The Recovery Foundation Inc

Nonprofit profile at a glance

EIN
612019607
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2022, Form 990-EZ 2023
Location
Los Angeles, CA, USA
Phone
4249005445
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$113,835
Expenses
$118,119
Assets
$7,761

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JOHN B STEELE III (DIRECTOR/CEO)

People named in this filing

  • JOHN B STEELE III (DIRECTOR/CEO)
  • VANESSA J GRECO (DIRECTOR, CF)
  • BRANDY J VALDEZ (DIRECTOR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our nonprofit's mission is to provide a safe, fun, program-oriented setting where residents can find purpose, progress, and build a foundation for a life that is not only free of drugs and alcohol, but flourishing in all aspects.

What it reported doing in 2023

The recovery foundation had a remarkable 2023, dedicated to supporting individuals battling addiction on their journey towards recovery. Throughout the year, we provided assistance to approximately 54 clients. What's truly inspiring is that many of them successfully completed our 90- day program and transitioned out with newfound stability. These individuals actively participated in house meetings, pursued employment opportunities, and, most importantly, maintained consistent sobriety through engagement with our supportive recovery community. At our nonprofit, our mission is clear: to offer a secure, nurturing environment focused on structured programming, where residents can discover purpose, make strides, and establish the groundwork for a life free from the grip of substance abuse. We're not just helping people overcome addiction; we're empowering them to thrive in all aspects of their lives. We take great pride in our efforts to go above and beyond in fulfilling this mission.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97%; rating input score 97
  • Program expense ratio: 93.5%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.8%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 27.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -43.3% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 97% of revenue deployed · 93.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $110K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.