Operation Veterans Assistance

Nonprofit profile at a glance

EIN
462963942
IRS 990 coverage
2014–2023
Forms available
Form 990 2023
Location
Wenatchee, WA, USA
Phone
5098887313
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$428,022
Expenses
$586,170
Assets
$-105
Liabilities
$975,939

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • KAREN MONROE (PRESIDENT/TR)

People named in this filing

  • WOODY LAWSON (BOARD MEMBER)
  • GERALD H ANGLIN (VICE PRESIDE)
  • MILES DARLINGTON (BOARD MEMBER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To end homelessness and assist veterans in the community; provide assistance to veterans family members; community and humanitarian support

What it reported doing in 2023

Humanitarian aid program: is a life saving program to help ensure the safety and welfare of the homeless in the central Washington area. Our goal is to prevent the death of our fellow americans, through issueing them cold weather items to survive the extreme cold weather climate of the outdoors in our area.we help in the following areas: veterans others operation total veterans dependants others dependeants community worker support program 11: ability to work in store for in-kind-goods and services. Able to use experience gain on resume. 2 0 36 9 total of 47 helpped at a cost of 6,499' through our program we were able to help individual veterns and their dependents, other individule and their dependant. A varitey of help was given in the form of sufeed animals, children books, furniture, electric charies, referals, funds and materials for various ramps and their installations, clothing and housing, and numerous referrals and assistance. Operations vets rely on community support in donations of funds and goods. But most importanly, the time that is donated from individuals.

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

SUPPORTED - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 12
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 78.8%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -36.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: -0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -14.1% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -16.9% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 78.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $462K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2014 to 2023
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.