Civic Intelligence

Support Our Troops Inc.

990 • Fiscal year 2018 • EIN 33-1112829

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

PO Box 70Daytona Beach, FL 32115-0070

(386) 767-8882

Siviq Scores

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

Liabilities / Assets

81st percentile

0.67x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.02x

Higher debt load relative to revenue than 7% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

41st percentile

1.5%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$416,787

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

2.2%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$975,175

Up $147,898 (+18%) from 2017

Net Assets

Up

$322,251

Up $562,035 (+234%) from 2017

Liabilities

Down

$652,924

Down $414,137 (-39%) from 2017

Revenue

Up

$38,690,627

Up $847,483 (+2.2%) from 2017

Expenses

Up

$38,128,592

Up $256,535 (+0.7%) from 2017

Net Income

Up

$562,035

Up $590,948 (+2044%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $827,277Liabilities 2017: $1,067,061Net Assets 2017: -$239,7842017Assets 2018: $975,175Liabilities 2018: $652,924Net Assets 2018: $322,2512018Assets 2019: $812,062Liabilities 2019: $298,936Net Assets 2019: $513,1262019Assets 2020: $664,834Liabilities 2020: $335,514Net Assets 2020: $329,3202020Assets 2021: $652,227Liabilities 2021: $240,333Net Assets 2021: $411,8942021Assets 2022: $740,511Liabilities 2022: $272,678Net Assets 2022: $467,8332022Assets 2023: $664,547Liabilities 2023: $354,762Net Assets 2023: $309,7852023Assets 2024: $94,039Liabilities 2024: $203,012Net Assets 2024: -$108,9732024

Highlighted filing

2018

Assets$975,175
Liabilities$652,924
Net Assets$322,251

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2017: $37,843,144Expenses 2017: $37,872,057Net Income 2017: -$28,9132017Revenue 2018: $38,690,627Expenses 2018: $38,128,592Net Income 2018: $562,0352018Revenue 2019: $70,063,210Expenses 2019: $69,872,335Net Income 2019: $190,8752019Revenue 2020: $36,932,291Expenses 2020: $37,116,097Net Income 2020: -$183,8062020Revenue 2021: $41,324,093Expenses 2021: $41,371,101Net Income 2021: -$47,0082021Revenue 2022: $30,509,628Expenses 2022: $30,453,689Net Income 2022: $55,9392022Revenue 2023: $41,578,796Expenses 2023: $41,736,844Net Income 2023: -$158,0482023Revenue 2024: $20,310,092Expenses 2024: $20,181,700Net Income 2024: $128,3922024

Highlighted filing

2018

Revenue$38,690,627
Expenses$38,128,592
Net Income$562,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$38,690,627
Mission and Program Overview

Mission

Providing assistance to and promoting support for america's military servicemembers and their families worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$180,506$339,257▲ $158,751
Loans From Officers Directors$135,899$100,010▼ $35,889
Prepaid Expenses and Deferred Charges$63,700$55,639▼ $8,061
Land, Buildings, and Equipment, Net$21,208$18,416▼ $2,792
Pledges and Grants Receivable$4,477$4,477→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$827,277$975,175▲ $147,898
Other Assets Total$557,386$557,386→ $0
Liabilities
Other Liabilities$516,419$425,352▼ $91,067
Unsecured Notes Loans Payable$383,526$88,943▼ $294,583
Accounts Payable and Accrued Expenses$31,217$38,619▲ $7,402
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,067,061$652,924▼ $414,137
Net Assets / Fund Balance
Unrestricted Net Assets$-239,784$322,251▲ $562,035
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$-239,784$322,251▲ $562,035
Total Liabilities and Net Assets / Fund Balance$827,277$975,175▲ $147,898

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,416$8,376$26,792
Other Assets Org$144,354--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin C BoirePres/DirectorFT$388,909$27,878$416,787

Board Members and Trustees

NameTitle
Joseph V AnaniaDirector
Bruce JonasVice Pres/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$37,993,245
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$697,382
All Other Contributions
$37,993,245
Change in Net Assets
$562,035

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$31,259,793Face Value
Other Non Cash Contri Table$5,241,519Retail Value
Total Noncash Contributions$36,501,312-

Audited Revenue Reconciliation

Revenue per Audited Statements
$38,690,627
Total Revenue per Audited Statements
$38,690,627
Total Revenue per Form 990
$38,690,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,739,683
Salaries, Compensation, and Employee Benefits$388,909
Total Fundraising Expense$21,632
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$303,349$70,004$15,556$388,909
Royalties$157,500--$157,500
Other Expenses$62,069$5,564$0$67,633
Advertising$57,923--$57,923
Travel$458$37,693$2,155$40,306
Fees for Services Accounting-$13,197-$13,197
Interest-$4,097-$4,097
Total Functional Expenses$37,924,363$182,597$21,632$38,128,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$38,128,592
Total Expenses per Audited Statements$38,128,592
Total Expenses per Form 990$38,128,592
International Activity

International Summary

Spending
$31,322,189

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesCare Goods and Troopon--$21,423,867
East Asia and the PacificProgram ServicesCare Goods and Troopon--$9,865,255
Middle East and North AfricaProgram ServicesCare Goods Sent to U.s--$17,770
South AsiaProgram ServicesCare Goods Sent to U.s--$14,257
Central America and the CaribbeanProgram ServicesCare Goods Sent to U.s--$1,040
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Explanation in Part V-See Explanation in Part VNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$135,899$100,010▼ $35,889
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Igwt Reserve Note$215,000
Deferred Compensation$210,352
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 A, LINE 2:

Related party information among officers: martin c. Boire, director, is the son-in-law of joseph v. Anania, director. However, no business relationship exists between them.

FORM 990, PART VI, SECTION B, LINE 11:

A draft copy of the return is provided to all members of the governing body for review before the return is filed.

FORM 990, PART VI, SECTION B, LINE 12C:

The organization has reviewed the conflict of interest compliance each year since 2009. Each director re-reads and certifies in writing they have done so and understand the same.

FORM 990, PART VI, SECTION B, LINE 15A:

The organization collects comparable data from similarly sized organizations. The board then meets without the president to determine his compensation.

FORM 990, PART VI, SECTION C, LINE 19:

Some documents are posted online. Others have summaries of their numbers posted online and are provided in full paper form upon proper request to the organization.

Form 990, Part VII, Box (1)(D)

Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Indepdendent Contractors: As part of the organization's goal of retiring debt, this amount includes a pay-down of Mr. Boire's unpaid deferred compensation in the amount of $206,067. The deferred compensation is from a Management Agreement that Support Our Troops entered into with Mr. Boire in 2005 to serve as President and CEO. There remains a balance of $210,352 to be paid out in future years.

Filing and Contact Details

Filer

Filer Name
Support Our Troops Inc
EIN
33-1112829
In Care Of
% MARTIN C BOIRE
Phone
3867678882
Address
PO Box 70, Daytona Beach, FL 32115-0070

Signing Officer

Name
Martin C Boire
Title
president
Phone
3867678882
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin C Boire
Formed
2005
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
1
Employees
6
Volunteers
17,430

Preparer

Firm
Bdo USA Llp
Address
201 S Orange Ave Suite 800, Orlando, FL 32801
Preparer
Nicole Lombardi CPA
Phone
4078416930
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

We have a very high demand - people come in every day to get envelopes of coupons. As soon as we pick up mail, it only takes a day or two and our bins are empty again." - Families in Germany In the Troopons Program, the number of contributions is 16,400+. The number of contributions reflects the number of contributors. The Troopons Program provides overseas servicemen and their families free food, baby items, and household goods coupons, using coupons which are clipped and donated to the Organization. During 2018, the Organization provided approximately $31,259,793 worth of such coupons, which are valued at face value at the point of transaction and included in Donated Goods and charged to Program Services.

FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:

Most specifically our one female airman was overwhelmed with thankfulness that the items she received were dedicated to our female deployed. Most of our deployed members have never received care packages from home yet and the look on their faces when they received your packages was one of true thankfulness, overwhelming emotion and a deep sense of being encouraged through this difficult time. Thank you deeply," --TSgt John -----, Afghanistan Our Care Share Subprogram distributes bulk stock goods via other troop support groups needing items to include in care packages they are sending the troops. Why? Because we can do best by the troops by assisting everyone who is doing anything to bolster them. "We are sending care packages to deployed troops and . . . supporting those who serve. We can't do what we do without support from partners like you. Thank you!" ~ Barbara ------, North Carolina

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IRS990/OtherExpensesGrp/TotalAmt1128015
IRS990/OtherExpensesGrp/TotalAmt216800
IRS990/OtherExpensesGrp/TotalAmt367633
IRS990/OtherLiabilitiesGrp/BOYAmt0516419
IRS990/OtherLiabilitiesGrp/EOYAmt0425352
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IRS990/PrincipalOfficerNm0MARTIN C BOIRE
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Care Goods Program ships, and assists others in shipping, morale and welfare items to troops stationed worldwide. "Support Our Troops, We recently received our care packages and I must say that they are awesome and have definitely enhanced the morale in our deployed working center. All of the airmen who received the packages were beaming with thankfulness when they opened and seen the goodies. Continued on Schedule O...
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RoyaltiesGrp/ProgramServicesAmt0157500
IRS990/RoyaltiesGrp/TotalAmt0157500
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0697382
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0697382
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037993245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt037836070
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035656960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0179629253
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02138
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0719641
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.99601
IRS990ScheduleA/PublicSupportPY170Pct00.99916
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0179629253
IRS990ScheduleA/TotalSupportAmt0180348894
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IRS990ScheduleD/EquipmentGrp/BookValueAmt018416
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08376
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026792
IRS990ScheduleD/ExpensesSubtotalAmt038128592
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0191926
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1221106
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2144354
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ORGANIZATIONAL COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TRADEMARK/DOMAIN IP LICENSE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2WEBSITE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1215000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1IGWT RESERVE NOTE
IRS990ScheduleD/RevenueSubtotalAmt038690627
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018416
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0557386
IRS990ScheduleD/TotalExpensesPerForm990Amt038128592
IRS990ScheduleD/TotalLiabilityAmt0425352
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt038690627
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt038128592
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt021423867
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt19865255
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt217770
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt314257
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt41040
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (Including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Middle East and North Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CARE GOODS AND TROOPON
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1CARE GOODS AND TROOPON
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CARE GOODS SENT TO U.S
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3CARE GOODS SENT TO U.S
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4CARE GOODS SENT TO U.S
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt031322189
IRS990ScheduleF/TotalSpentAmt031322189
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0388909
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0206067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Martin C Boire
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Pres/Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0416787
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SEE EXPLANATION IN PART V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE EXPLANATION IN PART V
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operational/startup
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSEPH MARY ANANIA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: SEE EXPLANATION BELOW. (D) DESCRIPTION OF TRANSACTION: AS REVIEWED AND APPROVED BY THE IRS IN FORM 1023 AND THE IRS 501(C)(3) DETERMINATION LETTER, AND EXAMINED AND APPROVED BY THE IRS DURING THE COMPREHENSIVE IRS AUDIT OF TAX YEARS 2006-2009, AND UPON APPROVAL OF THE BOARD OF DIRECTORS, THE SUPPORT OUR TROOPS FOUNDATION, INC., D-GENERATION, INC., AND NAME BRANDS, INC. HAVE ARRANGEMENTS AT TERMS AT OR BELOW FAIR MARKET VALUE WITH SUPPORT OUR TROOPS, INC. REGARDING TRADEMARKS, DOMAINS, SPACE, AND EQUIPMENT. MARTIN C. BOIRE IS AN OWNER OR OFFICER OF THE AFORESAID ENTITIES, WHICH ARE LOCATED AT P.O. BOX 30, DAYTONA BEACH, FL 32115.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1TRACKING OF RESULTS GENERATED TO THE ORGANIZATION AS A RESULT OF TRADEMARK/DOMAIN IP LICENSE BASED ON APPLICATION OF CONSERVATIVE INDUSTRY STANDARD RATES DEMONSTRATES THAT $5,753,430 OF IN-KIND GOODS AND $899,046 OF REVENUE WAS RECEIVED BY THE ORGANIZATION THIS PERIOD DUE TO SAME.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc1SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:
IRS990ScheduleL/TotalBalanceDueAmt0100000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00

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