Provide transitional housing for homeless female veterans and their childern.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 135 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $14K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $42K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$50K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$554K
+47% vs prior year
Spent
$404K
To programs
93%
Net assets
$472K
By yearFY2020–FY2024
Revenue
$554K
FY2024▲ +47%
Tap a bar for its year
Revenue by fiscal year
FY2020$491K
FY2021$394K
FY2022$397K
FY2023$378K
FY2024$554K
Expenses
$404K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$475K
FY2021$523K
FY2022$517K
FY2023$363K
FY2024$404K
Net assets
$472K
FY2024▲ +46%
Tap a bar for its year
Net assets by fiscal year
FY2020$557K
FY2021$427K
FY2022$308K
FY2023$323K
FY2024$472K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $377K Management & general 7% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Marry Ann Cannon’s $52K as Executive Director is at the 42nd percentile of top reported officer pay among 852 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Robert Steere$26,812$81,913$93,079
Marry Ann Cannon$52,500——
Jaspen Boothe—$18,750$21,875

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Final Salute Incorporated executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers safe housing and support for homeless women veterans and their children.

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Provided by the organization

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3 programs · $377K · in their own filed words · FY2024
01

H.O.M.E. & S.A.F.E. The H.O.M.E. Program provides transitional housing, on-site case management, food, clothing, transportation, childcare subsidy/assistance, employment support, and other essential support services to homeless women Veterans and their children. In 2024, 1,080 transitional housing days were provided.

$281Kprogram expense
02

Ms. Veteran America is Final Salute Inc.'s largest awareness campaign for its mission, programs, and services. MS Veteran America culminates in the organization's annual flagship event, the Ms. Veteran America competition, where an Ambassador is selected to represent the organization as a community spokesperson and advocate.

$96Kprogram expense
03

The Next Uniform Program provides support for women veterans and military women in transition to the civilian workforce. Final Salute Incorporated provides free of charge Professional Business Attire, Dress-Shoes, Accessories, Make-Overs, Image-Consulting, and Professional Headshots.

Pt IX · col B

Funders

Who pays for it.

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 4 funders$42K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$554K
Ln 12
Gifts and grantsLn 1h$554K
Money outPt IX
$404K
Ln 25
Programscol B$377K
Managementcol C$27K
Owns and owesPt X
$472K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$522K
LiabilitiesLn 26$50K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$554K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$554K
Assets in detailPt X, end of year
CashLn 1$120K
Cash and savings togetherLn 1–2$120K
Land, buildings, equipmentLn 10c$402K
Total assetsLn 16$522K
LiabilitiesLn 26$50K
Net assetsLn 32$472K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6135
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$32K$120K
Land, buildings, equipmentLn 10c$421K$402K
Total assetsLn 16$458K$522K
LiabilitiesLn 26$135K$50K
Net assetsLn 32$323K$472K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$14K$14K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$23K$14K$8K
TravelLn 17$77K$77K
Depreciation, depletion and amortizationLn 22$19K$19K
InsuranceLn 23$7K$5K$2K
Other expenses (24a–d)Ln 24$250K$250K$0$0
Total functional expensesLn 25$404K$377K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $554K$404K$149K$472K 990 PDF
FY2023 $378K$363K$14K$323K 990 PDF
FY2022 $397K$517K−$120K$308K 990 PDF
FY2021 $394K$523K−$129K$427K 990 PDF
FY2020 $491K$475K$16K$557K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $553,588 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $377,556$553,588
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $377,556$553,588
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $363,326$404,244
I-18 Total expensesPrior year $363,326$404,244
I-19 Revenue less expensesPrior year $14,230$149,344
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $553,588 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$553,588
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$553,588
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$553,588
Part IX · Statement of functional expenses $404,244 across 8 lines filed
IX-11c Accounting feesManagement $13,828$13,828
IX-11g Other fees for servicesManagement $3,153$3,153
IX-12 Advertising and promotionPrograms $11,663$11,663
IX-13 Office expensesPrograms $14,194 · Management $8,500$22,694
IX-17 TravelPrograms $77,409$77,409
IX-22 Depreciation, depletion and amortizationPrograms $19,115$19,115
IX-23 InsurancePrograms $4,769 · Management $1,806$6,575
IX-24 Other expenses (24a–d)Programs $249,807 · Management $0 · Fundraising $0$249,807
IX-25 Total functional expensesPrograms $376,957 · Management $27,287 · Fundraising $0$404,244
Part X · Balance sheet $522,182 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $31,928$119,866
X-9 Prepaid expenses and deferred chargesStart of year $4,769$0
X-10c Land, buildings and equipment, netStart of year $421,431$402,316
X-16 Total assetsStart of year $458,128$522,182
X-17 Accounts payable and accrued expensesStart of year $25,218$6,220
X-18 Grants payable$0
X-19 Deferred revenue$0
X-20 Tax-exempt bond liabilities$0
X-24 Unsecured notes and loans payable$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $135,186$49,896
X-32 Total net assets or fund balancesStart of year $322,942$472,286
X-33 Total liabilities and net assetsStart of year $458,128$522,182
Part XI · Reconciliation of net assets $472,286 net assets at year end
XI-1 Total revenue$553,588
XI-2 Total expenses$404,244
XI-3 Revenue less expenses$149,344
XI-4 Net assets at start of year$322,942
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$472,286

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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