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Nonprofit · EIN 84-2976778

RELEASE RECOVERY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10011

Financials

$945K$843K2022$1.4M$1.6M2023$2M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of RELEASE RECOVERY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,962,784$1,597,059$365,725$845,048$102,899$742,149
December 31, 2023990 (amended)$1,390,014$1,556,379-$166,365$488,917$112,369$376,548
December 31, 2022990$944,765$843,254$101,511$552,171$9,258$542,913
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,959,791
Program service revenue
$0
Investment income
$2,993
Other revenue
$0

Expenses

Grants and similar amounts paid
$536,010
Compensation of officers, directors and key employees
$36,923
Other salaries and wages
$294,732
Salaries, compensation and benefits (total)
$352,312
Professional fundraising fees
$0
Occupancy
$45,494
Travel
$1,133
Depreciation
$4,221
Program services (functional)
$1,092,543
Management and general (functional)
$204,253
Fundraising (functional)
$300,263

Balance sheet and other

Total assets, start of year
$488,917
Total assets, end of year
$845,048
Total liabilities, end of year
$102,899
Net assets, end of year
$742,149
Land, buildings and equipment
$8,441
Publicly traded securities
$1,992
Net assets without donor restrictions
$742,149
Gross receipts
$2,251,058
Employees
7
Volunteers
9
Year formed
2019
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHARLES LERNERDIRECTOR OF ENGAGEMENT
Highest-paid employee
40$127,964
MATTHEW STEFANKOINTERIM ED
Officer
40$36,923
MATTHEW RINKLINCHAIR
Trustee or director, Officer
3$0
ZAC CLARKVICE CHAIR
Trustee or director, Officer
3$0
JEFFREY BAUMSECRETARY & TREASURER
Trustee or director, Officer
3$0
HILARY PHELPSBOARD DIRECTOR
Trustee or director
3$0
DOROTHY DEVLINBOARD DIRECTOR
Trustee or director
3$0
ANDREW SCHWARTZBOARD DIRECTOR
Trustee or director
3$0
AARON HANCOCKBOARD DIRECTOR
Trustee or director
3$0
CASSIDY MARABOARD DIRECTOR
Trustee or director
3$0
BARB BARNHARTBOARD DIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
DOUG LEVYEXECUTIVE DIRECTOR
Officer
40$120,400$9,000
MATTHEW RINKINCHAIR
Trustee or director, Officer
3$0$0
ZAC CLARKVICE CHAIR
Trustee or director, Officer
3$0$0
JEFFREY BAUMSECRETARY & TREASURER
Trustee or director, Officer
3$0$0
HILARY PHELPSBOARD DIRECTOR
Trustee or director
3$0$0
ZACHARY PRICEBOARD DIRECTOR
Trustee or director
3$0$0
DOROTHY DEVLINBOARD DIRECTOR
Trustee or director
3$0$0
ANDREW SCHWARTZBOARD DIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
MATTHEW RINKINCHAIR
Trustee or director, Officer
3$0
ZAC CLARKVICE CHAIR
Trustee or director, Officer
3$0
JEFFREY BAUMSECRETARY & TREASURER
Trustee or director, Officer
3$0
HILARY PHELPSBOARD DIRECTOR
Trustee or director
3$0
ZACHARY PRICEBOARD DIRECTOR
Trustee or director
3$0
DOROTHY DEVLINBOARD DIRECTOR
Trustee or director
3$0
ANDREW SCHWARTZBOARD DIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
55 W 19TH ST, NEW YORK, NY 10011-4223
In care of
% JEFFREY BAUM
Principal officer (990 for 2024)
JEFFREY BAUM, 55 WEST 19TH STREET, NEW YORK, NY 10011
Signed the 990
JEFFREY BAUM, SECRETARY & TREASURER
Phone
(646) 883-6196
Return prepared by
PRAGER METIS CPAS LLC

Mission

TO PROVIDE ASSISTANCE TO INDIVIDUALS SUFFERING FROM ADDICTION AND ALCOHOLISM AND TO THEIR FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING SUPPORT FOR THE TREATMENT OF ADDICTION AND MENTAL HEALTH RECOVERY AND SCHOLARSHIPS FOR MINORITIES, COLLEGE STUDENTS, WOMEN AND THE LGBTQ COMMUNITY.
    Expenses $1,092,543 · grants $536,010

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2976778
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$845,048
Income (IRS master file)
$2,251,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,962,784$1,597,059$845,048IRS
990December 2023$1,390,014$1,556,379$488,917XML
990December 2022$944,765$843,254$552,171XML
990December 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2976778).

Questions about RELEASE RECOVERY FOUNDATION INC

What is the EIN of RELEASE RECOVERY FOUNDATION INC?
The employer identification number (EIN) of RELEASE RECOVERY FOUNDATION INC is 84-2976778.
Is RELEASE RECOVERY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to RELEASE RECOVERY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RELEASE RECOVERY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RELEASE RECOVERY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RELEASE RECOVERY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RELEASE RECOVERY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JEFFREY BAUM.
Who are the officers and directors of RELEASE RECOVERY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $127,964 (CHARLES LERNER, DIRECTOR OF ENGAGEMENT).
How much revenue does RELEASE RECOVERY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,962,784, expenses of $1,597,059 and total assets of $845,048 at year end.

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