Operation Enduring Warrior EIN 46-2738768

Operation Enduring Warrior FY2022 filing

EIN  46-2738768 Public charity (501(c)(3)) Leesburg, VA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Rehabilitates wounded military and law enforcement veterans physically, mentally, and emotionally.
Leadership
Walt Romano · CEO
Money in and out
$148K revenue, $258K expenses
Bottom line
19.1mo operating runway

Rehabilitates wounded military and law enforcement veterans physically, mentally, and emotionally. For fiscal year 2022 it reported $148K in revenue, $258K in expenses, and $376K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$148K
Pt VIII · Ln 12
Total expenses
$258K
Pt IX · Ln 25
Net assets
$376K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$111K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.07 Fundraising $0.01
Operating runway
19.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-75%
revenue over expenses, this year
Donor-funded
93%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$148K
FY2022▼ -59%
Expenses
$258K
FY2022▲ +18%
Total assets
$386K
FY2022▼ -32%
Total liabilities
$9K
FY2022▲ +101%
Total revenue
$148K
Pt VIII · Ln 12
Total expenses
$258K
Pt IX · Ln 25
Net assets
$376K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$111K
Total assetsPt X · Ln 16$386K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $163K of program spending, described in the organization's own filed words · FY2022.
01

The entity's most robust program, athletics, fortified existing partnerships with supporting race companies by participating in numerous obstacle course races throughout the us, while forging new partnerships with allied companies.

$100Kprogram expense
02

The entity's adventure program saw honorees and team members conducting cold weather and mountaineering training. The adventure program pushes the scope beyond a racecourse, and evokes endurance and commitment, resulting in rich bonding, fellowship and comradery.

$34Kprogram expense
03

The entity's skydive program facilitates initial training through to 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 with serious permanent injuries, such as amputations and spinal cord injuries.

$29Kprogram 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 1a8
Independent voting membersPt VI · Ln 1b8
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
VP Business Mgmt
$0Pt VII · Sec A
VP Communications
$0Pt VII · Sec A
VP Finance
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$138K · 93%
Other revenue$10K · 7%
Contributions & grants93%$138K
Other revenue7%$10K
Investment income$57
Total revenueLn 12$148K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.07 Fundraising $0.01
Program services63%$163K
Management & general7%$18K
Fundraising1%$2K
Total functional expensesLn 25$258K

Balance Sheet

Part X · end of year
CashLn 1$410K
Total assetsLn 16$386K
Total liabilitiesLn 26$9K
Total net assetsLn 32$376K
Months of cash on handcomputed19.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $410K · Operating expenses/yr $258K
19.1 months
Where the money goes
Program services
Program services $163K · Total expenses $183K
not reported
Management & General
Management & general $18K · Total expenses $183K
not reported
Fundraising
Fundraising $2K · Total expenses $183K
not reported
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $252K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $138K · Total revenue $148K
93%
Government reliance
Government grants — · Total revenue $148K
Earned-income share
Program service revenue $0 · Total revenue $148K
0%
Investment reliance
Investment income $57 · Total revenue $148K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $258K
0%
Growth & trend
Revenue growth (YoY)
This year $148K · Prior year $357K
-59%
Net-asset trend (YoY)
End of year $376K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $148K · Expenses $258K
-75%
Liabilities-to-Assets
Total liabilities — · Total assets $386K
Net-asset ratio
Net assets $376K · Total assets $386K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $386K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Walt Romano · Reported title CEO · Highest reported compensation $0 · Total expenses $258K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $258K
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 7%
Fundraising cost ratio 2%
Revenue growth -59%
Legal fee ratio 0%

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 · ⤓ 990 PDF
FY2024$166K revenue · ⤓ 990 PDF
FY2023$155K revenue · ⤓ 990 PDF
FY2022$148K revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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