Operation Enduring Warrior EIN 46-2738768

Operation Enduring Warrior

EIN  46-2738768 Public charity (501(c)(3)) Leesburg, VA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Rehabilitates wounded military and law enforcement veterans physically, mentally, and emotionally.
Leadership
Walter Romano · CEO/Chairman of the Board
Money in and out
$165K revenue, $91K expenses
Bottom line
53% program efficiency

Rehabilitates wounded military and law enforcement veterans physically, mentally, and emotionally. For fiscal year 2025 it reported $165K in revenue, $91K in expenses, and $577K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $74K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.42 Fundraising $0.06
Program efficiency
53%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
77.5mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+45%
revenue over expenses, this year▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$165K
FY2025▼ -1%
Expenses
$91K
FY2025▲ +2%
Total assets
$586K
FY2025▲ +27%
Total liabilities
$8K
FY2025▲ ×15
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$586K
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $45K of program spending, described in the organization's own filed words · FY2025.
01

The entity s most robust program athletics fortified existing partnerships with supporting race companies by participating in numerous obstacle course races throughout the U.S. While forging new partnership with allied companies.

$31Kprogram expense
02

The entity s skydive program facilitates initial training through the achievement of a uspa a-license. Resourceful managers within the program use creative and effective means to source the necessary modifications for safe parachuting among jumpers.

$9Kprogram expense
03

The entity s masked athletic team (mat) program assists our honorees in completing physically demanding race and ruck events. Our volunteers provide hands-on assistance to ensure that honorees can safely and successfully participate in each challenge.

$5Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Enduring Warrior
EINHdr · item D46-2738768
Principal addressHdr · item CLeesburg, VA
WebsiteHdr · item Jwww.enduringwarrior.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F80)
Ruling yearIRS BMFDec 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO/Chairman of the Board
$0Pt VII · Sec A
CFO/Secretary
$0Pt VII · Sec A
COO/President
$0Pt VII · Sec A
$0Pt VII · Sec A
VP Communications
$0Pt VII · Sec A
Board Member at Large
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$160K · 97%
Investment income$4K · 3%
Contributions & grants97%$160K
Investment income3%$4K
Other revenue$562
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.42 Fundraising $0.06
Program services53%$48K
Management & general42%$38K
Fundraising6%$5K
Total functional expensesLn 25$91K

Balance Sheet

Part X · end of year
CashLn 1$586K
Total assetsLn 16$586K
Total liabilitiesLn 26$8K
Total net assetsLn 32$577K
Months of cash on handcomputed77.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $586K · Operating expenses/yr $91K
77.5 months
Where the money goes
Program services
Program services $48K · Total expenses $91K
53%
Management & General
Management & general $38K · Total expenses $91K
42%
Fundraising
Fundraising $5K · Total expenses $91K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $133K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $160K · Total revenue $165K
97%
Government reliance
Government grants — · Total revenue $165K
Earned-income share
Program service revenue $0 · Total revenue $165K
0%
Investment reliance
Investment income $4K · Total revenue $165K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $91K
0%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $166K
-1%
Revenue CAGR
FY2020 $271K · FY2025 $165K
-9%
Net-asset trend (YoY)
End of year $577K · Beginning of year $460K
+25%
Balance sheet
Surplus Margin
Revenue $165K · Expenses $91K
+45%
Liabilities-to-Assets
Total liabilities $8K · Total assets $586K
1%
Net-asset ratio
Net assets $577K · Total assets $586K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $586K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Walter Romano · Reported title CEO/CHAIRMAN OF THE BOARD · Highest reported compensation $0 · Total expenses $91K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $91K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 42%
Fundraising cost ratio 3%
Revenue growth -1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$40K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$165K revenue · viewing · ⤓ 990 PDF
FY2024$166K revenue · ⤓ 990 PDF
FY2023$155K revenue · ⤓ 990 PDF
FY2022$148K revenue · ⤓ 990 PDF
FY2021$357K revenue · ⤓ 990 PDF
FY2020$271K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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