Honor Our Marines Inc
Nonprofit profile at a glance
- EIN
- 900357236
- IRS 990-EZ coverage
- 2013–2018
- Forms available
- Form 990-EZ 2018
- Location
- Jacksonville, NC, USA
- Phone
- 9135220074
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $86,696
- Expenses
- $92,305
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- LT COL WILLIAM RASGORSHEK (EXECUTIVE DIRECTOR)
People named in this filing
- COL STEPHEN WENRICH (CHAIRMAN)
- CWO5 VERNADEL GREEN (ASST CHAIRMAN / ASST ED)
- LT COL WILLIAM RASGORSHEK (EXECUTIVE DIRECTOR)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Honor our marines, inc for charitable reasons, utilized financial and personnel support to honor armed forces service members through memorials and ceremonial events while supporting their family members with scholarships and donations.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.6%; rating input score 18
- Program expense ratio: 16.5%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -6.5%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 17.3%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -3.7% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 35th percentile among comparable filings
Details
- Where the money goes: 17.6% of revenue deployed · 16.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2013 to 2018
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.