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The Recovery Research Network Foundation Inc

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

EIN: 812651647 ✦ Atlantis, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Recovery Research Network Foundation Inc?

The Recovery Research Network Foundation Inc, situated in Atlantis, Florida, is a dedicated nonprofit organization. Their primary mission is to offer educational and supportive services to individuals battling substance abuse. This includes providing resources and guidance to help those in need overcome their struggles with substance misuse. The Foundation's activities are centered around education and support, aiming to empower individuals on their journey towards recovery.


Official website here: www.trrn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

The Recovery Research Network Foundation Inc has achieved a Three-Star rating, reflecting a solid score of 77%. This rating indicates a commendable level of accountability and financial health, with high marks in areas such as independent board governance and the absence of material asset diversion. The organization displays strong financial oversight, evidenced by a full score on its Audit and Oversight Committee.

Despite its strengths, there are notable areas for improvement. The charity lacks a conflict of interest policy, which is critical for maintaining trust and transparency. Additionally, the nonprofit has not made its tax forms easily accessible on its website, which could hinder potential donors' ability to assess its financial practices fully.

Financially, the Recovery Research Network Foundation maintains a healthy program expense ratio of 82.37%, indicating that a significant portion of its resources is directed towards its mission. However, the liabilities to assets ratio of 85.52% raises some concerns about its overall financial sustainability. Addressing these limitations could enhance the organization's effectiveness and reputation within the nonprofit sector.


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

What do the Facebook reviews say about The Recovery Research Network Foundation Inc?

Three reviewers on Facebook have shared their experiences with The Recovery Research Network Foundation Inc. While the organization has not yet received an overall rating, one user praises it for providing the best assistance they've encountered in their lengthy recovery journey. They highlight the respectful treatment received from staff members, which made them feel dignified rather than stigmatized.

This endorsement reflects a strong sense of gratitude and appreciation for the organization. The focus on respect and individual dignity in the recovery process suggests that the nonprofit is meeting its mission effectively. Overall, the sentiment is very positive, underscoring the foundation's impactful role in helping individuals improve their lives.


This AI summary has been generated from reviews found on Facebook.

Is The Recovery Research Network Foundation Inc legitimate?

The Recovery Research Network Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Recovery Research Network Foundation 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: $23,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,358

For more financial information, click here


Official website here: www.trrn.org

What is the mission statement of The Recovery Research Network Foundation Inc?

The Recovery Research Network Foundation Inc's mission is centered around providing educational and support services for individuals grappling with substance abuse. This organization aims to offer resources and assistance to those in need, working tirelessly to aid in their recovery process. By offering educational programs and ongoing support, the foundation seeks to empower individuals, helping them navigate their journey towards overcoming substance abuse. Their mission is to be a beacon of hope and guidance, providing the necessary tools and resources for individuals to regain control of their lives.


Official website here: www.trrn.org

Who is the CEO of The Recovery Research Network Foundation Inc?

Richard Gustin is the Board Member of The Recovery Research Network Foundation Inc.


Official website here: www.trrn.org

What is the revenue of The Recovery Research Network Foundation Inc?

The Recovery Research Network Foundation Inc's revenue in 2022 was $976,548.


Official website here: www.trrn.org

Who are the executives of The Recovery Research Network Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Katherine Culhane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Kranz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Shonesy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lia Bigelow (Execuve Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gustin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.trrn.org

Where can I find the form 990 for The Recovery Research Network Foundation Inc?

The Recovery Research Network Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trrn.org

Learn more at the official website: www.trrn.org

Mission Statement of The Recovery Research Network Foundation Inc

The Recovery Research Network Foundation Inc is committed to providing educational and supportive services to individuals struggling with substance abuse. Their mission is to offer assistance and guidance to those in need, aiming to aid them on their journey towards recovery. The Foundation's activities are centered around providing educational resources and support services, aiming to empower individuals to overcome their substance abuse challenges. By offering these services, The Recovery Research Network Foundation Inc seeks to contribute positively to the well-being and recovery of those dealing with substance abuse issues.

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Impact




July, 2024

The Recovery Research Network Foundation Inc has a significant impact on the community by providing educational and support services to individuals seeking help with substance abuse. Through its mission to offer assistance and resources to those in need, the foundation plays a crucial role in helping individuals overcome addiction and reclaim their lives. The foundation's dedication to philanthropy in the field of substance abuse demonstrates a commitment to making a positive difference in the lives of those struggling with addiction.




This information is meant to be a general summary of The Recovery Research Network Foundation 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.

Revenue
$976,548 (2022)
2016201720182019202020212022$0$400k$800k$1.2M$1.6M
Expenses
$780,682 (2022)
2016201720182019202020212022$0$400k$800k$1.2M$1.6M
Efficiency
20162017201820192020202120220%4%8%12%17%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,513
  • Gross Receipts: $976,548

Assets and Liabilities:

  • Total Assets: $472,963
  • Total Liabilities: $175,481
  • Net Assets: $297,482

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Organization Details

Founding Year

2016

Principal Officer

Richard Gustin

Main Address

110 JOHN F KENNEDY DRIVE SUITE 11, ATLANTIS, FL, 33462

NTEE Category

Code: T50 - Philanthropy

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