OPERATION PHANTOM SUPPORT INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

JOHN N VALENTINE III

Tax Period

2019-01-01 to 2019-12-31

OPERATION PHANTOM SUPPORT INC, founded in 2014, is a small nonprofit that reported $392K in total revenue in fiscal year 2019. The organization ran a surplus of $60K, a strong 15% operating margin.

Mission

OUR MISSION IS TO ASSIST ACTIVE DUTY AND HONORABLY DISCHARGED VETERANS WITH THIER NEEDS IN A DIGNIFIED AND HONORABLE MANNER. WE PROVIDE THE FOLLOWING PROGRAMS TO THESE INDIVIDUALS ON A NO FEE BASIS. THE RESALE STORE, FREE CAKES FOR KIDS BIRTHDAYS, OPERATION CAKE DROP AND OTHERS.

Program Service Accomplishments

Program 1

Expenses: $285,895 Revenue: $334,405

OPERATION FEED OUR HEROS PROVIDES BOTH A FOOD PANTRY AND HOT MEALS FOR VETERANS WHO CAN NOT AFFORD TO PAY FOR GROCERIES FOR THIER FAMILIES OR ARE IN HEED OF A HOT MEAL. THE FOOD PANTRY IS OPEN EVERY THURSDAY AND SATURDAY FOM 10AM TILL 5PM. THIS IS A JOINT EFFORT BETWEEN THE CAPILLARY FOOD BANK OF AUSTIN AND OPERATION PHANTOM SUPPORT. APPROXIMATELY 3000 POUNDS OF FOOD IS PROVIDED FREE OF CHARGE TO ELIGIBLE VETERANS AND ACTIVE DUTY SOLDIERS IN THE FORT HOOD METROPOLOTIN AREA. ON AVERAGE 600 INDIVIDUALS ARE ASSISTED EACH MONTH AND 60000 POUNDS OF FOOD WAS DISTRIBUTED LAST YEAR. THE NEED IS GROWING AND INCREADED FOOD AND FUNDING WILL BE NEEDED IN THE NEAR FUTURE.

Program 2

Expenses: $21,782 Revenue: $57,770

OPERATION PHANTON SUPPORT RETAIL STORE IS OPERATED AS A 990T THAT FUNNELS THE REVENUE TO THE ORGANIZATION THROUGH MONTHLY DUES COLLECTED THROUGH INTERNET DONATIONS AND RESALE INCOME FROM THE STORE...

OPERATION PHANTON SUPPORT RETAIL STORE IS OPERATED AS A 990T THAT FUNNELS THE REVENUE TO THE ORGANIZATION THROUGH MONTHLY DUES COLLECTED THROUGH INTERNET DONATIONS AND RESALE INCOME FROM THE STORE. THIS REVENUE STREAM IS USED TO PROVIDE ADDITIONAL FOOD TO THE FOOD PANTRY AND TO PROVIDE PAYROLL AND OFFICE SUPPORT TO THE ORGANIZATION AS A WHOLE. THE REVENUE GENERATED BY THE RETAIL STORE PAYS ALL ASSOCIATED EXPENSES OF THE PARENT ORGANIZATION AND DONATES ALL ADDITIONAL PROCEEDS DIRECTLY TO OPERATION PHANTOM SUPPORT. THESE ADDITIONAL REVENUES PROVIDE THE FUNDING FOR SEVERAL ADDITIONAL PROGRAMS THAT GENERATE NO INCOME.

Program 3

Expenses: $16,761

OPERATION PHANTOM SUPPORT MONKEY WRENCH ASSISTS NEEDY SOLDIERS AND VETERANS WITH TOOLS, PROVIDE PARTS AND SAVE MONEY IN THE PROCESS, SO THEY CAN BE SELF SUFFICENT. THIS NOT ONLY KEEPS THIER CARS...

OPERATION PHANTOM SUPPORT MONKEY WRENCH ASSISTS NEEDY SOLDIERS AND VETERANS WITH TOOLS, PROVIDE PARTS AND SAVE MONEY IN THE PROCESS, SO THEY CAN BE SELF SUFFICENT. THIS NOT ONLY KEEPS THIER CARS RUNNING,BUT, PROVIDES A GOOD RELIABLE MODE OF TRANSPORTAION. OVER 2 DOZEN HAVE BEEN HELPED IN THE FIRST 5 MONTHS OF THIS NEW PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $392,175

Investment Income $0

Other Revenue $0

TOTAL REVENUE $392,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,759

Fundraising Expenses $0

Program Expenses $332,022

Other Expenses $219,263

TOTAL EXPENSES $332,022

Year-over-Year Comparison

	2019	2018	Change
Revenue	$392,175	$398,497	0.0%
Expenses	$332,022	$310,046	+0.1%
Net Income	$60,153	$88,451	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN N VALENTINE III	CEO	40.00	Officer Highest	$0	$0	$0
JAMES BELL	SENIOR VICE PRESIDENT	0.00	Officer	$0	$0	$0
MELVIN LOMAX	VICE PRESIDENT	0.00	Officer	$0	$0	$0
JOHN N VALENTINE	CFO	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2019	$392,175	$332,022	$332,685	$60,153
2018	$398,497	$309,797	$272,532	$88,700