HIGH WATCH RECOVERY CENTER INC

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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

1950

Legal Domicile

Principal Officer

CHENGTAO TODD YU

Phone

8609273772

Tax Period

2024-01-01 to 2024-12-31

HIGH WATCH RECOVERY CENTER INC, founded in 1950, is a mid-sized nonprofit that reported $37.4M in total revenue in fiscal year 2024. Expenses of $35.1M left a modest 6% surplus.

Mission

HIGH WATCH RECOVERY CENTER IS DEDICATED TO SEEING THE DISEASE OF ADDICTION GO INTO REMISSION FOR EACH INDIVIDUAL WHO PASSES THROUGH THE DOOR. WE ARE COMMITTED TO PROVIDING COMPASSIONATE CARE AS WE INTEGRATE THE LATEST BREAKTHROUGHS IN ADDICTION MEDICINE ALONGSIDE THE SPIRITUAL TEACHINGS OF AA'S 12 STEPS TO GIVE ALL PATIENTS THE TOOLS AND FOUNDATION TO LIVE SOBER AFTER LEAVING HIGH WATCH.

Program Service Accomplishments

Program 1

Expenses: $26,892,871 Revenue: $36,927,651

REHABILITATION OF INDIVIDUALS WITH SUBSTANCE USE DISORDER AND CO-OCCURRING DISORDER. "WILSON BEDS" PROGRAM PROVIDES ROOM, BOARD, AND TREATMENT AT HIGH WATCH RECOVERY CENTER, FREE OF CHARGE FOR...

REHABILITATION OF INDIVIDUALS WITH SUBSTANCE USE DISORDER AND CO-OCCURRING DISORDER. "WILSON BEDS" PROGRAM PROVIDES ROOM, BOARD, AND TREATMENT AT HIGH WATCH RECOVERY CENTER, FREE OF CHARGE FOR QUALIFYING INDIVIDUALS THE VALUE OF WHICH IS ESTIMATED AT $748,007 FOR 2024. THE CENTER'S POLICY IS TO ALWAYS HAVE 7 "EXTENDED GUESTS" ON CAMPUS WHO SUFFER FROM CHRONIC RECIDIVISM. THE EXTENDED GUESTS ARE PROVIDED ROOM, BOARD, AND TREATMENT AT HIGH WATCH THE VALUE OF WHICH IS ESTIMATED AT $1,985,550 FOR 2024. ALTOGETHER, FINANCIAL ASSISTANCE AND CHARITY CARE TO GUESTS IN 2024 TOTALED $2,733,557

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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 (2024)

Revenue Breakdown

Contributions & Grants $417,553

Program Service Revenue $35,976,515

Investment Income $79,950

Other Revenue $910,376

TOTAL REVENUE $37,384,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,323,563

Fundraising Expenses $142,613

Program Expenses $26,892,871

Other Expenses $14,816,132

TOTAL EXPENSES $35,139,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,384,394	$38,504,267	0.0%
Expenses	$35,139,695	$34,112,480	+0.0%
Net Income	$2,244,699	$4,391,787	-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

305

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

$1,397,622

Total Directors

$1,030,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOLLA EIRIKSDOTTIR	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT BERRY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
BARBARA BROCCOLI	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS MOSUNIC	DIRECTOR	2.00	Director	$0	$0	$0
JOHN WEST	CHAIRMAN	2.00	Officer Director	$0	$0	$0
GREGORY BORIS DO	SECRETARY/VP-MEDICAL	40.00	Director	$514,346	$63,491	$577,837
JASON SCHIFFMAN	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW ROBERTS	CEO / PRESIDENT	50.00	Officer Director	$389,523	$63,060	$452,583
ROBERT SCHWARZ	SVP-ADMISSIONS	50.00	Officer	$405,930	$51,063	$456,993
DEREK TRANZILLO	CFO (THRU 12.31.24)	50.00	Officer	$435,026	$53,020	$488,046
CHENGTAO TODD YU	CFO (EFF 1.1.25)	50.00	Officer	$0	$0	$0
TAMI-JO STEVENSON	VICE PRESIDENT OF CLINICAL	40.00	Highest	$248,677	$19,352	$268,029
CYNTHIA MEJORADO-FLINT	VP-BUSINESS DEVELOPMENT	40.00	Highest	$227,716	$54,554	$282,270
SARAH WILLIAMSON	PSYCHIATRIST MD	40.00	Highest	$357,219	$48,423	$405,642
JOSEPH FLYNN	PSYCHIATRIST MD	40.00	Highest	$271,018	$34,842	$305,860
NICHOLAS SEELINGER	M.D.	40.00	Highest	$185,092	$21,533	$206,625
JEROME W SCHWAB III	FORMER CEO	0.00		$548,076	$23,327	$571,403

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
2024	$37,384,394	$35,139,695	$79,283,760	$2,244,699
2024	No data	No data	No data	No data
2023	$38,504,267	$34,112,480	$70,961,224	$4,391,787
2022	$35,687,042	$31,337,289	$66,999,468	$4,349,753
2021	$32,591,773	$27,687,742	$58,339,466	$4,904,031
2020	$29,889,249	$24,266,236	$40,707,847	$5,623,013
2019	$24,716,167	$18,487,141	$25,935,083	$6,229,026
2018	$18,405,854	$15,142,427	$18,294,819	$3,263,427