Morgantown Sober Living Inc
- Assets
- $4.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, WV
- Founding
- 07/2014
- Data as of
- 09/2023
- EIN
- 46-1287789
Organization Overview
Morgantown Sober Living Inc is located in Morgantown, WV. The organization was established in 2014. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgantown Sober Living 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 09/2023, Morgantown Sober Living Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $2.3m during the year ending 09/2023. While expenses have increased by 50.8% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WEST VIRGINIA SOBER LIVING (WVSL) PROGRAM IS DESINGED TO REINTEGRATE RECOVERING INDIVIDUALS INTO THE WORLD. WVSL HAS A MEN'S AND WOMEN'S HOME. THROUGH ITS PROGRAMS CENTERED ON FAITH, ACCOUNTABILITY, AND 12-STEP RECOVERY PROGRAM, HELPED RESIDENTS BEGIN A SOBER LIFESTYLE. WVSL OFFERS A PEERS NETWORK OF CERTIFIED PEER RECOVERY COACHES IN THE COMMUNITY WHO WORK TOGHTHER TO CONNECT INDIVIDUALS TO THE SERVICES THEY NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Leech Executive Chair | 4 | $0 | |
Randy Williams Board Member | 1 | $0 | |
Dr Zenovy Wowczuk Board Member | 1 | $0 | |
Patrick Esposito II Board Member | 1 | $0 | |
Mark Nesselroad Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,951,047 |
| Interest on Savings | $8,617 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $516,245 |
| Total Revenue | $2,475,909 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,314,135 |
| Pension plans, employee benefits | $185,966 |
| Interest | $10,556 |
| Taxes | $6,864 |
| Depreciation | $14,892 |
| Occupancy | $427,254 |
| Travel, conferences, and meetings | $25,429 |
| Printing and publications | $0 |
| Other expenses | $175,094 |
| Total operating and administrative expenses | $2,306,908 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,306,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,104 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $537,964 |
| Net Pledges Receivable | $0 |
| Grants receivable | $63,301 |
| Receivables from Officers, Directors, or Controlling Persons | $110,757 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,540 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $231,065 |
| Other assets | $2,702,848 |
| Total assets | $4,038,579 |
| Accounts payable and accrued expenses | $140,942 |
| Grants payable | $0 |
| Deferred revenue | $134,210 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,170,864 |
| Other liabilities | $55,886 |
| Total liabilities | $3,501,902 |