Troops First Foundation Incorporated

Nonprofit profile at a glance

EIN
263494079
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Mount Airy, MD, USA
Phone
3017983723
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$1,539,337
Expenses
$3,169,924
Assets
$8,699,578
Liabilities
$39,952

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

Leadership & pay

10 people listed

Executive titles in this filing

  • RICHARD C KELL (CHIEF EXECUTIVE DIRECTOR)

Highest reported compensation

  • RICHARD C KELL (CHIEF EXECUTIVE DIRECTOR): $196,914 total reported compensation
  • FRANK LARKIN (CHIEF OPERATING OFFICER): $161,141 total reported compensation
  • LINDSEY KELL-WEAVER (CHIEF FINANCIAL OFFICER): $109,946 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 develop, operate, and support a synergistic group of wellness, quality of life, and event-based initiatives in support of today's combat-wounded military personnel and their families, while facilitating a greater recognition and enhanced understanding of their relevant needs.

What it reported doing in 2024

Leroy petry village of honor: most often when a warrior is severely wounded in combat, a protracted recovery process begins. There are many stages in the recovery process, and each recovery is unique to the individual warrior. However, all must go through a medical evaluation known as the med board. This usually starts when most medical procedures are complete and therapeutic services are well underway. The med board can take from nine months to almost two years. This is when many warriors most often need and seek additional housing options. In an effort to continue with the foundation's mission of developing relevant initiatives to assist warriors with reintegrating back to civilian life, the leroy petry village of honor has been built. This is a transitional housing program that consists of seven single family accessible homes. These homes are available for a one to two year period to warriors and their families who are transitioning out of the military after injuries sustained in combat.warrior call ranch: as the warrior call initiative grows through in-person and virtual engagements, individualized responses providing various types of assistance and the planned launch of national warrior call day, the foundation has established yet another viable resource under the warrior call umbrella the warrior call ranch.the warrior call ranch is a six-bedroom, 10,500 square foot facility located in mount airy, Maryland on 35 mostly wooded acres. It is approximately one hour from baltimore and the nation's capital. The ranch is a perfect setting for the foundation to host warrior retreats, warrior family getaways and summits for both active duty personnel and veteran groups that expand our bandwidth and outreach objectives.it is important to understand the warrior call ranch will provide a safe, relaxing, non-judgmental environment where all guests can "catch their breath."

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 79
  • Accountability: 69
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 65%; rating input score 65
  • Fundraising efficiency: $8.46 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 17th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -105.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 2.74; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 14.8%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 18.7% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 65% of spending went to programs
  • Governance: 7 of 9 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $197K · 10 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.