Combat Warriors FY2021 filing

Carthage, NC · Public charity (501(c)(3)) · Public & Societal Benefit

✓ Tax-deductible Latest data FY2021
Revenue
$256K
▲ +9% vs prior year
Spent
$198K
To programs
47%
Net assets
$423K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Fidelity Investments Charitable Gift Fund
$45K in the latest grant year.
Spent on programs?
47% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +9% vs prior year
Legal name (IRS)Hdr · item CCombat Warriors
EINHdr · item D45-5409315
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2013
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CCarthage, NC
NTEE classificationIRS BMFPublic & Societal Benefit (W30)
WebsiteHdr · item Jwww.combatwarriorsinc.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.47 Management & general $0.26 Fundraising $0.27
Program services47%$93K
Management & general26%$51K
Fundraising27%$54K
Total functional expensesLn 25$198K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$256K
FY2021▲ +9%
Expenses
$198K
FY2021▼ -6%
Program efficiency
47%
of spending reaches programs
Operating runway
24.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$423K
FY2021▲ +16%
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$423K
Program-expense ratioPt IX · col B47%
Voting members of governing bodyPt I · Ln 354
Independent voting membersPt I · Ln 454

Balance Sheet

Part X · end of year
CashLn 1$412K
Total assetsLn 16$423K
Total liabilitiesLn 26$0
Total net assetsLn 32$423K
Months of cash on handcomputed24.9

Statement of Revenue

Part VIII
Contributions & grants100%$256K
Investment income$209
Total revenueLn 12$256K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $412K · Operating expenses/yr $198K
24.9 months
Where the money goes
Program services
Program services $93K · Total expenses $198K
47%
Management & General
Management & general $51K · Total expenses $198K
26%
Fundraising
Fundraising $54K · Total expenses $198K
27%
Cost to raise $1
Fundraising expense (2-yr avg) $39K · Solicited contributions (2-yr avg) $238K
$0.16 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $256K · Total revenue $256K
100%
Government reliance
Government grants — · Total revenue $256K
—
Earned-income share
Program service revenue $0 · Total revenue $256K
0%
Investment reliance
Investment income $209 · Total revenue $256K
+0.08%
Program self-sufficiency
Program service revenue $0 · Total expenses $198K
0%
Growth & trend
Revenue growth (YoY)
This year $256K · Prior year $234K
+9%
Net-asset trend (YoY)
End of year $423K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $256K · Expenses $198K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $423K
—
Net-asset ratio
Net assets $423K · Total assets $423K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $423K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bill Warren · Reported title President/Treasurer · Highest reported compensation $0 · Total expenses $198K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $198K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 47%——
Overhead ratio 26%——
Fundraising cost ratio 21%——
Revenue growth 9%——
Accounting fee ratio 1%——
Fundraising fee ratio 27%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Combat Warriors executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a54
Independent voting membersPt VI · Ln 1b54
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports veterans and families with outdoor activities and financial aid to honor their service.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $43K of program spending, described in the organization's own filed words · FY2021.
01

East Texas chapter provided emotional support to wounded and/or disabled veterans and their families through outdoor activities such as fishing and hunting. The Deer Hunt provided warriors with cleaning, and processing the meat from the game they shot.

$25Kprogram expense
02

Lake Tacoma chapter closed in 2021 but not before they received donations from 4 individuals and companies of 4 amazing items to raffle off. Two knives, deer feeder, and a smoker. This help with them providing fishing and golf tournaments to wounded and/or disabled veterans as well as a wild hog hunt that was open to their families as…

$17Kprogram expense
03

NC chapter usually provides various types of hunts for wounded and/or disabled veterans and their families. However, this past year they held a fundraisers that turned out to be quite successful. They used some of those funds to provide their next most successful event. A fishing tournament at the outer banks of NC.

$679program expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$45K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $335K$394K-13% 990 PDF
FY2023 $387K$318K+38% 990 PDF
FY2022 $281K$303K+10% 990 PDF
FY2021 Viewing $256K$198K+9% 990 PDF
FY2020 $234K$212K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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