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Colorado · Nonprofit

SWP INC dba SHADOW WARRIORS

SWP INC dba SHADOW WARRIORS (Colorado) receives grants from 24 organizations whose IRS filings report $989,582 to it, the largest being THE DALLAS FOUNDATION ($387,551). 5 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$304k
Funders on record
24
Grants received
$990k
Net assets
$110k
5/24 repeat funderspeak grant-dependency 90%
01What it does

What SWP INC dba SHADOW WARRIORS does

Mission

Shadow Warriors Project is an organization dedicated to the support of U.S. private security constractors conducting paramilitary operations in some of the most dangerous areas of the world. We serve these warriors and their families by offering financial support, getting them medical care they need as well as offering education assistance to the warrior, spouse and/or children of our heroes.

As stated on its FY2024 Form 990.

Program

  1. Shadow Warriors Project is an organization dedicated to the support of U.S. private security constractors conducting paramilitary operations in some of the most dangerous areas of the world. We serve these warriors and their families by offering financial support, getting them medical care they need as well as offering education assistance to the warrior, spouse and/or children of our heroes.

    $339,157 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $339,157.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($32k) Expenses 100 ($8k) Net assets 100 ($24k)2018 Revenue 1389 ($446k) Expenses 751 ($64k) Net assets 1718 ($406k)2019 Revenue 146 ($47k) Expenses 1711 ($145k) Net assets 1302 ($308k)2020 Revenue 848 ($273k) Expenses 3669 ($312k) Net assets 1136 ($268k)2021 Revenue 2355 ($757k) Expenses 7440 ($632k) Net assets 1663 ($393k)2022 Revenue 1707 ($548k) Expenses 7918 ($673k) Net assets 1136 ($268k)2023 Revenue 1799 ($578k) Expenses 6358 ($540k) Net assets 1295 ($306k)2024 Revenue 945 ($304k) Expenses 5882 ($500k) Net assets 464 ($110k)
'17'18'19'20'21'22'23'24
Revenue (945)Expenses (5882)Net assets (464)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $24k to $406k (+1618%).

$24k
$406k
$308k
$268k
$393k
$268k
$306k
$110k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

91% of SWP INC dba SHADOW WARRIORS’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$24k
’17
$382k
’18
−$98k
’19
−$39k
’20
$124k
’21
−$125k
’22
$38k
’23
−$196k
’24
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2018201920202021202220232024
Listed7777777
Joined·+0+0+0+0+0+0
No longer listed·000000
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 3 funders to 6 funders, grant income fell $401k → $91k.

8 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SWP INC dba SHADOW WARRIORS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SWP INC dba SHADOW WARRIORS leans on a few funders — its largest provides 39% of grant income and the top three 67%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SWP INC dba SHADOW WARRIORS.

39%
largest funder
67%
top three
~5
effective funders

Largest funder’s share by year: 2018 97% · 2019 80% · 2020 100% · 2021 52% · 2022 39% · 2023 66% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of SWP INC dba SHADOW WARRIORS's funders are still giving 3 years after their first grant; 21% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

52% of SWP INC dba SHADOW WARRIORS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $480k that is directly attributable, 81% of it comes from funders outside Colorado, across 13 states.

NH
MN
IN
PA
NJ
CA
CO
MO
MD
NM
TN
TX
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $510k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SWP INC dba SHADOW WARRIORS has grown faster than three-quarters of the 21,616 human services nonprofits its size.

Operating margin−65% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)38% · top quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like SWP INC dba SHADOW WARRIORS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

68% of spending goes to programs.

Program 68%Management 13%Fundraising 19%

Governance

7
board members
71%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

CO
TX

Screen this organization

A dated, signed PDF of the compliance screen for SWP INC dba SHADOW WARRIORS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SWP INC dba SHADOW WARRIORS?
SWP INC dba SHADOW WARRIORS (Colorado) receives grants from 24 organizations whose IRS filings report $989,582 to it, the largest being THE DALLAS FOUNDATION ($387,551). 5 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SWP INC dba SHADOW WARRIORS have?
IRS filings report 24 organizations giving $989,582 in grants to SWP INC dba SHADOW WARRIORS, 5 of which have funded it in more than one year.
Who is the largest funder of SWP INC dba SHADOW WARRIORS?
THE DALLAS FOUNDATION is the largest funder on record, with $387,551 in grants. The full list of funders is on this page.
How can an organization like SWP INC dba SHADOW WARRIORS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds SWP INC dba SHADOW WARRIORS →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing