American Interiors Chapter EIN 85-3479680

American Interiors Chapter

EIN  85-3479680 Public charity (501(c)(3)) Toledo, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides educational scholarships for families of service members killed or wounded in action.
Leadership
Steven Essig · President
Money in and out
$478K revenue, $491K expenses
Bottom line
94% program efficiency

Provides educational scholarships for families of service members killed or wounded in action. For fiscal year 2024 it reported $478K in revenue, $491K in expenses, and $260K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program efficiency
94%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -115% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$478K
FY2024▼ -33%
Expenses
$491K
FY2024▼ -15%
Total assets
$260K
FY2024▼ -5%
Total liabilities
$0
FY2024
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$491K
Pt IX · Ln 25
Net assets
$260K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$13K
Total assetsPt X · Ln 16$260K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $460K of program spending, described in the organization's own filed words · FY2024.
01

During 2023 the organization supported the national chapter of folds of honor and another nonprofit organization that shares a common exempt purpose.

$460Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAmerican Interiors Chapter
EINHdr · item D85-3479680
Principal addressHdr · item CToledo, OH
WebsiteHdr · item Jfoldsofhonor.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFDec 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Outgoing Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See American Interiors Chapter executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$456K · 95%
Other revenue$23K · 5%
Contributions & grants95%$456K
Other revenue5%$23K
Total revenueLn 12$478K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06 Fundraising $0.00
Program services94%$460K
Management & general6%$30K
Fundraising$2K
Total functional expensesLn 25$491K

Balance Sheet

Part X · end of year
CashLn 1$260K
Total assetsLn 16$260K
Total liabilitiesLn 26$0
Total net assetsLn 32$260K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $260K · Operating expenses (Pt IX) $491K · Less non-cash grants $7K · Cash operating expenses/yr $484K
6.4 months
Where the money goes
Program services
Program services $460K · Total expenses $491K
94%
Management & General
Management & general $30K · Total expenses $491K
6%
Fundraising
Fundraising $2K · Total expenses $491K
0.3%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $653K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $456K · Total revenue $478K
95%
Government reliance
Government grants — · Total revenue $478K
Earned-income share
Program service revenue $0 · Total revenue $478K
0%
Investment reliance
Investment income $0 · Total revenue $478K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $491K
0%
Growth & trend
Revenue growth (YoY)
This year $478K · Prior year $713K
-33%
Net-asset trend (YoY)
End of year $260K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $478K · Expenses $491K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $260K
Net-asset ratio
Net assets $260K · Total assets $260K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $260K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Steven Essig · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $491K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $491K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0.3%
Revenue growth -33%
Accounting fee ratio 1%

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 · FY2024
See all 4 funders →
Grants paid · 5 grants · $1.3M · 2022–2024
Folds of Honor FoundationOK · FY2024$435,000
Veteran Golfers AssociationNC · FY2024$25,000
Folds of Honor FoundationOK · FY2023$500,000
My Summer Home FoundationFY2023$25,000
Folds of Honor FoundationOK · FY2022$350,000

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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)$478K revenue · viewing · ⤓ 990 PDF
FY2023$713K revenue · ⤓ 990 PDF
FY2022$443K revenue · ⤓ 990 PDF

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Sources

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