Victory For Veterans, Inc. Company Profile

Background

Overview

Victory For Veterans, Inc. is a nonprofit organization dedicated to supporting military veterans and first responders by providing resources and programs aimed at healing invisible wounds such as Post-Traumatic Stress Disorder (PTSD), Traumatic Brain Injury (TBI), depression, and substance use disorders. Established in 2016, the organization operates primarily in the United States, offering services that include peer-to-peer support groups and holistic healing modalities.

Mission and Vision

The mission of Victory For Veterans is to provide suicide prevention and reduction for veterans and first responders by healing invisible wounds through holistic modalities and offering year-round Warriors for Life Online Peer Support. Their vision is to be a place where hope, support, and healing come together for those who have served.

Industry Significance

In 2020, there were 6,146 veteran suicides in the USA, averaging 16.8 per day. Victory For Veterans addresses this critical issue by offering support and healing resources to veterans and first responders, contributing significantly to the reduction of suicide rates within these communities.

Key Strategic Focus

Core Objectives

Suicide Prevention and Reduction: Implement programs aimed at decreasing suicide rates among veterans and first responders.

Holistic Healing: Provide comprehensive healing approaches that address both physical and mental health challenges.

Peer Support: Offer continuous peer-to-peer support through the Warriors for Life Online Peer Support program.

Areas of Specialization

Hyperbaric Oxygen Therapy (HBOT): Utilize HBOT to promote healing among veterans and first responders suffering from PTSD, TBI, and other invisible wounds.

Peer Support Groups: Facilitate structured support groups that provide a safe space for veterans and first responders to share experiences and receive support.

Key Technologies Utilized

Hyperbaric Oxygen Therapy (HBOT): A therapeutic technique that involves breathing pure oxygen in a pressurized environment to promote healing.

Online Peer Support Platforms: Digital platforms that enable veterans and first responders to connect, share experiences, and support each other remotely.

Primary Markets Targeted

Veterans: Individuals who have served in the U.S. military.

First Responders: Emergency service personnel, including police officers, firefighters, and paramedics.

Financials and Funding

Funding History

Victory For Veterans operates as a 501(c)(3) nonprofit organization, relying on donations, grants, and fundraising events to support its programs. In fiscal year 2022, 90% of all expenditures were allocated directly to programs and services for veterans.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed. The organization continues to engage in fundraising activities to support its mission.

Notable Investors

As a nonprofit entity, Victory For Veterans does not have investors but is supported by individual donors, corporate sponsors, and grant-making organizations.

Utilization of Capital

Funds are primarily used to support programmatic activities, including the operation of peer support groups, HBOT sessions, and other services aimed at healing invisible wounds among veterans and first responders.

Pipeline Development

Key Programs and Services

Warriors for Life Online Peer Support: A year-round program offering peer-to-peer support for veterans and first responders.

Hyperbaric Oxygen Therapy (HBOT): Sessions designed to promote healing among veterans and first responders suffering from PTSD, TBI, and other invisible wounds.

Stages of Development

Both programs are currently operational, with ongoing efforts to expand and enhance their reach and effectiveness.

Target Conditions

PTSD: A mental health condition triggered by a terrifying event.

TBI: A brain injury caused by a blow or jolt to the head.

Depression: A mood disorder causing a persistent feeling of sadness.

Substance Use Disorders: Conditions characterized by an individual's harmful use of substances.

Anticipated Milestones

The organization aims to increase the number of participants in both programs and expand the availability of services to additional regions.

Technological Platform and Innovation

Proprietary Technologies

HBOT Chambers: Specialized equipment used to administer hyperbaric oxygen therapy.

Significant Scientific Methods

Hyperbaric Oxygen Therapy (HBOT): A method that enhances the body's natural healing processes by providing high-pressure oxygen.

Peer Support Models: Structured programs that leverage shared experiences to provide emotional and psychological support.

Leadership Team

Key Executives

COL (Ret.) Mikel Burroughs: Co-founder and Executive Director. Served 37 years in the U.S. Army and Army Reserves, earning the Legion of Merit and Bronze Star medals.

LTC (Ret.) Stephan Porter: Co-founder and Director of Operations. Served over 32 years in the military and is a disabled veteran.

Leadership Changes

No recent significant changes or appointments within the leadership team have been publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The nonprofit sector focusing on veteran and first responder support is growing, with increasing recognition of the need for mental health services and holistic healing approaches.

Competitor Analysis

SoldierStrong: Provides medical technology to veterans, including exoskeletons and virtual reality therapy.

Prevail Health Solutions: Offers online mental health care programs tailored for veterans.

Strategic Collaborations and Partnerships

Victory For Veterans collaborates with various organizations to enhance its service offerings, including partnerships for peer support and holistic healing programs.

Operational Insights

The organization differentiates itself through its focus on holistic healing and peer support, addressing both physical and mental health needs of veterans and first responders.

Strategic Opportunities and Future Directions

Strategic Roadmap

Expansion of Services: Increase the availability of HBOT sessions and peer support groups across more regions.

Program Enhancement: Integrate additional holistic healing modalities to complement existing services.

Opportunities for Expansion

There is potential to expand partnerships with healthcare providers and community organizations to broaden the reach and impact of services.

Future Objectives

To become a leading provider of comprehensive support services for veterans and first responders, addressing a wide range of needs from mental health to physical rehabilitation.