Movers Development Center EIN 27-5197276 Form 990 (PDF) Claim this org

Movers Development Center

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Provides housing, mentoring, and resources to help people with addiction achieve lasting recovery. For fiscal year 2024 it reported $345K in revenue, $309K in expenses, and $95K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
N Chesterfld, VA
Website
m3bridgerecovery.org
Filings
2 on file (2023–2024)
Revenue
$345KFY2024
Expenses
$309K
Net assets
$95K
People
10
Filings
2
Updates
0
More identity details & actions ⌄
EIN  27-5197276 Public charity (501(c)(3)) N Chesterfld, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides housing, mentoring, and resources to help people with addiction achieve lasting recovery.
Leadership
Coleen Cherici · Chief Operating Officer · $40K
Money in and out
$345K revenue, $309K expenses
Bottom line
67% program efficiency
Where the money goes · FY2024
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$95K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate▼ -74% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▼ -72% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$345K
FY2024▲ +73%
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$95K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$127K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMovers Development Center
EINHdr · item D27-5197276
Principal addressHdr · item CN Chesterfld, VA
WebsiteHdr · item Jm3bridgerecovery.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFNov 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Operating Officer
$40,135Pt VII · Sec A
Chief Executive Officer
$38,400Pt VII · Sec A
Peer Recovery Specialist
$33,333Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Coleen Cherici’s $40K as Chief Operating Officer is at the 27th percentile of top reported officer pay among 2164 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $132K of program spending, described in the organization's own filed words · FY2024.
01

Housing

Provide safe structured and supportive housing for participants in recovery from substance use disorder. Our program offers a stable living environment that promotes accountability sobriety and personal growth. Participants receive daily support peer mentoring and access to community resources that strengthen long term recovery effects.

$96Kprogram expense
02

Peer Recovery Specialists Social Worker Chaplain

The program is strengthened by a trained supportive team which includes Master Social Worker MSW Board certified Chaplain and certified Peer Recovery Specialists. Together these professionals provide case management spiritual care emotional support goal planning crisis intervention and peer-to-peer relationships which ensures…

$21Kprogram expense
03

Transportation

Provides transportation services to ensure participants have constant access to essential appointments and recovery support. This includes transportation to medical and behavioral appointments recovery meetings court related obligations grocery stores and other critical activities that support daily living and stability.

$16Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$180K · 52%
Contributions & grants$166K · 48%
Program service revenue52%$180K
Contributions & grants48%$166K
— government grantsLn 1e$19K
Total revenueLn 12$345K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$205K
Management & general33%$103K
Total functional expensesLn 25$309K

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$127K
Total liabilitiesLn 26$31K
Total net assetsLn 32$95K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $46K · Operating expenses/yr $309K
1.8 months
Where the money goes
Program services
Program services $205K · Total expenses $309K
67%
Management & General
Management & general $103K · Total expenses $309K
33%
Fundraising
Fundraising $0 · Total expenses $309K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $147K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $166K · Total revenue $345K
48%
Government reliance
Government grants $19K · Total revenue $345K
5%
Earned-income share
Program service revenue $180K · Total revenue $345K
52%
Investment reliance
Investment income $0 · Total revenue $345K
0%
Program self-sufficiency
Program service revenue $180K · Total expenses $309K
58%
Growth & trend
Revenue growth (YoY)
This year $345K · Prior year $199K
+73%
Net-asset trend (YoY)
End of year $95K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $345K · Expenses $309K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $127K
Net-asset ratio
Net assets $95K · Total assets $127K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $127K
0%
People & payroll
Highest Reported Total Compensation
Individual Coleen Cherici · Reported title Chief Operating Officer · Highest reported compensation $40K · Total expenses $309K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $123K · Total expenses $309K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth 73%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$345K revenue · viewing · ⤓ 990 PDF
FY2023$199K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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