70 X 7 LIFE RECOVERY (EIN 208857935) - 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

2007

Legal Domicile

Principal Officer

LISA MATHEWS

Phone

6167960685

Tax Period

2023-10-01 to 2024-09-30

70 X 7 LIFE RECOVERY, founded in 2007, is a community nonprofit in the Mental Health sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $987K left a modest 4% surplus.

Mission

TO CATALYZE THE CHURCH, COMMERCE, AND COMMUNITIES TO TURN THE CYCLE OF INCARCERATION AND ITS CONSEQUENCES INTO A CYCLE OF RESTORATION AND HOPE.

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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 $851,453

Program Service Revenue $205,443

Investment Income $0

Other Revenue $-25,149

TOTAL REVENUE $1,031,747

Expense Breakdown

Grants Paid $0

Salaries & Benefits $579,024

Fundraising Expenses $126,131

Program Expenses $683,050

Other Expenses $408,385

TOTAL EXPENSES $987,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,031,747	$1,161,395	-0.1%
Expenses	$987,409	$1,353,152	-0.3%
Net Income	$44,338	$-191,757	-1.2%

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

710

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY VEURINK	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
TOM NOBEL	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT SCHAFTENAAR	SECRETARY	1.00	Officer Director	$0	$0	$0
NIKKI EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JONES	DIRECTOR	1.00	Director	$0	$0	$0
JIM TUINSTRA	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MORAN	FORMER EXECU	40.00		$127,819	$0	$127,819
LISA MATHEWS	EXECUTIVE DI	40.00	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
2024	$1,031,747	$987,409	$908,329	$44,338
2023	$1,161,395	$1,353,152	$461,441	$-191,757
2022	$1,231,468	$1,637,171	$455,034	$-405,703
2021	$1,675,731	$1,231,209	$803,115	$444,522
2020	$1,089,192	$1,252,341	$523,695	$-163,149
2019	$1,703,520	$1,543,541	$534,022	$159,979
2018	$1,817,038	$1,820,756	$373,341	$-3,718

70 X 7 LIFE RECOVERY