Restore Addiction Recovery
- Assets
- $6.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 63
- Location
- Lakemore, OH
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 82-0832531
Organization Overview
Restore Addiction Recovery is located in Lakemore, OH. The organization was established in 2017. 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. As of 12/2022, Restore Addiction Recovery employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restore Addiction 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, Restore Addiction Recovery generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $843.1k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER A LONG-TERM ADDICTION TREATMENT AND RECOVERY PROGRAM THAT IS CHRIST CENTERED, BIBLICALLY BASED AND CLINICALLY SUPPORTED TO TRANSFORM THE LIVES OF THOSE STRUGGLING WITH DRUG AND ALCOHOL ADDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORE ADDICTION RECOVERY OFFICIALLY OPENED ITS DOORS ON JANUARY 18, 2021 AND ACCEPTED THE FIRST MEN INTO THE PROGRAM, THE PROGRAM IS FREE-OF-CHARGE FOR ALL WHO ARE ACCEPTED AND OPEN TO ANYONE REGARDLESS OF FAITH OR BACKGROUND. THE PROGRAM IS DESIGNED TO SUPPORT RESIDENTS IN MAKING LIFESTYLE CHANGES AND INCLUDES 1:1 AND GROUP COUNSELING FROM LICENSED CHRISTIAN COUNSELORS; 24/7 SUPPORT FROM PEER MENTORS; SPIRITUAL FORMATION; SOCIAL AND LIFE SKILLS DEVELOPMENT, COMMUNITY SERVICE, WORK EXPERIENCE AND SUPPORT FOR MEDICAL, DENTAL, AND VISION NEEDS. OVER THE COURSE OF 2022, RESTORE ADDICTION RECOVERY ACCEPTED 117 INPATIENT RESIDENTS INTO THIS LONG-TERM ADDICTION TREATMENT AND RECOVERY PROGRAM. EIGHT LOCAL BUSINESSES PARTNERED WITH RESTORE TO EMPLOYEE 78 OF OUR RESIDENTS (OVER THE COURSE OF THE YEAR), TOTALING 27,910 WORK HOURS WHILE HELPING FUND OUR ORGANIZATION. OUR GOAL IS TO HELP EACH MAN BECOME RECOVERY READY, FOCUSING NOT JUST ON MAINTAINING THEIR 12 MONTHS OF SOBRIETY, BUT HELPING THEM FIND A SECURE JOB, A SAFE PLACE TO LIVE, AND A STRONG, SUPPORTIVE NETWORK FOR CONTINUED ACCOUNTABILITY AND CARE AFTER THEIR TIME AT RESTORE ADDICTION RECOVERY. IN 2022, RESTORE CELEBRATED ITS FIRST 12 MEN TO SUCCESSFULLY COMPLETE THE YEAR-LONG RECOVERY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Gregory President | OfficerTrustee | 40 | $0 |
Norman E Benden Jr CFO | OfficerTrustee | 20 | $0 |
Ronald W Ocasek Treasurer | OfficerTrustee | 2 | $0 |
Adam Rissmiller Trustee | Trustee | 2 | $0 |
Charles Fuenning Trustee | Trustee | 2 | $0 |
Dave Tiley Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,698 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $796,613 |
| Noncash contributions included in lines 1a–1f | $175,795 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $870,311 |
| Total Program Service Revenue | $472,477 |
| Investment income | $16,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33,666 |
| Net Income from Fundraising Events | -$9,052 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,316,934 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,517 |
| Pension plan accruals and contributions | $1,500 |
| Other employee benefits | $3,419 |
| Payroll taxes | $36,783 |
| Fees for services: Management | $5,559 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $7,258 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $536 |
| Fees for services: Other | $4,137 |
| Advertising and promotion | $18,743 |
| Office expenses | $11,521 |
| Information technology | $2,498 |
| Royalties | $0 |
| Occupancy | $111,065 |
| Travel | $21,553 |
| 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 | $108,020 |
| Insurance | $74,206 |
| All other expenses | $0 |
| Total functional expenses | $843,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $741,909 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,328 |
| 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 | $4,195,737 |
| Investments—publicly traded securities | $1,028,620 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,003,594 |
| Accounts payable and accrued expenses | $5,363 |
| 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 | $5,363 |
| Net assets without donor restrictions | $5,998,231 |
| 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 | $6,003,594 |