Overview

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Est.

2006

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Recovery Innovations Inc is a nonprofit organization focused on substance abuse treatment, operating in Arizona and beyond, including five states and New Zealand. With an operating budget of $113.2 million and total revenue of $101.7 million, the organization empowers individuals to achieve recovery and reconnect with their communities through a wellness-oriented approach to behavioral health services. Recovery Innovations Inc is supported by major funders such as GS Donor Advised Philanthropy Fund for Wealth Management Inc and The Chicago Community Trust, among others, without relying on a single funder for more than 50% of its revenue.

Mission Statement

RECOVERY INNOVATIONS, INC. INCORPORATED IN THE STATE OF ARIZONA IN DEC. 2006 (CONT'D ON SCH O) AS A NON-PROFIT ORGANIZATION, HAS CREATED A NEW PARADIGM OF DELIVERING BEHAVIORAL HEALTH SERVICES THAT FOCUSES ON WELLNESS RATHER THAN THE TRADITIONAL ILLNESS-BASED APPROACH. THROUGH ITS LOCAL NON-PROFIT CORPORATIONS, RECOVERY INNOVATIONS OFFERS A RANGE OF SERVICES IN FOUR PRIMARY AREAS; CRISIS, HEALTH, RECOVERY AND CONSULTING. RECOVERY INNOVATIONS OPERATES RECOVERY-BASED MENTAL HEALTH SERVICES IN FIVE STATES AND NEW ZEALAND AND HAS PROVIDED RECOVERY TRAINING AND TRANSFORMATION CONSULTATION IN 27 STATES AND FIVE COUNTRIES ABROAD. OUR MISSION IS TO EMPOWER PEOPLE TO RECOVER, SUCCEED IN ACCOMPLISHING THEIR GOALS, FIND MEANING AND PURPOSE IN LIFE, AND RECONNECT WITH THEMSELVES AND OTHERS. OUR VISION IS TO ACTIVATE THE NEXT GENERATION OF FRAME-BREAKING HEALTHCARE INNOVATION TO SUPPORT PEOPLE BEYOND THEIR BEHAVIORAL HEALTH NEEDS AND SUCCEED IN THE COMMUNITY WHERE THEY LIVE, WORK, AND PLAY.
Revenues
$101.7M
Expenses
$113.3M
Net Income:
-$11.6M
Assets
$61M
Liabilities
$52.9M
Net Assets:
+$8.1M
Operating Budget
$113.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100K
Largest grant received
$100K
D
David W Covington
Board Member
D
DR Dennis Morrison
Board Member
S
Steven Fasick
Board Member
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Frequently Asked Questions

What is RECOVERY INNOVATIONS INC’s budget?
In 2024, RECOVERY INNOVATIONS INC reported an annual operating budget of around $113.2 million. More detailed financial information is available to registered users.
What causes does RECOVERY INNOVATIONS INC support?
RECOVERY INNOVATIONS INC supports work in Substance abuse treatment.
Where does RECOVERY INNOVATIONS INC operate?
RECOVERY INNOVATIONS INC is headquartered in Phoenix, AZ.
Who funded RECOVERY INNOVATIONS INC recently?
In 2024, RECOVERY INNOVATIONS INC received grants from SOZOSEI FOUNDATION, SOZOSEI FOUNDATION, and The Chicago Community Trust. More information on this organization’s funders is available to registered users.
What is the largest grant RECOVERY INNOVATIONS INC received in 2024?
The largest grant to RECOVERY INNOVATIONS INC in 2024 exceeds $100 thousand.
What is RECOVERY INNOVATIONS INC’s reliance on government grants?
RECOVERY INNOVATIONS INC relied on government grants for less than 5% of their total revenue in 2024.