Operation Hat Trick
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Operation Hat Trick does not meet the following 6 Standards for Charity Accountability:
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
OHT does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.
OHT does not meet this Standard because:
- While OHT reports revenue of $1,951,048, the organization states it does not have audited financial statements for the year ended June 30, 2022.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
OHT does not meet this Standard because, when the organization provided 2024 budget information, it indicated that the budget did not identify:
- Total projected program service expenses.
- Total projected fundraising expenses.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
OHT does not meet this Standard because:
- The organization states it does not have an annual report covering activities conducted in 2022.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
OHT does not meet this Standard because the organization’s website, https://operationhattrick.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include:
- Electronic access to the organization’s IRS Form 990 for the year ended June 30, 2022.
- Financial information for the year ended June 30, 2022.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
OHT does not meet this Standard because:
- The organization's website, https://operationhattrick.org, does not provide access to a privacy policy.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 1, 9, 13, 15, 19
Operation Hat Trick meets the remaining 9 Standards for Charity Accountability.
Stated Purpose:
"to generate awareness, support and funding for the recovery of wounded warriors and active service members."
Year, State Incorporated:
2013, NH
Also Known As:
OHT
Operation Hat Trick (OHT) raises funds for wounded warriors and active service members through the sale of branded merchandise and distribution of funds to organizations directly serving service members. The organization reports dedicating their work to Nate Hardy and Mike Koch, two Navy SEALs who were killed in Iraq in 2008 and are buried side by side at Arlington National Cemetery.
For the year ended June 30, 2022, Operation Hat Trick's program expenses were:
Program services: $1,437,848
Total Program Expenses: $1,437,848
Chief Executive
Dot Sheehan, Founder and Chief Executive Officer
Compensation*
$103,227
Chair of the Board
Andy Beaupre
Chair's Profession / Business Affiliation
Retired, Marketing
Board Size
5
Paid Staff Size
7
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Chris Nyland serves a Co-Chair of the Board. The Co-Chair's position is President and Co-Founder of Soul Sisters for a Cause.
Method(s) Used:
Internet, Direct mail appeals, Radio, Print advertisements
Since the BBB Wise Giving Alliance is unable to verify OHT's allocation of fundraising expenses, we are unable to verfiy the ratio of fundraising expenses to related contributions. See the Conclusions section of this report for more information.
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Operation Hat Trick's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Investment income | $128 |
| Special events | $25,999 |
| Product royalties | $1,857,208 |
| Contributions | $67,713 |
| Total Income | $1,951,048 |
Programs: 98% Fundraising: 0% Administrative: 2%
| Total Income | $1,951,048 |
| Total expenses: | $1,464,319 |
| Program expenses | $1,437,848 |
| Fundraising expenses | $0 |
| Administrative expenses | $26,471 |
| Other expenses | $0 |
| Income in Excess of Expenses | $486,729 |
| Beginning Net Assets | $939,030 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,425,759 |
| Total Liabilities | $0 |
| Total Assets | $1,425,759 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance