Civic Intelligence

The Special Forces Charitable Trust

990 • Fiscal year 2020 • EIN 27-4209721

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 04, 2021

PO Box 53Southern Pines, NC 28388

(910) 725-7034

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.08x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.06x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2020

Net Margin

78th percentile

45%

Higher net margin than 78% of similar nonprofits.

2020 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$143,269

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2020 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$1,501,368

Up $328,432 (+28%) from 2016

Net Assets

Up

$1,383,727

Up $386,083 (+39%) from 2016

Liabilities

Down

$117,641

Down $57,651 (-33%) from 2016

Revenue

Down

$1,945,967

Down $14,252 (-0.7%) from 2016

Expenses

Down

$1,064,121

Down $1,149,883 (-52%) from 2016

Net Income

Up

$881,846

Up $1,135,631 (+447%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $124,928Liabilities 2011: $21,534Net Assets 2011: $103,3942011Assets 2016: $1,172,936Liabilities 2016: $175,292Net Assets 2016: $997,6442016Assets 2020: $1,501,368Liabilities 2020: $117,641Net Assets 2020: $1,383,7272020Assets 2021: $2,361,539Liabilities 2021: $18,157Net Assets 2021: $2,343,3822021Assets 2022: $2,853,897Liabilities 2022: $200,334Net Assets 2022: $2,653,5632022Assets 2023: $3,512,650Liabilities 2023: $290,577Net Assets 2023: $3,222,0732023Assets 2024: $3,633,240Liabilities 2024: $223,001Net Assets 2024: $3,410,2392024

Highlighted filing

2020

Assets$1,501,368
Liabilities$117,641
Net Assets$1,383,727

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $182,3572011Revenue 2016: $1,960,219Expenses 2016: $2,214,004Net Income 2016: -$253,7852016Revenue 2020: $1,945,967Expenses 2020: $1,064,121Net Income 2020: $881,8462020Revenue 2021: $3,347,524Expenses 2021: $2,408,883Net Income 2021: $938,6412021Revenue 2022: $3,981,390Expenses 2022: $3,671,210Net Income 2022: $310,1802022Revenue 2023: $5,109,394Expenses 2023: $4,540,899Net Income 2023: $568,4952023Revenue 2024: $5,048,990Expenses 2024: $4,868,768Net Income 2024: $180,2222024

Highlighted filing

2020

Revenue$1,945,967
Expenses$1,064,121
Net Income$881,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 4, 2021
Return Version
2020v4.1
Gross Receipts
$2,347,575
Mission and Program Overview

Mission

To serve past and present us army special forces soldiers and their families through direct service programs such as scholarships, veteran assistance, transition programs and family support services.

To serve past and present u.s. Army special forces soldiers and their families through direct service programs such as scholarships, veteran assistance, transition programs and family support

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$377,791$1,308,618▲ $930,827
Pledges and Grants Receivable$93,155--
Prepaid Expenses and Deferred Charges$58,544--
Savings and Temporary Cash Investments$97,868$43,197▼ $54,671
Land, Buildings, and Equipment, Net$3,944$5,534▲ $1,590
Accounts Receivable$250$4,718▲ $4,468
Total Assets$638,756$1,501,368▲ $862,612
Other Assets Total$7,204$139,301▲ $132,097
Liabilities
Unsecured Notes Loans Payable-$95,891-
Deferred Revenue$53,786--
Accounts Payable and Accrued Expenses$83,089$21,750▼ $61,339
Total Liabilities$136,875$117,641▼ $19,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$433,726$1,352,022▲ $918,296
Net Assets With Donor Restrictions$68,155$31,705▼ $36,450
Total Net Assets Fund Balance$501,881$1,383,727▲ $881,846
Total Liabilities and Net Assets / Fund Balance$638,756$1,501,368▲ $862,612

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,534$17,596$23,130
Other Assets Org$90,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David GuernseyExecutive Director - 1/1-9/30FT$143,269$143,269
Jodi BurnsExecutive Director - 10/1-12/31FT$105,577$105,577

Board Members and Trustees

NameTitle
Terry EnglishPresident
Bennet SacolickVice President
Chad FaulknerDirector
David CoffeyDirector
Fred DummarDirector
Kevin CrawfordDirector
Paul TheofanousDirector
Phil VottieroDirector
Richard SteinerDirector
Ronnie MccannDirector
Wade OwensDirector
Mike MikaSecretary
Chip HastyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,771,587
Program Service Revenue
$0
Investment Income
$-1,069
Other Revenue
$175,449
All Other Contributions
$463,963
Change in Net Assets
$881,846

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,945,967
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,945,967
Total Revenue per Form 990
$1,945,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$526,595
Grants and Similar Amounts Paid$278,395
Other Expenses$259,131
Total Fundraising Expense$246,140
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$62,060$126,838$59,948$248,846
Other Salaries and Wages$58,104$108,348$69,993$236,445
Grants to Domestic Orgs$194,436--$194,436
Grants to Domestic Individuals$83,959--$83,959
Advertising--$58,270$58,270
Fees for Services Other-$50,552-$50,552
Office Expenses$24,625$10,173$7,955$42,753
Payroll Taxes$10,326$19,826$11,152$41,304
Travel$20,360$2,909$5,817$29,086
Information Technology--$13,639$13,639
Fees for Services Accounting-$12,051-$12,051
Insurance-$5,486-$5,486
Fees for Services Legal-$4,211-$4,211
Other Expenses-$1,977$18,899$1,977
Depreciation Depletion$1,283$183$367$1,833
Occupancy$350$50$100$500
Total Functional Expenses$455,503$362,478$246,140$1,064,121

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,064,121
Total Expenses per Audited Statements$1,064,121
Total Expenses per Form 990$1,064,121
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gold Star Teen AdventuresFayetteville, NC-Family Assistance and Other Various Assistance$60,000
Gratitude InitiativeRed Oak, TX-Family Assistance and Other Various Assistance$35,000
10th Special Forces GroupFt Carson, CO501(c)(19)Scholarship Fund and Other Various Assistance$20,553
SoccentMacdill Air Force Base, FL-Family Assistance and Other Various Assistance$17,374
US Army John F Kennedy Special Warfare Center and SchoolFort Bragg, NC-Family Assistance and Other Various Assistance$15,954
1st Special Forces GroupFt Bragg, NC501(c)(3)Scholarship Fund and Other Various Assistance$15,212
7th Special Forces GroupEglin Afb, FL501(c)(3)Scholarship Fund and Other Various Assistance$13,823
Spec Ops Association IncAvon Park, FL-Family Assistance and Other Various Assistance$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$575,293
Fundraising Direct Expenses$399,844
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Great American Shoot$1,255,894$245,170$86,002$159,168
Rally Point$338,938$113,938$16,759$97,179
Total Events$1,882,917$575,293$399,844$175,449
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is given to each board member and thereafter a conference call is made to review the document and answer any questions.

Form 990, Part VI, Section B, Line 12C

Each member of the trust signs the conflict of interest policy annually. Any possible conflicts are brought to the boards attention.

Form 990, Part VI, Section B, Line 15A

Compensation is based on job duties and work performance. The amount of compensation is reviewed and approved by the board.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Special Forces Charitable Trust
EIN
27-4209721
Phone
9107257034
Address
PO BOX 53, SOUTHERN PINES, NC 28388

Signing Officer

Name
Jodi Burns
Title
Executive Director
Phone
9107257034
Signed
2021-10-04

Organization Details

Principal Officer
Jodi Burns
Formed
2010
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
13

Preparer

Firm
VENMAN & CO LLC CPA'S
Address
375 BRIDGEPORT AVENUE, SHELTON, CT 06484
Preparer
James G Woods
Phone
2039299945
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SERVE PAST AND PRESENT US ARMY SPECIAL FORCES SOLDIERS AND THEIR FAMILIES THROUGH DIRECT SERVICE PROGRAMS SUCH AS SCHOLARSHIPS, VETERAN ASSISTANCE, TRANSITION PROGRAMS AND FAMILY SUPPORT SERVICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0501881
IRS990/NetAssetsOrFundBalancesEOYAmt01383727
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1069
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1069
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0175449
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0175449
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0433726
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01352022
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0100
IRS990/OccupancyGrp/ManagementAndGeneralAmt050
IRS990/OccupancyGrp/ProgramServicesAmt0350
IRS990/OccupancyGrp/TotalAmt0500
IRS990/OfficeExpensesGrp/FundraisingAmt07955
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010173
IRS990/OfficeExpensesGrp/ProgramServicesAmt024625
IRS990/OfficeExpensesGrp/TotalAmt042753
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07204
IRS990/OtherAssetsTotalGrp/EOYAmt0139301
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2BANK & OTHER FEES
IRS990/OtherExpensesGrp/FundraisingAmt018899
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019874
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11977
IRS990/OtherExpensesGrp/TotalAmt019874
IRS990/OtherExpensesGrp/TotalAmt118899
IRS990/OtherExpensesGrp/TotalAmt21977
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt069993
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0108348
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058104
IRS990/OtherSalariesAndWagesGrp/TotalAmt0236445
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011152
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019826
IRS990/PayrollTaxesGrp/ProgramServicesAmt010326
IRS990/PayrollTaxesGrp/TotalAmt041304
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt093155
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058544
IRS990/PrincipalOfficerNm0JODI BURNS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY AND COMMAND SUPPORT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0325971
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0159837
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION AND MOTIVATION
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0108000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0108000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01971316
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01515660
IRS990/PYInvestmentIncomeAmt0-276
IRS990/PYOtherExpensesAmt0214960
IRS990/PYOtherRevenueAmt0119179
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-137640
IRS990/PYSalariesCompEmpBnftPaidAmt0497239
IRS990/PYTotalExpensesAmt02227859
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02090219
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0881846
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt097868
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01771587
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01971316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02170107
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01953295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02095488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09961793
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81750
IRS990ScheduleA/PublicSupportPY170Pct00.83570
IRS990ScheduleA/PublicSupportTotal170Amt08144059
IRS990ScheduleA/SubstantialContributorsTotAmt01817734
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01771587
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01971316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02170107
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01953295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02095488
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09961793
IRS990ScheduleA/TotalSupportAmt09961793
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05534
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017596
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023130
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01064121
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02541
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244960
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt390000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0VARIOUS OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DOUWE BLUMBERG HORSE SOLDIER SCULPTURES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3GARY GORDON MEMORIAL STATUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01945967
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05534
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0139301
IRS990ScheduleD/TotalExpensesPerForm990Amt01064121
IRS990ScheduleD/TotalRevenuePerForm990Amt01945967
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01945967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01064121
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01307624
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01010724
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0225000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt071900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0399844
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt051100
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt051100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THE GREAT AMERICAN SHOOT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RALLY POINT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt024824
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt027706
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt03755
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt056285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01255894
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0338938
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0288085
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01882917
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0245170

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