Operation Pay IT Forward EIN 81-1938297 Form 990 (PDF) Claim this org

Operation Pay IT Forward FY2021 filing

Not yet claimed Claim this org →

Connects veterans with shared passions for outdoor activities and enjoying life. For fiscal year 2021 it reported $289K in revenue, $150K in expenses, and $842K in net assets.Pt I

Founded
2016
Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Lehi, UT
Filings
6 on file (2020–2021)
Revenue
$289KFY2021
Expenses
$150K
Net assets
$842K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-1938297 Public charity (501(c)(3)) Lehi, UT Founded 2016
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Operation Pay IT Forward claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects veterans with shared passions for outdoor activities and enjoying life.
Leadership
Michael Burns · President
Money in and out
$289K revenue, $150K expenses
Bottom line
85% program efficiency
Where the money goes · FY2021
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$842K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $139K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program efficiency
85%
of spending reaches programs
Operating runway
45.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$289K
FY2021▼ -62%
Expenses
$150K
FY2021▲ +57%
Total assets
$842K
FY2021▲ +25%
Total liabilities
$0
FY2021
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$842K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$139K
Total assetsPt X · Ln 16$842K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Pay IT Forward
EINHdr · item D81-1938297
Principal addressHdr · item CLehi, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2016
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W30)
Ruling yearIRS BMFMar 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Fundraising Officer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Operation Pay IT Forward executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $128K of program spending, described in the organization's own filed words · FY2021.
01

Activities for veterans as part of the organization's mission statement. Donated service expenses of $36,000 were provided, consisting of hunting guide, rifle training and catameran trip services.

$128Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$218K · 75%
Other revenue$71K · 25%
Contributions & grants75%$218K
Other revenue25%$71K
Total revenueLn 12$289K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program services85%$128K
Management & general11%$16K
Fundraising4%$5K
Total functional expensesLn 25$150K

Balance Sheet

Part X · end of year
CashLn 1$562K
Total assetsLn 16$842K
Total liabilitiesLn 26$0
Total net assetsLn 32$842K
Months of cash on handcomputed45.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $562K · Operating expenses/yr $150K
45.1 months
Where the money goes
Program services
Program services $128K · Total expenses $150K
85%
Management & General
Management & general $16K · Total expenses $150K
11%
Fundraising
Fundraising $5K · Total expenses $150K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $469K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $218K · Total revenue $289K
75%
Government reliance
Government grants — · Total revenue $289K
Earned-income share
Program service revenue $0 · Total revenue $289K
0%
Investment reliance
Investment income $0 · Total revenue $289K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $150K
0%
Growth & trend
Revenue growth (YoY)
This year $289K · Prior year $762K
-62%
Net-asset trend (YoY)
End of year $842K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $289K · Expenses $150K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $842K
Net-asset ratio
Net assets $842K · Total assets $842K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $842K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Burns · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $150K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $150K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 11%
Fundraising cost ratio 2%
Revenue growth -62%
Legal fee ratio 0.5%
Accounting fee ratio 0.5%

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 · FY2025
Total grants receivedfrom 1 funder$75K

Similar Organizations

Closest in mission — by what they do
See all organizations like Operation Pay IT Forward →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$697K revenue · ⤓ 990 PDF
FY2024$921K revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$750K revenue · ⤓ 990 PDF
FY2021$289K revenue · viewing · ⤓ 990 PDF
FY2020$762K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.