Civic Intelligence

Warrior-Scholar Project Foundation

990 • Fiscal year 2021 • EIN 45-2745669

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 31, 2022

1012 14th Street NW Suite 1200Washington, DC 20005-3408

(202) 796-8777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

14th percentile

0.01x

Higher debt load relative to revenue than 14% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

86th percentile

48%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$161,036

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

85th percentile

37%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

49%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,817,913

Up $2,362,557 (+37%) from 2020

Net Assets

Up

$8,775,539

Up $2,625,633 (+43%) from 2020

Liabilities

Down

$42,374

Down $263,076 (-86%) from 2020

Revenue

Up

$5,151,688

Up $1,703,584 (+49%) from 2020

Expenses

Up

$2,657,893

Up $674,833 (+34%) from 2020

Net Income

Up

$2,493,795

Up $1,028,751 (+70%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2013: $173,421Liabilities 2013: $1,282Net Assets 2013: $172,1392013Assets 2014: $1,759,732Liabilities 2014: $0Net Assets 2014: $1,759,7322014Assets 2015: $1,847,787Liabilities 2015: $1,353Net Assets 2015: $1,846,4342015Assets 2016: $1,906,296Liabilities 2016: $396Net Assets 2016: $1,905,9002016Assets 2017: $3,030,649Liabilities 2017: $22,461Net Assets 2017: $3,008,1882017Assets 2018: $4,604,977Liabilities 2018: $6,635Net Assets 2018: $4,598,3422018Assets 2019: $4,683,304Liabilities 2019: $78,805Net Assets 2019: $4,604,4992019Assets 2020: $6,455,356Liabilities 2020: $305,450Net Assets 2020: $6,149,9062020Assets 2021: $8,817,913Liabilities 2021: $42,374Net Assets 2021: $8,775,5392021Assets 2022: $11,174,983Liabilities 2022: $80,823Net Assets 2022: $11,094,1602022Assets 2023: $14,010,709Liabilities 2023: $87,126Net Assets 2023: $13,923,5832023Assets 2024: $14,836,333Liabilities 2024: $38,533Net Assets 2024: $14,797,8002024

Highlighted filing

2021

Assets$8,817,913
Liabilities$42,374
Net Assets$8,775,539

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $269,235Expenses 2013: $99,268Net Income 2013: $169,9672013Revenue 2014: $1,995,907Expenses 2014: $408,314Net Income 2014: $1,587,5932014Revenue 2015: $1,196,755Expenses 2015: $1,187,353Net Income 2015: $9,4022015Revenue 2016: $1,325,551Expenses 2016: $1,260,097Net Income 2016: $65,4542016Revenue 2017: $2,353,389Expenses 2017: $1,244,878Net Income 2017: $1,108,5112017Revenue 2018: $3,330,699Expenses 2018: $1,668,405Net Income 2018: $1,662,2942018Revenue 2019: $2,417,609Expenses 2019: $2,536,919Net Income 2019: -$119,3102019Revenue 2020: $3,448,104Expenses 2020: $1,983,060Net Income 2020: $1,465,0442020Revenue 2021: $5,151,688Expenses 2021: $2,657,893Net Income 2021: $2,493,7952021Revenue 2022: $6,741,323Expenses 2022: $4,341,239Net Income 2022: $2,400,0842022Revenue 2023: $6,847,107Expenses 2023: $4,668,426Net Income 2023: $2,178,6812023Revenue 2024: $4,660,482Expenses 2024: $4,608,852Net Income 2024: $51,6302024

Highlighted filing

2021

Revenue$5,151,688
Expenses$2,657,893
Net Income$2,493,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 31, 2022
Return Version
2021v4.0
Gross Receipts
$5,322,408
Mission and Program Overview

Mission

The warrior-scholar project (wsp) empowers enlisted military veterans by providing them with a skill bridge that enables a successful transisiton from the battlefield to the classroom; maximizes their education opportunities by making them infomred consumers of education, and increases the confidence they will need to successfully complete a rigorous four-year undergraduate program at a top-tier school.

Our mission is to empower enlisted veterans and service members and amplify their voices as civic leaders by providing them with (1) a skill bridge that enables a successful transition to the classroom by making them informed consumers of higher education and increasing their confidence to apply to and complete rigorous degree programs at top-tier institutions, and (2) sustained support throughout their pursuit of higher education and into the workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,268,296$3,853,450▲ $1,585,154
Pledges and Grants Receivable$2,233,533$2,292,850▲ $59,317
Cash and Non-Interest-Bearing Accounts$298,209$2,204,981▲ $1,906,772
Savings and Temporary Cash Investments$1,569,641$440,328▼ $1,129,313
Prepaid Expenses and Deferred Charges$85,677$26,304▼ $59,373
Total Assets$6,455,356$8,817,913▲ $2,362,557
Liabilities
Unsecured Notes Loans Payable$255,000--
Accounts Payable and Accrued Expenses$28,590$42,374▲ $13,784
Deferred Revenue$21,860--
Total Liabilities$305,450$42,374▼ $263,076
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,901,127$6,514,602▲ $2,613,475
Net Assets With Donor Restrictions$2,248,779$2,260,937▲ $12,158
Total Net Assets Fund Balance$6,149,906$8,775,539▲ $2,625,633
Total Liabilities and Net Assets / Fund Balance$6,455,356$8,817,913▲ $2,362,557
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan PavelCEOFT$140,108$20,928$161,036

Board Members and Trustees

NameTitle
Mark LondonChairman & P
Arne SorensonDirector
Chris MichalikDirector
Darren GruendelDirector
David PattersonDirector
Jessica NelsonDirector
Julia DaileyDirector
Marla GehaDirector
Matt FlavinDirector
Peter BrooksDirector
Jesse ReisingDirector & C
Michael FotosDirector & S
Frank BrosensDirector & T
Nick RugoffDir, Cofo, &
Revenue and Support

Revenue Composition

Contributions and Grants
$5,078,941
Program Service Revenue
$0
Investment Income
$72,747
Other Revenue
$0
All Other Contributions
$4,823,941
Change in Net Assets
$2,493,795

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table5$189,473
Other Non Cash Contri Table5$32,031
Other Non Cash Contri Table6$12,333
Other Non Cash Contri Table5$5,683
Total Noncash Contributions21$239,520

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,151,688
Total Revenue per Audited Statements
$5,151,688
Total Revenue per Form 990
$5,151,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,878,120
Other Expenses$779,773
Total Fundraising Expense$275,233
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,120,205$203,873$179,773$1,503,851
Payroll Taxes$113,363$21,591$17,464$152,418
Current Officers, Directors, Trustees, and Key Employees$52,500$60,000$37,500$150,000
Fees for Services Other$37,986$28,870$7,158$74,014
Other Employee Benefits$31,657$25,755$14,439$71,851
Fees for Services Accounting-$67,583-$67,583
Travel$55,509$9,071$1,690$66,270
Information Technology$39,981$15,929$9,118$65,028
Other Expenses$36,789--$36,789
Office Expenses$30,742$1,717$2,077$34,536
All Other Expenses$2,950$22,833$5,758$31,541
Advertising$23,008$3,846$26$26,880
Occupancy$1,950$15,600-$17,550
Insurance$4,400$1,916-$6,316
Fees for Services Legal-$340-$340
Conferences and Meetings-$85$230$315
Interest-$-1,477-$-1,477
Total Functional Expenses$1,905,128$477,532$275,233$2,657,893

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,657,893
Total Expenses per Audited Statements$2,657,893
Total Expenses per Form 990$2,657,893
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is circulated via email to all board members

Form 990, Page 6, Part VI, Line 12C

Annual statement required and reviewed for conflict of interest

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Operation Opportunity Foundation
EIN
45-2745669
Phone
2027968777
Address
1012 14TH STREET NW SUITE 1200, WASHINGTON, DC 20005-3408
Doing Business As
Warrior-scholar Project

Signing Officer

Name
Ryan Pavel
Title
CEO
Phone
2027968777
Signed
2022-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark London
Formed
2011
Legal Domicile
De
Voting Board Members
14
Independent Board Members
14
Employees
55
Volunteers
250

Preparer

Firm
Georgen Scarborough Associates Pc
Address
243 CHURCH ST NW STE 100E, VIENNA, VA 22180-4437
Preparer
Kathy J Georgen CPA
Phone
7033193990
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

WARRIOR-SCHOLAR PROJECT

FORM 990 - ORGANIZATION'S MISSION

Our mission is to empower enlisted veterans and service members and amplify their voices as civic leaders by providing them with (1) a skill bridge that enables a successful transition to the classroom by making them informed consumers of higher education and increasing their confidence to apply to and complete rigorous degree programs at top-tier institutions, and (2) sustained support throughout their pursuit of higher education and into the workforce.

Form 990, Page 2, Part III, Line 4A

In 2021, warrior-scholar project collaborated with 22 higher education partners to provide one-week college preparatory academic boot camps and one-day community college workshops to transitioning service members and veterans. Boot camp programming served 302 unique individuals and 55 unique individuals were served through community college workshops. Warrior- scholar project operated 35 weeks of academic boot camp programming, 32 in the summer, 1 week in november, and 2 weeks in december, as well as 10 single-day community college workshops. 410 boot camp program slots were provided as follows: 265for humanities-focused boot camps; 109 for stem- focused boot camps; and 36for business & entrepreneurship-focused boot camps. Warrior-scholar project's programming covered study skills, soft skills, and cultural integration / self-care issues. Participants received the educational support, skills training, and academic confidence to make informed decisions about how, when, and where they will utilize their post-9/11 gi bill benefits. All programming was delivered at no cost to participants.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WARRIOR-SCHOLAR PROJECT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR MISSION IS TO EMPOWER ENLISTED VETERANS AND SERVICE MEMBERS AND AMPLIFY THEIR VOICES AS CIVIC LEADERS BY PROVIDING THEM WITH (1) A SKILL BRIDGE THAT ENABLES A SUCCESSFUL TRANSITION TO THE CLASSROOM BY MAKING THEM INFORMED CONSUMERS OF HIGHER EDUCATION AND INCREASING THEIR CONFIDENCE TO APPLY TO AND COMPLETE RIGOROUS DEGREE PROGRAMS AT TOP-TIER INSTITUTIONS, AND (2) SUSTAINED SUPPORT THROUGHOUT THEIR PURSUIT OF HIGHER EDUCATION AND INTO THE WORKFORCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN 2021, WARRIOR-SCHOLAR PROJECT COLLABORATED WITH 22 HIGHER EDUCATION PARTNERS TO PROVIDE ONE-WEEK COLLEGE PREPARATORY ACADEMIC BOOT CAMPS AND ONE-DAY COMMUNITY COLLEGE WORKSHOPS TO TRANSITIONING SERVICE MEMBERS AND VETERANS. BOOT CAMP PROGRAMMING SERVED 302 UNIQUE INDIVIDUALS AND 55 UNIQUE INDIVIDUALS WERE SERVED THROUGH COMMUNITY COLLEGE WORKSHOPS. WARRIOR- SCHOLAR PROJECT OPERATED 35 WEEKS OF ACADEMIC BOOT CAMP PROGRAMMING, 32 IN THE SUMMER, 1 WEEK IN NOVEMBER, AND 2 WEEKS IN DECEMBER, AS WELL AS 10 SINGLE-DAY COMMUNITY COLLEGE WORKSHOPS. 410 BOOT CAMP PROGRAM SLOTS WERE PROVIDED AS FOLLOWS: 265FOR HUMANITIES-FOCUSED BOOT CAMPS; 109 FOR STEM- FOCUSED BOOT CAMPS; AND 36FOR BUSINESS & ENTREPRENEURSHIP-FOCUSED BOOT CAMPS. WARRIOR-SCHOLAR PROJECT'S PROGRAMMING COVERED STUDY SKILLS, SOFT SKILLS, AND CULTURAL INTEGRATION / SELF-CARE ISSUES. PARTICIPANTS RECEIVED THE EDUCATIONAL SUPPORT, SKILLS TRAINING, AND ACADEMIC CONFIDENCE TO MAKE INFORMED DECISIONS ABOUT HOW, WHEN, AND WHERE THEY WILL UTILIZE THEIR POST-9/11 GI BILL BENEFITS. ALL PROGRAMMING WAS DELIVERED AT NO COST TO PARTICIPANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS CIRCULATED VIA EMAIL TO ALL BOARD MEMBERS

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.04$14.8$4.66$4.61$0.05
2023Summary only. Only limited summary data is available for this year.$14.0$0.09$13.9$6.85$4.67$2.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$0.08$11.1$6.74$4.34$2.40
2021Detailed filing. Detailed filing data is available for this year.$8.82$0.04$8.78$5.15$2.66$2.49
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$0.31$6.15$3.45$1.98$1.47
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.08$4.60$2.42$2.54$0.12
2018Summary only. Only limited summary data is available for this year.$4.60$0.01$4.60$3.33$1.67$1.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.02$3.01$2.35$1.24$1.11
2016Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$1.33$1.26$0.07
2015Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$1.20$1.19$0.01
2014Summary only. Only limited summary data is available for this year.$1.76$0.00$1.76$2.00$0.41$1.59
2013Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.27$0.10$0.17