NATE'S PLACE A WELLNESS AND RECOVERY CENTER

EIN: 882222599 501(c)(3) Human Services

OXNARD, CA

Total Revenue
$620,044
Total Expenses
$488,584
Total Assets
$233,282
Net Assets
$233,282
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
HEIDI ALLISON
Phone
8056282552
Tax Period
2024-01-01 to 2024-12-31

NATE'S PLACE A WELLNESS AND RECOVERY CENTER, founded in 2022, is a small nonprofit in the Human Services sector that reported $620K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $131K, a strong 21% operating margin.

Mission

THE MISSION AT NATES PLACE, A WELLNESS AND RECOVERY CENTER, IS TO DELIVER TARGETED PROGRAMS, HEALTHY REPLACEMENT ACTIVITIES, AND 1:1 PEER SUPPORT RECOVERY COACHING TO TEENS AND YOUNG ADULTS (AGES 13-25), WHO ARE AT RISK OF SUBSTANCE ABUSE AND/OR MENTAL HEALTH DISORDERS, OR STRIVING TO ATTAIN AND MAINTAIN SOBRIETY AND MENTAL HEALTH IN A SAFE, HEALTHY MANNER. NATE'S PLACE, A WELLNESS AND RECOVERY CENTER FILLS A GAP IN SERVICES FOR UNDERSERVED,UNINSURED AND LOW INCOME INDIVIDUALS. WE PROVIDE THE FOLLOWING SERVICES, FREE OF CHARGE, WITH FREE TRANSPORTATION: 1. 1:1 PEER SUPPORT RECOVERY COACHING FOR EVERY PARTICIPANT 2. 20+ HEALTHY RECREATIONAL ACTIVITIES 3. 13 GROUPS THAT PROVIDE COUNSELING, EDUCATION AND SUPPORT 4. BI-MONTHLY COMMUNITY EDUCATION TALKS ON MENTAL HEALTH AND SUBSTANCE USE 5. TEEN INTERVENE PREVENTION GROUPS IN 13 SCHOOLS ACROSS VENTURA COUNTY

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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 $618,544
Program Service Revenue $0
Investment Income $0
Other Revenue $1,500
TOTAL REVENUE $620,044

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,790
Fundraising Expenses $2,195
Program Expenses $412,203
Other Expenses $456,794
TOTAL EXPENSES $488,584

Year-over-Year Comparison

2024 2023 Change
Revenue $620,044 $299,694 +1.1%
Expenses $488,584 $232,168 +1.1%
Net Income $131,460 $67,526 +0.9%
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

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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
6
Independent Members
3
Employees
N/A
Volunteers
8

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
4
$27,000
Total Directors
6
$31,790
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI ALLISON PRESIDENT 60.00
Officer Director
$27,000 $0 $27,000
SARA RECTOR VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DIANA CHENG SECRETARY 2.00
Officer Director
$0 $0 $0
DIANA DEJOSEPH TREASURER 15.00
Officer Director
$0 $0 $0
LARRY RHOADES BOARD MEMBER 50.00
Director
$3,000 $0 $3,000
RON KARU BOARD MEMBER 6.00
Director
$1,790 $0 $1,790
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 $620,044 $488,584 $233,282 $131,460
2023 $299,694 $232,168 $96,118 $67,526
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