ASCENT RECOVERY RESIDENCES 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

2007

Legal Domicile

Principal Officer

BRITTON FIELDS

Phone

4175299368

Tax Period

2023-01-01 to 2023-12-31

ASCENT RECOVERY RESIDENCES INC, founded in 2007, is a small nonprofit in the Mental Health sector that reported $428K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 26% operating margin.

Mission

TO PROVIDE SUSTAINED RECOVERY MANAGEMENT IN A FAITH-BASED ENVIRONMENT THAT ENCOURAGES A GENERATION OF YOUNG MEN TO DEVELOP THE INTEGRITY, SELF- DISCIPLINE, WORK ETHIC, AND ATTITUDE TO BECOME PRODUCTIVE MEMBERS OF SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $317,165 Revenue: $38,446

WE PROVIDED RECOVERY SUPPORT SERVICES, INCLUDING RESIDENTIAL SUPPORT, FOR INDIVIDUALS. EACH OF THESE INDIVIDUALS WERE ADMITTED TO OUR PROGRAM DUE TO SERIOUS SUBSTANCE USE DISORDERS AND/OR...

WE PROVIDED RECOVERY SUPPORT SERVICES, INCLUDING RESIDENTIAL SUPPORT, FOR INDIVIDUALS. EACH OF THESE INDIVIDUALS WERE ADMITTED TO OUR PROGRAM DUE TO SERIOUS SUBSTANCE USE DISORDERS AND/OR CO-OCCURRING MENTAL HEALTH ISSUES. WE HAVE BEEN ABLE TO PROVIDE THE SUPPORT NECESSSARY FOR MOST INDIVIDUALS TO HAVE TRANSFORMED THEIR LIVES FROM SEVERE DYSFUNCTION AND A SIGNIFICANT DRAIN ON GOVERNMENT AND COMMUNITY RESOURCES TO BECOME RESPONSIBLE, CONTRIBUTING MEMBERS OF THE COMMUNITY.

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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 $361,449

Program Service Revenue $38,446

Investment Income $17

Other Revenue $28,032

TOTAL REVENUE $427,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $162,378

Fundraising Expenses $0

Program Expenses $317,165

Other Expenses $154,787

TOTAL EXPENSES $317,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$427,944	$354,172	+0.2%
Expenses	$317,165	$336,884	-0.1%
Net Income	$110,779	$17,288	+5.4%

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

N/A

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
TERESA BROWN	BOARD MEMBER	N/A	Director	$0	$0	$0
GREG FAUVERGUE	TREASURER	N/A	Officer Director	$0	$0	$0
BRITTON FIELDS	PRESIDENT	N/A	Officer Director	$0	$0	$0
RICHARD KENNEY	BOARD MEMBER	N/A	Director	$0	$0	$0
KIM LANDERS	BOARD MEMBER	N/A	Director	$0	$0	$0
SAM NEWTON	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVID O'NEILL	BOARD MEMBER	N/A	Director	$0	$0	$0
STACEY PEEK	SECRETARY	N/A	Officer Director	$0	$0	$0
BRYAN SIMPSON	BOARD MEMBER	N/A	Director	$0	$0	$0
SCOTT VORHEES	BOARD MEMBER	N/A	Director	$0	$0	$0
HEIDI WILLIAMS	VICE PRESIDE	N/A	Officer 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	$427,944	$317,165	$471,384	$110,779
2022	$354,172	$336,884	$362,484	$17,288
2021	$292,442	$318,901	$364,816	$-26,459
2020	$524,332	$262,816	$377,096	$261,516
2019	$172,086	$182,693	$107,345	$-10,607
2018	$204,473	$177,357	$115,994	$27,116