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Breakaway Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411434835 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Breakaway Inc?

Breakaway Inc is a nonprofit organization, primarily based in Minneapolis, Minnesota, dedicated to assisting chronic alcoholics. Their mission encompasses providing a secure environment, living quarters, job placement, and counseling for the individuals they serve. Despite the unique focus on chronic alcoholics, the organization offers a comprehensive approach, prioritizing the well-being and rehabilitation of those affected. The organization, staffed by a single individual, strives to offer a supportive environment that fosters personal growth and self-sufficiency for its members. Although the information provided does not mention specific programs or initiatives beyond their core mission, it is clear that Breakaway Inc is committed to making a meaningful impact in the lives of those struggling with alcohol addiction.


Is Breakaway Inc legitimate?

Breakaway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakaway Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,700

For more financial information, click here


What is the mission statement of Breakaway Inc?
Who is the CEO of Breakaway Inc?
What is the revenue of Breakaway Inc?
Who are the executives of Breakaway Inc and what are their salaries?
Where can I find the form 990 for Breakaway Inc?

Mission Statement of Breakaway Inc

Breakaway Inc, a nonprofit organization, is dedicated to providing a secure environment for chronic alcoholics. Their mission encompasses more than just a safe space; it includes offering living quarters, job placement, and counseling services. The organization aims to help these individuals overcome their addiction and reintegrate into society, thus promoting a more holistic approach to recovery. During the year, Breakaway Inc successfully provided shelter, counseling, and job placement for approximately 80 chronic alcoholics, demonstrating their commitment to making a significant impact in the lives of those struggling with alcoholism.

Impact

This information is meant to be a general summary of Breakaway Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Breakaway Inc has a significant impact on the lives of chronic alcoholics in Minneapolis, MN. They provide a secure environment, living quarters, job placement, and counseling services to help these individuals rebuild their lives. The program has successfully supported approximately 80 chronic alcoholics in the past year, offering shelter, guidance, and opportunities for a better future. Their focus on mental health and holistic support underscores their commitment to making a tangible difference in the lives of those struggling with alcoholism.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $94
  • Program Service Revenue: $203,637
  • Gross Receipts: $250,961

    • Assets and Liabilities:
  • Total Assets: $182,668
  • Total Liabilities: $60,240
  • Net Assets: $122,428
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE

    Revenue

    $203,637

    Organization Details

    Founding Year

    1982

    Principal Officer

    Michael P Hannon

    Main Address

    1911 PARK AVE S, Minneapolis, MN, 554042768

    NTEE Category

    Code: F22Z - Mental health

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