Strides in Recovery Inc

Nonprofit profile at a glance

EIN
824473073
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Rancho Palos Verdes, CA, USA
Phone
3109915340
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Delinquency Prevention

Official website

Reported finances

Revenue
$150,924
Expenses
$116,873
Assets
$122,680
Liabilities
$9,736

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Leslie Gold (Chair and Executive Director)

People named in this filing

  • Leslie Gold (Chair and Executive Director)
  • Bryant Belarmino (Board Member / Secretary / Assistant Coach)
  • Nicole Kirkorian Elmes (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Strides in Recovery is a Southern California nonprofit which helps newly sober individuals grow physically, emotionally and mentally stronger so they can do their best at the hard work of recovery. We achieve these results by coaching people in addiction treatment programs to complete 5Ks, 10Ks, and half marathons.

What it reported doing in 2024

Led weekly goal-oriented group running/walking programs for approximately 1300 clients in various Los Angeles area addiction treatment programs. Many of these participants completed public events ranging in distance from 5Ks to the Los Angeles Marathon, as well as fun runs hosted by Strides in Recovery. Participants reported benefits including increased self-confidence and self-esteem; an opportunity to practice life skills such as perseverance, goal-setting, and overcoming obstacles; an enhanced sense of belonging and self-worth by being part of a team; and gaining a strategy (regular exercise) for alleviating common relapse triggers such as stress, depression and anxiety. These sessions are the source of our program revenue.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.8%; rating input score 72
  • Program expense ratio: 92.8%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 22.6%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 27.4% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 11.9% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 71.8% of revenue deployed · 92.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $108K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Liabilities to assets ratio scored 26/100.