ALBUQUERQUE CENTER FOR HOPE AND RECOVERY INC (EIN 161665560) - 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

2012

Legal Domicile

Principal Officer

DONATO VELASCO

Phone

5052462247

Tax Period

2023-07-01 to 2024-06-30

ALBUQUERQUE CENTER FOR HOPE AND RECOVERY INC, founded in 2012, is a small nonprofit in the Mental Health sector that reported $764K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $675K left a modest 12% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO SUPPORT AND PROVIDE SERVICES TO PERSONS WITH MENTAL ILLNESS.

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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 $723,644

Program Service Revenue $37,665

Investment Income $72

Other Revenue $2,802

TOTAL REVENUE $764,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $428,260

Fundraising Expenses $0

Program Expenses $573,179

Other Expenses $247,154

TOTAL EXPENSES $675,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$764,183	$701,650	+0.1%
Expenses	$675,414	$724,169	-0.1%
Net Income	$88,769	$-22,519	-4.9%

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

$89,212

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONATO VELASCO	EXECUTIVE DI	40.00	Officer	$89,212	$0	$89,212
WESLEY SINQUAH	BOARD PRESID	8.00	Officer	$0	$0	$0
PAISLEY DAWSON	SECRETARY	2.00	Officer	$0	$0	$0
MARTHA MONTEZ	TREASURER	2.00	Officer	$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	$764,183	$675,414	$143,271	$88,769
2023	$701,650	$724,169	$48,843	$-22,519
2022	$358,649	$361,611	$43,682	$-2,962
2021	$415,077	$341,557	$46,231	$73,520
2020	$353,978	$396,557	$29,293	$-42,579
2019	$350,960	$410,858	$15,721	$-59,898

ALBUQUERQUE CENTER FOR HOPE AND RECOVERY INC