strives to improve the quality of life for Purple Heart recipients and other honorably discharged veterans, as well as their families. Through veteran service grants, the foundation enables state departments and their auxiliaries to provide essential services to disabled and needy veterans. The mission of the Purple Heart Foundation is focused on making a meaningful difference in the lives of those who have served their country. By offering grants, they aim to ensure that veterans and their families receive the support they need to overcome challenges and thrive.
Official website here: www.purpleheartfoundation.org
Who is the CEO of Military Order Of The Purple Heart Service Foundation Inc?
Stephen L Ruckman is the Chief Executive Officer of Military Order Of The Purple Heart Service Foundation Inc. The CEO's salary of Military Order Of The Purple Heart Service Foundation Inc is $124,424 and their total compensation is $160,597.
Official website here: www.purpleheartfoundation.org
What is the revenue of Military Order Of The Purple Heart Service Foundation Inc?
Military Order Of The Purple Heart Service Foundation Inc's revenue in 2022 was $20,677,650.
Official website here: www.purpleheartfoundation.org
Who are the executives of Military Order Of The Purple Heart Service Foundation Inc and what are their salaries?
The average compensation at Military Order Of The Purple Heart Service Foundation Inc during 2022 was $65,705. There are 17 employees and 15 volunteers at Military Order Of The Purple Heart Service Foundation Inc.
Here are 16 key members and their salaries (Military Order Of The Purple Heart Service Foundation Inc's CEO's salary is $124,424 and their total compensation is $160,597):
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- Compensation: $124,424
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- Other: $36,173
Official website here: www.purpleheartfoundation.org
Where can I find the form 990 for Military Order Of The Purple Heart Service Foundation Inc?
Military Order Of The Purple Heart Service Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.purpleheartfoundation.org
Learn more at the official website: www.purpleheartfoundation.org
Mission Statement of Military Order Of The Purple Heart Service Foundation Inc
The Military Order of the Purple Heart Service Foundation is a dedicated organization with a mission to enhance the quality of life for Purple Heart recipients and other honorably discharged veterans and their families. Through veteran service grants, the Foundation enables three state departments and their auxiliaries to provide essential services to disabled and needy veterans.
The Military Order of the Purple Heart Service Foundation is committed to making a meaningful difference in the lives of those who have sacrificed so much for our country. By providing grants, the organization empowers the state departments to offer vital services to veterans in need. These services range from medical and financial assistance to housing and employment opportunities. By focusing on the well-being of Purple Heart recipients and other honorably discharged veterans, the Foundation ensures that these brave individuals receive the support they deserve after their military service.
The Military Order of the Purple Heart Service Foundation's mission extends beyond just providing grants. It's about making a lasting impact on the lives of veterans and their families. The grants given by the Foundation enable the state departments to address the unique challenges faced by veterans, offering them the resources and support they need to thrive. In doing so, the Foundation plays a crucial role in helping veterans reintegrate into civilian life and regain their independence.
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Impact
October, 2024
The Military Order of the Purple Heart Service Foundation Inc significantly impacts the lives of Purple Heart recipients and other honorably discharged veterans and their families. By focusing on enhancing their quality of life, the Foundation provides essential support services and resources tailored to meet the unique needs of this community.
Through initiatives such as Veteran Service Grants, the Foundation empowers state departments and their auxiliaries to deliver vital services to disabled and needy veterans. This not only aids in addressing immediate needs but also promotes long-term recovery and improvement in their quality of life. The Foundation's commitment to supporting those who have served fosters a sense of community, dignity, and respect among the veterans, helping them reintegrate into society and thrive post-service.
Based in Annandale, VA, the Foundation's efforts highlight the importance of caring for those who have sacrificed for the nation, ensuring that they receive the recognition and assistance they deserve.
This information is meant to be a general summary of Military Order Of The Purple Heart Service Foundation 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: $6,839
- Gross Receipts: $22,300,182
Assets and Liabilities:
- Total Assets: $2,548,586
- Total Liabilities: $1,378,474
- Net Assets: $1,170,112
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Organization Details
Founding Year
1957
Phone
(703) 256-6139Principal Officer
Stephen L Ruckman
Main Address
PO BOX 49, ANNANDALE, VA, 22003
NTEE Category
Code: W30 - Public benefit
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