Civic Intelligence

Pivot Community Development Corporation

990 • Fiscal year 2022 • EIN 45-5453704

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 12, 2025

120 Middle St PO Box 3569Bridgeport, CT 06604

(203) 908-5238

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.17x

Higher debt load relative to assets than 65% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

60th percentile

$82,034

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

112%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

151%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,579,562

Up $834,594 (+112%) from 2021

Net Assets

Up

$1,310,098

Up $823,879 (+169%) from 2021

Liabilities

Up

$269,464

Up $10,715 (+4.1%) from 2021

Revenue

Up

$1,424,343

Up $857,357 (+151%) from 2021

Expenses

Up

$675,320

Up $130,850 (+24%) from 2021

Net Income

Up

$749,023

Up $726,507 (+3227%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $24,260Liabilities 2012: $02012Assets 2013: $38,129Liabilities 2013: $02013Assets 2014: $84,431Liabilities 2014: $02014Assets 2015: $84,431Liabilities 2015: $5,8442015Assets 2018: $266,638Liabilities 2018: $126,625Net Assets 2018: $140,0132018Assets 2019: $452,195Liabilities 2019: $84,933Net Assets 2019: $367,2622019Assets 2020: $772,883Liabilities 2020: $309,180Net Assets 2020: $463,7032020Assets 2021: $744,968Liabilities 2021: $258,749Net Assets 2021: $486,2192021Assets 2022: $1,579,562Liabilities 2022: $269,464Net Assets 2022: $1,310,0982022Assets 2023: $1,884,109Liabilities 2023: $217,208Net Assets 2023: $1,666,9012023Assets 2024: $1,896,875Liabilities 2024: $203,546Net Assets 2024: $1,693,3292024

Highlighted filing

2022

Assets$1,579,562
Liabilities$269,464
Net Assets$1,310,098

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $24,360Expenses 2012: $100Net Income 2012: $24,2602012Revenue 2013: $20,015Expenses 2013: $6,146Net Income 2013: $13,8692013Revenue 2014: $75,877Expenses 2014: $32,175Net Income 2014: $43,7022014Revenue 2015: $25,510Expenses 2015: $31,354Net Income 2015: -$5,8442015Revenue 2018: $245,468Expenses 2018: $135,994Net Income 2018: $109,4742018Revenue 2019: $758,753Expenses 2019: $531,007Net Income 2019: $227,7462019Revenue 2020: $540,853Expenses 2020: $444,412Net Income 2020: $96,4412020Revenue 2021: $566,986Expenses 2021: $544,470Net Income 2021: $22,5162021Revenue 2022: $1,424,343Expenses 2022: $675,320Net Income 2022: $749,0232022Revenue 2023: $1,250,730Expenses 2023: $830,760Net Income 2023: $419,9702023Revenue 2024: $629,797Expenses 2024: $572,602Net Income 2024: $57,1952024

Highlighted filing

2022

Revenue$1,424,343
Expenses$675,320
Net Income$749,023
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 12, 2025
Return Version
2022v5.0
Gross Receipts
$1,424,343
Mission and Program Overview

Mission

Create and manage affordable, supportive, sober housing and provide trade skills training to men recovering from addiction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$527,162$1,310,098▲ $782,936
Land, Buildings, and Equipment, Net$589,883$1,270,021▲ $680,138
Cash and Non-Interest-Bearing Accounts$165,239$173,079▲ $7,840
Accounts Receivable$24,076$57,281▲ $33,205
Prepaid Expenses and Deferred Charges$6,713$5,963▼ $750
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$785,911$1,579,562▲ $793,651
Other Assets Total-$73,218-
Liabilities
Unsecured Notes Loans Payable$208,014$208,046▲ $32
Accounts Payable and Accrued Expenses$28,834$60,818▲ $31,984
Other Liabilities$21,901$600▼ $21,301
Total Liabilities$258,749$269,464▲ $10,715
Net Assets / Fund Balance
Total Net Assets Fund Balance$527,162$1,310,098▲ $782,936
Total Liabilities and Net Assets / Fund Balance$785,911$1,579,562▲ $793,651

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$860,876$51,432$912,308
Leasehold Improvements$337,706$52,709$390,415
Land$50,000-$50,000
Equipment$12,978$31,206$44,184
Other Land Buildings$8,461$12,847$21,308
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anthony KiniryExecutive DirectorFT$82,034$82,034

Board Members and Trustees

NameTitle
Theodore DeinardPresident
Leigh EngenVice President
Nancy McdadeSecretary
Thomas OrrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,015,602
Program Service Revenue
$391,555
Investment Income
$60
Other Revenue
$17,126
All Other Contributions
$1,015,602
Change in Net Assets
$749,023

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$615,000Fair Value
Total Noncash Contributions1$615,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,789
Salaries, Compensation, and Employee Benefits$243,531
Total Fundraising Expense$27,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,235$14,145$7,073$141,453
Current Officers, Directors, Trustees, and Key Employees$69,729$8,203$4,102$82,034
Depreciation Depletion$46,945$5,523$2,761$55,229
Office Expenses$29,586$11,835$5,917$47,338
Insurance$38,319$4,508$2,254$45,081
Fees for Services Accounting$36,337$4,275$2,138$42,750
Other Expenses$18,574$2,185$1,093$21,852
Payroll Taxes$17,038$2,004$1,002$20,044
All Other Expenses$18,936$130$65$19,131
Travel$6,320$744$372$7,436
Interest$5,468$643$322$6,433
Total Functional Expenses$587,137$61,084$27,099$675,320
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,126
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Ga$17,126$17,126-$17,126
Total Events$17,126$17,126-$17,126
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rent Deposits$600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted

Form 990, Part VI, Section B, Line 15A

The organization's ceo serves on a voluntary basis and does not receive any compensation; therefore, no formal compensation review process was necessary

Form 990, Part VI, Section C, Line 19

No other documents available to the public

Filing and Contact Details

Filer

Filer Name
Recovery Community Development Inc
EIN
45-5453704
Phone
2039085238
Address
120 MIDDLE ST PO BOX 3569, BRIDGEPORT, CT 06604

Signing Officer

Name
Thomas Orr
Title
Treasurer
Phone
2039085238
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theodore Deinard
Formed
2012
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Ledgerly Llp
Address
PO BOX 110035, TRUMBULL, CT 06611
Preparer
Michael Abrahamian CPA
Phone
8602458112
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee responsible for oversight of the audit and the selection of an independent accountant, and no changes were made to this process during the tax year

FORM 990, PART XII, LINE 2C:

This amended form 990 is being filed to align with revisions made to the organization's audited consolidated financial statements, which resulted in a net adjustment of $33,913. Additionally, this amendment incorporates modifications based on review notes, comments, and recommendations provided through charity navigator's independent evaluation.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01746900
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01746900
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0400603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0307902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0312925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0513970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0211500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01746900
IRS990ScheduleA/TotalSupportAmt01746900
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0860876
IRS990ScheduleD/BuildingsGrp/DepreciationAmt051432
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0912308
IRS990ScheduleD/EquipmentGrp/BookValueAmt012978
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044184
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0337706
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt052709
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0390415
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08461
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012847
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENT DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01270021
IRS990ScheduleD/TotalLiabilityAmt0600
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING GA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017126
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017126
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017126
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017126
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017126
IRS990ScheduleG/LicensedStatesCd0CT
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt0615000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0NON-CASH CONTRIBUTION: DURING 2022, THE ORGANIZATION RECEIVED A CONTRIBUTION OF A HOUSE IN NORWALK. THE FAIR VALUE OF THE HOUSE DONATION WAS DETERMINED TO BE $615,000 BASED ON COMPARABLY SIZED HOUSES IN THE AREA AT THE TIME OF THE DONATION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 30B:
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CEO SERVES ON A VOLUNTARY BASIS AND DOES NOT RECEIVE ANY COMPENSATION; THEREFORE, NO FORMAL COMPENSATION REVIEW PROCESS WAS NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT, AND NO CHANGES WERE MADE TO THIS PROCESS DURING THE TAX YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS AMENDED FORM 990 IS BEING FILED TO ALIGN WITH REVISIONS MADE TO THE ORGANIZATION'S AUDITED CONSOLIDATED FINANCIAL STATEMENTS, WHICH RESULTED IN A NET ADJUSTMENT OF $33,913. ADDITIONALLY, THIS AMENDMENT INCORPORATES MODIFICATIONS BASED ON REVIEW NOTES, COMMENTS, AND RECOMMENDATIONS PROVIDED THROUGH CHARITY NAVIGATOR'S INDEPENDENT EVALUATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01579562
IRS990/TotalAssetsGrp/BOYAmt0785911
IRS990/TotalAssetsGrp/EOYAmt01579562
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01015602
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027099
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061084
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0587137
IRS990/TotalFunctionalExpensesGrp/TotalAmt0675320
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258749
IRS990/TotalLiabilitiesEOYAmt0269464
IRS990/TotalLiabilitiesGrp/BOYAmt0258749
IRS990/TotalLiabilitiesGrp/EOYAmt0269464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0527162
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01310098
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0587137
IRS990/TotalProgramServiceRevenueAmt0391555
IRS990/TotalReportableCompFromOrgAmt082034
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0391615
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01424343
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0785911
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01579562
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0372
IRS990/TravelGrp/ManagementAndGeneralAmt0744
IRS990/TravelGrp/ProgramServicesAmt06320
IRS990/TravelGrp/TotalAmt07436
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0208014
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0208046
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0RECOVCD.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS ORR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02039085238
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RECOVERY COMMUNITY DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0RECO
ReturnHeader/Filer/EIN0455453704
ReturnHeader/Filer/PhoneNum02039085238
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 MIDDLE ST PO BOX 3569
ReturnHeader/Filer/USAddress/CityNm0BRIDGEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006604
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931801312
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEDGERLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 110035
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRUMBULL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT

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