Sobriety Foundation
- Assets
- $206.5k
- Revenue
- $525.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 45-2541256
Organization Overview
Sobriety Foundation is located in Salt Lake City, UT. The organization was established in 2012. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sobriety Foundation 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 12/2023, Sobriety Foundation generated $525.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $538.5k during the year ending 12/2023. While expenses have increased by 19.9% 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
SOBRIETY FOUNDATION PROVIDES FUNDING TO INDIVIDUALS WITH SUBSTANCE USE DISORDERS WHO HAVE LIMITED FINANCIAL RESOURCES. WE PROVIDE FINANCIAL SUPPORT FOR SOBER LIVINGAND OTHER WRAPAROUND SERVICES TO PROMOTE LONG TERM RECOVERY EFFORTS.SOBRIETY FOUNDATION ENVISIONS A WORLD IN WHICH ALL UTAHNS STRUGGLING WITH SUBSTANCE MISUSE HAVE ACCESS TO THE RESOURCES CRUCIAL TO REBUILD THEIR LIVES AND ACHIEVE LIFELONG SOBRIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE SOBRIETY FOUNDATION WAS ABLE TO PROVIDE 277 SOBER LIVING SCHOLARSHIPS. EACH OF THESE SCHOLARSHIPS IS MEANINGFUL AS IT REPRESENTS AN INDIVIDUAL WHO ISWORKING DILIGENTLY TO ENGAGE IN RECOVERY SERVICES AND TAKE STEPS TO IMPROVE THEIR LIVES AND HAVE A POSITIVE IMPACT ON THE BROADER COMMUNITY.100% OF SCHOLARSHIP RECIPIENTS REPORTED THAT THE PEER SUPPORT SYSTEM IN SOBER LIVING HELPED THEM MAINTAIN SOBRIETY.100% OF SCHOLARSHIP RECIPIENTS REPORTED THAT ALCOHOLICS AND/OR NARCOTICS ANONYMOUSMEETINGS HELPED THEM WITH SOBER LIVING. 90% OF SCHOLARSHIP RECIPIENTS FIND JOBS WITHIN TWO MONTHS.
THE SOBRIETY FOUNDATION WAS ABLE TO HELP MULTIPLE INDIVIDUALS DURING THE YEAR THAT SUFFERED FROM THE DISEASE OF ADDICTION. 80% OF SOBRIETY FOUNDATION'S RECIPIENTS ARE SOBER AND LIVING A LONG-TERM SUSTAINABLE LIFE FROM THE DISEASE OF ADDICTION.
OUR ANNUAL TEETOTALER SPEAKEASY EVENT WAS HELD ON OCTOBER 13, 2023 IN SALT LAKE CITY AND SAW SIGNIFICANT GROWTH. WITH 320 INDIVIDUALS IN ATTENDANCE, SOBRIETY FOUNDATIONRAISED MORE THAN $173,812.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Sheriff Advocate | Trustee | 10 | $12,007 |
Aaron Bryant Chairman | OfficerTrustee | 1.25 | $0 |
Kristen Brown Member | Trustee | 0.25 | $0 |
Susan Peterson Secretary Treas | OfficerTrustee | 10 | $0 |
Terry Sellers Member | Trustee | 0.25 | $0 |
Ryan Hymas Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $525,814 |
| Noncash contributions included in lines 1a–1f | $119,051 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $525,814 |
| Total Program Service Revenue | $0 |
| 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 | $525,814 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $226,905 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,007 |
| Compensation of current officers, directors, key employees. | $12,007 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,750 |
| Office expenses | $352 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,720 |
| All other expenses | $2,458 |
| Total functional expenses | $538,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,538 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $206,538 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $206,538 |
| Net assets with donor restrictions | $0 |
| 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 | $206,538 |