Damascus Road Recovery Inc
EIN: 421560164 · Covington, GA · NTEE: F22
Is Damascus Road Recovery Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Damascus Road Recovery Inc
Damascus Road Recovery Inc (EIN: 421560164) is a nonprofit organization based in Covington, GA, classified under NTEE code F22. The organization reported total revenue of $598K and total assets of $963K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Damascus Road Recovery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Damascus Road Recovery Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $539K |
| Total Expenses | $551K |
| Surplus / Deficit | $-12,009 |
| Total Assets | $894K |
| Total Liabilities | $11K |
| Net Assets | $883K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Damascus Road Recovery Inc reported a deficit of $12K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Damascus Road Recovery Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +18.3% | -0.9% |
| 2022 | +4.3% | +3.9% | +3.8% |
| 2021 | +5.3% | -1.5% | +2.8% |
| 2020 | -11.1% | -11.3% | -0.7% |
| 2019 | +8.4% | +2.9% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Damascus Road Recovery Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Damascus Road Recovery Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Damascus Road Recovery Inc
Is Damascus Road Recovery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Damascus Road Recovery Inc (EIN: 421560164) insufficient data. 0 red flags identified, 0 strengths noted.
How does Damascus Road Recovery Inc spend its money?
Detailed spending breakdown data is not yet available for Damascus Road Recovery Inc. Check back for updated IRS 990 analysis.
Are donations to Damascus Road Recovery Inc tax-deductible?
Damascus Road Recovery Inc is registered as a tax-exempt nonprofit (EIN: 421560164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Damascus Road Recovery Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Damascus Road Recovery Inc's revenue has grown by 23.7%, moving from $436K to $539K. Total assets increased by 504.1% over the same period, from $148K to $894K. Total functional expenses rose by 32.3%, from $417K to $551K. In its most recent filing year (2023), Damascus Road Recovery Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $11K in liabilities against $894K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $883K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $551K | $894K | $11K | — | — |
| 2022 | $494K | $466K | $901K | $6K | — | — |
| 2021 | $473K | $449K | $868K | $461 | — | View 990 |
| 2020 | $450K | $456K | $845K | $2K | — | — |
| 2019 | $506K | $513K | $851K | $2K | — | View 990 |
| 2018 | $466K | $499K | $858K | $2K | — | View 990 |
| 2017 | $534K | $507K | $891K | $3K | — | View 990 |
| 2016 | $542K | $450K | $861K | $0 | — | View 990 |
| 2015 | $609K | $441K | $773K | $5K | — | View 990 |
| 2014 | $553K | $421K | $608K | $8K | — | View 990 |
| 2013 | $605K | $426K | $631K | $163K | — | View 990 |
| 2012 | $499K | $431K | $689K | $399K | — | View 990 |
| 2011 | $516K | $425K | $628K | $405K | — | View 990 |
| 2010 | $436K | $417K | $148K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $551K, and assets of $894K (revenue +9.3% year-over-year).
- 2022: Revenue of $494K, expenses of $466K, and assets of $901K (revenue +4.3% year-over-year).
- 2021: Revenue of $473K, expenses of $449K, and assets of $868K (revenue +5.3% year-over-year).
- 2020: Revenue of $450K, expenses of $456K, and assets of $845K (revenue -11.1% year-over-year).
- 2019: Revenue of $506K, expenses of $513K, and assets of $851K (revenue +8.4% year-over-year).
- 2018: Revenue of $466K, expenses of $499K, and assets of $858K (revenue -12.8% year-over-year).
- 2017: Revenue of $534K, expenses of $507K, and assets of $891K (revenue -1.5% year-over-year).
- 2016: Revenue of $542K, expenses of $450K, and assets of $861K (revenue -10.9% year-over-year).
- 2015: Revenue of $609K, expenses of $441K, and assets of $773K (revenue +10.1% year-over-year).
- 2014: Revenue of $553K, expenses of $421K, and assets of $608K (revenue -8.6% year-over-year).
- 2013: Revenue of $605K, expenses of $426K, and assets of $631K (revenue +21.2% year-over-year).
- 2012: Revenue of $499K, expenses of $431K, and assets of $689K (revenue -3.3% year-over-year).
- 2011: Revenue of $516K, expenses of $425K, and assets of $628K (revenue +18.4% year-over-year).
- 2010: Revenue of $436K, expenses of $417K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Damascus Road Recovery Inc:
Data Sources and Methodology
This transparency report for Damascus Road Recovery Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.