Project Recover Inc
- Assets
- $260.9k
- Revenue
- $586.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Woodland, CA
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 45-0512575
Organization Overview
Project Recover Inc is located in Woodland, CA. The organization was established in 2003. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Project Recover Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Recover Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Project Recover Inc generated $586.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $795.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION - PROJECT RECOVER IS A COLLABORATIVE EFFORT TO ENLIST 21ST-CENTURY SCIENCE AND TECHNOLOGY IN A QUEST TO FIND AND REPATRIATE AMERICANS MISSING IN ACTION SINCE WORLD WAR II, IN ORDER TO PROVIDE RECOGNITION AND CLOSURE FOR FAMILIES AND THE NATION.VISION - PROJECT RECOVERS VISION IS: (I) TO REPATRIATE EVERY AMERICAN SERVICE MEMBER WHO HAS NOT COME HOME THROUGH RESEARCH, SEARCHES, RECOVERIES AND OTHER METHODOLOGIES; (II) TO PROVIDE INFORMATION AND CLOSURE TO THE FAMILIES OF SERVICE MEMBERS; (III) TO PROVIDE A PLATFORM TO EDUCATE THE PUBLIC ON THE IMPORTANCE OF SERVICE TO ONES COUNTRY; AND (IV) TO PROVIDE UNIQUE EDUCATIONAL OPPORTUNITIES IN THE AREAS OF SCIENCE, TECHNOLOGY, HISTORY, LEADERSHIP, PUBLIC SERVICE AND DIPLOMACY TO A COMMITTED STUDENT AUDIENCE, IN CONJUNCTION WITH PROJECT RECOVERS MISSION, IN ORDER TO PROVIDE A REAL-WORLD APPLICATION TO STUDENTS AND FURTHER EDUCATE THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT RECOVER IS DEDICATED TO SEARCHING FOR AND LOCATING AMERICAN MIAS AND POWS FROM CONFLICTS AROUND THE WORLD. PROJECT RECOVER SEEKS TO PROVIDE RECOGNITION, INFORMATION, AND CLOSURE TO FAMILIES OF THESE SERVICE MEMBERS WHO HAVE PAID THE ULTIMATE SACRIFICE FOR OUR FREEDOMS.DURING 2022, THE PROJECT RECOVER TEAM CONTINUED TO BUILD OUR PROCESS: RESEARCH, SEARCH, REPATRIATE AND EDUCATE. SUCCESSFUL EXPEDITIONS TO PALAU AND DENMARK WERE UNDERTAKEN IN PARNERSHIP WITH THE DPAA.
EDUCATION/OUTREACH - PROJECT RECOVER PROVIDES A PLATFORM FOR EDUCATING THE PUBLIC ABOUT CRITICAL HISTORICAL EVENTS, LOST HEROES WHO SHAPED OUR COUNTRY, AND THE IMPORTANCE OF PUBLIC SERVICE.THE ORGANIZATION MAINTAINS A WEBSITE TO INFORM THE GENERAL PUBLIC ABOUT THE COMMITTMENT OF THE AMERICAN MILITARY TO THE RECOVERY OF EVERY SOLDIER MISSING IN ACTION AND THE PROCESS AS WELL AS THE IMPACT AND VALUR TO AMERICAN FAMILIES. IN 2022, A DOCUMENTARY FILM, "TO WHAT REMAINS", FEATURING THE FOUNDER OF PROJECT RECOVER, THE VISION AND THE DEVELOPMENT OF THE ORGANIZATION. PROJECT RECOVER STAFF AND VOLUNTEERS TRAVELING EXTENSIVELY TO PROMOTE THE FILM NATIONWIDE.
RESEARCH-PROJECT RECOVER FACILITATED A SPECIAL RESEARCH PROJECT IN PARTNERSHIP WITH THE UNIVERSITY OF DELAWARE AND THE DPAA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Abbey President & CEO | OfficerTrustee | 40 | $134,399 |
Daniel T O'brien Treasurer | OfficerTrustee | 40 | $79,167 |
Pat Scannon Director | OfficerTrustee | 10 | $0 |
Valerie Thal-Slocum Secretary | OfficerTrustee | 10 | $0 |
T Dan Friedkin Director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $306,784 |
| All other contributions, gifts, grants, and similar amounts not included above | $272,595 |
| Noncash contributions included in lines 1a–1f | $71,788 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $579,379 |
| Total Program Service Revenue | $6,751 |
| Investment income | $464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $586,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,750 |
| Compensation of current officers, directors, key employees. | $20,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,114 |
| Fees for services: Accounting | $29,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $221,959 |
| Advertising and promotion | $941 |
| Office expenses | $99 |
| Information technology | $10,178 |
| Royalties | $0 |
| Occupancy | $15,710 |
| Travel | $135,426 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,954 |
| Insurance | $6,167 |
| All other expenses | $16,699 |
| Total functional expenses | $795,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,659 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,975 |
| Net Land, buildings, and equipment | $79,494 |
| Investments—publicly traded securities | $87,905 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,899 |
| Accounts payable and accrued expenses | $15,304 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,304 |
| Net assets without donor restrictions | $245,595 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $260,899 |