Charleston Recovery Center Inc (EIN 264420743) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

Director of Operations

Phone

8437934200

Tax Period

2023-01-01 to 2023-12-31

Charleston Recovery Center Inc is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

RESIDENT DRUG AND ALCOHOL TREATMENT AND REHABILITATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,468,358

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,468,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $535,829

Fundraising Expenses $0

Program Expenses $1,118,912

Other Expenses $978,228

TOTAL EXPENSES $1,514,057

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,468,358	$1,288,278	+0.1%
Expenses	$1,514,057	$1,419,775	+0.1%
Net Income	$-45,699	$-131,497	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$226,500

Total Directors

$64,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD P BYERS	President & CEO	60.00	Officer	$0	$0	$179,000
JENNIFER PETT	Director	40.00	Director	$64,300	$0	$64,300
THOMAS BALWIN	Director	40.00	Officer	$47,500	$0	$47,500
VICTOR RAWL	Trustee	1.00	Director	$0	$0	$0
NIKKI LEE	Secretary	1.00	Director	$0	$0	$0
RONALD P BYERS	PRESIDENT	100.00		$0	$0	$0
THOMAS BALWIN	VICE PRESIDENT	100.00		$0	$0	$0
JENNIFER PETT	ADMINISTRATIVE	60.00		$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	No data	No data	No data	No data
2023	$1,468,358	$1,514,057	$569,290	$-45,699
2022	$1,288,278	$1,419,775	$716,593	$-131,497
2021	$1,366,950	$1,248,258	$820,253	$118,692
2020	$1,154,263	$974,187	$740,590	$180,076
2019	$1,009,028	$955,179	$548,604	$53,849
2018	$906,601	$916,244	$210,936	$-9,643

Charleston Recovery Center Inc