OPERATION RECOVERY INC

EIN: 844836118 501(c)(3) Human Services

LAKE WALES, FL

Total Revenue
$605,243
Total Expenses
$1,019,512
Total Assets
$109,236
Net Assets
$109,236
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
JON COLLETTE
Phone
8139221111
Tax Period
2024-01-01 to 2024-12-31

OPERATION RECOVERY INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $605K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 68% operating deficit.

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.

Program Service Accomplishments

Program 1
Expenses: $126,916

DUE TO THE COLLAPSE OF AFGHANISTAN IN FALL OF 2021, FROM AUGUST 2021-PRESENT DAY, WE OFFERED HUMANITARIANASSISTANCE, RELOCATION SERVICES, AND IMMIGRATION RESOURCES TO AMERICAN CITIZENS, GREEN CARD...

Read more

DUE TO THE COLLAPSE OF AFGHANISTAN IN FALL OF 2021, FROM AUGUST 2021-PRESENT DAY, WE OFFERED HUMANITARIANASSISTANCE, RELOCATION SERVICES, AND IMMIGRATION RESOURCES TO AMERICAN CITIZENS, GREEN CARD HOLDERS, ANDALLIES OF AMERICA ABROAD THROUGH THEIR JOURNEY FROM AFGHANISTAN. APPROX. 3500 AT-RISK INDIVIDUALS WERERELOCATED FROM AFG AND CONNECTED WITH DEPT OF STATE RELOCATION TEAMS.

Program 2
Expenses: $476,719

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...

Read more

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.

Program 3
Expenses: $208,682

HEROES WELLNESS COLLECTIVE (HWC) IS AN INITIATIVE OF OPERATION RECOVERY THAT PROVIDES HOLISTIC WELLNESS SUPPORT FOR VETERANS, FIRST RESPONDERS, AND THEIR FAMILIES. HWC OFFERS A SECURE, PEER-DRIVEN...

Read more

HEROES WELLNESS COLLECTIVE (HWC) IS AN INITIATIVE OF OPERATION RECOVERY THAT PROVIDES HOLISTIC WELLNESS SUPPORT FOR VETERANS, FIRST RESPONDERS, AND THEIR FAMILIES. HWC OFFERS A SECURE, PEER-DRIVEN PLATFORM COMBINING TRADITIONAL AND NON-TRADITIONAL MENTAL HEALTH RESOURCES, 24/7 COMMUNITY ACCESS, AND PROFESSIONAL SERVICES. THROUGH VIRTUAL AND IN-PERSON EVENTS, PROVIDER DIRECTORIES, WELLNESS PROGRAMS, AND RESEARCH-BACKED APPROACHES, HWC HELPS PARTICIPANTS ADDRESS TRAUMA, BUILD RESILIENCE, AND FOSTER LONG-TERM RECOVERY AND COMMUNITY CONNECTION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $602,381
Program Service Revenue $0
Investment Income $2,862
Other Revenue $0
TOTAL REVENUE $605,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $451,012
Fundraising Expenses $0
Program Expenses $812,317
Other Expenses $568,500
TOTAL EXPENSES $1,019,512

Year-over-Year Comparison

2024 2023 Change
Revenue $605,243 $1,560,977 -0.6%
Expenses $1,019,512 $1,670,108 -0.4%
Net Income $-414,269 $-109,131 +2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
N/A

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
4
$298,154
Total Directors
4
$298,154
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON COLLETTE PRESIDENT 40.00
Officer Director
$100,000 $0 $100,000
WESLEY WRATHER TREASURER 40.00
Officer Director
$0 $0 $0
IAN PATTERSON DIRECTOR 40.00
Officer Director
$120,000 $0 $120,000
JOSEPH OLZACKI DIRECTOR 40.00
Officer Director
$78,154 $0 $78,154
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
2024 $605,243 $1,019,512 $109,236 $-414,269
2024 $605,243 $1,019,512 $109,236 $-414,269
2023 $1,560,977 $1,670,108 $523,505 $-109,131
2022 $1,160,212 $1,938,959 $558,522 $-778,747
2022 $1,160,212 $1,938,959 $558,522 $-778,747
2021 $9,515,889 $8,178,620 $1,337,269 $1,337,269
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OPERATION RECOVERY INC with other nonprofits in Florida and across the country.