COMBAT RECOVERY FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

CARSON CLOVER

Phone

8442734496

Tax Period

2024-01-01 to 2024-12-31

COMBAT RECOVERY FOUNDATION, founded in 2023, is a small nonprofit in the Human Services sector that reported $269K in total revenue in fiscal year 2024. Revenue surged 6637% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 22% operating margin.

Mission

THROUGH STRUCTURED PROGRAMS, WE CREATE OPPORTUNITIES FOR VETERANS TO TRANSFORM THEIR EXPERIENCES INTO STRENGTHS, REINFORCING THAT THEY ARE NOT ALONE AND THAT THEIR SKILLS REMAIN VALUABLE IN CIVILIAN LIFE. BY PARTNERING WITH PRIVATE LANDOWNERS, GOVERNMENT AGENCIES, AND CONSERVATION ORGANIZATIONS, WE ENSURE THAT VETERANS NOT ONLY RECEIVE SUPPORT BUT ALSO GIVE BACK IN A WAY THAT ENHANCES THEIR SENSE OF IDENTITY AND MISSION.

Program Service Accomplishments

Program 1

Expenses: $127,491

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...

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.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $267,988

Program Service Revenue $0

Investment Income $1,495

Other Revenue $0

TOTAL REVENUE $269,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,999

Fundraising Expenses $24,149

Program Expenses $127,491

Other Expenses $176,420

TOTAL EXPENSES $210,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,483	$4,000	+66.4%
Expenses	$210,419	N/A	N/A
Net Income	$59,064	$4,000	+13.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALANA BETHUNE	COO	1.00	Officer Director	$0	$0	$0
SILAS BINKLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
CARSON CLOVER	PRESIDENT	1.00	Officer Director	$0	$0	$0
PRESTON FAYAS	TREASURER	1.00	Officer Director	$0	$0	$0
MARSHALL SPRING	CEO	1.00	Officer Director	$0	$0	$0

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	$269,483	$210,419	$59,065	$59,064