Team American Freedom Corp

Nonprofit profile at a glance

EIN
931610257
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
St Petersburg, FL, USA
Phone
8137502228
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$348,613
Expenses
$452,970
Assets
$15,899
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • SCOTT NEIL (DIRECTOR)
  • TYLOR NEIL (DIRECTOR)
  • CHARLIE NOVOTHY (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Team american freedom was founded to develop an engaging and committed network focused on the welfare of our veterans. We are an organization born from the legacy of former special forces operators. Our team, bolstered by years of special forces experience, exhibits the tenacity and the strategic prowess integral to our operations here at team american freedom. Our mission is to provide an innovative array of services, from orchestrating outdoor decompression events to fostering robust networking opportunities, all tailored to address the critical needs of our veterans and their families and focused on the reintegration of service members back into their communities. We curate resources, diligently keeping them up- to-date, ensuring they align with the evolving landscape of our veterans' requirements. Our commitment to reaching these principles is unwavering: we serve those who have valiantly served us, by fostering a supportive community that perpetually strives to enhance the quality

What it reported doing in 2024

Special events to remember and honor the bravery, sacrifice, and determiation of veteran's service. Spirit of normandy - special event 01 the spirit of normandy is a team american freedom initiative built to share normandy's experience with a greater audience in the united states. Our focus is nested with the veteran community and their families as well as young members of our society ranging from the ages of 16-24 (high school & college years). We provide lodging accommodations in the normandy region where rotating members of the aforementioned focus groups can stay, operate, and understand the profound sacrifices endured by our service members and the allied forces throughout world war ll. The unity and camaraderie built through the shared respect and experiences are close to impossible to explain in words. A bright fire has been lit to increase this shared awareness with anyone and everyone i can with one simple goal, to remember. Passing the baton - special event 02 the passing of the baton is an educational initiative built to successfully preserve the experiences and sacrifices of our wwll service members. We will reach our current transitioning service members and their families along with our high school and college student members through educational, participatory events, and normandy anniversary experiences. The intent is to create a revived participation with our younger generational members. The follow on mission - special event 03 to this day, there are approximately 72,000 missing personnel with over 1400 unaccounted for in france since wwll. The follow on mission initiative in france is our attempt to uncover the locations of our service members in france. We aim to work with dpaa in structured recovery operations throughout the battlefields of france.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 23
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -29.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $453K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.