Recovery Cafe Lexington Inc
EIN: 823801728 · Lexington, KY · NTEE: F60
| Metric | Value |
|---|---|
| Total Revenue | $840K |
| Total Expenses | $468K |
| Net Assets | $101K |
Is Recovery Cafe Lexington Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Recovery Cafe Lexington Inc
Recovery Cafe Lexington Inc (EIN: 823801728) is a nonprofit organization based in Lexington, KY, classified under NTEE code F60. The organization reported total revenue of $840K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recovery Cafe Lexington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Recovery Cafe Lexington Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 74.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $468K |
| Surplus / Deficit | +$17K |
| Total Assets | $103K |
| Total Liabilities | $2K |
| Net Assets | $101K |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Recovery Cafe Lexington Inc reported a surplus of $17K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Recovery Cafe Lexington Inc's revenue has grown at a compound annual growth rate (CAGR) of 74.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | -6.2% | +20.2% |
| 2022 | +159.4% | +231.5% | -4.8% |
| 2021 | +111.8% | +75.7% | +217.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Recovery Cafe Lexington 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 Recovery Cafe Lexington 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 surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Recovery Cafe Lexington Inc
Is Recovery Cafe Lexington Inc a legitimate charity?
Recovery Cafe Lexington Inc (EIN: 823801728) is a registered tax-exempt nonprofit based in Kentucky. It has 4 years of IRS 990 filings on record. Total revenue: $840K. No red flags identified. Financial health grade: A.
How does Recovery Cafe Lexington Inc spend its money?
Recovery Cafe Lexington Inc reported $840K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Recovery Cafe Lexington Inc tax-deductible?
Recovery Cafe Lexington Inc is registered as a tax-exempt nonprofit (EIN: 823801728). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Recovery Cafe Lexington Inc located?
Recovery Cafe Lexington Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 823801728. It is classified under NTEE code F60.
How many years of IRS 990 filings does Recovery Cafe Lexington Inc have?
Recovery Cafe Lexington Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $840K in total revenue.
Filing History
IRS 990 filing history for Recovery Cafe Lexington Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Recovery Cafe Lexington Inc's revenue has grown by 434.1%, moving from $91K to $485K. Total assets increased by 263.8% over the same period, from $28K to $103K. Total functional expenses rose by 446.7%, from $86K to $468K. In its most recent filing year (2023), Recovery Cafe Lexington Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $2K in liabilities against $103K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $485K | $468K | $103K | $2K | — | View 990 |
| 2022 | $499K | $498K | $86K | $2K | — | View 990 |
| 2021 | $192K | $150K | $90K | $6K | — | View 990 |
| 2020 | $91K | $86K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485K, expenses of $468K, and assets of $103K (revenue -2.8% year-over-year).
- 2022: Revenue of $499K, expenses of $498K, and assets of $86K (revenue +159.4% year-over-year).
- 2021: Revenue of $192K, expenses of $150K, and assets of $90K (revenue +111.8% year-over-year).
- 2020: Revenue of $91K, expenses of $86K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Recovery Cafe Lexington Inc:
Data Sources and Methodology
This transparency report for Recovery Cafe Lexington 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.