Operation Pay It Forward
- Assets
- $841.8k
- Revenue
- $288.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Herriman, UT
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-1938297
Organization Overview
Operation Pay It Forward is located in Herriman, UT. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Pay It Forward is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Operation Pay It Forward generated $288.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $149.5k during the year ending 12/2021. While expenses have increased by 7.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SHOW OUR APPRECIATION FOR VETERANS BY CONNECTING THEM WITH OTHERS THAT SHARE THE SAME PASSIONS AND ARE WILLING TO GET THEM INTO THE OUTDOORS AND ENJOYING LIFE AGAIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES FOR VETERANS AS PART OF THE ORGANIZATION'S MISSION STATEMENT. DONATED SERVICE EXPENSES OF $36,000 WERE PROVIDED, CONSISTING OF HUNTING GUIDE, RIFLE TRAINING AND CATAMERAN TRIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Vanderhoof Chief Fundraising Officer | OfficerTrustee | 25 | $0 |
Michael Burns President | OfficerTrustee | 30 | $0 |
Angelina Kendzor COO | OfficerTrustee | 20 | $0 |
Eric Pauly Vice President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,644 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $70,920 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $680 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,536 |
| Information technology | $848 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,095 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,568 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $31,106 |
| Total functional expenses | $149,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $561,566 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $280,205 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $841,771 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $841,771 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $841,771 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Operation Pay It Forward has recieved totaling $37,786.
| Awarding Organization | Amount |
|---|---|
American Foundation Of Utah Inc Phoenix, AZ PURPOSE: GENERAL | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,933 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $5,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $253 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veteran Tickets Foundation Tempe, AZ | $3,473,043 | $70,156,514 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
A Sanctuary For Military Families Inc Granby, CO | $1,662,699 | $1,856,266 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
American Legion Apache Junction, AZ | $3,212,238 | $3,405,557 |
Paralyzed Veterans Of America Phoenix, AZ | $1,356,804 | $1,158,050 |
Veteran Sheepdogs Of Colorado Colorado Springs, CO | $0 | $952,880 |
American Legion Denver, CO | $1,954,041 | $762,076 |
Retired Enlisted Association Centennial, CO | $3,860,050 | $787,674 |
American Legion Albuquerque, NM | $1,452,462 | $577,385 |
Redemption And Recovery Foundation Torrey, UT | $1,466,642 | $0 |
Veterans Of Foreign Wars Of The United States Dept Of Arizona Tucson, AZ | $986,381 | $549,429 |