Operation Recovery Inc

Nonprofit profile at a glance

EIN
844836118
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Lake Wales, FL, USA
Phone
8139221111
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$605,243
Expenses
$1,019,512
Assets
$109,236
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JON COLLETTE (PRESIDENT)

Highest reported compensation

  • IAN PATTERSON (DIRECTOR): $120,000 total reported compensation
  • JON COLLETTE (PRESIDENT): $100,000 total reported compensation
  • JOSEPH OLZACKI (DIRECTOR): $78,154 total reported compensation

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

Overview

Mission

At operation recovery, we serve our nation's heroes: veterans, first responders, and their families. We do this by providing awareness and support for veterans and first responders through supplies, training, housing, health services as well as community events, and to provide charitable support for distressed americans and allies of america located abroad.

What it reported doing in 2024

Operation recovery's involvement in ukraine is driven by the resilience and courage displayed by the ukrainian people since the spring of 2022 when the conflict escalated significantly. Witnessing the strength of over six million internally displaced persons, particularly women and children, and the steadfast spirit of an additional eight million displaced within ukraine, including american citizens, we felt a profound responsibility to act. Drawing from our rich experience and successful strategies developed in past initiatives like the afghanistan initiative, we are committed to providing practical assistance and fostering community and empowerment in ukraine and its neighboring regions in the face of this humanitarian crisis.

Operating model

Revenue model
Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Accountability: 47
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.7%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 33.3%; rating input score 33; 10th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -68.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 29.2%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -24.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -25% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -56.6% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.7% of spending went to programs
  • Governance: 1 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $812K in reported program spending
  • Leadership: top reported pay $120K · 4 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Accountability: Independent voting board scored 33/100.
  • High — Sustainability: Operating margin scored 2/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.