DOVE RECOVERY HOUSE FOR WOMEN INC

EIN: 352120680 501(c)(3) Mental Health

INDIANAPOLIS, IN

Total Revenue
$3,122,375
Total Expenses
$2,514,397
Total Assets
$6,978,694
Net Assets
$6,863,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IN
Principal Officer
WENDY NOE
Phone
3179640450
Tax Period
2024-01-01 to 2024-12-31

DOVE RECOVERY HOUSE FOR WOMEN INC, founded in 2002, is a community nonprofit in the Mental Health sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $608K, a strong 19% operating margin.

Mission

TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF WOMEN RECOVERING FROM SUBSTANCE ABUSE, INCLUDING WOMEN WHO ARE HOMELESS, UNINSURED, AND FINANCIALLY UNABLE TO PAY FOR HELP, BY AWAKENING WITHIN THEM A DESIRE AND COMMITMENT TO CHANGE AND TO BUILD A FOUNDATION FOR THEIR RECOVERY JOURNEY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,540,278
Program Service Revenue $284,362
Investment Income $262,404
Other Revenue $35,331
TOTAL REVENUE $3,122,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,584,746
Fundraising Expenses $374,813
Program Expenses $1,763,493
Other Expenses $929,651
TOTAL EXPENSES $2,514,397

Year-over-Year Comparison

2024 2023 Change
Revenue $3,122,375 $2,324,050 +0.3%
Expenses $2,514,397 $2,185,205 +0.2%
Net Income $607,978 $138,845 +3.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
47
Volunteers
50

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$119,846
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATY CUMMINGS PAST CHAIR 0.50
Officer Director
$0 $0 $0
DENISA LAMBERT VICE CHAIR 0.50
Officer Director
$0 $0 $0
CHRIS MILLS CHAIR 1.00
Officer Director
$0 $0 $0
JIM PATTON SECRETARY 0.50
Officer Director
$0 $0 $0
JANET SWEET TREASURER 1.00
Officer Director
$0 $0 $0
NICK KILE DIRECTOR 0.50
Director
$0 $0 $0
LAURA DOUGHTY DIRECTOR 0.50
Director
$0 $0 $0
SAMANTHA DEWESTER DIRECTOR 0.50
Director
$0 $0 $0
MATT BROWNING DIRECTOR 0.50
Director
$0 $0 $0
CHARLES MILLER DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER VERKAMP DIRECTOR 1.00
Director
$0 $0 $0
WENDY NOE CEO 40.00
Officer
$118,846 $1,000 $119,846
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,122,375 $2,514,397 $6,978,694 $607,978
2023 $2,324,050 $2,185,205 $6,320,165 $138,845
2022 $4,160,922 $1,449,206 $5,976,398 $2,711,716
2021 $1,486,923 $1,164,371 $3,233,879 $322,552
2020 $938,552 $836,119 $2,885,398 $102,433
2019 $614,819 $717,373 $2,838,194 $-102,554
2018 $471,817 $456,469 $2,965,815 $15,348
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