HONOR AND REMEMBER
Mission Statement
To perpetually recognize the sacrifice of America’s military fallen service members and their families. The organization pays tribute to all military lives lost, not only while serving on active duty but also as a result of serving. Military deaths in all wars or conflicts and all branches of service from our nation’s inception are recognized. The primary vehicle for perpetual recognition is a specific and dedicated symbol of remembrance created by this organization: the Honor and Remember Flag, which is intended to fly continuously as a tangible and visible reminder to all Americans of the lives lost in defense of our national freedoms.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.6% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.2% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1.2% | 28.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.8 mo | 10.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
63.5% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.8% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-5.4% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.7% | 13.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-27.4% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $437K | $556K | $175K | 89.6% | 4 |
| 2022 | $462K | $477K | $278K | 88.3% | 4 |
| 2021 | $500K | $451K | N/A | — | 4 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.