Civic Intelligence

Folds of Honor Eastern North Carolina Inc

990 • Fiscal year 2025 • EIN 83-3013031

Jan 01, 2025 to Dec 31, 2025

12218 Bradford Green Square 133Cary, NC 27519

(919) 608-8898

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • NTEE B12 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • NTEE B12 • <$500k nonprofits • Source year 2025

Net Margin

56th percentile

9.1%

Higher net margin than 56% of similar nonprofits.

2025 filings • NTEE B12 • <$500k nonprofits • Source year 2025

Top Officer Pay

96th percentile

$0

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • NTEE B12 • <$500k nonprofits • Source year 2025

Asset Growth

96th percentile

158%

Faster asset growth than 96% of similar nonprofits.

2025 filings • NTEE B12 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2025 filings • NTEE B12 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$37,679

Up $23,098 (+158%) from 2024

Net Assets

Up

$37,679

Up $23,098 (+158%) from 2024

Liabilities

Flat

$0

Flat from 2024

Revenue

Up

$254,608

Up $25,431 (+11%) from 2024

Expenses

Up

$231,510

Up $872 (+0.4%) from 2024

Net Income

Up

$23,098

Up $24,559 (+1681%) from 2024

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2019: $22,067Liabilities 2019: $0Net Assets 2019: $22,0672019Assets 2020: $9,046Liabilities 2020: $0Net Assets 2020: $9,0462020Assets 2021: $18,276Liabilities 2021: $0Net Assets 2021: $18,2762021Assets 2022: $15,635Liabilities 2022: $0Net Assets 2022: $15,6352022Assets 2024: $14,581Liabilities 2024: $0Net Assets 2024: $14,5812024Assets 2025: $37,679Liabilities 2025: $0Net Assets 2025: $37,6792025

Highlighted filing

2025

Assets$37,679
Liabilities$0
Net Assets$37,679

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $53,613Expenses 2019: $31,546Net Income 2019: $22,0672019Revenue 2020: $43,004Expenses 2020: $56,025Net Income 2020: -$13,0212020Revenue 2021: $203,162Expenses 2021: $193,932Net Income 2021: $9,2302021Revenue 2022: $165,824Expenses 2022: $168,465Net Income 2022: -$2,6412022Revenue 2024: $229,177Expenses 2024: $230,638Net Income 2024: -$1,4612024Revenue 2025: $254,608Expenses 2025: $231,510Net Income 2025: $23,0982025

Highlighted filing

2025

Revenue$254,608
Expenses$231,510
Net Income$23,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 19, 2026
Return Version
2025v4.0
Gross Receipts
$330,245
Mission and Program Overview

Mission

To provide financial assistance for the education of spouses and dependent children of service men/women who are either killed or permanently disabled while serving our nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,931$37,432▲ $23,501
Prepaid Expenses and Deferred Charges$650$247▼ $403
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,581$37,679▲ $23,098
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,581$37,679▲ $23,098
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$14,581$37,679▲ $23,098
Total Liabilities and Net Assets / Fund Balance$14,581$37,679▲ $23,098
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don FrickePresident
Brian ReddersenDirector
Keith BrokkeDirector
Keith WoedyDirector
Rick LeeDirector
Stephen NealDirector
John S REDDERSENTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$254,483
Program Service Revenue
$0
Investment Income
$125
Other Revenue
$0
All Other Contributions
$79,426
Change in Net Assets
$23,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$220,921
Other Expenses$10,589
Total Fundraising Expense$2,376
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$220,921--$220,921
Office Expenses-$2,912$2,376$5,288
Information Technology-$2,375-$2,375
Fees for Services Other-$1,487-$1,487
Insurance-$1,039-$1,039
Travel-$365-$365
Advertising-$35-$35
Total Functional Expenses$220,921$8,213$2,376$231,510
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Folds of HonorOwasso, OK501(c)(3)Program Support$220,921
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,637
Fundraising Gross Income$75,637
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$205,843$72,766$16,210$56,556
Foh Fridays$30,000---
Total Events$250,694$75,637$75,637-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

PART VI, SECTION A, LINE 2 - FAMILY/BUSINESS RELATIONSHIP:

Board members brian a. Reddersen and john s. Reddersen have a family relationship.

PART VI, SECTION A, LINE 8B - COMMITTEES WITH AUTHORITY:

There are no other committees with authority to act on behalf of the governing body.

PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990:

The form 990 is prepared by a certified public accounting firm that provides a draft copy to the board for review and comment. Any comments are incorporated into the revised draft that is sent for approval to file with the internal revenue service.

PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY:

Any director, principal officer or member of a committee with governing board delegated powers has a duty to disclose any actual or potential conflict of interest to the governing board. A conflict of interest includes any direct or indirect financial interest (through direct investment or family affiliation) with any entity the organization has a transaction or arrangement. Officers are required to disclose interests that could give rise to conflicts by signing an annual statement. The governing body will investigate all potential conflicts of interest and document their decision in the meeting minutes.

PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS:

The organization makes its governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Folds of Honor Eastern North Carolina Inc
EIN
83-3013031
In Care Of
% JOHN S REDDERSEN
Phone
9196088898
Address
12218 BRADFORD GREEN SQUARE 133, CARY, NC 27519

Signing Officer

Name
John S REDDERSEN
Title
Treasurer
Phone
3016413910
Signed
2026-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John S REDDERSEN
Formed
2018
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
30

Preparer

Firm
Withumsmithbrownpc
Address
1800 TYSONS BOULEVARD SUITE 800, TYSONS, VA 22102
Preparer
Israel Tannenbaum
Phone
3012726000
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0229049
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0203094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01041171
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0485
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.91225
IRS990ScheduleA/PublicSupportPY170Pct00.90294
IRS990ScheduleA/PublicSupportTotal170Amt0950248
IRS990ScheduleA/SubstantialContributorsTotAmt090923
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0254483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0229049
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0203094
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01041171
IRS990ScheduleA/TotalSupportAmt01041656
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FOH FRIDAYS
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IRS990ScheduleI/RecipientTable/CashGrantAmt0220921
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOLDS OF HONOR
IRS990ScheduleI/RecipientTable/RecipientEIN0753240683
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05971 Patriot Dr
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OWASSO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd074055
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds are directed to the National organization of Folds of Honor to be utilized for scholarships. National provides routine updates on scholarship needs within the State of North Carolina and what has been funded.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS BRIAN A. REDDERSEN AND JOHN S. REDDERSEN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM THAT PROVIDES A DRAFT COPY TO THE BOARD FOR REVIEW AND COMMENT. ANY COMMENTS ARE INCORPORATED INTO THE REVISED DRAFT THAT IS SENT FOR APPROVAL TO FILE WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS HAS A DUTY TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE GOVERNING BOARD. A CONFLICT OF INTEREST INCLUDES ANY DIRECT OR INDIRECT FINANCIAL INTEREST (THROUGH DIRECT INVESTMENT OR FAMILY AFFILIATION) WITH ANY ENTITY THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT. OFFICERS ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS BY SIGNING AN ANNUAL STATEMENT. THE GOVERNING BODY WILL INVESTIGATE ALL POTENTIAL CONFLICTS OF INTEREST AND DOCUMENT THEIR DECISION IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A, LINE 2 - FAMILY/BUSINESS RELATIONSHIP:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 8B - COMMITTEES WITH AUTHORITY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS:
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IRS990/TotalAssetsBOYAmt014581
IRS990/TotalAssetsEOYAmt037679
IRS990/TotalAssetsGrp/BOYAmt014581

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