Overview
What is Covenant Recovery Inc?
Covenant Recovery Inc, situated in Pine Bluff, Arkansas (specifically at 3201 W Pullen, ZIP code 71601), is a nonprofit organization dedicated to drug and alcohol treatment services. Regrettably, a substantial setback was experienced in 2022 as a result of establishing a new facility. Their primary mission is to provide both residential and inpatient care for individuals struggling with substance abuse issues, aiming to support their recovery journey. With a workforce of 31 individuals, Covenant Recovery Inc strives to offer comprehensive treatment and services to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Covenant Recovery Inc has achieved a commendable score of 82%, reflecting solid performance in the Accountability & Finance category. This score is based on a comprehensive evaluation of their financial practices, showing that they maintain a high standard of transparency and ethical governance. The organization boasts a fully independent board with eight members, enhancing its credibility and oversight capabilities.
The charity excels in financial management, evidenced by a program expense ratio of 95.92%, indicating that the vast majority of its resources are directed toward its programs rather than administrative costs. Furthermore, it has consistently achieved perfect scores in areas such as financial audits and the absence of material asset diversion, highlighting its commitment to responsible financial stewardship.
However, the rating is solely based on financial accountability, meaning that potential donors might want to consider additional factors such as program effectiveness and community impact when evaluating the organization. Overall, Covenant Recovery Inc demonstrates a strong foundation in financial integrity, making it a trustworthy choice for contributors focused on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Recovery Inc legitimate?
Covenant Recovery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Recovery Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $184,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,893
For more financial information, click here
What is the mission statement of Covenant Recovery Inc?
Covenant Recovery Inc's primary mission is centered around offering comprehensive drug and alcohol treatment services. This encompasses both residential and inpatient care. The organization's goal is to aid individuals struggling with substance abuse, providing them with the necessary support during their recovery journey. Regrettably, the organization experienced a substantial financial setback in 2022 due to the initiation of a new facility.
Who is the CEO of Covenant Recovery Inc?
Jeremy S Mckenzie is the Executive Director of Covenant Recovery Inc.
What is the revenue of Covenant Recovery Inc?
Covenant Recovery Inc's revenue in 2022 was $1,519,969.
Who are the executives of Covenant Recovery Inc and what are their salaries?
The average compensation at Covenant Recovery Inc during 2022 was $24,824. There are 31 employees and 3 volunteers at Covenant Recovery Inc.
Here are 4 key members and their salaries:
- Compensation: $54,000
- Related: $0
- Other: $0
- Compensation: $49,050
- Related: $0
- Other: $0
- Compensation: $41,600
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
Where can I find the form 990 for Covenant Recovery Inc?
Covenant Recovery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Covenant Recovery Inc
Covenant Recovery Inc, a nonprofit organization, is dedicated to providing comprehensive drug and alcohol treatment services. Their mission is to offer both residential and inpatient care to individuals struggling with substance abuse issues. Their primary objective is to help individuals overcome their addiction and regain control of their lives. This is achieved through a range of treatment services designed to address the unique needs of each individual.
Covenant Recovery Inc is committed to providing a supportive and healing environment where individuals can focus on their recovery. Their residential facilities offer a structured program that includes therapy, counseling, education, and support groups. The inpatient services provide intensive care and supervision, ensuring a safe and secure environment for those in the early stages of their recovery. The organization's approach is holistic, addressing not only the physical aspects of addiction but also the emotional, psychological, and social factors that contribute to substance abuse.
In 2022, Covenant Recovery Inc incurred a significant loss due to the startup of a new facility. This expansion reflects their commitment to expanding their services and reaching more individuals in need of drug and alcohol treatment. Despite the challenge, the organization remains committed to its mission of providing residential and inpatient drug and alcohol treatment and services, aiming to help individuals overcome addiction and regain control of their lives.
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Impact
October, 2024
Covenant Recovery Inc significantly impacts the community in Pine Bluff, AR, by providing essential drug and alcohol treatment services. Their mission focuses on offering residential and inpatient care, addressing the pervasive issues of addiction and substance abuse in the region.
In 2022, the organization faced a significant loss attributed to the startup of a new facility, which reveals both the challenges and the commitment to expanding their services. By enhancing access to comprehensive treatment options, Covenant Recovery Inc plays a crucial role in supporting individuals on their journey to recovery, fostering healthier lives, and contributing to the overall well-being of the community. Their dedication to providing housing as part of their treatment services underscores their holistic approach to recovery, addressing the interconnected challenges of addiction and stability.
This information is meant to be a general summary of Covenant Recovery Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,519,969
- Gross Receipts: $1,519,969
Assets and Liabilities:
- Total Assets: $932,915
- Total Liabilities: $218,423
- Net Assets: $714,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Housing and Treatment Dues
Revenue
$1,519,969
Organization Details
Founding Year
2011
Phone
(501) 519-0162Principal Officer
Jeremy S Mckenzie
Main Address
3201 W Pullen, Pine Bluff, AR, 71601
NTEE Category
Code: L40 - Housing
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