Stroke Recovery Center
- Assets
- $3.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Palm Springs, CA
- Founding
- 09/1979
- Data as of
- 06/2022
- EIN
- 95-3402464
Organization Overview
Stroke Recovery Center is located in Palm Springs, CA. The organization was established in 1979. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Stroke Recovery Center employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stroke Recovery Center 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 06/2022, Stroke Recovery Center generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 3.9% 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
TO IMPROVE THE QUALITY OF LIFE OF INDIVIDUALS AND THEIR FAMILIES LIVING WITH STROKE AND RELATED NEUROLOGICAL CONDITIONS THROUGH COMMUNITY-CENTERED CARE, SUPPORT, EDUCATION, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE THE QUALITY OF LIFE OF INDIVIDUALS AND THEIR FAMILIES LIVING WITH STROKE AND RELATED NEUROLOGICAL CONDITIONS THROUGH COMMUNITY-CENTERED CARE, SUPPORT, EDUCATION, AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Jensen Executive Dir. | OfficerTrustee | 40 | $45,060 |
Beverly Greer Ceo/sec/treas | OfficerTrustee | 40 | $33,682 |
Robert Fey President | OfficerTrustee | 1 | $0 |
Jacky Donnell Director | Trustee | 1 | $0 |
Stephen Abouaf Director | Trustee | 1 | $0 |
Michael Fishman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $456,339 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,001 |
| Total Program Service Revenue | $510,053 |
| Investment income | $14 |
| 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 | $1,080,068 |
| 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. | $78,742 |
| Compensation of current officers, directors, key employees. | $7,087 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,105 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,003 |
| Payroll taxes | $42,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,779 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,957 |
| Advertising and promotion | $2,728 |
| Office expenses | $880 |
| Information technology | $0 |
| 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 | $5,933 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,530 |
| Insurance | $25,740 |
| All other expenses | $108,654 |
| Total functional expenses | $1,026,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $384,611 |
| Pledges and grants receivable | $33,334 |
| Accounts receivable, net | $25,442 |
| 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 | $20,443 |
| Net Land, buildings, and equipment | $2,555,730 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,020,560 |
| Accounts payable and accrued expenses | $26,576 |
| 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 | $2,013,563 |
| Total liabilities | $2,040,139 |
| Net assets without donor restrictions | $980,421 |
| 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 | $3,020,560 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stroke Recovery Center has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: Agency Distribution | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Immaculate Heart Community Los Angeles, CA | $35,264,849 | $2,919,669 |
Hearthstone Housing Foundation Newport Beach, CA | $17,283,954 | $2,067,096 |
Arizona Heart Foundation Inc Phoenix, AZ | $1,160,440 | $1,577,723 |
Sacred Heart Retreat House Inc Alhambra, CA | $1,718,839 | $1,290,961 |
Stroke Recovery Center Palm Springs, CA | $3,020,560 | $1,080,068 |
Guardaheart Irvine, CA | $33,019 | $621,008 |
Eastern Vascular Society Inc Lake Oswego, OR | $952,514 | $661,234 |
National Cardiavascular Research Foundation Los Angeles, CA | $5,907,958 | $1,118,964 |
Breast Cancer Solutions Lake Forest, CA | $104,601 | $312,353 |
Childrens Heart Foundation Las Vegas, NV | $715,179 | $452,734 |
Western Cardiac Foundation Sherman Oaks, CA | $4,721,484 | $325,511 |
Stroke Awareness Foundation Campbell, CA | $355,273 | $246,722 |