Nexus Recovery Center Incorporated
- Assets
- $9.7m
- Revenue
- $15.3m
- Investments
- $0.0
- Employees
- 273
- Location
- Dallas, TX
- Founding
- 03/1972
- Data as of
- 08/2023
- EIN
- 23-7169388
Organization Overview
Nexus Recovery Center Incorporated is located in Dallas, TX. The organization was established in 1972. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 08/2023, Nexus Recovery Center Incorporated employed 273 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nexus Recovery Center Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Nexus Recovery Center Incorporated generated $15.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $12.5m during the year ending 08/2023. While expenses have increased by 5.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEXUS RECOVERY CENTER SERVES AS A COMMUNITY OF HOPE AND RECOVERY FOR ALL WOMEN AND THEIR FAMILIES WHO STRIVE TO LIVE HEALTHY, RESILIENT LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEXUS RECOVERY CENTER IS A SUBSTANCE USE DISORDER (SUD) TREATMENT AND FAMILY HEALING CENTER THAT ADDRESSES HOMELESSNESS, FAMILY DISRUPTION, ECONOMIC DISTRESS, AND INCARCERATION. UNLIKE MOST PROVIDERS, NEXUS DELIVERS A FULLY LICENSED, JOINT COMMISSION ACCREDITED, FAMILY-CENTERED APPROACH TO SUBSTANCE USE DISORDER RECOVERY, REGARDLESS OF CLIENTS' ABILITY TO PAY.IN FISCAL YEAR 2023, NEXUS PROVIDED RESIDENTIAL SERVICES TO 1,720 CLIENTS, 210 OF THEIR ACCOMPANYING CHILDREN, AND 50 NEXUS-BORN BABIES. OF THE WOMEN WE SERVED, 87% WERE LOW-INCOME, 41% IDENTIFIED AS PERSONS OF COLOR, AND 26% WERE HOMELESS AT THE TIME OF ADMISSION.THE NUMBER OF CLIENTS MAY BE DUPLICATED: I.E., CLIENTS OFTEN HAVE A TREATMENT STEP-DOWN AND SOMETIMES HAVE THEIR TREATMENT STEPPED-UP SO THEY CAN BE COUNTED IN BOTH RESIDENTIAL AND OUTPATIENT PROGRAM TYPES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Oberthier Member At Large | OfficerTrustee | 2 | $0 |
Billy Murray Treasurer | OfficerTrustee | 2 | $0 |
Joseph Loretto Director | OfficerTrustee | 2 | $0 |
Kathryn Brand Director | OfficerTrustee | 2 | $0 |
Kristy Faus Vice President | OfficerTrustee | 2 | $0 |
Lauren Gillette Director | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sysco Usa Inc Food And Supplies | 8/30/23 | $158,058 |
Ben E Keith Foods Food And Supplies | 8/30/23 | $506,631 |
Glacis Technologies It Services Provider | 8/30/23 | $114,092 |
Tax Credit Collective Consulting-employee Retention Tax Credit | 8/30/23 | $276,583 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $150,949 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,809,301 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,876,271 |
| Noncash contributions included in lines 1a–1f | $177,682 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,836,521 |
| Total Program Service Revenue | $6,768,471 |
| Investment income | $27,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,816 |
| Net Income from Fundraising Events | $438,839 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,332,170 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,918,254 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,978,245 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,695,704 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $266,995 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,315 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $459,172 |
| Insurance | $0 |
| All other expenses | -$968,121 |
| Total functional expenses | $12,505,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,714 |
| Savings and temporary cash investments | $2,461,082 |
| Pledges and grants receivable | $986,825 |
| Accounts receivable, net | $1,094,439 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $130,061 |
| Net Land, buildings, and equipment | $4,090,455 |
| Investments—publicly traded securities | $28,110 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $137,892 |
| Other assets | $380,070 |
| Total assets | $9,677,648 |
| Accounts payable and accrued expenses | $837,103 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $144,991 |
| Total liabilities | $982,094 |
| Net assets without donor restrictions | $8,692,022 |
| Net assets with donor restrictions | $3,532 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,677,648 |