ASCENT RECOVERY RESIDENCES INC

EIN: 261682708 501(c)(3) Mental Health

JOPLIN, MO

Total Revenue
$427,944
Total Expenses
$317,165
Total Assets
$471,384
Net Assets
$467,488
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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
MO
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.

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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%)

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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

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Governance

Voting Members
11
Independent Members
11
Employees
10
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
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
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