Turning Point Recovery Center of Springfield VT Inc (EIN 043803952) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Michael Johnson

Phone

8028854668

Tax Period

2023-07-01 to 2024-06-30

Turning Point Recovery Center of Springfield VT Inc, founded in 2004, is a small nonprofit in the Mental Health sector that reported $860K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Providing a drop in center, meeting facilities, and transitional housing for those in need of help with addiction. Also provide recovery coaching on site and on call.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $829,710

Program Service Revenue $30,578

Investment Income $127

Other Revenue $0

TOTAL REVENUE $860,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $700,812

Fundraising Expenses $0

Program Expenses $894,003

Other Expenses $212,028

TOTAL EXPENSES $912,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$860,415	$756,442	+0.1%
Expenses	$912,840	$791,698	+0.2%
Net Income	$-52,425	$-35,256	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$62,400

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Johnson	Executive Director	40.00	Key Emp	$62,400	$0	$62,400
Malcolm Fowler	President	2.00	Officer	$0	$0	$0
Marlo Mora	Treasurer	1.00	Officer	$0	$0	$0
Laura Wargo	Secretary	1.00	Officer	$0	$0	$0
Alice Emmons	Board Member	1.00	Director	$0	$0	$0
David Ellis	Board Member	1.00	Director	$0	$0	$0
Richard Marasa MD	Board Member	1.00	Director	$0	$0	$0
Anna Smith	Board Member	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$860,415	$912,840	$313,310	$-52,425
2023	$756,442	$791,698	$426,613	$-35,256
2022	$725,962	$606,663	$568,438	$119,299
2021	$570,493	$524,410	No data	$46,083
2020	$394,333	$374,273	$261,667	$20,060
2019	$253,922	$233,073	$239,387	$20,849

Turning Point Recovery Center of Springfield VT Inc