Quick Reaction Fund
- Assets
- $83.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- The Woodlands, TX
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1306797
Organization Overview
Quick Reaction Fund is located in The Woodlands, TX. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quick Reaction Fund 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, Quick Reaction Fund generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $17.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
QUICK REACTION FOUNDATION (QRF) SERVES THE OVER-LOOKED AND UNDER-SERVED NEEDS OF SPECIAL OPERATION WARRIORS AND THEIR FAMILIES, BY PROVIDING IMMEDIATE SOLUTIONS FOR THEIR HEALTH, WELFARE AND MAINTENANCE.
Describe the Organization's Program Activity:
Part 3
MILITARY SCIENCESQRF FACILITATES THE INCLUSION OF SPECIAL OPERATION WARRIORS IN SELECT MEDICAL RESEARCH AND TRAINING PROGRAMS. THE FINDINGS FROM THESE STUDIES ARE INTENDED TO HELP EDUCATE, TRAIN AND ENHANCE THE FUTURE CAPABILITIES AND QUALITY OF LIFE OF THE SPECIAL OPERATIONS COMMUNITY AND MEDICAL COMMUNITY AT LARGE.LEGACY STUDYWE HAVE PARTNERED WITH LEADING NEUROSCIENTISTS FROM THE MCNAIR MEDICAL INSTITUTE AND OTHER FINE INSTITUTIONS TO CHARACTERIZE THE HISTORICAL, COGNITIVE, NEURAL AND GENETIC ATTRIBUTES OF TOP PERFORMERS AND THEIR SPOUSES INCLUDING WORLD LEADERS, EXECUTIVES, AND SPECIAL OPERATION WARRIORS.CONCUSSIVE EXHAUSTION STUDYIN ADDITION, WE ARE WORKING WITH THE NEUROSCIENTISTS TO STUDY, DIAGNOSE, AND TREAT HORMONAL DEFICIENCIES (LIKE LOW TESTOSTERONE) THAT RESULT FROM CONCUSSIONS AND OTHER BRAIN TRAUMA IN SPECIAL OPERATION WARRIORS.
PATRIOT M.D. YEARS OF COMBAT AND TRAINING HAVE TAKEN A PHYSICAL TOLL ON SPECIAL OPERATION WARRIORS IN UNIQUE AND CHALLENGING WAYS. THE QRF WILL PARTNER WITH PHYSICIANS, SURGEONS, AND HEALTHCARE SYSTEMS TO FACILITATE SURGERIES ON NON-LIFE-THREATENING INJURIES THAT WILL MATERIALLY INCREASE THEIR QUALITY OF LIFE. THE QRF WILL INCUR ALL TRAVEL RELATED EXPENSES FOR BENEFICIARY'S AND THEIR FAMILIES.QRF HOUSE QRF WILL ALSO MAINTAIN A HOME AT BLUEJACK NATIONAL IN PINEHURST, TEXAS. THE QRF HOUSE WILL BE USED BY SERVICE MEMBERS AND THEIR FAMILIES FOR RECOVERY AFTER DISCHARGE FROM MEDICAL FACILITIES, GOLD STAR FAMILIES AS A PLACE TO GRIEVE UPON THE LOSS OF A LOVED ONE, AND SERVICE MEMBERS AND GOLD STAR FAMILIES FOR MORAL WELFARE RECREATION. THE QRF HOUSE WILL BE DECORATED WITH SEAL MEMORABILIA PROVIDED FROM THE PERSONAL COLLECTIONS OF NAVY SEALS ACCUMULATED OVER DECADES OF SERVICE.
GOLDEN GIVING GOLD STAR FAMILIES ARE THOSE WHO HAVE MADE THE ULTIMATE SACRIFICE; LOSING THEIR LOVED ONE IN COMBAT. OFTEN TIMES, FAMILIES FIND THEMSELVES IN FINANCIAL STRAIGHTS DUE TO UNEXPECTED COSTS AND NEEDS NOT MET THROUGH OTHER AGENCIES. QRF WILL BRIDGE THIS GAP BY PROVIDING EMERGENCY ASSISTANCE FOR UNEXPECTED HEALTH, WELFARE OR MAINTENANCE OF FAMILIES OF SPECIAL OPERATION WARRIORS WHO LOST THEIR LIFE DURING OR AFTER SERVICE.
MILITARY ORGANIZATION PARTNERSHIPSQUICK REACTION FOUNDATION HAS PARTNERED WITH OTHER 501(C)(3) ORGANIZATIONS THAT SERVE VETERANS AND FAMILIES OF VETERANS. QRF FEELS IT IS IMPORTANT TO SUPPORT ORGANIZATIONS THAT ARE ALSO WORKING TOWARDS MATERIALLY INCREASING THE QUALITY OF LIFE FOR SERVICE MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Sinnott Board Member | 1 | $0 | |
Clayton R Hagerman Chairman | 2 | $0 | |
Garrett Golden Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99 |
| Total expenses | $17,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,218 |
| Other assets | $0 |
| Total assets | $83,218 |
| Total liabilities | $3,504 |
| Net assets or fund balances | $79,714 |
Grants Awarded
Over the last fiscal year, Quick Reaction Fund has awarded $30,153 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: General Support | $30,153 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Quick Reaction Fund has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $50,000 |
Cary Brown Family Foundation Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Louisiana National Guard Foundation New Orleans, LA | $5,835,401 | $6,505,889 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |
Nextop Inc Houston, TX | $488,854 | $1,385,969 |
Armed Forces Communications And Electronics Association Austin, TX | $1,822,734 | $1,458,339 |