New Directions Addiction Recovery Services (EIN 274469700) - 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

Christopher Reed

Phone

7792200336

Tax Period

2024-01-01 to 2024-12-31

New Directions Addiction Recovery Services, founded in 2010, is a community nonprofit in the Mental Health sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE ASSISTANCE AND SUPPORT FOR INDIVIDUALS THAT HAVE SUBSTANCE ADDICTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,334,513

Program Service Revenue $407,344

Investment Income $3,571

Other Revenue $-3,700

TOTAL REVENUE $1,741,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,191,788

Fundraising Expenses $35,881

Program Expenses $1,615,025

Other Expenses $783,433

TOTAL EXPENSES $1,975,221

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,741,728	$2,031,922	-0.1%
Expenses	$1,975,221	$1,984,481	0.0%
Net Income	$-233,493	$47,441	-5.9%

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

$117,651

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	EXECUTIVE DIRECTOR	040.00	Officer	$117,651	$0	$117,651
N/A	PRESIDENT	001.00	Officer Director	$0	$0	$0
N/A	MEMBER	001.00	Director	$0	$0	$0
N/A	MEMBER	001.00	Director	$0	$0	$0
N/A	TREASURER	002.00	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
N/A	MEMBER	001.00	Director	$0	$0	$0
N/A	MEMBER	002.00	Director	$0	$0	$0
N/A	SECRETARY	001.00	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	$1,741,728	$1,975,221	$2,319,886	$-233,493
2023	$2,031,922	$1,984,481	$2,481,654	$47,441
2022	$1,441,859	$1,500,376	$2,523,040	$-58,517
2021	$1,429,890	$933,383	$2,417,508	$496,507
2020	$621,367	$460,792	$1,538,681	$160,575
2019	$1,227,126	$407,623	$1,363,261	$819,503
2018	$276,511	$273,128	$556,242	$3,383

New Directions Addiction Recovery Services