Travis Manion Foundation

Nonprofit profile at a glance

EIN
412237951
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Doylestown, PA, USA
Phone
(215) 348-9080
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$14,719,109
Expenses
$13,506,721
Assets
$13,437,485
Liabilities
$733,588

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

Leadership & pay

25 people listed

Executive titles in this filing

  • RYAN MANION (PRESIDENT OF TMF, DIRECTOR)
  • AMY LOONEY-HEFFERNAN (VICE PRESIDENT OF TMF)

Highest reported compensation

  • RYAN MANION (PRESIDENT OF TMF, DIRECTOR): $256,382 total reported compensation
  • JOSH JABIN (CHIEF OPERATING OFFICER): $206,036 total reported compensation
  • AMY LOONEY-HEFFERNAN (VICE PRESIDENT OF TMF): $182,923 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To empower veterans and families of the fallen to develop character in future generations.

What it reported doing in 2024

COMMUNITY ENGAGEMENT BY VETERANS AND FAMILIES OF THE FALLEN: TMF VOLUNTEERS SHARE THE LEGACY OF CHARACTER OF FALLEN HEROES THROUGH ORGANIZING COMMUNITY SERVICE PROJECTS THAT UNITE VETERANS, SURVIVORS, YOUNG ADULTS, AND INSPIRED CIVILIANS TO ADDRESS THEIR COMMUNITY'S GREATEST NEED. OPERATION LEGACY SERVICE PROJECTS ARE EXECUTED THROUGHOUT THE YEAR WITH FOCUSED CAMPAIGNS IN MAY, AUGUST, NOVEMBER AND APRIL. OPERATION LEGACY ACTIVATED 7,848 PARTICIPANTS TO SERVE IN FY24. THESE CAMPAIGNS INCLUDED ACTIVATING SPARTAN MEMBERS TO VISIT FALLEN HEROES ON MEMORIAL DAY THROUGH "THE HONOR PROJECT", A BACK-TO-SCHOOL DAY OF CHARACTER AND SERVICE DURING AUGUST, AND OTHER SERVICE PROJECTS AROUND VETERANS DAY AND MLK DAY. TMF ALSO ACTIVATES COMMUNITIES THROUGH A NATIONAL 5K RACE SERIES, THE 9/11 HEROES RUN. IN 2024, 100 LOCATIONS HOSTED RUNS WITH 60,000 PARTICIPANTS HONORING THE HEROES OF 9/11 AND THE WARS SINCE. SERVICE DURING AUGUST, AND OTHER SERVICE PROJECTS AROUND VETERANS DAY AND MLK DAY. TMF ALSO ACTIVATES COMMUNITIES THROUGH A NATIONAL 5K RACE SERIES, THE 9/11 HEROES RUN. IN 2024, 100 LOCATIONS HOSTED RUNS WITH 60,000 PARTICIPANTS HONORING THE HEROES OF 9/11 AND THE WARS SINCE. Additionally, TMF hosted the "Manion Workout of the Day ("WOD")" on the anniversary of Travis Manion's ultimate sacrifice, activating 4,000 participants and 300 gyms, CrossFit boxes, and GORUCK clubs. Veterans and Families of the Fallen develop strong relationships and feel a sense of purpose by being involved members in TMF's 40 national chapters participating in TMF service & athletic events throughout the year.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 78
  • Accountability: 97
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.7%; rating input score 80
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: $11.71 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 85.7%; rating input score 86; 18th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.7%; rating input score 95; 28th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.2%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 7.9%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 14.4% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 91st percentile among comparable filings

Details

  • What they do: 11 programs and campaigns described on the official site · 5 operating locations identified
  • Where the money goes: 79.7% of revenue deployed · 85.8% of spending went to programs
  • Governance: 18 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $11.6M in reported program spending
  • Leadership: top reported pay $256K · 25 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $399K reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.