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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Task Force Dagger Special Operations Foundation

Standards Not Met
Standards Not Met
6 13 14
(858) 281-5064
Post Office Box 250
Terra Ceia, FL, 34250
https://www.taskforcedagger.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Task Force Dagger Special Operations Foundation does not meet the following 3 Standards for Charity Accountability:

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

Task Force does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 13 (Accuracy of Expenses in Financial Statements)
Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.

Task Force does not meet this Standard because its IRS Form 990 for the year ended June 30, 2023:

  • Reports the organization had no fundraising expenses.

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Task Force does not meet this Standard because, when the organization provided 2024 budget information, it indicated that the budget:

  • Did not identify total projected fundraising expenses.

Task Force Dagger Special Operations Foundation meets the remaining 17 Standards for Charity Accountability.

Stated Purpose:
"to provide assistance to wounded, ill, or injured US Special Operations Command (USSOCOM) members and their families."

Year, State Incorporated:
2009, FL

Task Force Dagger Special Operations Foundation (Task Force) reports that it supports US Special Operations Command (USSOCOM) members and their families by addressing their urgent needs through the provision of holistic support. The organization provides financial assistance, advanced medical treatments, and wellness support, including physical, mental, and emotional care. Task Force also organizes rehabilitative adaptive events to promote healing and resilience.

For the year ended June 30, 2024, Task Force Dagger Special Operations Foundation's program expenses were:

Program services: $1,199,995

Total Program Expenses: $1,199,995

Chief Executive
Matt Parrish, Executive Director

Compensation*
$100,000

Chair of the Board
Mark Stephens

Chair's Profession / Business Affiliation
Senior Executive Director for Strategic Development, Cubic Corporation

Board Size
6

Paid Staff Size
4

*2023 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Radio

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Task Force Dagger Special Operations Foundation's audited financial statements for the year ended June 30, 2024.

Source of Funds
Contributions $970,659
Auction income $123,389
Interest and other income $9,531
In-kind contributions $169,477
Total Income $1,273,056

Programs: 94% Fundraising: 1% Administrative: 5%

Total Income $1,273,056
Total expenses: $1,277,635
  Program expenses $1,199,995
  Fundraising expenses $16,301
  Administrative expenses $61,339
  Other expenses $0
Income in Excess of Expenses $-4,579
Beginning Net Assets $1,112,303
Other Changes In Net Assets $0
Ending Net Assets $1,107,724
Total Liabilities $46,501
Total Assets $1,154,225

Note: According to Task Force's audited financial statements for the year ended June 30, 2024, the organization received $169,477 in contributed goods and services including lodging ($112,430), goods and materials ($20,802), and dive equipment ($19,700), and rations ($16,545).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance