Lotus Recovery Center INC

Tax-deductible

Baltimore, MD501(c)(3)Health CareEIN 82-1941732Revenue $779K in FY2024

On file with the IRSlotusrecoverycenter.com4207 Springwood Ave, 21206-1934 · Baltimore, MDTax-exempt since Aug 2017Publicly supported — 509(a)(2)

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To provide affordable access to Substance Use Disorder treatment for women as well as ways and means to meet their basic needs.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 4 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $35K a year · 5% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $106K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$254K
72% of total assets
Worth a look: liabilities are 72% of assets; over 65%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$779K
+55% vs prior year
Spent
$692K
To programs
92%
Net assets
$98K
By yearFY2023–FY2024
Revenue
$779K
FY2024▲ +55%
Tap a bar for its year
Revenue by fiscal year
FY2023$502K
FY2024$779K
Expenses
$692K
FY2024▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2023$519K
FY2024$692K
Net assets
$98K
FY2024▲ +359%
Tap a bar for its year
Net assets by fiscal year
FY2023$21K
FY2024$98K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $634K Management & general 8% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President/VP
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A

Caroline Covington’s $86K as Executive Dir. is at the 71st percentile of top reported officer pay among 1980 $100K–1M health care 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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps women access affordable addiction treatment and meet basic needs.

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Provided by the organization

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1 program · $634K · in their own filed words · FY2024
01

Lotus Receovery Center supplies evidence-based substance use disorder treatment and therapy through residential and clinical services that build a personal program of recovery based on the unique individual it serves.

$634Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$106K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$779K
Ln 12
Gifts and grantsLn 1h$779K
Money outPt IX
$692K
Ln 25
Programscol B$634K
Managementcol C$58K
Owns and owesPt X
$98K
net assets · Ln 32
Cash and savingsLn 1–2$174K
Total assetsLn 16$351K
LiabilitiesLn 26$254K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$779K
Government grantsLn 1e$779K
Gains on assetsLn 7$0
Total revenueLn 12$779K
Assets in detailPt X, end of year
CashLn 1$174K
SavingsLn 2$0
Cash and savings togetherLn 1–2$174K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$177K
Other assetsLn 15$0
Total assetsLn 16$351K
LiabilitiesLn 26$254K
Net assetsLn 32$98K
OperationsPt I, VI
EmployeesI 511
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$53K$174K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$181K$177K
Total assetsLn 16$234K$351K
LiabilitiesLn 26$213K$254K
Net assetsLn 32$21K$98K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$363K$315K$48K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$12K$12K
Payroll taxesLn 10$30K$30K
Management feesLn 11a$0
Legal feesLn 11b$89K$79K$10K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$0
Information technologyLn 14$255$255
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$4K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$62K$62K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$88K$88K
All other expensesLn 24e$12K$11K$405
Total functional expensesLn 25$692K$634K$58K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $779K$692K$86K$98K 990 PDF
FY2023 $502K$519K−$16K$21K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $778,505 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $502,102$778,505
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $502,102$778,505
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $342,565$405,384
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $176,032$286,691
I-18 Total expensesPrior year $518,597$692,075
I-19 Revenue less expensesPrior year −$16,495$86,430
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $778,505 across 8 lines filed
VIII-1e Government grants$778,505
VIII-1h Total contributions, gifts and grants$778,505
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$778,505
Part IX · Statement of functional expenses $692,075 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $315,255 · Management $48,000$363,255
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $11,702$11,702
IX-10 Payroll taxesPrograms $30,427$30,427
IX-11a Management fees$0
IX-11b Legal feesPrograms $79,103 · Management $10,000$89,103
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $2,211$2,211
IX-13 Office expenses$0
IX-14 Information technologyPrograms $255$255
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $3,604$3,604
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $2,693$2,693
IX-20 InterestPrograms $61,842$61,842
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $4,018$4,018
IX-23 InsurancePrograms $23,307$23,307
IX-24 Other expenses (24a–d)Programs $88,114$88,114
IX-24e All other expensesPrograms $11,139 · Management $405$11,544
IX-25 Total functional expensesPrograms $633,670 · Management $58,405 · Fundraising $0$692,075
Part X · Balance sheet $351,481 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $53,146$174,454
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $181,045$177,027
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $234,191$351,481
X-25 Other liabilitiesStart of year $5,907$5,983
X-26 Total liabilitiesStart of year $212,907$253,767
X-27 Net assets without donor restrictionsStart of year $21,284$97,714
X-32 Total net assets or fund balancesStart of year $21,284$97,714
X-33 Total liabilities and net assetsStart of year $234,191$351,481
Part XI · Reconciliation of net assets $97,714 net assets at year end
XI-1 Total revenue$778,505
XI-2 Total expenses$692,075
XI-3 Revenue less expenses$86,430
XI-4 Net assets at start of year$21,284
XI-8 Prior period adjustments−$10,000
XI-10 Net assets at end of year$97,714

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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