Overview
What is Foundation Of Recovery Inc?
Foundation of Recovery Inc is a nonprofit organization based in Cincinnati, Ohio, dedicated to addressing the opioid dependency epidemic and various addictive processes. Their mission is multi-faceted, encompassing educational, medical, rehabilitative, and supportive services for individuals struggling with addiction. They aim to provide treatment, aid, and resources to both individuals and entities engaged in such endeavors. Their efforts are geared towards combating the effects of addiction by offering educational and service-work programs, training, and supplying medical professionals for treatment and care. They also provide a range of economic, social, and educational opportunities and aid to patients and entities serving them. Furthermore, the Foundation of Recovery informs the public about addiction issues and provides support for entities pursuing complementary goals.
Official website here: www.foundationofrecovery.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Foundation Of Recovery Inc has received a high score of 97%, indicating a strong performance in accountability and finance. This score is notable as it is based entirely on the organization’s financial management practices, which are crucial for donor trust and sustainability. The charity has a well-structured governance system, with a 100% independent board, showcasing its commitment to transparency and ethical oversight.
The organization excels in maintaining a solid financial health, as evidenced by its low liabilities to assets ratio of 0.28%, which suggests that it has manageable debt levels. Additionally, the charity demonstrates an impressive program expense ratio of 99.06%, indicating that nearly all its resources are directed towards its mission and programs rather than administrative costs. This efficiency likely enhances its impact in the community it serves.
Despite these strengths, the data does not highlight specific programmatic outcomes or user feedback, which could provide deeper insights into the effectiveness of its initiatives. Overall, Foundation Of Recovery Inc appears to be a well-managed nonprofit organization, successfully prioritizing accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of Recovery Inc legitimate?
Foundation Of Recovery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of 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:
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Official website here: www.foundationofrecovery.org
What is the mission statement of Foundation Of Recovery Inc?
The Foundation of Recovery Inc, established with a mission to combat the epidemic of heroin and opiate drug abuse, as well as other addictive processes and substances, endeavors to provide educational, medical, rehabilitational, and other forms of treatment, aid, and resources to individuals suffering from such addictions. This organization aims to combat the harmful effects of addiction by offering aid and opportunities to both those providing treatment and those receiving it. Additionally, the Foundation of Recovery provides educational and service-work programs and opportunities to patients in treatment clinics, trains and supplies medical professionals for their treatment and care, and offers various educational, social, and economic opportunities and aid to patients and entities serving them. Furthermore, the Foundation informs the public about the issues and effects of addiction and provides support for entities pursuing complementary goals.
Official website here: www.foundationofrecovery.org
Who is the CEO of Foundation Of Recovery Inc?
Raymond Compagna is the Director of Foundation Of Recovery Inc.
Official website here: www.foundationofrecovery.org
What is the revenue of Foundation Of Recovery Inc?
Foundation Of Recovery Inc's revenue in 2022 was $176,572.
Official website here: www.foundationofrecovery.org
Who are the executives of Foundation Of Recovery Inc and what are their salaries?
There 15 volunteers at Foundation Of Recovery Inc.
Here are 8 key members and their salaries:
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Official website here: www.foundationofrecovery.org
Where can I find the form 990 for Foundation Of Recovery Inc?
Foundation Of Recovery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationofrecovery.org
Learn more at the official website: www.foundationofrecovery.org
Mission Statement of Foundation Of Recovery Inc
The Foundation of Recovery Inc, a nonprofit organization, is dedicated to combating the widespread issue of heroin and opiate drug abuse, as well as other addictive processes and substances. Their mission is to provide educational, medical, rehabilitation, and various forms of treatment, aid, and resources to individuals struggling with addiction and entities engaged in offering treatment, rehabilitation, and aid to such individuals.
In essence, the Foundation of Recovery aims to counter the effects of addiction by offering aid and opportunities to both the providers and receivers of treatment. This is achieved through educational and service-work programs and opportunities provided to patients in treatment clinics, along with training and supplying medical professionals for their treatment and care. Furthermore, the organization offers various educational, social, and economic opportunities and aid to patients and entities serving them.
In addition to direct service, the Foundation of Recovery also works to inform the public about the issues and effects of addiction. They provide support for entities pursuing complementary goals, such as raising awareness and advocating for policies that address addiction and its impact on communities. By doing so, the Foundation of Recovery contributes significantly to the fight against addiction and the support of those on the path to recovery.
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Impact
June, 2024
Foundation Of Recovery Inc's impact is significant in combatting the epidemic of heroin and opiate drug abuse. By providing educational, medical, rehabilitational, and other forms of treatment, aid, and resources to individuals suffering from addiction, they are actively helping individuals overcome their struggles. Moreover, their provision of medically assisted treatment for opioid dependency and social support to indigent and uninsured patients demonstrates a commitment to ensuring that everyone has access to the care they need for recovery. This targeted approach not only benefits the individuals directly but also contributes to the broader community by reducing the negative effects of addiction. Through their efforts, Foundation Of Recovery Inc is making a tangible difference in addressing mental health and addiction issues in Cincinnati, Ohio.
This information is meant to be a general summary of Foundation Of 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.
- Investment Income: $6,387
- Program Service Revenue: $44,390
- Gross Receipts: $185,185
Assets and Liabilities:
- Total Assets: $180,844
- Total Liabilities: $540
- Net Assets: $180,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDING MACHINES FOR PATIENTS
Revenue
$44,390
Organization Details
Founding Year
2015
Principal Officer
Raymond Compagna
Main Address
446 MORGAN STREET, CINCINNATI, OH, 45206
Website
www.foundationofrecovery.orgNTEE Category
Code: F20 - Mental health
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