Recovery Epicenter Foundation Inc

EIN: 465272217 501(c)(3) Mental Health

Clearwater, FL

Total Revenue
$954,301
Total Expenses
$724,553
Total Assets
$262,188
Net Assets
$263,088
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Tax Period
2024-01-01 to 2024-12-31

Recovery Epicenter Foundation Inc, founded in 2014, is a small nonprofit in the Mental Health sector that reported $954K in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $230K, a strong 24% operating margin.

Mission

Empowering individuals by eliminating personal, societal, and institutional barriers to sustained recovery from substance misuse. We actively practice harm reduction strategies that embrace all pathways to recovery. Through connections with direct peer support services from persons with lived experience, we reduce stigmas associated with surviving an addiction one person and one family member at a time.

Program Service Accomplishments

Program 1
Expenses: $376,021

Respite Services - Short-term stabilization for people seeking recovery that do not meet medical threshold for detox. 80% of participants transition to stable housing and 85% report an improvement in...

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Respite Services - Short-term stabilization for people seeking recovery that do not meet medical threshold for detox. 80% of participants transition to stable housing and 85% report an improvement in mood and outlook.

Program 2
Expenses: $267,322

Outreach - Provide education, information, and linkage to services to potential participants along with advocacy for the recovery movement. Distributed over 10,000 doses of Narcan and reached over...

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Outreach - Provide education, information, and linkage to services to potential participants along with advocacy for the recovery movement. Distributed over 10,000 doses of Narcan and reached over 7,000 individuals and family members to provide resources and community connects.

Program 3
Expenses: $1,454

Peer to Peer - Providing direct peer support services in the problem-solving court to support justice-related participants. Peer engagement reduced recidivism and promoted connection to long-term...

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Peer to Peer - Providing direct peer support services in the problem-solving court to support justice-related participants. Peer engagement reduced recidivism and promoted connection to long-term services.

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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 $954,141
Program Service Revenue $160
Investment Income $0
Other Revenue $0
TOTAL REVENUE $954,301

Expense Breakdown

Grants Paid $7,572
Salaries & Benefits $100,463
Fundraising Expenses $30
Program Expenses $644,797
Other Expenses $616,518
TOTAL EXPENSES $724,553

Year-over-Year Comparison

2024 2023 Change
Revenue $954,301 $395,493 +1.4%
Expenses $724,553 $369,382 +1.0%
Net Income $229,748 $26,111 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$100,463
Total Directors
9
$100,463
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Atkinson Executive Dir. 40.00
Officer Director
$100,463 $0 $100,463
Lauren Hermann President 5.00
Officer Director
$0 $0 $0
Christine Cook Treasurer 2.00
Officer Director
$0 $0 $0
Cherrice Peters -Tanksley Director 2.00
Director
$0 $0 $0
Amanda Marker Director 2.00
Officer Director
$0 $0 $0
Dominc Gefsrud Director 2.00
Director
$0 $0 $0
Jason Gwalthney Director 2.00
Director
$0 $0 $0
Josh Dirschel Director 2.00
Director
$0 $0 $0
Steve Szopinski Director 2.00
Director
$0 $0 $0
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 $954,301 $724,553 $262,188 $229,748
2023 $395,493 $369,382 $49,482 $26,111
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