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Pyramid Recovery Center

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

EIN: 621516299 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Pyramid Recovery Center?

The Pyramid Recovery Center, situated in Memphis, Tennessee, is a small but dedicated nonprofit organization. Its primary mission is to offer direct assistance to adults struggling with various addictive diseases, such as drug and alcohol abuse. They strive to provide comprehensive community-based services that promote and support the development of healthy lifestyles among those in recovery. To achieve this, they offer a range of support services and encourage prevention of alcohol/drug abuse and other addictive diseases. In addition, they engage in community education and outreach to promote healthy, drug-free lifestyles. Overall, their goal is to support individuals recovering from the effects of drugs, alcohol, and other addictive diseases and help them lead healthier lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% (Two-Star out of Four Star Rating)

Pyramid Recovery Center has received a Two-Star rating from Charity Navigator, indicating that while it demonstrates strong accountability and financial transparency, there are notable concerns regarding its financial health. The organization excels in governance, with a fully independent board and effective conflict of interest policies. Additionally, its program expense ratio suggests that a significant portion of its funds is directed towards its mission.

However, the organization's liabilities to assets ratio raises red flags, indicating a concerning level of debt compared to its assets. This financial strain may impact its sustainability and ability to deliver services effectively in the long run. Despite its strengths in governance and program expenditure, the financial challenges highlighted may limit the nonprofit's operational flexibility and overall effectiveness.


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

Is Pyramid Recovery Center legitimate?

Pyramid Recovery Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pyramid Recovery Center 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: $23,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pyramid Recovery Center?

The Pyramid Recovery Center is dedicated to delivering comprehensive community-based services that foster healthy lifestyles for individuals recovering from substance abuse, alcoholism, and other addictive diseases. Their mission is centered around providing support services that aid in the recovery process, with a focus on promoting the prevention of these conditions and community education on maintaining drug-free lifestyles. The center also engages in outreach efforts to encourage healthier drug-free living within the community. Direct assistance to adults recovering from various addictive diseases is a significant part of their work.

Who is the CEO of Pyramid Recovery Center?

Coleman Thompson is the Executive Director of Pyramid Recovery Center.

What is the revenue of Pyramid Recovery Center?

Pyramid Recovery Center's revenue in 2023 was $80,468.

Who are the executives of Pyramid Recovery Center and what are their salaries?

The average compensation at Pyramid Recovery Center during 2023 was $23,384. There is 1 employee at Pyramid Recovery Center.


Here are 3 key members and their salaries:


Coleman Thompson (Executive Director)
  • Compensation: $23,384
  • Related: $0
  • Other: $0
Valeria Boyd (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Treven Markee Tate (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pyramid Recovery Center?

Pyramid Recovery Center's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pyramid Recovery Center

Pyramid Recovery Center, a community-based service provider, is dedicated to fostering healthy lifestyles for individuals recovering from the effects of drugs, alcohol, and other addictive diseases. Their mission is centered around providing support services that aim to promote the development of these individuals, helping them to overcome their struggles and lead more fulfilling lives.

The center offers direct assistance to numerous adults on their journey of recovery. By doing so, they work towards the prevention of alcohol and drug abuse, as well as other addictive diseases. In addition, Pyramid Recovery Center places a strong emphasis on community education and outreach, encouraging healthy, drug-free lifestyles. Their ultimate goal is to create a society where such diseases are less prevalent, and those who have been affected can find the help they need to recover and thrive.

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Impact




June, 2024

Pyramid Recovery Center in Memphis, TN, is making a significant impact in the community by providing comprehensive support services for adults recovering from addiction. Through their programs, they promote the development of healthy lifestyles and facilitate the recovery process for individuals dealing with alcohol, drugs, and other addictive diseases. By offering direct assistance and community education, Pyramid Recovery Center is actively working towards preventing substance abuse and dependence. Their dedication to promoting healthy, drug-free lifestyles is invaluable in supporting those in need and fostering a more resilient and thriving community.




This information is meant to be a general summary of Pyramid Recovery Center. 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
$80,468 (2023)
Expenses
$65,471 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $63,468
  • Gross Receipts: $80,468

Assets and Liabilities:

  • Total Assets: $40,890
  • Total Liabilities: $59,012
  • Net Assets: -$18,122

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Organization Details

Founding Year

1992

Principal Officer

Coleman Thompson

Main Address

4466 Elvis Presley Blvd Suite 218, Memphis, TN, 381167100

NTEE Category

Code: F20 - Mental health

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