Spring 2 Life Addiction Recovery Ministry
- Assets
- $1.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 48
- Location
- Woodbury, TN
- Founding
- 03/2013
- Data as of
- 12/2022
- EIN
- 27-2318750
Organization Overview
Spring 2 Life Addiction Recovery Ministry is located in Woodbury, TN. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Spring 2 Life Addiction Recovery Ministry employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring 2 Life Addiction Recovery Ministry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Spring 2 Life Addiction Recovery Ministry generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 38.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRIST-BASED, IN-HOUSE ADDICTION RECOVERY PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOVERY PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Comer CEO | OfficerTrustee | 40 | $107,427 |
Ronald Anderson CFO | OfficerTrustee | 40 | $85,207 |
Joseph Stanley COO | 40 | $22,870 | |
Rusty Perkins Director | Trustee | 1 | $0 |
Rachel Timbs Director | Trustee | 1 | $0 |
Katie Comer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,990 |
| Total Program Service Revenue | $2,567,684 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,668,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $260,816 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,201,693 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $182,728 |
| Payroll taxes | $87,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,826 |
| Advertising and promotion | $302,682 |
| Office expenses | $28,559 |
| Information technology | $26,445 |
| Royalties | $0 |
| Occupancy | $74,765 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,268 |
| Interest | $19,375 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,820 |
| Insurance | $27,202 |
| All other expenses | $0 |
| Total functional expenses | $2,594,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,943 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,325,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,200 |
| Other assets | $0 |
| Total assets | $1,569,923 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $380,281 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,145 |
| Total liabilities | $391,426 |
| Net assets without donor restrictions | $1,178,497 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,569,923 |