Operation Vet Fit
EIN: 460672516 · Mt Pleasant, SC · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $232K |
| Net Assets | $-28,914 |
Is Operation Vet Fit Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Operation Vet Fit
Operation Vet Fit (EIN: 460672516) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code W30. The organization reported total revenue of $83K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Vet Fit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operation Vet Fit is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224K |
| Total Expenses | $232K |
| Surplus / Deficit | $-8,451 |
| Total Assets | $46K |
| Total Liabilities | $75K |
| Net Assets | $-28,914 |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 163.0% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Operation Vet Fit reported a deficit of $8K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 163.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Operation Vet Fit's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +232.2% | +167.4% | -13.7% |
| 2022 | -40.9% | -20.7% | -27.1% |
| 2021 | +105.9% | +60.2% | +335.1% |
| 2020 | -51.6% | +81.7% | -79.5% |
| 2019 | +36.4% | -20.3% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Operation Vet Fit has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Operation Vet Fit with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 163.0%.
Frequently Asked Questions about Operation Vet Fit
Is Operation Vet Fit a legitimate charity?
Operation Vet Fit (EIN: 460672516) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. Financial health grade: D.
How does Operation Vet Fit spend its money?
Operation Vet Fit reported $83K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Operation Vet Fit tax-deductible?
Operation Vet Fit is registered as a tax-exempt nonprofit (EIN: 460672516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Operation Vet Fit located?
Operation Vet Fit is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 460672516. It is classified under NTEE code W30.
How many years of IRS 990 filings does Operation Vet Fit have?
Operation Vet Fit has 12 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 $83K in total revenue.
Filing History
IRS 990 filing history for Operation Vet Fit showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Operation Vet Fit's revenue has grown by 891.2%, moving from $23K to $224K. Total assets increased by 66401.4% over the same period, from $69 to $46K. Total functional expenses rose by 931.7%, from $23K to $232K. In its most recent filing year (2023), Operation Vet Fit reported a deficit of $8K, with expenses exceeding revenue. The organization holds $75K in liabilities against $46K in assets (debt-to-asset ratio: 163.0%), resulting in net assets of $-28,914.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $232K | $46K | $75K | — | View 990 |
| 2022 | $67K | $87K | $53K | $74K | — | View 990 |
| 2021 | $114K | $110K | $73K | $75K | — | View 990 |
| 2020 | $55K | $68K | $17K | $23K | — | View 990 |
| 2019 | $114K | $38K | $82K | $0 | — | View 990 |
| 2018 | $84K | $47K | $59K | $4K | — | View 990 |
| 2017 | $29K | $31K | $22K | $0 | — | View 990 |
| 2016 | $16K | $49K | $24K | $0 | — | View 990 |
| 2015 | $114K | $70K | $57K | $0 | — | View 990 |
| 2014 | $103K | $94K | $86K | $0 | — | View 990 |
| 2013 | $116K | $116K | $65K | $0 | — | — |
| 2012 | $23K | $23K | $69 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $232K, and assets of $46K (revenue +232.2% year-over-year).
- 2022: Revenue of $67K, expenses of $87K, and assets of $53K (revenue -40.9% year-over-year).
- 2021: Revenue of $114K, expenses of $110K, and assets of $73K (revenue +105.9% year-over-year).
- 2020: Revenue of $55K, expenses of $68K, and assets of $17K (revenue -51.6% year-over-year).
- 2019: Revenue of $114K, expenses of $38K, and assets of $82K (revenue +36.4% year-over-year).
- 2018: Revenue of $84K, expenses of $47K, and assets of $59K (revenue +190.1% year-over-year).
- 2017: Revenue of $29K, expenses of $31K, and assets of $22K (revenue +77.2% year-over-year).
- 2016: Revenue of $16K, expenses of $49K, and assets of $24K (revenue -85.6% year-over-year).
- 2015: Revenue of $114K, expenses of $70K, and assets of $57K (revenue +10.5% year-over-year).
- 2014: Revenue of $103K, expenses of $94K, and assets of $86K (revenue -11.2% year-over-year).
- 2013: Revenue of $116K, expenses of $116K, and assets of $65K (revenue +411.5% year-over-year).
- 2012: Revenue of $23K, expenses of $23K, and assets of $69.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operation Vet Fit:
Data Sources and Methodology
This transparency report for Operation Vet Fit 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.