Recovery Research Network Foundation Inc
- Assets
- $303.9k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlantis, FL
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-2651647
Organization Overview
Recovery Research Network Foundation Inc is located in Atlantis, FL. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recovery Research Network Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND SUPPORT SERVICES TO THOSE SEEKING HELP WITH SUBSTANCE ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL AND SUPPORT SERVICES TO THOSE SEEKING HELP WITH SUBSTANCE ABUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gustin Director | Trustee | 1 | $12,000 |
Stuart V Gitlow Director | Trustee | 1 | $0 |
Brian Shonesy Director | Trustee | 1 | $0 |
Deborah E Petrell Director | Trustee | 1 | $0 |
Mitchell C Fogel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,491,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,491,085 |
| Total Program Service Revenue | $0 |
| Investment income | $4,200 |
| 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 | $1,495,637 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,126,399 |
| Advertising and promotion | $0 |
| Office expenses | $2,085 |
| Information technology | $4,797 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,903 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,377 |
| All other expenses | $88 |
| Total functional expenses | $1,515,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,942 |
| Loans from Officers, Directors, or Controlling Persons | $160,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,200 |
| Total assets | $303,889 |
| Accounts payable and accrued expenses | $37,774 |
| 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 | $828 |
| Secured mortgages and notes payable | $163,670 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $202,272 |
| Net assets without donor restrictions | $101,617 |
| 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 | $303,889 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Recovery Research Network Foundation Inc has recieved totaling $1,321,821.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: TO PROVIDE SERVICES RELATED TO THEIR CHARITABLE PURPOSE. | | $1,321,821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tim Tebow Foundation Inc Jacksonville, FL | $44,406,420 | $40,166,030 |
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Elaine Nicpon Marieb Charitable Foundation Naples, FL | $63,080,385 | $8,696,635 |
The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Alabama Symphony Endowment Birmingham, AL | $18,611,694 | $1,402,512 |
Boxton Cares Inc Crawfordville, FL | $317,182 | $816,667 |