Recovery Solutions Of Northeast Ohio
EIN: 814054494 · Euclid, OH · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $860K |
| Net Assets | $-293,520 |
Is Recovery Solutions Of Northeast Ohio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Recovery Solutions Of Northeast Ohio
Recovery Solutions Of Northeast Ohio (EIN: 814054494) is a nonprofit organization based in Euclid, OH, classified under NTEE code L40. The organization reported total revenue of $1.1M and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recovery Solutions Of Northeast Ohio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Recovery Solutions Of Northeast Ohio is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $811K |
| Total Expenses | $860K |
| Surplus / Deficit | $-49,261 |
| Total Assets | $145 |
| Total Liabilities | $294K |
| Net Assets | $-293,520 |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 202527.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Recovery Solutions Of Northeast Ohio reported a deficit of $49K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 202527.6% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Recovery Solutions Of Northeast Ohio's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.1% | -33.2% | -64.1% |
| 2022 | -0.5% | -6.2% | -96.0% |
| 2021 | -29.0% | -15.7% | -42.5% |
| 2020 | +170.0% | +156.8% | +2856.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Recovery Solutions Of Northeast Ohio 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 Solutions Of Northeast Ohio 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 202527.6%.
Frequently Asked Questions about Recovery Solutions Of Northeast Ohio
Is Recovery Solutions Of Northeast Ohio a legitimate charity?
Based on AI analysis of IRS 990 filings, Recovery Solutions Of Northeast Ohio (EIN: 814054494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Recovery Solutions Of Northeast Ohio spend its money?
Detailed spending breakdown data is not yet available for Recovery Solutions Of Northeast Ohio. Check back for updated IRS 990 analysis.
Are donations to Recovery Solutions Of Northeast Ohio tax-deductible?
Recovery Solutions Of Northeast Ohio is registered as a tax-exempt nonprofit (EIN: 814054494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Recovery Solutions Of Northeast Ohio located?
Recovery Solutions Of Northeast Ohio is headquartered in Euclid, Ohio and files with the IRS under EIN 814054494. It is classified under NTEE code L40.
How many years of IRS 990 filings does Recovery Solutions Of Northeast Ohio have?
Recovery Solutions Of Northeast Ohio has 5 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Recovery Solutions Of Northeast Ohio showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Recovery Solutions Of Northeast Ohio's revenue has grown by 27.7%, moving from $635K to $811K. Total assets decreased by 75.4% over the same period, from $590 to $145. Total functional expenses rose by 35.6%, from $634K to $860K. In its most recent filing year (2023), Recovery Solutions Of Northeast Ohio reported a deficit of $49K, with expenses exceeding revenue. The organization holds $294K in liabilities against $145 in assets (debt-to-asset ratio: 202527.6%), resulting in net assets of $-293,520.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $811K | $860K | $145 | $294K | — | — |
| 2022 | $1.2M | $1.3M | $404 | $210K | — | View 990 |
| 2021 | $1.2M | $1.4M | $10K | $199K | — | View 990 |
| 2020 | $1.7M | $1.6M | $17K | $0 | — | — |
| 2019 | $635K | $634K | $590 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $811K, expenses of $860K, and assets of $145 (revenue -33.1% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $404 (revenue -0.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $10K (revenue -29.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $17K (revenue +170.0% year-over-year).
- 2019: Revenue of $635K, expenses of $634K, and assets of $590.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Recovery Solutions Of Northeast Ohio:
Data Sources and Methodology
This transparency report for Recovery Solutions Of Northeast Ohio 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.