Operation Revamp INC EIN 27-3262040 Form 990 (PDF) Claim this org

Operation Revamp INC

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Offers veterans and families healing through art, peer support, and essential services like shelter and transport. For fiscal year 2025 it reported $134K in revenue, $155K in expenses, and $422K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Grand Jct, CO
Website
www.operationrevamp.org
Filings
6 on file (2020–2025)
Revenue
$134KFY2025
Expenses
$155K
Net assets
$422K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-3262040 Public charity (501(c)(3)) Grand Jct, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers veterans and families healing through art, peer support, and essential services like shelter and transport.
Leadership
Lou Brackett · Vice President
Money in and out
$134K revenue, $155K expenses
Bottom line
83% program efficiency
Where the money goes · FY2025
Total revenue
$134K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$422K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17 Fundraising $0.00
Program efficiency
83%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -56% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -3110% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$134K
FY2025▲ +95%
Expenses
$155K
FY2025▲ +126%
Total assets
$635K
FY2025▲ +19%
Total liabilities
$212K
FY2025▲ +0.7%
Total revenue
$134K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$422K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$635K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Revamp INC
EINHdr · item D27-3262040
Principal addressHdr · item CGrand Jct, CO
WebsiteHdr · item Jwww.operationrevamp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21)
Ruling yearIRS BMFJan 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President CEO
$0Pt VII · Sec A
Program Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $128K of program spending, described in the organization's own filed words · FY2024.
01

Provision of meals, support, transportation, education, computers, internet, healing arts, and emergency services for emotional healing of military veterans and family members. Healing arts programs to provide free tai chi and bodytalk sessions for veterans.

$71Kprogram expense
02

Provision of art studios, art supplies, workshops, wood shops, ceramics studios for veterans and family members at the Veterans Art Center, at home, or outside programs.

$57Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$129K · 96%
Other revenue$5K · 4%
Contributions & grants96%$129K
Other revenue4%$5K
Investment income$3
— government grantsLn 1e$53K
Total revenueLn 12$134K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17 Fundraising $0.00
Program services83%$128K
Management & general17%$27K
Fundraising$160
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$635K
Total liabilitiesLn 26$212K
Total net assetsLn 32$422K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10K · Operating expenses (Pt IX) $155K · Less non-cash grants $9K · Cash operating expenses/yr $147K
0.8 months
Where the money goes
Program services
Program services $128K · Total expenses $155K
83%
Management & General
Management & general $27K · Total expenses $155K
17%
Fundraising
Fundraising $160 · Total expenses $155K
0.1%
Cost to raise $1
Fundraising expense (3-yr avg) $769 · Solicited contributions (3-yr avg) $56K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $129K · Total revenue $134K
96%
Government reliance
Government grants $53K · Total revenue $134K
39%
Earned-income share
Program service revenue $0 · Total revenue $134K
0%
Investment reliance
Investment income $3 · Total revenue $134K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $155K
0%
Growth & trend
Revenue growth (YoY)
This year $134K · Prior year $69K
+95%
Revenue CAGR
FY2019 $102K · FY2024 $134K
+6%
Net-asset trend (YoY)
End of year $422K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $134K · Expenses $155K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $635K
Net-asset ratio
Net assets $422K · Total assets $635K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $635K
0%
People & payroll
Highest Reported Total Compensation
Individual Lou Brackett · Reported title Vice President · Highest reported compensation $0 · Total expenses $155K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $155K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0.1%
Revenue growth 95%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.5%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$134K revenue · viewing · ⤓ 990 PDF
FY2024$69K revenue · ⤓ 990 PDF
FY2023$49K revenue · ⤓ 990 PDF
FY2022$74K revenue · ⤓ 990 PDF
FY2021$52K revenue · ⤓ 990 PDF
FY2020$102K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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