SPECIAL OPERATIONS ASSOCIATION FOUNDATION

EIN: 471679461 501(c)(3) Public & Societal Benefit

AVON PARK, FL

Total Revenue
$169,525
Total Expenses
$105,858
Total Assets
$132,627
Net Assets
$132,627
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
PHILIP DEVON
Phone
5857394785
Tax Period
2025-01-01 to 2025-12-31

SPECIAL OPERATIONS ASSOCIATION FOUNDATION, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $170K in total revenue in fiscal year 2025. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 38% operating margin.

Mission

THE SPECIAL OPERATIONS ASSOCIATION FOUNDATION SUPPORTS SPECIAL OPERATIONS VETERANS AND ACTIVE-DUTY MEMBERS, ALONG WITH THEIR FAMILIES AND SURVIVORS. THE GOALS ARE TO SUPPORT THE EDUCATIONAL AWARDS PROGRAM, PROVIDE EMOTIONAL SUPPORT TO FAMILY MEMBERS THROUGH THE AUXILIARY COMMITTEE, ADDRESS CRITICAL NEEDS OF SPECIAL OPERATORS AND THEIR FAMILY DURING FINANCIAL HARDSHIP, AND SUPPORT OUTREACH AND EDUCATIONAL OPPORTUNITIES THROUGH THE AGENT ORANGE LEGACY PROJECT.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $168,186
Program Service Revenue $0
Investment Income $9
Other Revenue $1,330
TOTAL REVENUE $169,525

Expense Breakdown

Grants Paid $96,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,858
Other Expenses $9,858
TOTAL EXPENSES $105,858

Year-over-Year Comparison

2025 2024 Change
Revenue $169,525 $71,340 +1.4%
Expenses $105,858 $54,803 +0.9%
Net Income $63,667 $16,537 +2.8%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
75

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
7
$0
Total Directors
5
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PADGETT EXECUTIVE DIRECTOR 20
Director
$0 $0 $0
KENNETH BOWRA TRUSTEE 20
Director
$0 $0 $0
MARK MITCHELL TRUSTEE 20
Director
$0 $0 $0
DOUG PAUL DIRECTOR 5.00
Director
$0 $0 $0
JIM SHORTEN DIRECTOR 5.00
Director
$0 $0 $0
DOUG GODSHALL PRESIDENT 5
Officer
$0 $0 $0
BRENT LINDEMAN VICE PRESIDENT 5.00
Officer
$0 $0 $0
MARCUS WHITT SECRETARY 5.00
Officer
$0 $0 $0
PHILIP DEVON TREASURER 5.00
Officer
$0 $0 $0
DON HAASE DIRECTOR 5.00
Officer
$0 $0 $0
DAVID GORDON DIRECTOR 5.00
Officer
$0 $0 $0
SCOTT WHITE DIRECTOR 5.00
Officer
$0 $0 $0
VICKI-CHAN PADGETT SOAF AUXILIARY DIRECTOR 20
Key Emp
$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
2025 $169,525 $105,858 $132,627 $63,667
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