Captain Connor J Bednarzyk USA Memorial Fund
Nonprofit profile at a glance
- EIN
- 842219594
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2022, Form 990-EZ 2025, Form 990-N 2021
- Location
- Doylestown, PA, USA
- Phone
- 2158508791
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $86,325
- Expenses
- $63,181
- Assets
- $57,991
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- THOMAS CORRIGAN (PRESIDENT)
People named in this filing
- THOMAS CORRIGAN (PRESIDENT)
- KEVIN BEDNARZYK (VICE PRESIDE)
- MICHAEL GLEASON (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our focus is to encourage and assist individuals including, but not limited to, those who will serve, are serving, or have served our country by enlisting in the armed forces of the united states while also aiming to motivate and instill leadership qualities in those same individuals in the memory of connor j. Bednarzyk.
What it reported doing in 2025
The purposes of the foundation will include the implementation of programs, projects, and strategies to provide high school scholarships, grants to other nonprofit corporations aiding veterans with ptsd, and offer support to those participating in ranger training phases.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.5%; rating input score 65
- Program expense ratio: 89%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.8%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.7% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 16.6% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 65.5% of revenue deployed · 89% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.