FOUNDATION FOR RECOVERY INC (EIN 203380211) - 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

2005

Legal Domicile

Principal Officer

SEAN O'DONNELL

Phone

7022578199

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR RECOVERY INC, founded in 2005, is a community nonprofit in the Mental Health sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE THE POSITIVE IMPACT OF RECOVERY FROM ADDICTION, BEHAVIORAL HEALTH AND CO-OCCURING DISORDERS IN OUR COMMUNITIES AND TO ENHANCE THE LIVES OF INDIVIDUALS.

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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 $2,055,287

Program Service Revenue $31,866

Investment Income $0

Other Revenue $-41,327

TOTAL REVENUE $2,045,826

Expense Breakdown

Grants Paid $338,394

Salaries & Benefits $876,919

Fundraising Expenses $22,305

Program Expenses $1,772,869

Other Expenses $896,102

TOTAL EXPENSES $2,111,415

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,045,826	$1,722,160	+0.2%
Expenses	$2,111,415	$1,717,853	+0.2%
Net Income	$-65,589	$4,307	-16.2%

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

113

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

$81,800

Total Directors

$81,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN O'DONNELL	EXECUTIVE DI	40.00	Officer Director	$80,000	$1,800	$81,800
GREG WILLIAMS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JACK HOVENIER	TREASURER	5.00	Officer Director	$0	$0	$0
ROBIN REEDY	SECRETARY	2.00	Officer Director	$0	$0	$0
STUART P SMITH	DIRECTOR	2.00	Director	$0	$0	$0
BILLY RYAN	DIRECTOR	2.00	Director	$0	$0	$0
DON KUHL	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH FILDES	DIRECTOR	2.00	Director	$0	$0	$0
STEVE ALTIG	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$2,045,826	$2,111,415	$4,358,182	$-65,589
2022	$1,722,160	$1,717,853	$4,950,295	$4,307
2021	$3,141,988	$1,963,083	$1,232,878	$1,178,905
2020	$2,393,289	$2,055,958	$613,498	$337,331
2019	$2,446,470	$1,689,469	$964,592	$757,001
2018	$1,208,892	$1,371,101	$901,292	$-162,209

FOUNDATION FOR RECOVERY INC