Folds of Honor

100%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

Folds of Honor

Is this your nonprofit?

501(c)(3) organization

Deductibility of donations depends on various factors

http://www.foldsofhonor.org/

Department #13

Tulsa OK 74182

918-274-4700

Tulsa OK | IRS ruling year: 2016 | EIN: 75-3240683

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

Since 2007, the Folds of Honor has carried forth this singular, noble mission: to provide educational scholarships to spouses and children of America's fallen and di ...

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Rating Information

Great

This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings

Accountability & Finance

Score

100

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 91% independent members

6 out of 6 points

Independent Board Size - 11 independent members

6 out of 6 points

Financial Statements - Audit and Oversight Committee

12 out of 12 points

Total Revenue Amount	Expectation to Receive Credit
$2 million or higher and 40% or higher donor support	Expected to complete an audit and have an audit oversight committee
$1 million or higher	Expected to complete an audit
$500,000 - $1 million	Expected to complete an audit, review, or compilation
Less than $500,000	No expectation (removed from scoring methodology)

Material Diversion of Assets - None

12 out of 12 points

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

3 out of 3 points

Conflict of Interest Policy - Listed

5 out of 5 points

Whistleblower Policy - Listed

5 out of 5 points

Document Retention and Destruction - Listed

5 out of 5 points

Documents Board Meeting Minutes - Yes

3 out of 3 points

Compensates Board - No

5 out of 5 points

Tax Form Distributed to Board Before Filing - Listed

3 out of 3 points

Loans to/from Officers - None

5 out of 5 points

Reports CEO and Compensation on Tax Form - Listed

5 out of 5 points

CEO Compensation Process - Listed

5 out of 5 points

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Listed

5 out of 5 points

Audit Posted on Nonprofit's Website - Listed

5 out of 5 points

Staff Members Listed on Nonprofit's Website - Listed

3 out of 3 points

Board Members Posted on Nonprofit's Website - Listed

5 out of 5 points

Donor Privacy Policy Posted on Nonprofit's Website - Listed

2 out of 2 points

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 15.59%

25 out of 25 points

Program Expense: Ratio - 90.54%

25 out of 25 points

Fundraising Efficiency: Ratio - $0.04

25 out of 25 points

Working Capital: Ratio - 2.01 years

25 out of 25 points

Additional Information

Total Revenue and Expenses - Data Available

Salary of Key Persons - Data Available

IRS Published Data (Business Master File) - Data Available

Data Sources (IRS Forms 990) - Data Available

Date Published	Overall Rating
6/1/2021
4/1/2020
4/1/2019
5/1/2018
12/1/2017
10/1/2017
This organization received multiple star ratings within this fiscal year, due to an update to its Accountability and Transparency data and/or the receipt of an amended Form 990.
7/1/2017