Recovery Benefits Corp
EIN: 871129876 · Austintown, OH · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.4M |
| Net Assets | $-67,263 |
Is Recovery Benefits Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Recovery Benefits Corp
Recovery Benefits Corp (EIN: 871129876) is a nonprofit organization based in Austintown, OH, classified under NTEE code P50. The organization reported total revenue of $2.0M and total assets of $205K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recovery Benefits Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Recovery Benefits Corp is a mid-size nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-112,271 |
| Total Assets | $134K |
| Total Liabilities | $201K |
| Net Assets | $-67,263 |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 150.2% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2023, Recovery Benefits Corp reported a deficit of $112K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 150.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Recovery Benefits Corp 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 Recovery Benefits Corp 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 $112K, with expenses exceeding revenue.
- Debt-to-asset ratio: 150.2%.
Frequently Asked Questions about Recovery Benefits Corp
Is Recovery Benefits Corp a legitimate charity?
Recovery Benefits Corp (EIN: 871129876) is a registered tax-exempt nonprofit based in Ohio. Total revenue: $2.0M. No red flags identified. Financial health grade: D.
How does Recovery Benefits Corp spend its money?
Recovery Benefits Corp reported $2.0M in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Recovery Benefits Corp tax-deductible?
Recovery Benefits Corp is registered as a tax-exempt nonprofit (EIN: 871129876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Recovery Benefits Corp located?
Recovery Benefits Corp is headquartered in Austintown, Ohio and files with the IRS under EIN 871129876. It is classified under NTEE code P50.
Filing History
IRS 990 filing history for Recovery Benefits Corp showing financial trends over 1 year of public records:
In its most recent filing year (2023), Recovery Benefits Corp reported a deficit of $112K, with expenses exceeding revenue. The organization holds $201K in liabilities against $134K in assets (debt-to-asset ratio: 150.2%), resulting in net assets of $-67,263.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $134K | $201K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Recovery Benefits Corp:
Data Sources and Methodology
This transparency report for Recovery Benefits Corp 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.