Recentered-Life EIN 81-3147933 Form 990 (PDF) Claim this org

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Develops and assists faith leadership communities, leaders, and ministries in harmony with its beliefs. For fiscal year 2024 it reported $245K in revenue, $215K in expenses, and $104K in net assets.Pt I

Type
Religious organization · Religion
Location
La Verne, CA
Website
www.recenteredgroup.com
Filings
5 on file (2020–2024)
Revenue
$245KFY2024
Expenses
$215K
Net assets
$104K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3147933 Religious organization La Verne, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Develops and assists faith leadership communities, leaders, and ministries in harmony with its beliefs.
Leadership
Robert E Underwood · CEO · $76K
Money in and out
$245K revenue, $215K expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$245K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $30K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program efficiency
71%
of spending reaches programs
Operating runway
5.3mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +69% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$245K
FY2024▲ +36%
Expenses
$215K
FY2024▲ +4%
Total assets
$105K
FY2024▲ +69%
Total liabilities
$2K
FY2024
Total revenue
$245K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$104K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$30K
Total assetsPt X · Ln 16$105K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $153K of program spending, described in the organization's own filed words · FY2024.
01

CounselingUsually consulting exposes the nead to devote a significant amount of time to counseling individual leaders, addresssing their marriages work rrelationships, and wounds that are bringing disharmony to the leadership team.

$65Kprogram expense
02

ConsultingOnline through zoom and on-site personal training of leaders and teams, teaching the principles of a high trust culture, and reconciling relationships in a international ministry, a national ministry to pastors, a college in Oregon, a Christian Conference Center in Oregon, and churches in Texas, Arizona, Oregon, and California.

$53Kprogram expense
03

Teachingdeveloping online courses and resources as we refreshed the wbsite. These online courses are to train individual leaders to create team unity and trust and to reconcile relationships between leaders in churches and missionary teams. Teaching these same courses and training leaders how to use these resources on site and in person.

$35Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRecentered-Life
EINHdr · item D81-3147933
Principal addressHdr · item CLa Verne, CA
WebsiteHdr · item Jwww.recenteredgroup.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFOct 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$76,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert E Underwood’s $76K as CEO is at the 76th percentile of top reported officer pay among 2136 $100K–1M religion 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert E Underwood$76,000$57,500$55,500$61,875$56,792
Brenda a Konoske$19,711

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$240K · 98%
Program service revenue$4K · 2%
Contributions & grants98%$240K
Program service revenue2%$4K
Other revenue$474
Total revenueLn 12$245K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program services71%$153K
Management & general20%$44K
Fundraising9%$19K
Total functional expensesLn 25$215K

Balance Sheet

Part X · end of year
CashLn 1$95K
Total assetsLn 16$105K
Total liabilitiesLn 26$2K
Total net assetsLn 32$104K
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses/yr $215K
5.3 months
Where the money goes
Program services
Program services $153K · Total expenses $215K
71%
Management & General
Management & general $44K · Total expenses $215K
20%
Fundraising
Fundraising $19K · Total expenses $215K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $31K · Solicited contributions (2-yr avg) $226K
$0.14 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $240K · Total revenue $245K
98%
Government reliance
Government grants — · Total revenue $245K
Earned-income share
Program service revenue $4K · Total revenue $245K
2%
Investment reliance
Investment income $0 · Total revenue $245K
0%
Program self-sufficiency
Program service revenue $4K · Total expenses $215K
2%
Growth & trend
Revenue growth (YoY)
This year $245K · Prior year $180K
+36%
Revenue CAGR
FY2020 $148K · FY2024 $245K
+13%
Net-asset trend (YoY)
End of year $104K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $245K · Expenses $215K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $105K
Net-asset ratio
Net assets $104K · Total assets $105K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $105K
0%
People & payroll
Highest Reported Total Compensation
Individual Robert E Underwood · Reported title CEO · Highest reported compensation $76K · Total expenses $215K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $167K · Total expenses $215K
78%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 20%
Fundraising cost ratio 8%
Revenue growth 36%
Investment management fee ratio 0%
Legal fee ratio 0.09%
Accounting fee ratio 0.6%
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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$9K

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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)$245K revenue · viewing · ⤓ 990 PDF
FY2023$180K revenue · ⤓ 990 PDF
FY2022$217K revenue · ⤓ 990 PDF
FY2021$212K revenue · ⤓ 990 PDF
FY2020$148K 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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