5th Squad EIN 82-2240644

5th Squad

EIN  82-2240644 Public foundation / grantmaker Brandon, MS
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until 5th Squad claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Helps veterans improve their quality of life.
Leadership
Julius Sallie · Board Member
Money in and out
$202K revenue, $208K expenses
Bottom line
77% program efficiency

Helps veterans improve their quality of life. For fiscal year 2024 it reported $202K in revenue, $208K in expenses, and $77K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.11 Fundraising $0.12
Program efficiency
77%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate▼ -38% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -113% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$202K
FY2024▼ -23%
Expenses
$208K
FY2024▲ +3%
Total assets
$78K
FY2024▼ -8%
Total liabilities
$285
FY2024▼ -77%
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$78K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $160K of program spending, described in the organization's own filed words · FY2024.
01

Caring for and empowering all american and allied veterans and their families through veterans in need, support and gratitude, esprit de corps, case management and advocacy, along with veteran and community outreach and education

$160Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C5th Squad
EINHdr · item D82-2240644
Principal addressHdr · item CBrandon, MS
WebsiteHdr · item J5thsquad.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T23)
Ruling yearIRS BMFAug 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
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
Board Member
$0Pt VII · Sec A
See 5th Squad executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$107K · 53%
Other revenue$95K · 47%
Contributions & grants53%$107K
Other revenue47%$95K
Total revenueLn 12$202K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.11 Fundraising $0.12
Program services77%$160K
Management & general11%$23K
Fundraising12%$24K
Total functional expensesLn 25$208K

Balance Sheet

Part X · end of year
CashLn 1$63K
Total assetsLn 16$78K
Total liabilitiesLn 26$285
Total net assetsLn 32$77K
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $63K · Operating expenses (Pt IX) $208K · Less non-cash grants $2K · Cash operating expenses/yr $206K
3.7 months
Where the money goes
Program services
Program services $160K · Total expenses $208K
77%
Management & General
Management & general $23K · Total expenses $208K
11%
Fundraising
Fundraising $24K · Total expenses $208K
12%
Cost to raise $1
Fundraising expense (2-yr avg) $20K · Solicited contributions (2-yr avg) $138K
$0.14 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $107K · Total revenue $202K
53%
Government reliance
Government grants — · Total revenue $202K
Earned-income share
Program service revenue $0 · Total revenue $202K
0%
Investment reliance
Investment income $0 · Total revenue $202K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $208K
0%
Growth & trend
Revenue growth (YoY)
This year $202K · Prior year $262K
-23%
Net-asset trend (YoY)
End of year $77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $202K · Expenses $208K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $78K
Net-asset ratio
Net assets $77K · Total assets $78K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $78K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julius Sallie · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $208K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $53K · Total expenses $208K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 11%
Fundraising cost ratio 23%
Revenue growth -23%
Accounting fee ratio 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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$356
Grants paid · 2 grants · $142K · 2023–2024
Unitemized GrantFY2024$91,368
Unitemized GrantFY2023$50,448

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$202K revenue · viewing · ⤓ 990 PDF
FY2023$262K revenue · ⤓ 990 PDF
FY2022$83K revenue · ⤓ 990 PDF
FY2021$60K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.