SPRING 2 LIFE ADDICTION RECOVERY MINISTRY (EIN 272318750) - 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

2010

Legal Domicile

Principal Officer

Adam Comer

Phone

6158493247

Tax Period

2023-01-01 to 2023-12-31

SPRING 2 LIFE ADDICTION RECOVERY MINISTRY, founded in 2010, is a community nonprofit in the Human Services sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $777K, a strong 17% operating margin.

Mission

Christ-based, in-house addiction recovery program

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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 $477,161

Program Service Revenue $4,070,120

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,547,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,440,160

Fundraising Expenses $0

Program Expenses $3,701,284

Other Expenses $1,330,123

TOTAL EXPENSES $3,770,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,547,281	$2,668,674	+0.7%
Expenses	$3,770,283	$2,594,503	+0.5%
Net Income	$776,998	$74,171	+9.5%

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

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

$343,043

Total Directors

$343,043

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ronald Anderson	CFO	40	Officer Director	$136,560	$38,100	$174,660
Adam Comer	CEO	40	Officer Director	$138,643	$29,740	$168,383
Rusty Perkins	Director	1	Director	$0	$0	$0
Rachel Timbs	Director	1	Director	$0	$0	$0
Katie Comer	Director	1	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	$4,547,281	$3,770,283	$2,363,706	$776,998
2022	$2,668,674	$2,594,503	$1,569,923	$74,171
2021	$2,531,489	$2,402,312	$1,521,821	$129,177
2020	$2,434,542	$1,569,594	$1,419,747	$864,948

SPRING 2 LIFE ADDICTION RECOVERY MINISTRY