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

Recentered-Life FY2022 filing

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Develops and assists faith leadership communities, leaders, and ministries in harmony with its beliefs. For fiscal year 2022 it reported $217K in revenue, $208K in expenses, and $62K in net assets.Pt I

Type
Religious organization · Religion
Location
La Verne, CA
Website
www.recenteredgroup.com
Filings
5 on file (2020–2022)
Revenue
$217KFY2022
Expenses
$208K
Net assets
$62K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3147933 Religious organization La Verne, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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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 · $56K
Money in and out
$217K revenue, $208K expenses
Bottom line
68% program efficiency
Where the money goes · FY2022
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.11 Fundraising $0.21
Program efficiency
68%
of spending reaches programs
Operating runway
3.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$217K
FY2022▲ +2%
Expenses
$208K
FY2022▲ +7%
Total assets
$62K
FY2022▲ +17%
Total liabilities
$0
FY2022
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$62K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$62K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45

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
$55,500Pt 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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Mission & Programs · Part III

Where the work happens

3 program services account for $141K of program spending, described in the organization's own filed words · FY2022.
01

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.

$59Kprogram 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.

$43Kprogram expense
03

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.

$39Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$212K · 98%
Program service revenue$4K · 2%
Contributions & grants98%$212K
Program service revenue2%$4K
Total revenueLn 12$217K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.11 Fundraising $0.21
Program services68%$141K
Management & general11%$23K
Fundraising21%$43K
Total functional expensesLn 25$208K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$62K
Total liabilitiesLn 26$0
Total net assetsLn 32$62K
Months of cash on handcomputed3.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $208K
3.0 months
Where the money goes
Program services
Program services $141K · Total expenses $208K
68%
Management & General
Management & general $23K · Total expenses $208K
11%
Fundraising
Fundraising $43K · Total expenses $208K
21%
Cost to raise $1
Fundraising expense (2-yr avg) $42K · Solicited contributions (2-yr avg) $201K
$0.21 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $212K · Total revenue $217K
98%
Government reliance
Government grants — · Total revenue $217K
Earned-income share
Program service revenue $4K · Total revenue $217K
2%
Investment reliance
Investment income $0 · Total revenue $217K
0%
Program self-sufficiency
Program service revenue $4K · Total expenses $208K
2%
Growth & trend
Revenue growth (YoY)
This year $217K · Prior year $212K
+2%
Net-asset trend (YoY)
End of year $62K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $217K · Expenses $208K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $62K
Net-asset ratio
Net assets $62K · Total assets $62K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $62K
0%
People & payroll
Highest Reported Total Compensation
Individual Robert E Underwood · Reported title CEO · Highest reported compensation $56K · Total expenses $208K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $100K · Total expenses $208K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 11%
Fundraising cost ratio 20%
Revenue growth 2%
Investment management fee ratio 0%
Legal fee ratio 0%
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 · ⤓ 990 PDF
FY2023$180K revenue · ⤓ 990 PDF
FY2022$217K revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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