Recovery Community Development Inc
EIN: 455453704 · Bridgeport, CT · NTEE: J20
| Metric | Value |
|---|---|
| Total Revenue | $630K |
| Total Expenses | $831K |
| Net Assets | $1.7M |
Is Recovery Community Development 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 Community Development Inc
Recovery Community Development Inc (EIN: 455453704) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code J20. The organization reported total revenue of $630K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recovery Community Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Recovery Community Development Inc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 43.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $831K |
| Surplus / Deficit | +$420K |
| Total Assets | $1.9M |
| Total Liabilities | $217K |
| Net Assets | $1.7M |
| Operating Margin | 33.6% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2023, Recovery Community Development Inc reported a surplus of $420K with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Recovery Community Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 43.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | +27.1% | +23.7% |
| 2022 | +140.8% | +20.0% | +104.5% |
| 2021 | +4.8% | +22.5% | -3.6% |
| 2020 | -28.7% | -16.3% | +70.9% |
| 2019 | +209.1% | +290.5% | +69.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Recovery Community Development 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 Community Development 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 $420K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Recovery Community Development Inc
Is Recovery Community Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Recovery Community Development Inc (EIN: 455453704) insufficient data. 0 red flags identified, 0 strengths noted.
How does Recovery Community Development Inc spend its money?
Detailed spending breakdown data is not yet available for Recovery Community Development Inc. Check back for updated IRS 990 analysis.
Are donations to Recovery Community Development Inc tax-deductible?
Recovery Community Development Inc is registered as a tax-exempt nonprofit (EIN: 455453704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Recovery Community Development Inc located?
Recovery Community Development Inc is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 455453704. It is classified under NTEE code J20.
How many years of IRS 990 filings does Recovery Community Development Inc have?
Recovery Community Development Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $630K in total revenue.
Filing History
IRS 990 filing history for Recovery Community Development Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Recovery Community Development Inc's revenue has grown by 5034.4%, moving from $24K to $1.3M. Total assets increased by 7666.3% over the same period, from $24K to $1.9M. Total functional expenses rose by 830660%, from $100 to $831K. In its most recent filing year (2023), Recovery Community Development Inc reported a surplus of $420K, with revenue exceeding expenses. The organization holds $217K in liabilities against $1.9M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $831K | $1.9M | $217K | — | — |
| 2022 | $1.4M | $653K | $1.5M | $253K | — | View 990 |
| 2021 | $567K | $544K | $745K | $259K | — | — |
| 2020 | $541K | $444K | $773K | $309K | — | — |
| 2019 | $759K | $531K | $452K | $85K | — | View 990 |
| 2018 | $245K | $136K | $267K | $127K | — | View 990 |
| 2015 | $26K | $31K | $84K | $6K | — | View 990 |
| 2014 | $76K | $32K | $84K | $0 | — | View 990 |
| 2013 | $20K | $6K | $38K | $0 | — | View 990 |
| 2012 | $24K | $100 | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $831K, and assets of $1.9M (revenue -8.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $653K, and assets of $1.5M (revenue +140.8% year-over-year).
- 2021: Revenue of $567K, expenses of $544K, and assets of $745K (revenue +4.8% year-over-year).
- 2020: Revenue of $541K, expenses of $444K, and assets of $773K (revenue -28.7% year-over-year).
- 2019: Revenue of $759K, expenses of $531K, and assets of $452K (revenue +209.1% year-over-year).
- 2018: Revenue of $245K, expenses of $136K, and assets of $267K (revenue +862.2% year-over-year).
- 2015: Revenue of $26K, expenses of $31K, and assets of $84K (revenue -66.4% year-over-year).
- 2014: Revenue of $76K, expenses of $32K, and assets of $84K (revenue +279.1% year-over-year).
- 2013: Revenue of $20K, expenses of $6K, and assets of $38K (revenue -17.8% year-over-year).
- 2012: Revenue of $24K, expenses of $100, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Recovery Community Development Inc:
Data Sources and Methodology
This transparency report for Recovery Community Development 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.