Sentinels Of Freedom Scholarship Foundation
Sentinels Of Freedom Scholarship Foundation
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About this organization
Mission
The Sentinels of Freedom Scholarship Foundation (SOF) is a 501(c)(3) nationwide nonprofit that assists severely wounded and injured post -9/11 Veterans successfully complete higher education, find career-focused employment, and gain financial independence. Our focus is on helping these Veterans, called Sentinels in honor of their service to our nation, find long-term success on their new post-military path.
About
The organization's primary performance measures are sentinels placements, overhead expense ratio and fundraising expenses. Placement performance is subjective, but requires that the organization continue to maximize the number of successful placements each year. The organization presently has 424 Sentinels who have been placed since the inception of the program in 2007. The organization benchmarks its financial measurements to the guide of the American Institute of Philanthropy (AIP). Their target is 60% or more spent on program services. AIP's target for fundraising effectiveness is that fundraising expenses account for $35 or less for every $100 raised.
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “Sentinels of freedom scholarship foundation (the foundation) is a colorado notprofit organization formed in 2007 for the purpose of assisting veterans who have suffered severe duty-related injuries resulting in permanent physical disability since september 11, 2001 in their efforts to become productive, self-sufficient, integrated members of their community, and to raise awareness of the sacrifice these veterans have made in order to motivate the local community to rally behind these young men and women and ensure their success. the foundation develops a scholarship package for each sentinel that may include providing a home or an apartment adapted to the specific disabilities of the veteran, employment and employment training, reliable transportation, financial and career counseling, and mentoring.”.
When discussing its purpose, they were characterized as: “The foundation formed for the purpose of assisting veterans who have suffered severe duty-related injuries resulting in permanent physical disability in their efforts to become productive, self-sufficient, integrated members of their community.”.
- The state in which the non-profit is legally authorized to operate is CO, as reported.
- The filing confirms that the non-profit's address in 2019 was 2303 Camino Ramon Suite 270, San Ramon, CA, 94583.
- The form of the non-profit reports 11 employees as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $416,114.
- The remuneration of the CEO of the organization is based on an independent review and approval process.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $541,557 in salary, compensation, and benefits to its employees.
- The organization pays $257,709 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.