Blue Waters Recovery Foundation Inc
- Assets
- $9.2k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Pompano Beach, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-1534608
Organization Overview
Blue Waters Recovery Foundation Inc is located in Pompano Beach, FL. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Blue Waters Recovery Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Waters Recovery Foundation 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 12/2023, Blue Waters Recovery Foundation Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 2 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
PROVIDING A SAFE,STRUCTURED RECOVERY ENVIRONMENT FOR PERSONS SUFFERING FROM ALCOHLISM AND DRUG ADDICTION ALLOWING FOR THE APPLICATION OF THE TWELVE STEPS TO RETURN PERSONS TO SOCIETY USEFULLY WHOLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE WATERS RECOVERY FOUNDATIONS PRIMARY SERVICE REMAINS TO PROVIDE SAFE AND STRUCTURED HOUSING TO DRUG ADDICTS AND ALCHOLOLICS SEEKING RECOVERY. OUR PROGRAM HAS A TOTAL OF 165 BEDS AMONG 7 LOCATIONS. WHILD OUR PROGRAM REQUIRES ALL CLIENTS TO GAIN EMPLOYMENT, MANY OF THESE CLIENTS ARE WITHOUT FUNDS WHEN ENTERING THE PROGRAM AND THUS WITHOUT OTHER OPTIONS AS THEY ARE UNABLE TO PAY PROGRAM COSTS AS WELL AS LIVING EXPENSES SUCH AS FOOD AND TRANSPORTATION. IN 2022 BLUE WATERS RECOVERY FOUNDATION HAD 421 INTAKES APPROXIMATELY 278 OF THESE CLIENTS HAD NO OR LIMITED FUNDS UPON ENTERING THE PROGRAM. OUR PROGRAM GOES TO GREAT EXPENSE TO ATTEMPT TO ASSIST THEM WITH THESE DIFFICULTIES TO HELP THEM GAIN EMPLOYMENT TO HELP THEM MAINTAIN SOBRIETY AND BECOME PRODUCTIVE MEMBERS OF SOCIETY THESE STATISTICS ARE DERIVED FROM OUR CRM REPORT FOR INTAKES FILTERING RESULTS FOR CLEINTS THAT OWED OR STILL OWE PROGRAM FEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Spango COO | Officer | 60 | $62,601 |
Tiffany Skuraton CEO | Officer | 60 | $45,038 |
Jacob Hillman Director | Trustee | 10 | $28,500 |
Micah Khuntangta Director | Trustee | 20 | $0 |
Samantha Garabed Director | Trustee | 10 | $0 |
Peter Cunningham Vice President | Officer | 15 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,022,518 |
| 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 | $1,022,518 |
| 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. | $136,139 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,257 |
| Payroll taxes | $14,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,141 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,424 |
| Advertising and promotion | $32,538 |
| Office expenses | $4,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $53,063 |
| All other expenses | $22,579 |
| Total functional expenses | $1,061,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,262 |
| 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 | $9,206 |
| Accounts payable and accrued expenses | $36,226 |
| 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 | $36,226 |
| Net assets without donor restrictions | $0 |
| 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 | -$27,020 |
| Total liabilities and net assets/fund balances | $9,206 |