Meridians Recovery is located in Connelly Springs, NC. The organization was established in 2010. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridians Recovery 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 12/2022, Meridians Recovery generated $42.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED INDIVIDUALS WITH SUBSTANCE ABUSE RECOVERYSERVICES AND SAFE, SOBER LIVING THAT IS STRUCTURED, SUPERVISED AND NURTURING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Gross CEO And Director | 25 | $7,000 | |
Lori St Angelo CFO And Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $160 |
Total Program Service Revenue | $42,440 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $42,600 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $33,310 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $40,310 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,290 |
Other assets | $0 |
Total assets | $2,290 |
Total liabilities | $0 |
Net assets or fund balances | $2,290 |