Special Forces Foundation FY2023 filing

Tax-deductible

Flower Mound, TX501(c)(3)Since 2016Foundations & GrantmakersEIN 81-4529349

The special forces foundation provides immediate and ongoing support to the special forces community and their families.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
5 of 7
years in the black
Pt I · Ln 19 · 7 filings
How much reaches the programs?
99%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
2 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
13
named funders · $224K
Funders’ Sch. I, 990-PF
Do they carry debt?
$103K
liabilities
Pt X · Ln 26
Who oversees it?
2
independent of 2 voting board members
Pt VI · Ln 1a–1b
Revenue
$980K
-4% vs prior year
Spent
$894K
To programs
99%
Net assets
$44K
By yearFY2019–FY2025
Revenue
$980K
FY2023▼ -4%
Revenue by fiscal year
FY2019$824K
FY2020$765K
FY2021$863K
FY2022$1.0M
FY2023$980K
FY2024$1.6M
FY2025$1.6M
Expenses
$894K
FY2023▼ -39%
Expenses by fiscal year
FY2019$507K
FY2020$734K
FY2021$813K
FY2022$1.5M
FY2023$894K
FY2024$1.5M
FY2025$1.7M
Net assets
$44K
FY2023▲ +205%
Net assets by fiscal year
FY2019$318K
FY2020$348K
FY2021$402K
FY2022−$42K
FY2023$44K
FY2024$125K
FY2025$46K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

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?
Yes — filed FY2025
Legal name (IRS)Hdr · item CSpecial Forces Foundation
EINHdr · item D81-4529349
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2017
Year of formationHdr · item L2016
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CFlower Mound, TX
NTEE classificationIRS BMFFoundations & Grantmakers (T12)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Fundraising $0.01
Program services99%$883K
Fundraising1%$11K
Total functional expensesLn 25$894K

Financial health

Is it on solid ground?

Program efficiency
99%
of spending reaches programs
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$147K
FY2023▲ +143%
Total assets by fiscal year
FY2019$330K
FY2020$584K
FY2021$526K
FY2022$60K
FY2023$147K
FY2024$326K
FY2025$261K
Total liabilities
$103K
FY2023▲ +0.7%
Total liabilities by fiscal year
FY2019$12K
FY2020$236K
FY2021$124K
FY2022$102K
FY2023$103K
FY2024$201K
FY2025$216K
Revenue less expensesPt I · Ln 19$86K
Total assetsPt X · Ln 16$147K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$129K
Total assetsLn 16$147K
Total liabilitiesLn 26$103K
Total net assetsLn 32$44K
Months of cash on handcomputed1.7

Statement of Revenue

Part VIII
Contributions & grants100%$980K
Total revenueLn 12$980K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $129K · Operating expenses/yr $894K
1.7 months
Where the money goes
Program services
Program services $883K · Total expenses $894K
99%
Management & General
Management & general $0 · Total expenses $894K
0%
Fundraising
Fundraising $11K · Total expenses $894K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $781K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $980K · Total revenue $980K
100%
Government reliance
Government grants — · Total revenue $980K
—
Earned-income share
Program service revenue $0 · Total revenue $980K
0%
Investment reliance
Investment income $0 · Total revenue $980K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $894K
0%
Growth & trend
Revenue growth (YoY)
This year $980K · Prior year $1.0M
-4%
Revenue CAGR
FY2019 $824K · FY2023 $980K
+4%
Net-asset trend (YoY)
End of year $44K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $980K · Expenses $894K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $147K
—
Net-asset ratio
Net assets $44K · Total assets $147K
30%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $147K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alexandra Garza ESQ · Reported title CO-FOUNDER · Highest reported compensation $0 · Total expenses $894K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $20K · Total expenses $894K
2%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 0%——
Fundraising cost ratio 1%——
Revenue growth -4%——
Legal fee ratio 0.3%——

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

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Member of Th
$0Pt VII · Sec A
See Special Forces Foundation executive salaries →

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Governance & Policies

Part VI
  • 2Voting board membersPt VI · Ln 1a
  • 2Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports Special Forces members and their families with immediate and ongoing aid.

Provided by the organization

This section is blank until Special Forces Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $372K of program spending, described in the organization's own filed words · FY2023.
01

Gold star family support for those who have made the ultimate sacrifice, we provide immediate financial assistance to the surviving family to help cover costs associated with dignified transfer of remains and memorial services, as well as travel expenses for the immediate and extended family with the goal of maintaining long term support…

$206Kprogram expense
02

Warrior and family support to help warriors and their families meet the demands of their high stress environment, we provide programs that contribute to the maintenance of the mind and body, and, provide acute and ongoing support in resolving psychological, emotional and relationship issues before they become chronic.

$134Kprogram expense
03

Tragedy assistance and wounded support when a specail forces member is injured or becomes ill, we provide immediate financial and logistical support so the service members focus can be on healing. We also provide support for the warrior who suffers the loss of a family member.

$32Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 28 grants · $3.5M · 2019–2025
Unitemized GrantFY2025$391,558
Unitemized GrantFY2025$226,954
Unitemized GrantFY2025$84,135
Unitemized GrantFY2025$83,847
Unitemized GrantFY2025$5,000
Unitemized GrantFY2025$2,323
Unitemized GrantFY2024$240,970
Unitemized GrantFY2024$167,340
Unitemized GrantFY2024$93,631
Unitemized GrantFY2024$54,874
Unitemized GrantFY2024$23,641
Unitemized GrantFY2023$94,957
Unitemized GrantFY2023$84,925
Unitemized GrantFY2023$48,824
Unitemized GrantFY2023$36,755
Unitemized GrantFY2023$32,121
Unitemized GrantFY2022$489,103
Unitemized GrantFY2022$136,611
See all 28 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $1.6M$1.7M+0.5% 990 PDF
FY2024 $1.6M$1.5M+60% 990 PDF
FY2023 Viewing $980K$894K-4% 990 PDF
FY2022 $1.0M$1.5M+18% 990 PDF
FY2021 $863K$813K+13% 990 PDF
FY2020 $765K$734K-7% 990 PDF
FY2019 $824K$507K 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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