Civic Intelligence

Recovery Foundation Inc.

EIN 61-2019607 • 501(c)3 • Los Angeles, CA

Pub. 78 EligibleNTEE P20

Profile

Our nonprofit's mission is to provide a safe, fun, program-oriented setting where residents can find purpose, progress, and build a foundation for a life that is not only free of drugs and alcohol, but flourishing in all aspects.

12448 Walsh AveLos Angeles, CA 90066

recoveryhousefoundation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

28th percentile

-3.8%

Higher net margin than 28% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P20 • <$500k nonprofits • Source year 2023

Asset Growth

22nd percentile

-36%

Faster asset growth than 22% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

32%

Faster revenue growth than 70% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$7,761

Down $4,284 (-36%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$7,761

Down $4,284 (-36%) from 2022

Revenue

Up

$113,835

Up $27,870 (+32%) from 2022

Expenses

Up

$118,119

Up $44,199 (+60%) from 2022

Net Income

Down

-$4,284

Down $16,329 (-136%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2022: $12,045Liabilities 2022: $0Net Assets 2022: $12,0452022Assets 2023: $7,761Net Assets 2023: $7,7612023

Highlighted filing

2023

Assets$7,761
Liabilities-
Net Assets$7,761

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $85,965Expenses 2022: $73,920Net Income 2022: $12,0452022Revenue 2023: $113,835Expenses 2023: $118,119Net Income 2023: -$4,2842023

Highlighted filing

2023

Revenue$113,835
Expenses$118,119
Net Income-$4,284

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2023
Return Version
2023v5.0
Gross Receipts
$113,835
Mission and Program Overview

Mission

Our nonprofit's mission is to provide a safe, fun, program-oriented setting where residents can find purpose, progress, and build a foundation for a life that is not only free of drugs and alcohol, but flourishing in all aspects.

Program Services

DescriptionGrantsExpenses
THE RECOVERY FOUNDATION HAD A REMARKABLE 2023, DEDICATED TO SUPPORTING INDIVIDUALS BATTLING ADDICTION ON THEIR JOURNEY TOWARDS RECOVERY. THROUGHOUT THE YEAR, WE PROVIDED ASSISTANCE TO APPROXIMATELY 54 CLIENTS. WHAT'S TRULY INSPIRING IS THAT MANY OF THEM SUCCESSFULLY COMPLETED OUR 90- DAY PROGRAM AND TRANSITIONED OUT WITH NEWFOUND STABILITY. THESE INDIVIDUALS ACTIVELY PARTICIPATED IN HOUSE MEETINGS, PURSUED EMPLOYMENT OPPORTUNITIES, AND, MOST IMPORTANTLY, MAINTAINED CONSISTENT SOBRIETY THROUGH ENGAGEMENT WITH OUR SUPPORTIVE RECOVERY COMMUNITY. AT OUR NONPROFIT, OUR MISSION IS CLEAR: TO OFFER A SECURE, NURTURING ENVIRONMENT FOCUSED ON STRUCTURED PROGRAMMING, WHERE RESIDENTS CAN DISCOVER PURPOSE, MAKE STRIDES, AND ESTABLISH THE GROUNDWORK FOR A LIFE FREE FROM THE GRIP OF SUBSTANCE ABUSE. WE'RE NOT JUST HELPING PEOPLE OVERCOME ADDICTION; WE'RE EMPOWERING THEM TO THRIVE IN ALL ASPECTS OF THEIR LIVES. WE TAKE GREAT PRIDE IN OUR EFFORTS TO GO ABOVE AND BEYOND IN FULFILLING THIS MISSION.-$110,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN B STEELE IIIDirector/CEO-$0--
VANESSA J GRECODirector, Cf-$0--
BRANDY J VALDEZDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Recovery Foundation Inc
EIN
61-2019607
Phone
4249005445
Address
12448 WALSH AVE, LOS ANGELES, CA 90066

Signing Officer

Name
John B Steele Iii
Title
Director/CEO
Phone
4249005445
Signed
2023-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Roland Fink & Co Inc
Address
5250 LANKERSHIM BLVD STE 500, NORTH HOLLYWOOD, CA 91601-3187
Preparer
Roland W Fink CPA
Phone
8182105080
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank charges 531 credit card merchant fees 2,203 software 330 insurance 5,520 licenses and fees 650 non-investment depreciation 1,372 total 10,606

Form 990-ez, Part II, Line 24

Furniture & equipment 9,600 9,600 less accumulated depreciation 1,371 2,743 total 8,229 6,857

Form 990-ez, Part III

Our nonprofit's mission is to provide a safe, fun, program-oriented setting where residents can find purpose, progress, and build a foundation for a life that is not only free of drugs and alcohol, but flourishing in all aspects.

Form 990-ez, Part III, Line 28

The recovery foundation had a remarkable 2023, dedicated to supporting individuals battling addiction on their journey towards recovery. Throughout the year, we provided assistance to approximately 54 clients. What's truly inspiring is that many of them successfully completed our 90- day program and transitioned out with newfound stability. These individuals actively participated in house meetings, pursued employment opportunities, and, most importantly, maintained consistent sobriety through engagement with our supportive recovery community. At our nonprofit, our mission is clear: to offer a secure, nurturing environment focused on structured programming, where residents can discover purpose, make strides, and establish the groundwork for a life free from the grip of substance abuse. We're not just helping people overcome addiction; we're empowering them to thrive in all aspects of their lives. We take great pride in our efforts to go above and beyond in fulfilling this mission.

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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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