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Truth Recovery Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464665145 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Truth Recovery Foundation?

Truth Recovery Foundation, located in San Jose, California, is a nonprofit organization dedicated to addressing issues related to alcohol and drug dependency. Its primary mission is to offer treatment to individuals struggling with substance abuse. The organization focuses on providing comprehensive care to help patients overcome their addiction and improve their overall well-being. Although the specifics of their programs and services are not detailed in the information provided, it is clear that Truth Recovery Foundation is committed to making a difference in the lives of those affected by drug and alcohol dependency.


Official website here: www.genesis-project.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (52%)

Truth Recovery Foundation has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, it fails to provide essential financial documentation and policies that help ensure transparency and responsible governance. The lack of a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes raises red flags about the organization's operational integrity.

Despite these concerns, the foundation has a commendable program expense ratio of 93.70%, suggesting that a substantial portion of its resources is directed toward its intended programs. However, the high liabilities to assets ratio of 100.99% indicates potential financial instability, which could impact the foundation's long-term sustainability and effectiveness in fulfilling its mission.

Overall, while Truth Recovery Foundation demonstrates some strengths in its independent board structure and program spending, the absence of critical governance documents and policies presents serious challenges. Prospective donors and supporters should be cautious and consider these factors when evaluating the foundation's overall impact and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Truth Recovery Foundation legitimate?

Truth Recovery Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truth Recovery Foundation 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: $90,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,431

For more financial information, click here


Official website here: www.genesis-project.org

What is the mission statement of Truth Recovery Foundation?

The Truth Recovery Foundation is a non-profit organization dedicated to providing drug and alcohol treatment. Their mission is centered around offering continuous care to individuals battling substance abuse issues, aiming to help them recover and lead healthier lives. While specific details about their activities may vary, their primary focus remains on drug and alcohol treatment.


Official website here: www.genesis-project.org

Who is the CEO of Truth Recovery Foundation?

Trevar Shyshka is the President of Truth Recovery Foundation.


Official website here: www.genesis-project.org

What is the revenue of Truth Recovery Foundation?

Truth Recovery Foundation's revenue in 2020 was $752,151.


Official website here: www.genesis-project.org

Who are the executives of Truth Recovery Foundation and what are their salaries?

The average compensation at Truth Recovery Foundation during 2020 was $56,394. There are 3 employees at Truth Recovery Foundation.


Here are 3 key members and their salaries:


Trevar Shyshka (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rios (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.genesis-project.org

Where can I find the form 990 for Truth Recovery Foundation?

Truth Recovery Foundation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.genesis-project.org

Learn more at the official website: www.genesis-project.org

Mission Statement of Truth Recovery Foundation

The Truth Recovery Foundation, a non-profit organization, is dedicated to the treatment of drug and alcohol dependency. With a focus on rehabilitation, this organization aims to provide support for individuals struggling with substance abuse, offering them a chance at recovery. By continuing their mission of drug and alcohol treatment, the Truth Recovery Foundation seeks to make a significant impact in the lives of those affected by addiction.

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Impact




June, 2024

Truth Recovery Foundation has had a significant impact on individuals struggling with drug and alcohol addiction in San Jose, CA. Through its dedicated efforts in providing treatment and prevention services, the organization has helped numerous patients in their journey towards recovery and improved mental health. The foundation's commitment to addressing substance dependency has positively influenced the lives of many individuals and families in the community, offering support and guidance to those in need.




This information is meant to be a general summary of Truth Recovery Foundation. 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.

Revenue
$752,151 (2020)
Expenses
$820,008 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $377,961
  • Gross Receipts: $752,151

Assets and Liabilities:

  • Total Assets: $218,792
  • Total Liabilities: $220,976
  • Net Assets: -$2,184

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DRUG AND ALCOHOL TREATMEN

Revenue

$377,961

Organization Details

Principal Officer

Trevar Shyshka

Main Address

810 PALM STREET, SAN JOSE, CA, 95110

NTEE Category

Code: F20 - Mental health

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