Rec2connect Foundation
- Assets
- $407.6k
- Revenue
- $715.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Cleveland, OH
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-1812391
Organization Overview
Rec2connect Foundation is located in Cleveland, OH. The organization was established in 2015. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Rec2connect Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rec2connect Foundation 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 12/2023, Rec2connect Foundation generated $715.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 74.2% each year . All expenses for the organization totaled $665.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO UTILIZE FULLY INCLUSIVE RECREATION THERAPY PROGRAMS TO CONNECT PEOPLE WITH AND WITHOUT DISABILITIES TO COMMUNITY RECREATION, WELLNESS, AND LIFELONG LEISURE SKILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUATICS - AQUATIC THERAPY, ADAPTED AQUATICS AND SWIM TEAM PROGRAMS
LAND PROGRAMS - FITNESS AND OUTDOOR PROGRAMS
ORANGE CITY SCHOOLS- RECREATION THERAPY PROGRAMS IN SCHOOL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chairman Of The Board | 2 | $0 | |
Name Not Listed Vice Chair Of The Board | 2 | $0 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed Board Member | 1 | $0 | |
Name Not Listed Board Member | 1 | $0 | |
Name Not Listed Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,995 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,037 |
| Total Program Service Revenue | $472,389 |
| Investment income | $4,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$223 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $715,605 |
| 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. | $62,938 |
| Compensation of current officers, directors, key employees. | $20,979 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $309,069 |
| Pension plan accruals and contributions | $20,063 |
| Other employee benefits | $36,051 |
| Payroll taxes | $6,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,721 |
| Fees for services: Accounting | $6,181 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,131 |
| Advertising and promotion | $1,064 |
| Office expenses | $44,654 |
| Information technology | $1,115 |
| Royalties | $0 |
| Occupancy | $23,507 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,366 |
| All other expenses | $31,759 |
| Total functional expenses | $665,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,036 |
| Savings and temporary cash investments | $124,936 |
| 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 | $0 |
| Investments—publicly traded securities | $81,963 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,617 |
| Total assets | $407,552 |
| Accounts payable and accrued expenses | $402 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $402 |
| 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 | $407,150 |
| Total liabilities and net assets/fund balances | $407,552 |