STRENGTH IN PEERS INC

EIN: 811604006 501(c)(3) Mental Health

NEW MARKET, VA

Total Revenue
$1,773,060
Total Expenses
$1,603,029
Total Assets
$1,413,004
Net Assets
$483,850
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Financial Trends

Organization Details

Formation Year
2015
Principal Officer
LISA FADLEY
Phone
5402170869
Tax Period
2023-07-01 to 2024-06-30

STRENGTH IN PEERS INC, founded in 2015, is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2018. Revenue surged 178% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 5% surplus.

Mission

STRENGTH IN PEERS, INC. IS A NONPROFIT ORGANIZATION OF PEOPLE WHO HAVE LIVED-EXPERIENCE RECOVERING FROM MENTAL HEALTH CHALLENGES AND/OR SUBSTANCE ABUSE. THE ORGANIZATION STRIVES TO EMPOWER INDIVIDUALS DURING RECOVERY BY OFFERING SERVICES THAT ENCOURAGE CONNECTION, ACCESS TO RESOURCES, AND SELF- SUFFICIENCY. THE ORGANIZATION BELIEVES COMMUNITY MEMBERS CAN HELP ONE ANOTHER ACCESS SERVICES AND ADVOCATE FOR CHANGES THAT BETTER MEET THEIR NEEDS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,715,056
Program Service Revenue $0
Investment Income $2,209
Other Revenue $55,795
TOTAL REVENUE $1,773,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $960,455
Fundraising Expenses $0
Program Expenses $1,245,698
Other Expenses $642,574
TOTAL EXPENSES $1,603,029

Year-over-Year Comparison

2023 2022 Change
Revenue $1,773,060 $1,696,441 +0.0%
Expenses $1,603,029 $1,599,702 +0.0%
Net Income $170,031 $96,739 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
31
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
2
$83,923
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA FADLEY EXECUTIVE DI 40.00
Officer
$83,923 $0 $83,923
LAURA BLACK PRESIDENT 1.00
Officer Director
$0 $0 $0
DANIEL FINSETH BOARD MEMBER 1.00
Director
$0 $0 $0
NATALIE GAZZARA BOARD MEMBER 1.00
Director
$0 $0 $0
JASON KIDD BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE MAXWELL BOARD MEMBER 1.00
Director
$0 $0 $0
MARSHA RODEFFER BOARD MEMBER 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
2025 No data No data No data No data
2024 $1,773,060 $1,603,029 $1,413,004 $170,031
2023 $1,696,441 $1,599,702 $625,083 $96,739
2022 $1,415,365 $1,381,741 $516,610 $33,624
2021 $1,241,705 $1,184,109 $276,028 $57,596
2020 $1,017,422 $989,470 $179,815 $27,952
2019 $1,069,271 $1,020,597 $165,509 $48,674
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