Form 990 for tax year 2023
Filed by NEXUS RECOVERY CENTER FOUNDATION.
Totals
- Total revenue
- $989,859
- Total expenses
- $1,507,319
- Contributions and grants received
- $876,100
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $32,148
- Other revenue
- $81,611
- Total assets, end of year
- $15,644,819
- Total liabilities, end of year
- $9,836,283
- Net assets or fund balances, end of year
- $5,808,536
- Program services expenses (Part IX)
- $268,540
- Management and general expenses
- $85,340
- Fundraising expenses
- $1,153,439
- Program service expenses (Part III)
- $268,540
Program services were 17.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$876,100
-
3 · Investment income
total $32,148 · related or exempt $32,148
-
11a · Other revenue: Prior Year Revenue Adj
total $81,532 · related or exempt $81,532
-
11b · Other revenue: Rental Income
total $79 · related or exempt $79
-
11e · Other revenue, total
$81,611
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $486,110 · program services $243,055 · fundraising $243,055
-
11c · Fees: accounting
total $2,500 · program services $2,500
-
11g · Fees: other
total $131 · program services $131
-
19 · Conferences, conventions and meetings
total $6,771 · program services $6,771
-
22 · Depreciation, depletion and amortization
total $875 · program services $875
-
24a · Other expenses: To/From Nexus / Nexus F
total $875,000 · fundraising $875,000
-
24b · Other expenses: Medical Contractual
total $85,340 · management and general $85,340
-
24c · Other expenses: Administrative Contract
total $30,416 · program services $15,208 · fundraising $15,208
-
24d · Other expenses: Direct Care Contractual
total $15,650 · fundraising $15,650
-
24e · All other expenses
total $4,526 · fundraising $4,526
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $702,892 · end of year $100,701
-
4 · Accounts receivable
beginning of year $5,883,643 · end of year $11,849,391
-
10a · Land, buildings and equipment: cost or other basis
$7,354,149
-
10b · Land, buildings and equipment: accumulated depreciation
$3,664,149
-
10c · Land, buildings and equipment, net
beginning of year $137,600 · end of year $3,690,000
-
14 · Intangible assets
end of year $4,727
-
17 · Accounts payable and accrued expenses
beginning of year $398,139 · end of year $4,526,283
-
24 · Unsecured notes and loans payable
end of year $5,310,000
-
27 · Net assets without donor restrictions
beginning of year -$1,070,504 · end of year -$1,266,366
-
28 · Net assets with donor restrictions
beginning of year $7,396,500 · end of year $7,074,902
Mission and programs · 2023
Mission
Supporting organization to Nexus Recovery Center Incorporated.
-
Supporting organization to Nexus Recovery Center Incorporated.
Expenses $268,540
As filed on the 2023 return.
Listed in Part VII
-
Billy Murray
Chair
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Karl Nelson
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Raymond Faus
Recovery Risig Campaign Co
- Total calculated
- $0
- Hours/week
- 1
-
Telisa Schelin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robb James
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Langenberg
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sharon King
Ex-Officio Nexus Recovery
- Total calculated
- $0
- Hours/week
- 1 + 2 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501159349301340
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.