Operation Resolute Inc
Operation Resolute Inc. shows consistent revenue and asset growth with no reported officer compensation.
EIN: 203577637 · Belhaven, NC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $313K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,874,844 |
| Net Assets | $1.5M |
| Transparency Score | 90/100 |
Is Operation Resolute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Operation Resolute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Operation Resolute Inc
Operation Resolute Inc (EIN: 203577637) is a nonprofit organization based in Belhaven, NC, classified under NTEE code X20. The organization reported total revenue of $2.9M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Resolute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operation Resolute Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $313K |
| Surplus / Deficit | +$152K |
| Total Assets | $1.5M |
| Total Liabilities | $2K |
| Net Assets | $1.5M |
| Operating Margin | 32.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 59.2 months |
Financial Health Grade: A
In 2023, Operation Resolute Inc reported a surplus of $152K with revenue exceeding expenses, holds 59.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Operation Resolute Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.8% | -7.7% | +10.3% |
| 2022 | -18.9% | +9.8% | +25.9% |
| 2021 | +16.9% | +18.8% | +64.0% |
| 2020 | +78.8% | +5.4% | +154.2% |
| 2019 | +131.0% | +23.9% | +80.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Operation Resolute Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Operation Resolute Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $152K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Operation Resolute Inc. has reported 0% officer compensation across all available filings, which is highly unusual for an organization of its size (latest revenue $2,874,844) and suggests a strong reliance on volunteer leadership or very low-paid executive staff, contributing to high program efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Operation Resolute Inc's IRS 990 filings:
- Unusually low liabilities in some years compared to assets, such as $1,073 in 2021 with assets of $1,114,955, which could warrant further inquiry into financial structure.
- Significant jump in liabilities in 2023 to $2,472, which, while not high in absolute terms, is a notable increase from previous years and could indicate new financial commitments.
Strengths
The following positive indicators were identified for Operation Resolute Inc:
- Consistent revenue growth over the past decade, demonstrating increasing support and sustainability.
- Strong asset accumulation, with assets growing from $29,188 in 2014 to $1,547,661 in 2023, indicating financial stability and capacity.
- Expenses consistently lower than revenue, leading to a healthy surplus each year.
- 0% reported officer compensation across all filings, suggesting extremely efficient use of funds for program services.
- Regular and consistent IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Operation Resolute Inc
Is Operation Resolute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Operation Resolute Inc (EIN: 203577637) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Operation Resolute Inc spend its money?
Operation Resolute Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Operation Resolute Inc tax-deductible?
Operation Resolute Inc is registered as a tax-exempt nonprofit (EIN: 203577637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Operation Resolute Inc CEO make?
Operation Resolute Inc's highest-compensated officer earns $2,874,844 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Operation Resolute Inc's spending goes to programs?
Operation Resolute Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Operation Resolute Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Operation Resolute Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Operation Resolute Inc located?
Operation Resolute Inc is headquartered in Belhaven, North Carolina and files with the IRS under EIN 203577637. It is classified under NTEE code X20.
How many years of IRS 990 filings does Operation Resolute Inc have?
Operation Resolute Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Is Operation Resolute Inc. a good charity?
Based on the available financial data, Operation Resolute Inc. appears to be a well-managed charity. It consistently generates more revenue than expenses, builds assets, and reports no officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has Operation Resolute Inc.'s financial health changed over time?
Operation Resolute Inc. has shown significant financial growth and improved health over the past decade. Revenue increased from $159,017 in 2014 to $465,298 in 2023, and assets grew substantially from $29,188 to $1,547,661 in the same period, indicating strong financial stewardship.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This indicates that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a highly efficient model for a nonprofit.
Filing History
IRS 990 filing history for Operation Resolute Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Operation Resolute Inc's revenue has grown by 387.8%, moving from $95K to $465K. Total assets increased by 2737.2% over the same period, from $55K to $1.5M. Total functional expenses rose by 654.4%, from $42K to $313K. In its most recent filing year (2023), Operation Resolute Inc reported a surplus of $152K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $465K | $313K | $1.5M | $2K | — | — |
| 2022 | $619K | $340K | $1.4M | $10K | — | — |
| 2021 | $764K | $309K | $1.1M | $1K | — | View 990 |
| 2020 | $654K | $260K | $680K | $21K | — | View 990 |
| 2019 | $366K | $247K | $268K | $1K | — | View 990 |
| 2018 | $158K | $199K | $148K | $479 | — | View 990 |
| 2017 | $202K | $175K | $192K | $3K | — | View 990 |
| 2016 | $121K | $175K | $164K | $3K | — | View 990 |
| 2015 | $322K | $131K | $218K | $2K | — | View 990 |
| 2014 | $159K | $189K | $29K | $4K | — | View 990 |
| 2013 | $95K | $42K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $465K, expenses of $313K, and assets of $1.5M (revenue -24.8% year-over-year).
- 2022: Revenue of $619K, expenses of $340K, and assets of $1.4M (revenue -18.9% year-over-year).
- 2021: Revenue of $764K, expenses of $309K, and assets of $1.1M (revenue +16.9% year-over-year).
- 2020: Revenue of $654K, expenses of $260K, and assets of $680K (revenue +78.8% year-over-year).
- 2019: Revenue of $366K, expenses of $247K, and assets of $268K (revenue +131.0% year-over-year).
- 2018: Revenue of $158K, expenses of $199K, and assets of $148K (revenue -21.7% year-over-year).
- 2017: Revenue of $202K, expenses of $175K, and assets of $192K (revenue +66.4% year-over-year).
- 2016: Revenue of $121K, expenses of $175K, and assets of $164K (revenue -62.3% year-over-year).
- 2015: Revenue of $322K, expenses of $131K, and assets of $218K (revenue +102.5% year-over-year).
- 2014: Revenue of $159K, expenses of $189K, and assets of $29K (revenue +66.7% year-over-year).
- 2013: Revenue of $95K, expenses of $42K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operation Resolute Inc:
Data Sources and Methodology
This transparency report for Operation Resolute Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.