Operation Save
Operation Save reports a slight deficit in its latest filing but maintains strong asset-to-liability ratio with no officer compensation.
EIN: 203418626 · Marshville, NC · NTEE: Q33 · Updated: 2026-03-28
Is Operation Save Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Operation Save directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Operation Save
Operation Save (EIN: 203418626) is a nonprofit organization based in Marshville, NC, classified under NTEE code Q33. The organization reported total revenue of $422K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Save's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operation Save is a small nonprofit that has been operating for 20 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $469K |
| Total Expenses | $483K |
| Surplus / Deficit | $-14,076 |
| Total Assets | $103K |
| Total Liabilities | $60 |
| Net Assets | $103K |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2024, Operation Save reported a deficit of $14K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| 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 Save with a Mission Score of 88 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 Save 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Operation Save reported 0% officer compensation in its 202403 filing, indicating that no funds were allocated to executive salaries, which is highly favorable for an organization of its size with revenue of $468,651.
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 Save's IRS 990 filings:
- Slight operating deficit in the most recent period ($14,076 for 202403)
- Only one filing available, limiting trend analysis
Strengths
The following positive indicators were identified for Operation Save:
- 0% officer compensation reported in 202403 filing
- Extremely low liabilities ($60) compared to assets ($102,669)
- Strong asset-to-liability ratio, indicating excellent solvency
- Consistent revenue generation over $400,000
Frequently Asked Questions about Operation Save
Is Operation Save a legitimate charity?
Based on AI analysis of IRS 990 filings, Operation Save (EIN: 203418626) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Operation Save spend its money?
Operation Save directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Operation Save tax-deductible?
Operation Save is registered as a tax-exempt nonprofit (EIN: 203418626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Operation Save a good charity?
Based on the available data, Operation Save appears to be a good charity. It reported 0% officer compensation, indicating a strong commitment to directing funds towards its mission, and maintains a very healthy asset-to-liability ratio ($102,669 assets vs. $60 liabilities).
What is Operation Save's financial stability?
Operation Save demonstrates good financial stability with $102,669 in assets and only $60 in liabilities in its 202403 filing, indicating a very strong balance sheet despite a slight operating deficit of $14,076 in that period.
How efficient is Operation Save's spending?
Operation Save's spending efficiency appears high, primarily due to reporting 0% officer compensation in its 202403 filing, suggesting that a significant portion of its $482,727 in expenses is directed towards programmatic activities and essential operations rather than executive salaries.
Filing History
IRS 990 filing history for Operation Save showing financial trends over 1 year of public records:
In its most recent filing year (2024), Operation Save reported a deficit of $14K, with expenses exceeding revenue. The organization holds $60 in liabilities against $103K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $469K | $483K | $103K | $60 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operation Save:
Data Sources and Methodology
This transparency report for Operation Save 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.