Operation 120 INC FY2020 filing

Boca Raton, FLUnknown exempt organization EIN 82-1364858Revenue $243K in FY2020

On file with the IRS5782 Regency Circle West · Boca Raton, FL

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To empower female military veterans for a successful reintegration to life after service by assisting them with supportive housing, job training, employment, and support services.

90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $79K a year · 32% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$243K
Spent
$134K
To programs
90%
Net assets
$122K
By yearFY2020–FY2022
Revenue
$243K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$243K
FY2021$247K
FY2022$25K
Expenses
$134K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$134K
FY2021$198K
FY2022Not on file
Net assets
$122K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$122K
FY2021$171K
FY2022Not on file

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $120K Management & general 10% · $13K Fundraising 0% · $600

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Operation 120 INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps female veterans find housing, jobs, and support for life after service.

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Provided by the organization

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1 program · $120K · in their own filed words · FY2020
01

Operation120 Inc., is a nonprofit 501(c)3 based in Boca Raton, FL. Operation120 desires to provide supportive housing and transitional life skills services to displaced and at-risk female military veterans.

$120Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$243K
Ln 12
Gifts and grantsLn 1h$243K
Money outPt IX
$134K
Ln 25
Programscol B$120K
Managementcol C$13K
Fundraisingcol D$600
Owns and owesPt X
$122K
net assets · Ln 32
Cash and savingsLn 1–2$136K
Total assetsLn 16$136K
LiabilitiesLn 26$13K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$243K
Noncash giftsLn 1g$16K
Gains on assetsLn 7$0
Total revenueLn 12$243K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$124K
Cash and savings togetherLn 1–2$136K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$136K
LiabilitiesLn 26$13K
Net assetsLn 32$122K
OperationsPt I, VI
EmployeesI 58
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$13K$136K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$13K$136K
LiabilitiesLn 26$0$13K
Net assetsLn 32$13K$122K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$15K$15K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$32K$26K$6K$600
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$9K$8K$367
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$250$250
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$26K$20K$7K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$35K$35K
All other expensesLn 24e$13K$12K$276
Total functional expensesLn 25$134K$120K$13K$600

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $25K 990 PDF
FY2021 $247K$198K$49K$171K 990 PDF
FY2020 Viewing $243K$134K$109K$122K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $243,235 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,446$243,235
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $110,446$243,235
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $64,856$56,057
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $33,039$78,093
I-18 Total expensesPrior year $97,895$134,150
I-19 Revenue less expensesPrior year $12,551$109,085
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $243,235 across 9 lines filed
VIII-1f All other contributions, gifts and grants$243,235
VIII-1g Noncash contributions (included above)$15,820
VIII-1h Total contributions, gifts and grants$243,235
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$243,235
Part IX · Statement of functional expenses $134,150 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $15,000$15,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $25,767 · Management $6,113 · Fundraising $600$32,480
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $8,210 · Management $367$8,577
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $1,324$1,324
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $250$250
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $19,729 · Management $6,576$26,305
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $2,251$2,251
IX-24 Other expenses (24a–d)Programs $35,307$35,307
IX-24e All other expensesPrograms $12,380 · Management $276$12,656
IX-25 Total functional expensesPrograms $120,218 · Management $13,332 · Fundraising $600$134,150
Part X · Balance sheet $135,615 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $6,675$12,066
X-2 Savings and temporary cash investmentsStart of year $6,455$123,549
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $13,130$135,615
X-25 Other liabilities$13,400
X-26 Total liabilitiesStart of year $0$13,400
X-27 Net assets without donor restrictionsStart of year $13,130$122,215
X-32 Total net assets or fund balancesStart of year $13,130$122,215
X-33 Total liabilities and net assetsStart of year $13,130$135,615
Part XI · Reconciliation of net assets $122,215 net assets at year end
XI-1 Total revenue$243,235
XI-2 Total expenses$134,150
XI-3 Revenue less expenses$109,085
XI-4 Net assets at start of year$13,130
XI-10 Net assets at end of year$122,215

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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