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Memorial 3Gun Foundation Inc

Memorial 3Gun Foundation Llc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832246745 ✦ Clarksville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Memorial 3Gun Foundation Inc?

Memorial 3Gun Foundation Inc is a nonprofit organization based in Clarksville, Tennessee, with a heartfelt mission to honor and remember the families of fallen U.S. military personnel. Established with this purpose, the foundation organizes competitive shooting events, where all funds raised during these events directly benefit the families of the fallen soldiers who are honored at each event. The organization's primary focus is on Special Operations soldiers, paying tribute to their valor through the realm of competitive shooting.


Official website here: www.memorial3gun.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Memorial 3Gun Foundation Inc has achieved an 82% rating from Charity Navigator, which indicates a solid performance in accountability and finance. The organization boasts a high Accountability & Finance score of 93%, reflecting strong governance practices. Key highlights include a fully independent board and no material diversion of assets, showcasing their commitment to transparency and ethical management.

In terms of program expenses, the foundation allocates 99.59% of its resources directly to programs, emphasizing its dedication to its mission. The organization’s financial management is further underscored by a liabilities to assets ratio of 0.00%, indicating a strong financial position. Additionally, the foundation has established effective policies, such as conflict of interest and whistleblower protections, which enhance operational integrity.

User feedback regarding the foundation's culture and community involvement is also noteworthy, with a perfect score of 100 in this category. This reflects the organization's strong engagement with its community and its proactive approach to collecting and utilizing feedback. Overall, while the foundation demonstrates robust governance and financial stewardship, ongoing communication with stakeholders will be crucial for sustaining its positive impact.


This AI summary has been generated from information found on Charity Navigator.

Is Memorial 3Gun Foundation Inc legitimate?

Memorial 3Gun Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial 3Gun 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.memorial3gun.com/

What is the mission statement of Memorial 3Gun Foundation Inc?

The Memorial 3Gun Foundation Inc., a non-profit organization, is established with the mission to honor and remember fallen special operations soldiers. They achieve this goal through the realm of competitive shooting. By organizing such events, they raise funds that are then directly distributed to the families of the soldiers who are remembered and honored at these events. The foundation aims to pay tribute to the families of U.S. military personnel who have made the ultimate sacrifice.


Official website here: www.memorial3gun.com/

Who is the CEO of Memorial 3Gun Foundation Inc?

Erik Torres is the President of Memorial 3Gun Foundation Inc.


Official website here: www.memorial3gun.com/

What is the revenue of Memorial 3Gun Foundation Inc?

Memorial 3Gun Foundation Inc's revenue in 2022 was $547,078.


Official website here: www.memorial3gun.com/

Who are the executives of Memorial 3Gun Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Erik Torres (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryce Laemellen (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Disalvo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.memorial3gun.com/

Where can I find the form 990 for Memorial 3Gun Foundation Inc?

Memorial 3Gun Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.memorial3gun.com/

Learn more at the official website: www.memorial3gun.com/

Mission Statement of Memorial 3Gun Foundation Inc

Memorial 3Gun Foundation, a non-profit organization, was established with a mission to remember, honor, and memorialize fallen Special Operations soldiers. The foundation achieves this through the realm of competitive shooting. By hosting events that raise funds, Memorial 3Gun Foundation directly supports the families of the fallen soldiers who are honored at these events. The organization's activities serve as a tribute, paying respect to the brave men and women who have made the ultimate sacrifice while serving their country.

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Impact




July, 2024

Memorial 3Gun Foundation Inc has a significant impact on honoring and memorializing fallen special operations soldiers through the world of competitive shooting. By organizing competitive shooting events, this organization raises funds that directly benefit the families of fallen soldiers. This initiative not only pays tribute to these brave individuals but also provides tangible support to their loved ones in a unique and meaningful way. Through their mission, Memorial 3Gun Foundation Inc plays a vital role in remembering and honoring the sacrifice of these men and women who have served in the U.S. military.




This information is meant to be a general summary of Memorial 3Gun 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.

Revenue
$547,078 (2022)
Expenses
$520,832 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $632,511

Assets and Liabilities:

  • Total Assets: $104,127
  • Total Liabilities: $0
  • Net Assets: $104,127

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Organization Details

Founding Year

2018

Principal Officer

Erik Torres

Main Address

1041 STEEL SPRINGS, CLARKSVILLE, TN, 37040

NTEE Category

Code: P99 - Human services

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