Operation Phantom Support Inc

Nonprofit profile at a glance

EIN
464212836
IRS 990 coverage
2014–2019
Forms available
Form 990 2019
Location
Killeen, TX, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$392,175
Expenses
$332,022
Assets
$332,685
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHN N VALENTINE III (CEO)
  • JAMES BELL (SENIOR VICE PRESIDENT)
  • MELVIN LOMAX (VICE PRESIDENT)

People named in this filing

  • JOHN N VALENTINE III (CEO)
  • JAMES BELL (SENIOR VICE PRESIDENT)
  • MELVIN LOMAX (VICE 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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to assist active duty and honorably discharged veterans with thier needs in a dignified and honorable manner. We provide the following programs to these individuals on a no fee basis. The resale store, free cakes for kids birthdays, operation cake drop and others.

What it reported doing in 2019

Operation phantom support outdoors was envisioned to provide hunting and fishing trips for service members and veterans in the greater fort hood area. By matching soldiers with volunteers who own hunting sites or who are willing to provide a fishing experience to soldiers free of charge the morale amoung those supported will be greatly enhansed. These trips will be coordinated and hopefully stress free opportunities for our soldiers and wounded warriors and veterans to experience the wonders of the wild areas on and off of fort hood. Guides familuar with the area will assist with the introduction to nature and hopefully provide a once in a lifetime experience for the local military community.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 89
  • Accountability: 94
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.7%; rating input score 85
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 15.3%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 29.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 16.4% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 30.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 84.7% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 7 filing controls reported
  • Programs: 13 filed program accomplishments · $332K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2014 to 2019
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.