The information for Redemption And Recovery Foundation is as of the organization's most recent filing in October '18. This organization is located in Torrey, UT. It has been in existence for 4 years, following its founding in 2014.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Redemption And Recovery Foundation's NTEE code is W30. The "W" tells us that the organization is classified along with Military & Veterans Organizations. The "30" tells us that the organization is focused on Public & Societal Benefit. The NTEE describes these organizations as membership organizations that promote the interests of veterans or active or retired military personnel. The organization is also classified as a 501(c)(3) organization, which means it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of the Redemption And Recovery Foundation is to assist returning service men and women by providing the support and assistance needed for a successful reentry into civilian life.
The organization has been constructing and equipping a resort shooting facility for veterans and their families, with a focus on those suffering from PTSD. All costs are covered by the foundation and the facility is completely free for veterans. Located in a remote area of the United States, the facility is surrounded by beautiful parks and wilderness areas, providing a peaceful and stress-reducing environment. The shooting facility offers access to firearms not readily available to the general public, including historical arms of the US. It recognizes that some veterans may find positive emotions in their training and experiences, and aims to recreate those positive experiences without the inherent stresses of service-required testing and qualification. The shooting sports are seen as a critical coping mechanism and rehabilitation tool for veterans as they strive to bring some normalcy back into their lives.
Redemption And Recovery Foundation has 2 employees, one of whom was paid more than $100k according to the organization's most recent 990 tax filing. The organization does not have any volunteers supporting the paid staff.
The Redemption And Recovery Foundation appears to have a relatively small governing body, with only two voting members. However, it is encouraging to see that there are three independent members, which suggests a level of diversity and impartiality within the organization's decision-making process. The presence of potential conflicts of interest is acknowledged, indicating that the organization is aware of the importance of transparency and accountability. It is also positive to note that both board and committee meetings are documented. This indicates that the organization values proper record-keeping and aims to ensure that decisions and discussions are well-documented for future reference. However, it is concerning that the organization does not have a conflict of interest policy or require disclosure of conflicts. This lack of policy and transparency could potentially undermine the organization's governance and decision-making processes. Additionally, the absence of written whistleblower, document retention, and substantiation and review policies for leadership and officer salaries raises concerns about the organization's commitment to ethical practices and accountability. These policies are crucial for ensuring that the organization operates with integrity and that potential conflicts of interest or financial improprieties are appropriately addressed. On a positive note, the organization does provide copies of the 990 form to the board prior to filing. This demonstrates a commitment to financial transparency and ensures that board members have access to important financial information. However, it is essential for the organization to implement additional governance practices and policies to enhance its overall effectiveness and accountability.
Our dataset includes three years of grant history for the Redemption And Recovery Foundation. In those three years, they have awarded a total of 18 grants, with an average check size of $26,253. The organization has an average of 6 grants awarded each year. The majority of their grants, 17 in total, were awarded in the Public & Societal Benefit sector. Additionally, the organization has awarded grants in multiple states, with the highest number of grants awarded in Georgia (3) and Utah (3). Other states where grants were awarded include Colorado (2), Michigan (1), Oklahoma (1), Texas (3), Arizona (1), Illinois (1), California (2), and Missouri (1).
Based on the available data, it appears that the Redemption And Recovery Foundation has not grown over the given time period. While there has been an increase in grants paid, employee salaries, and total expenses, the contributions and grants received as well as the total revenue have decreased to zero in 2017. Additionally, the number of total employees has remained relatively constant, with only two employees in 2017. Therefore, it can be concluded that the organization has not experienced growth during this time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kurt Ockershausen Chairman & Dire | OfficerTrustee | 40 | $100,833 |
Elizabeth Moriarty Officer | OfficerTrustee | 40 | $28,417 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $0 |
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 | $0 |
Statement of Expenses | |
---|---|
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. | $129,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,839 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,130 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $77 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,987 |
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 | $320,577 |
Insurance | $7,059 |
All other expenses | $0 |
Total functional expenses | $655,717 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $713,173 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $129,686 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,466,642 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $1,466,642 |
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 |
Total liabilities and net assets/fund balances | $1,466,642 |
Over the last fiscal year, Redemption And Recovery Foundation has awarded $107,099 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
PURPOSE: GENERAL FUND | $31,399 |
Woodland Park, CO PURPOSE: GENERAL FUND | $22,700 |
Newark, TX PURPOSE: GENERAL FUND | $15,000 |
JESSE DUPLANTIS MINISTRIES PURPOSE: GENERAL FUND | $11,000 |
Forest Park, IL PURPOSE: GENERAL FUND | $9,000 |
MOORE LIFE MINISTRIES PURPOSE: GENERAL FUND | $9,000 |
Organization Name | Assets | Revenue |
---|---|---|
Veteran Tickets Foundation Tempe, AZ | $3,473,043 | $70,156,514 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
A Sanctuary For Military Families Inc Granby, CO | $1,662,699 | $1,856,266 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
American Legion Apache Junction, AZ | $3,212,238 | $3,405,557 |
Paralyzed Veterans Of America Phoenix, AZ | $1,356,804 | $1,158,050 |
Veteran Sheepdogs Of Colorado Colorado Springs, CO | $0 | $952,880 |
American Legion Denver, CO | $1,954,041 | $762,076 |
Retired Enlisted Association Centennial, CO | $3,860,050 | $787,674 |
American Legion Albuquerque, NM | $1,452,462 | $577,385 |
Redemption And Recovery Foundation Torrey, UT | $1,466,642 | $0 |
Veterans Of Foreign Wars Of The United States Dept Of Arizona Tucson, AZ | $986,381 | $549,429 |