Keys To Recovery Newspaper Inc
- Assets
- $4.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Balboa, CA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 46-4000069
Organization Overview
Keys To Recovery Newspaper Inc is located in Lake Balboa, CA. The organization was established in 2016. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & 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. Keys To Recovery Newspaper 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 12/2022, Keys To Recovery Newspaper Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $42.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
PUBLISH NEWSPAPER TO COMMUNICATE AND INFORM PEOPLE ABOUT ADDICTIONS AND RECOVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Jean Raab President | 40 | $0 | |
Marcus Marshall Vice President | 40 | $28,766 | |
Peggy Salazar Treasurer | 4 | $0 | |
Elizabeth Stern Secretary/ceo | 1 | $0 | |
Lori Jaroslow Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,870 |
| Total Program Service Revenue | $28,632 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,766 |
| Professional fees and other payments to independent contractors | $2,017 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,052 |
| Other expenses | $10,473 |
| Total expenses | $42,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,271 |
| Other assets | $0 |
| Total assets | $4,271 |
| Total liabilities | $21,463 |
| Net assets or fund balances | -$17,192 |