THE RECOVERY FOUNDATION INC

EIN: 612019607 501(c)(3) Human Services

LOS ANGELES, CA

Total Revenue
$85,965
Total Expenses
$73,920
Total Assets
$12,045
Net Assets
$12,045
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
JOHN B STEELE III
Phone
4249005445
Tax Period
2022-01-01 to 2022-12-31

THE RECOVERY FOUNDATION INC, founded in 2021, is a micro nonprofit in the Human Services sector that reported $86K in total revenue in fiscal year 2022. Expenses of $74K left a modest 14% surplus.

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.

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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 (2022)

Revenue Breakdown

Contributions & Grants $19,600
Program Service Revenue $66,365
Investment Income $0
Other Revenue $0
TOTAL REVENUE $85,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $73,271
Other Expenses $73,920
TOTAL EXPENSES $73,920

Year-over-Year Comparison

2022 2021 Change
Revenue $85,965 N/A N/A
Expenses $73,920 N/A N/A
Net Income $12,045 N/A N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANESSA J GRECO DIRECTOR, CF 1.00
Officer Director
$0 $0 $0
JOHN B STEELE III DIRECTOR/CEO 1.00
Officer Director
$0 $0 $0
BRANDY J VALDEZ DIRECTOR 1.00
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
2022 $85,965 $73,920 $12,045 $12,045
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