Global Recovery Initiatives Foundation (EIN 331104732) - 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

2003

Legal Domicile

Principal Officer

Thomas J Berkery

Phone

6513353988

Tax Period

2024-01-01 to 2024-12-31

Global Recovery Initiatives Foundation, founded in 2003, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $351K exceeded revenue, resulting in a 38% operating deficit.

Mission

A public foundation doing grant and program work in the field of recovery from substance abuse disorder

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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 $127,104

Program Service Revenue $127,104

Investment Income $0

Other Revenue $0

TOTAL REVENUE $254,208

Expense Breakdown

Grants Paid $22,000

Salaries & Benefits $195,498

Fundraising Expenses $0

Program Expenses $315,045

Other Expenses $133,103

TOTAL EXPENSES $350,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,208	$360,116	-0.3%
Expenses	$350,601	$56,739	+5.2%
Net Income	$-96,393	$303,377	-1.3%

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

N/A

Employees

N/A

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

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE B HARTNETT	Director	30.00	Director	$120,000	$0	$120,000
TOM J BERKERY	Chairman	0.00	Director	$0	$0	$0
SEAN DUGAN	Director	0.00	Director	$0	$0	$0
ANDREA G BARTHWELL	Director	0.00	Director	$0	$0	$0
ALEXANDRA CAMERON	Director	0.00	Director	$0	$0	$0
MATT ESCOUBAS	Treasurer	0.00	Director	$0	$0	$0
NIKKI SIXX	Director	0.00	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	$254,208	$350,601	$5,003	$-96,393
2023	$360,116	$56,739	$240,336	$303,377
2022	$16,623	$22,379	$5,304	$-5,756
2020	$411,524	$507,894	$10,311	$-96,370

Global Recovery Initiatives Foundation