Truxtun Foundation Inc

Nonprofit profile at a glance

EIN
335063098
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-N 2025
Location
Franklin, MA, USA
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Counseling, Support Groups

Reported finances

Revenue
$67,948
Expenses
$53,705
Assets
$23,761
Liabilities
$9,518

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • CJ LoConte (President)

People named in this filing

  • CJ LoConte (President)
  • Steph LoConte (Treasure)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Truxtun Foundations primary exempt purpose is to support veterans in their transition from military to civilian life by funding access to peer support and transition programs, building community through education and events, and advancing initiatives that improve post-service

What it reported doing in 2025

Eteran Transition Retreat #1 Hosted a structured, multi-day event bringing together veterans to focus on transition challenges, identity development, and post-service planning.Included facilitated peer discussions and leadership development sessions. Veteran Transition Retreat #2 Conducted a second cohort-based event expanding access to additional veterans.Focused on building high-trust community, providing structured support networks, and equipping participants with tools for reintegration and career navigation. Veteran Community & Education Event #3 Organized a community-based event aimed at connecting veterans with peers, sharing educational resources, and strengthening long-term support networks.Emphasized ongoing engagement and community continuity beyond initial programming. Across all three events, the organization directly supported veterans by fostering peer connection, improving access to transition resources, and strengthening community-based support systems

Operating model

Revenue model
Donor-supported. 99% 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 91
  • Accountability: 29
  • Sustainability: 47
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.3%; rating input score 43
  • Program expense ratio: 56.5%; rating input score 56
  • Fundraising efficiency: $8.52 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 23rd percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • 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: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 43.3% of revenue deployed · 56.5% of spending went to programs
  • Governance: 1 of 2 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $30K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • 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 — Financial Efficiency: Mission deployment rate scored 43/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.