Operation Enduring Warrior

Nonprofit profile at a glance

EIN
462738768
IRS 990 coverage
2015–2025
Forms available
Form 990 2025, Form 990-EZ 2017
Location
Leesburg, VA, USA
Phone
8137894271
Rating
53
Verdict
MIXED
Rating confidence
Standard
Sector
Mental Health Association

Official website

Reported finances

Revenue
$164,980
Expenses
$90,683
Assets
$585,727
Liabilities
$8,489

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • WALTER ROMANO (CEO/CHAIRMAN OF THE BOARD)
  • ROBERT TROY WARSHEL (COO/PRESIDENT)

People named in this filing

  • WALTER ROMANO (CEO/CHAIRMAN OF THE BOARD)
  • KEN CAVES (CFO/SECRETARY)
  • ROBERT TROY WARSHEL (COO/PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Is nbsp; a nbsp; veteran-founded nbsp; non-profit nbsp; to nbsp; honor nbsp; empower nbsp; and nbsp; motivate nbsp; our nbsp; nation apos; s nbsp; wounded nbsp; military nbsp; and nbsp; law nbsp; enforcement nbsp; veterans nbsp; through nbsp; physical nbsp; mental nbsp; and nbsp; emotional nbsp; rehabilitation

What it reported doing in 2025

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.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 100
  • Accountability: 6
  • Sustainability: 79
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.1%; rating input score 31
  • Program expense ratio: 53%; rating input score 53
  • Fundraising efficiency: $32.1 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 45%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 6.46; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -11.8% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -2.6% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 31.1% of revenue deployed · 53% of spending went to programs
  • Governance: 0 of 6 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $45K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.