Marine Raider Foundation
- Assets
- $2.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 2
- Location
- Fishers, IN
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 45-2913544
Organization Overview
Marine Raider Foundation is located in Fishers, IN. The organization was established in 2011. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Marine Raider Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Raider Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Marine Raider Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $897.2k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MARSOC FOUNDATION WAS ESTABLISHED TO PROVIDE BENEVOLENT SUPPORT TO ACTIVE DUTY AND MEDICALLY RETIRED "MARSOC" PERSONNEL AND THEIR FAMILIES, AS WELL AS TO FAMILIES OF MARINES,SAILORS AND WORLD WAR II MARINE RAIDERS WHO HAVE LOST THEIR LIVES IN SERVICE TO OUR NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021 WE WERE ABLE TO PROVIDE ASSISTANCE AS FOLLOWS:1)LEGACY/PRESERVATION PROJECTS - HOSTED 3 LEGACY EVENTS; 4 LEGACY PROJECTS 2)FAMILY RESILIENCY SUPPORT - 4 FAMILY RESILIENCY EVENTS WERE HOSTED (EACH EVENT IMPACTED BETWEEN 50 AND 150 FAMILY MEMBERS); 12 FAMILIES RECEIVED ASSISTANCE IN DEALING WITH CRISIS INCLUDING MEDICAL/HEALTH EMERGENCIES, LOSS OF FAMILY MEMBER, NATURAL DISASTER ASSISTANCE, ETC.3)RAIDER SUPPORT - 9 PROFESSIONAL RESILIENCY EVENTS WERE HOSTED; PROVIDED $95,000 IN TRANSITION ASSISTANCE GRANTS4)TRAGEDY ASSISTANCE/SURVIVOR SUPPORT - 47 FAMILIES WITH A WOUNDED/ILL/INJURED RAIDER WERE ASSISTED; 110 GOLD STAR FAMILIES RECEIVED ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Christian Executive Dir. | OfficerTrustee | 40 | $145,961 |
Sarah Christian | 40 | $118,102 | |
Lorelei Gaus Secretary | OfficerTrustee | 1 | $0 |
Nick Schroback Vice President | OfficerTrustee | 1 | $0 |
Derek Herrera President | OfficerTrustee | 1 | $0 |
Peter Vermette Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $255,791 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,320,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,576,560 |
| Total Program Service Revenue | $0 |
| Investment income | $74,740 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$74,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,576,986 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $264,064 |
| Compensation of current officers, directors, key employees. | $5,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,627 |
| Advertising and promotion | $8,145 |
| Office expenses | $877 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,769 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,722 |
| All other expenses | $15,006 |
| Total functional expenses | $897,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,093,247 |
| Savings and temporary cash investments | $819,901 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $68,454 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,981,602 |
| Accounts payable and accrued expenses | $21,504 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,504 |
| Net assets without donor restrictions | $1,956,302 |
| Net assets with donor restrictions | $3,796 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,981,602 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Marine Raider Foundation has recieved totaling $123,414.
| Awarding Organization | Amount |
|---|---|
Land Of The Free Foundation City Of Industry, CA PURPOSE: GENERAL SUPPORT | $55,000 |
Tee It Up For The Troops Inc Burnsville, MN PURPOSE: PROGRAM ASSISTANCE | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $16,500 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: PUBLIC & SOCIETAL BENEFIT | $10,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $8,001 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,828 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Kansas City, MO | $242,275,685 | $98,113,411 |
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
H E R O E S Care Inc Fenton, MO | $4,492,001 | $18,882,199 |
Disabled American Veterans Kansas City, MO | $10,841,900 | $17,342,130 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Amvets Springfield, IL | $604,546 | $3,188,714 |