Stroke Recovery Center
- Assets
- $2.5m
- Revenue
- $795.9k
- Investments
- $0.0
- Employees
- 15
- Location
- Palm Springs, CA
- Founding
- 09/1979
- Data as of
- 06/2023
- 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 06/2023, Stroke Recovery Center employed 15 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 06/2023, Stroke Recovery Center generated $795.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 4.4% per year over the past 8 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
2023
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 | $70,207 |
Beverly Greer Ceo/sec/treas | OfficerTrustee | 8 | $22,708 |
Jacky Donnell Director | Trustee | 1 | $0 |
Anthony Alastra Director | Trustee | 1 | $0 |
Edmund Ayoub Jr Director | Trustee | 1 | $0 |
Stephen Abouaf President | OfficerTrustee | 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 | $273,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,661 |
| Total Program Service Revenue | $481,582 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,594 |
| 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 | $795,856 |
| 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. | $92,915 |
| Compensation of current officers, directors, key employees. | $8,363 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $475,966 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,997 |
| Payroll taxes | $44,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,300 |
| Advertising and promotion | $5,182 |
| Office expenses | $0 |
| 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 | $14,726 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,786 |
| Insurance | $17,087 |
| All other expenses | $93,132 |
| Total functional expenses | $1,106,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,624 |
| Savings and temporary cash investments | $17,441 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,914 |
| 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 | $28,220 |
| Net Land, buildings, and equipment | $2,447,943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,539,142 |
| Accounts payable and accrued expenses | $26,271 |
| Grants payable | $0 |
| Deferred revenue | $192 |
| 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 | $1,842,779 |
| Total liabilities | $1,869,242 |
| Net assets without donor restrictions | $669,900 |
| 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 | $2,539,142 |