WINGS TO RECOVER INC

EIN: 833936939 501(c)(3) Crime & Legal

EL DORADO, AR

Total Revenue
$211,549
Total Expenses
$311,641
Total Assets
$324,741
Net Assets
$-273,958
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AR
Principal Officer
RAGAN MCDANIEL
Phone
8707256383
Tax Period
2023-01-01 to 2023-12-31

WINGS TO RECOVER INC, founded in 2019, is a small nonprofit in the Crime & Legal sector that reported $264K in total revenue in fiscal year 2019. The organization ran a surplus of $68K, a strong 26% operating margin.

Mission

TO ASSIST INDIVIDUALS RE-ENTERING SOCIETY AFTER INCARCERATION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $211,477
Program Service Revenue $0
Investment Income $72
Other Revenue $0
TOTAL REVENUE $211,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $311,641
Other Expenses $311,641
TOTAL EXPENSES $311,641

Year-over-Year Comparison

2023 2022 Change
Revenue $211,549 $219,442 0.0%
Expenses $311,641 $353,229 -0.1%
Net Income $-100,092 $-133,787 -0.3%
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
2
Independent Members
N/A
Employees
N/A
Volunteers
2

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAGAN MCDANIEL Director 40.00
Officer Director
$0 $0 $0
REX MCDANIEL Director 40.00
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
2023 $211,549 $311,641 $324,741 $-100,092
2022 $219,442 $353,229 $338,812 $-133,787
2021 $218,351 $300,738 $400,966 $-82,387
2020 $268,272 $294,186 $47,564 $-25,914
2020 $351,439 $294,185 $103,365 $57,254
2019 $264,440 $195,967 $128,668 $68,473
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