Bangor Area Recovery Network Inc
- Assets
- $954.1k
- Revenue
- $709.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Brewer, ME
- Founding
- 04/2010
- Data as of
- 10/2023
- EIN
- 27-0363459
Organization Overview
Bangor Area Recovery Network Inc is located in Brewer, ME. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 10/2023, Bangor Area Recovery Network Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bangor Area Recovery Network Inc 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 10/2023, Bangor Area Recovery Network Inc generated $709.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $508.7k during the year ending 10/2023. While expenses have increased by 20.4% 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
TO PROVIDE A SUSTAINABLE AND RELIABLE COMMUNITY RECOVERY CENTER THAT SUPPORTS THE NEEDS OF PEOPLE AFFECTED BY ADDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A SAFE AND PEACEFUL RECOVERY FACILITY FOR RECOVERING ADDICTS TO CONGREGATE, SOCIALIZE, SUPPORT AND MAINTAIN THE HEALING PROCESS IN A HEALTHY ATMOSPHERE.
RECOVERY JUSTICE PROGAM TO PROVIDE COMMUNITY BASED RECOVERY SERVICES AND SUPPORT TO INCARCERATED INDIVIDUALS, THOSE RECENTLY RELEASE FROM INCARCERATION, AND FIRST-TIME OFFENDERS.
TO PROVIDE RECOVERY COACHING TO RECOVERING ADDICTS TO SUPPORT THEIR RECOVERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Fickett Executive Director | 40 | $73,632 | |
Laura Supica Secretary | Trustee | 0 | $0 |
Joanie Winkler Member | Trustee | 0 | $0 |
Amy Clark Member | Trustee | 10 | $0 |
Brenda Godin Treasurer | OfficerTrustee | 0 | $0 |
Haley Beem Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $241,059 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,676 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,735 |
| Total Program Service Revenue | $415,066 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $709,801 |
| 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. | $73,632 |
| Compensation of current officers, directors, key employees. | $12,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $240,783 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $304 |
| Fees for services: Accounting | $7,249 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,363 |
| Advertising and promotion | $253 |
| Office expenses | $5,044 |
| Information technology | $4,741 |
| Royalties | $0 |
| Occupancy | $36,222 |
| Travel | $1,934 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,544 |
| Insurance | $15,443 |
| All other expenses | $19,743 |
| Total functional expenses | $508,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $537,793 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,920 |
| Accounts receivable, net | $0 |
| 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 | $4,098 |
| Net Land, buildings, and equipment | $382,336 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $954,148 |
| Accounts payable and accrued expenses | $4,949 |
| Grants payable | $3,944 |
| 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 | $0 |
| Total liabilities | $8,893 |
| Net assets without donor restrictions | $788,230 |
| Net assets with donor restrictions | $157,025 |
| 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 | $954,148 |