Skip to content
Nonprofiteer
← PROJECT RECOVER INC

Form 990 for tax year 2024

Filed by PROJECT RECOVER INC.

Totals

Total revenue
$4,165,879
Total expenses
$2,471,341
Contributions and grants received
$4,093,329
Grants paid
$0
Program service revenue
$15,757
Investment income
$52,664
Other revenue
$4,129
Total assets, end of year
$2,801,840
Total liabilities, end of year
$96,462
Net assets or fund balances, end of year
$2,705,378
Program services expenses (Part IX)
$1,875,606
Management and general expenses
$156,540
Fundraising expenses
$439,195
Program service expenses (Part III)
$1,875,606

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,474,468

  • 1f · All other contributions, gifts and grants

    $2,618,861

  • 2a · Program service revenue: LOGO ITEM SALES

    total $15,757 · related or exempt $15,757

  • 3 · Investment income

    total $52,664 · excluded $52,664

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISC REIMBURSEMENT

    total $25 · related or exempt $25

  • 11b · Other revenue: RAMP CC REWARDS

    total $4,104 · related or exempt $4,104

  • 11e · Other revenue, total

    $4,129

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $396,314 · program services $294,032 · management and general $33,840 · fundraising $68,442

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $335,716 · program services $95,321 · management and general $197 · fundraising $240,198

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $2,047 · program services $1,059 · management and general $101 · fundraising $887

  • 10 · Payroll taxes

    total $56,192 · program services $29,887 · management and general $2,613 · fundraising $23,692

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $2,322 · management and general $2,322

  • 11c · Fees: accounting

    total $31,000 · management and general $31,000

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $859,168 · program services $813,778 · management and general $45,390

  • 12 · Advertising and promotion

    total $36,625 · program services $20,717 · management and general $333 · fundraising $15,575

  • 13 · Office expenses

    total $4,228 · program services $503 · management and general $101 · fundraising $3,624

  • 14 · Information technology

    total $11,710 · program services $3,259 · management and general $5,642 · fundraising $2,809

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $20,194 · program services $20,110 · fundraising $84

  • 17 · Travel

    total $434,839 · program services $385,092 · management and general $6,257 · fundraising $43,490

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $20,221 · management and general $20,221

  • 23 · Insurance

    total $11,527 · program services $9,187 · management and general $2,340

  • 24a · Other expenses: Postage and Shipping

    total $102,801 · program services $100,725 · management and general $347 · fundraising $1,729

  • 24b · Other expenses: SUPPLIES

    total $43,152 · program services $37,230 · management and general $744 · fundraising $5,178

  • 24c · Other expenses: RESEARCH

    total $26,202 · program services $26,187 · management and general $15

  • 24d · Other expenses: FUNDRAISING ITEMS

    total $17,295 · fundraising $17,295

  • 24e · All other expenses

    total $59,788 · program services $38,519 · management and general $5,077 · fundraising $16,192

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $181,506 · end of year $30,365

  • 2 · Savings and temporary cash investments

    end of year $841,973

  • 3 · Pledges and grants receivable

    beginning of year $502,270 · end of year $1,223,100

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,471 · end of year $26,386

  • 10a · Land, buildings and equipment: cost or other basis

    $261,191

  • 10b · Land, buildings and equipment: accumulated depreciation

    $216,082

  • 10c · Land, buildings and equipment, net

    beginning of year $65,330 · end of year $45,109

  • 11 · Investments: publicly traded securities

    beginning of year $327,439 · end of year $630,801

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $4,106

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,966 · end of year $79,245

  • 19 · Deferred revenue

    beginning of year $16,667 · end of year $17,217

  • 25 · Other liabilities

    beginning of year $4

  • 27 · Net assets without donor restrictions

    beginning of year $785,344 · end of year $977,466

  • 28 · Net assets with donor restrictions

    beginning of year $282,035 · end of year $1,727,912

Mission and programs · 2024

Mission

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.

  • 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 2024, THE PROJECT RECOVER TEAM CONTINUED TO BUILD OUR PROCESS: RESEARCH, SEARCH, REPATRIATE AND EDUCATE. SUCCESSFUL EXPEDITIONS TO THE MARSHALL ISLANDS, PALAU, ITALY, AND GERMANY WERE UNDERTAKEN IN PARNERSHIP WITH DPAA AND OTHER DOMESTIC AND INTERNATIONAL COLLABORATORS.

    Expenses $1,568,044

  • EDUCATION/OUTREACH - Project Recover provides a platform for educating the public about critical historical events, the lost service members who shaped our nation, and the importance of public service.THE ORGANIZATION MAINTAINS A WEBSITE TO INFORM THE PUBLIC ABOUT THE United States' COMMITTMENT to accounting for EVERY service member MISSING IN ACTION AND to explain THE PROCESS,IMPACT, AND VALUe of these efforts for AMERICAN FAMILIES. IN 2024 - PROJECT RECOVER STAFF AND VOLUNTEERS continued to engage communities across the coutry. Representatives provided presentationsd to schools, civic groups, veterans organizations, and community partners, sharing THE HISTORY AND SCIENCE behind LOCATing MIAs AND supporting family connection. PROJECT RECOVER DELIVERED PUBLIC BRIEFINGS FOLLOWING FIELD OPERATIONS, PARTICIPATED IN MEMORIAL EVENTS FOR RETURNED SERVICE MEMBERS, AND SUPPORTED MEDIA AND DIGITAL OUTREACH TO EXPAND ACCESS TO EDUCATIONAL RESOURCES

    Expenses $174,581

  • RESEARCH-PROJECT RECOVER FACILITATED A SPECIAL RESEARCH PROJECT IN PARTNERSHIP WITH DPAA AND ACADEMIC INSTITUTIONS.IN 2024, PROJECT RECOVER SUPPORTED A HISTORICALLY BASED RESEARCH EFFORT IN CHUUK STATE, FEDERATED STATES OF MICRONESIA, FOCUSED ONADVANCING CASE DEVELOPMENT FOR U.S. SERVICE MEMBERS MISSING FROM WORLD WAR II.PROJECT RECOVER ALSO CONTINUED COLLABORATION WITH UNIVERSITY PARTNERS ON SPECIALIZED SCIENTIFIC AND HISTORICAL RESEARCH TO SUPPORT THE U.S. GOVERNMENTS MISSION TO ACCOUNT FOR ALL AMERICANS MISSING IN ACTION.

    Expenses $132,981

As filed on the 2024 return.

Listed in Part VII

  • Derek Abbey

    CEO

    Total calculated
    $291,314
    From this org
    $166,314
    From related orgs
    $0
    Other
    $125,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,314
    Bonus
    not reported
    Other
    not reported
    Deferred
    $125,000
    Nontaxable benefits
    not reported
    Filer's total
    $291,314
  • Adrian De La Rosa

    COO

    Total calculated
    $90,417
    From this org
    $90,417
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related
  • Dan O'Brien

    Secretary

    Total calculated
    $14,583
    From this org
    $14,583
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Pat Scannon

    Director

    Total calculated
    $0
    Hours/week
    10
  • T Dan Friedkin

    President

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202503219349309790

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.