Broken Chains

Nonprofit profile at a glance

EIN
820704084
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Fayetteville, NC, USA
Phone
9106700821
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Prevention Only
Affiliation
Christianity

Reported finances

Revenue
$143,611
Expenses
$137,731
Assets
$80,956
Liabilities
$3,229

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ROY JEFF STULTZ (PRESIDENT/CEO)

Highest reported compensation

  • CORDON J WOODY (TREASURER/COO): $38,450 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are bikers and motorcycle enthusiasts who have found hope & healing in jesus christ through the process of christ centered recovery, helping others to realize that change is possible.

What it reported doing in 2024

Broken chains has experienced a remarkable year of growth and impact. With dedicated leaders serving multiple communities nationwide, our reach has expanded over every layer of community engagement. Over the past year, we have helped feed tens of thousands of individuals facing food insecurity, and distributed thousands of doses of narcan, providing lifesaving tools directly into the hands of those who need them most. Our mission extends far beyond immediate relief. We continue to lead recovery programs, peer support initiatives, mental health coaching, and comprehensive outreach training that equip people with practical tools for sustained healing. These efforts, combined with ongoing recovery meetings, seminars, and collaborative partnerships, have brought hope, stability, and encouragement to hundreds of thousands of people across the country. This year affirmed our belief that transformation happens when communities unite around purpose. As we grow, we remain committed to meeting people where they are, strengthening local partnerships, and offering pathways to hope and healing every single day. Our work is far from finished, but together, we are proving what is possible when compassion and action move forward hand in hand.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Accountability: 71
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 89.5%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.1%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 27.9%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 31.5% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 17.9% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 17.3% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 89.5% of spending went to programs
  • Governance: 6 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $123K in reported program spending
  • Leadership: top reported pay $38K · 7 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.