BROADWAY RECOVERY SERVICES

EIN: 832116202 501(c)(3) Housing & Shelter

YOUNGSTOWN, OH

Total Revenue
$1,310,045
Total Expenses
$1,144,579
Total Assets
$582,413
Net Assets
$202,457
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OH
Principal Officer
ADAM LONARDO
Phone
8552929778
Tax Period
2024-01-01 to 2024-12-31

BROADWAY RECOVERY SERVICES, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 13% surplus.

Mission

BROADWAY RECOVERY SERVICES AIMS TO PROVIDE A SAFE, STRUCTURED, SOBER ENVIRONMENT THAT ENABLES AND ENCOURAGES INDIVIDUALS IN RECOVERY TO CONTINUE THEIR ABSTINENCE FROM DRUGS AND ALCOHOL, PARTICIPATE IN TREATMENT PROGRAMS, AND RECONNECT WITH THEIR FAMILIES AND THE COMMUNITY IN A POSITIVE MANNER.

Program Service Accomplishments

Program 1
Expenses: $1,128,219 Revenue: $1,007,542

BROADWAY'S STRUCTURED RECOVERY HOUSING PROGRAM STRIVES TO IMPROVE THE LIVES OF THOSE SUFFERING FROM ALCOHOL AND DRUG ADDICTION BY NOT ONLY PROVIDING HOUSING BUT ALSO PROMOTING HEALTHY LIFESTYLES, AN...

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BROADWAY'S STRUCTURED RECOVERY HOUSING PROGRAM STRIVES TO IMPROVE THE LIVES OF THOSE SUFFERING FROM ALCOHOL AND DRUG ADDICTION BY NOT ONLY PROVIDING HOUSING BUT ALSO PROMOTING HEALTHY LIFESTYLES, AN OPPORTUNITY FOR MEANINGFUL CHANGE, AND INSTILLING POSITIVE VALUES THROUGH PEER SUPPORT AND BEHAVIORAL HEALTH COUNSELING.

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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 $300,579
Program Service Revenue $1,007,542
Investment Income $0
Other Revenue $1,924
TOTAL REVENUE $1,310,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $491,393
Fundraising Expenses $0
Program Expenses $1,128,219
Other Expenses $653,186
TOTAL EXPENSES $1,144,579

Year-over-Year Comparison

2024 2023 Change
Revenue $1,310,045 $971,821 +0.3%
Expenses $1,144,579 $933,647 +0.2%
Net Income $165,466 $38,174 +3.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
15
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
10
$90,000
Total Directors
11
$90,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON KMENTT DIRECTOR 30.00
Officer Director
$49,500 $0 $49,500
ADAM LONARDO EXECUTIVE DI 30.00
Officer Director
$40,500 $0 $40,500
LIAM ABRIGG DIRECTOR 1.00
Officer Director
$0 $0 $0
BRYANT CROACH DIRECTOR 1.00
Officer Director
$0 $0 $0
VICTOR DAPRILE DIRECTOR 1.00
Officer Director
$0 $0 $0
PATRICK GRAY DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHAEL ROMEO JR DIRECTOR 1.00
Director
$0 $0 $0
KASSANDRA KORNBAU DIRECTOR 1.00
Officer Director
$0 $0 $0
STEPHANIE LEONARD DIRECTOR 1.00
Officer Director
$0 $0 $0
ZECHARIAH MATHEWS DIRECTOR 1.00
Officer Director
$0 $0 $0
DEBORAH PASSEROTTI DIRECTOR 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 $1,310,045 $1,144,579 $582,413 $165,466
2023 $971,821 $933,647 $168,813 $38,174
2022 $658,029 $667,650 $143,642 $-9,621
2021 $300,221 $316,544 $2,780 $-16,323
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