Racing For Recovery
- Assets
- $2.5m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 27
- Location
- Holland, OH
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 34-1965137
Organization Overview
Racing For Recovery is located in Holland, OH. The organization was established in 2002. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Racing For Recovery employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racing For Recovery 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 12/2021, Racing For Recovery generated $4.7m in total revenue. All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 68.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREVENT ALL FORMS OF SUBSTANCE ABUSE BY PROMOTING A LIFESTYLE OF FITNESS AND HEALTH FOR ALL THOSE AFFECTED BY ADDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREVENT ALL FORMS OF SUBSTANCE ABUSE BY PROMOTING A LIFESTYLE OF FITNESS AND HEALTH FOR ALL THOSE AFFECTED BY ADDICTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Crandell Founder & President | OfficerTrustee | 40 | $211,961 |
Skylar Crandell Advisory Board | Trustee | 1 | $0 |
Helene Daum Advisory Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,749 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,467 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,216 |
| Total Program Service Revenue | $4,494,726 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,500 |
| 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 | $4,695,442 |
| 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. | $231,522 |
| Compensation of current officers, directors, key employees. | $231,522 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $716,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,996 |
| Payroll taxes | $92,835 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,595 |
| Fees for services: Accounting | $55,728 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,884 |
| Advertising and promotion | $137,969 |
| Office expenses | $199,490 |
| Information technology | $22,840 |
| Royalties | $0 |
| Occupancy | $166,858 |
| Travel | $71,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,475 |
| Insurance | $18,331 |
| All other expenses | $5,804 |
| Total functional expenses | $3,347,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $964,780 |
| 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 | $1,525,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,588 |
| Total assets | $2,505,558 |
| Accounts payable and accrued expenses | $63,311 |
| 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 | $39,396 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $102,707 |
| Net assets without donor restrictions | $0 |
| 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 | $2,402,851 |
| Total liabilities and net assets/fund balances | $2,505,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Racing For Recovery has recieved totaling $44.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Compdrug Columbus, OH | $8,432,456 | $13,593,019 |
Odyssey Inc Louisa, KY | $6,098,958 | $6,385,151 |
The Council Of Southeast Pennsylvania Inc Doylestown, PA | $2,527,515 | $7,759,901 |
Youth First Inc Evansville, IN | $4,476,004 | $6,666,092 |
West Branch Drug & Alcohol Abuse Commission Inc Williamsport, PA | $1,045,339 | $4,269,248 |
Prevention Action Alliance Columbus, OH | $2,276,236 | $3,915,785 |
Community Action Against Addiction Cleveland, OH | $10,528,020 | $3,855,477 |
Racing For Recovery Holland, OH | $2,505,558 | $4,695,442 |
Prevention Research Institute Inc Lexington, KY | $2,944,980 | $2,872,614 |
Urban Ounce Of Prevention Behavioral Health Services Inc Akron, OH | $1,137,140 | $2,259,455 |
Families Against Narcotics Inc Clinton Township, MI | $990,206 | $1,975,507 |
Urban Minority Alcoholism & Drug Abuse Outreach Program Of Cincinna Cincinnati, OH | $1,603,725 | $2,215,935 |