Wounded Warrior Project Inc
Nonprofit profile at a glance
- EIN
- 202370934
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Jacksonville, FL, USA
- Phone
- 9042967350
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
Reported finances
- Revenue
- $431,679,370
- Expenses
- $390,335,558
- Assets
- $590,833,074
- Liabilities
- $80,208,936
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- WALTER E PIATT (CHIEF EXECUTIVE OFFICER(AS OF 03/24))
Highest reported compensation
- WALTER E PIATT (CHIEF EXECUTIVE OFFICER(AS OF 03/24)): $404,382 total reported compensation
- JENNIFER M SILVA (CHIEF PROGRAM OFFICER): $382,691 total reported compensation
- MICHAEL LINNINGTON (CHIEF EXCEUTIVE OFFICER(THRU 03/24)): $375,393 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wounded warrior project (wwp) is the nation's leading veterans service organization, focused on the total well-being of post - 9/11 veterans, active-duty service members, and their families. Our programs, advocacy, and awareness efforts help warriors (see schedule o)thrive, provide essential lifelines to families and caregivers, and prevent veteran suicides.
What it reported doing in 2024
Financial wellness programs - an important component of successful transition to civilian life for wounded service members is the opportunity to pursue a meaningful career, achieve financial stability, and provide for their family. Total financial wellness programs expenses were $38,821,354, including grants of $3,689,987, for the fiscal year ended september 30, 2025. Wwp provides the following financial wellness programs: benefits services: wwp's benefits services team advocates for injured veterans and their family members to obtain their well- earned va government benefits. Wwp's va-certified team of representatives provides warriors and family members with the support and qualified help needed to navigate the va benefits claims process. The benefits team helps warriors and their families to understand their options, receive their benefits, and remain focused on their recoveries. In fiscal year 2025, issues awarded on behalf of warriors through benefits service resulted in an economic impact of $263.7 million.warriors to work: wwp's warriors to work program provides warriors and their family members with the resources and assistance they require to be successful in the civilian workforce. Warriors to work provides training, coaching, interview preparation, and other career services, as well as encourages and educates employers on the benefits of hiring wounded warriors. Program participants learn the skills necessary to find meaningful employment, live financially resilient lives, and are empowered to reach their highest career ambitions. In fiscal year 2025, 1,279 warriors and family members that participated in the warriors to work program were placed in positions, with an average full-time salary of $71,619 and an average part-time salary of $26,647, which had an economic impact of $75 million from annualized employment compensation.financial readiness: wwp's financial readiness program helps warriors build a solid financial foundation for themselves and their families. Wwp offers educational seminars, one-on-one counseling, and online resources covering topics like personal finance, budgeting, saving, debt management, and long-term planning. These services equip warriors with the tools, resources, and support they need to achieve financial wellness today, for a better tomorrow. Along that journey, unexpected challenges and emergencies can occur that can put a warrior's recovery progress in jeopardy. In fiscal year 2025, 4,653 warriors and family members participated in the financial readiness program. The wwp emergency financial assistance service provides grants to warriors facing urgent financial challenges affecting their lives, safety, and shelter. Wwp issued grants to 4,859 warriors totaling $3,689,987. See schedule i, part ii.physical health and wellness - wwp's physical health and wellness program empowers warriors to adopt healthier lifestyles through movement, nutrition and sleep education, coaching, goal setting, and skill- building. The cornerstone of the program is a 90-day coaching program delivered in person and virtually by full-time staff, which helps warriors adopt an active lifestyle and better nutritional habits. Warriors reach their goals through various activities and challenges that help them improve their physical health, mental health, and overall well-being. In fiscal year 2025, there were 11,593 participants in wwp ph&w programs. Of those participants, 1,606 participated in the coaching program and 74% showed improved mobility after participation in the program. Those warriors who participated in the coaching program lost a combined 5,453 pounds. Total physical health & wellness program expenses were $21,175,587, including grants of $125,000 for the fiscal year ended september 30, 2025. Wwp provides the following physical health and wellness programs: adaptive sports: the wwp adaptive sports program empowers warriors to unleash their highest potential by participating in modified athletic oppor
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 81% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 73
- Accountability: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.6%; rating input score 68
- Program expense ratio: 70.4%; rating input score 70
- Fundraising efficiency: $4.32 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 95.2%; rating input score 95; 35th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.6%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 67.6% of revenue deployed · 70.4% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $274.6M in reported program spending
- Leadership: top reported pay $404K · 30 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $33.1M reported
- Consistency: 43 of 45 current checks pass · 2 findings to review
- Schedules: 10 filed schedules · includes foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 66 filed money-flow records
- Related organizations: 51 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.