Friends of Recovery NE Ohio

EIN: 814828534 501(c)(3) Crime & Legal

Willoughby, OH

Total Revenue
$339,235
Total Expenses
$175,256
Total Assets
$603,885
Net Assets
$505,894
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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
2017
Legal Domicile
OH
Tax Period
2023-01-01 to 2023-12-31

Friends of Recovery NE Ohio, founded in 2017, is a small nonprofit in the Crime & Legal sector that reported $339K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 48% operating margin.

Mission

Provide Christ centered recovery homes offering hope, healing, and restoration for individuals recovering from addictive substances.

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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 (2023)

Revenue Breakdown

Contributions & Grants $335,448
Program Service Revenue $3,781
Investment Income $6
Other Revenue $0
TOTAL REVENUE $339,235

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,250
Fundraising Expenses $0
Program Expenses $147,712
Other Expenses $112,006
TOTAL EXPENSES $175,256

Year-over-Year Comparison

2023 2022 Change
Revenue $339,235 $226,787 +0.5%
Expenses $175,256 $122,787 +0.4%
Net Income $163,979 $104,000 +0.6%
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
7
Independent Members
7
Employees
5
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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Sopenski Board Vice-Chair 1.00
Officer Director
$0 $0 $0
Trenton Tipton-Fletcher Board Treasurer 1.00
Officer Director
$0 $0 $0
Leila Vidmar Board Member 1.00
Officer Director
$0 $0 $0
Wayne Phelps Board Chariman 1.00
Officer Director
$0 $0 $0
Dennis Anthony Executive Director 40.00
Officer Director
$0 $0 $0
Todd Bolton Board Member 1.00
Officer Director
$0 $0 $0
Scott Hanna Board Secretary 1.00
Officer 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 No data No data No data No data
2023 $339,235 $175,256 $603,885 $163,979
2022 $226,787 $122,787 $445,974 $104,000
2021 $134,738 $97,854 $350,913 $36,884
2020 $134,062 $67,163 $319,104 $66,899
2019 $116,125 $61,722 $259,958 $54,403
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