Combat Recovery Foundation

Nonprofit profile at a glance

EIN
933278614
IRS 990 coverage
2024–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Loveland, CO, United States
Phone
1-844-273-4496
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$269,483
Expenses
$210,419
Assets
$59,065
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CARSON CLOVER (PRESIDENT)
  • MARSHALL SPRING (CEO)

People named in this filing

  • ALANA BETHUNE (COO)
  • SILAS BINKLEY (SECRETARY)
  • CARSON CLOVER (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Combat Recovery Foundation is dedicated to fighting the veteran suicide crisis head-on, combating this invisible enemy, and helping our heroes recover from their wounds of service.

What it reported doing in 2024

In 2024, combat recovery foundation successfully launched the backcountry sawyers project, a pioneering initiative that engages veterans in wildfire mitigation and recovery efforts. This program provided veterans with meaningful, purpose-driven work while contributing to wildfire prevention and land restoration in colorados backcountry. Key achievements: assembled and deployed veteran-led teams to conduct wildfire mitigation, tree removal, and backcountry recovery work, improving safety and reducing fire risk. Engaged approximately 35 veterans in hands-on conservation efforts, offering them a renewed sense of purpose, camaraderie, and practical skills in chainsaw operation and land management. Utilized a pack team of six dogs, four goats, and five horses to support backcountry logistics, reinforcing the connection between veterans, animals, and nature in the recovery process. Partnered with local agencies and landowners to enhance wildfire prevention efforts, demonstrating the effectiveness of veteran-led conservation work. Produced a publicly available documentary showcasing the programs impact and providing a blueprint for other organizations interested in launching similar initiatives to support veterans in conservation and wildfire recovery efforts. This year marked a major milestone for combat recovery foundation, proving that veteran-led backcountry work is a powerful tool for both environmental stewardship and veteran reintegration. By sharing our successes, we hope to inspire and equip others to implement similar programs, ensuring that more veterans find healing and purpose through service.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 58
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.6%; rating input score 48
  • Program expense ratio: 60.6%; rating input score 61
  • Fundraising efficiency: $11.1 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.9%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 47.6% of revenue deployed · 60.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $127K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.