RECOVERY HEALTH SERVICES INC

🔒

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

Formation Year

1991

Legal Domicile

Phone

2606373166

Tax Period

2024-01-01 to 2024-12-31

RECOVERY HEALTH SERVICES INC, founded in 1991, is a mid-sized nonprofit in the Health Care sector that reported $13.8M in total revenue in fiscal year 2024.

Mission

RECOVERY HEALTH SERVICES, INC. SERVES ADULTS WITH SPECIAL PHYSICAL, MENTAL, NEUROLOGICAL, AND EMOTIONAL NEEDS. EACH RESIDENT IS RECOGNIZED AS A UNIQUE INDIVIDUAL WHO DESERVES TO REACH HIS OR HER OPTIMAL POTENTIAL. OUR HEALTHCARE TEAM IS DEDICATED TO PROVIDING SERVICES THAT ARE CREATIVE AND INNOVATIVE, ALLOWING OUR RESIDENTS TO ACHIEVE THE HIGHEST QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $12,373,558 Revenue: $13,424,328

RECOVERY HEALTH SERVICES, INC. OPERATES UNDER THE NAME OF BYRON HEALTH CENTER, WHICH IS A 120-BED LICENSED NURSING FACILITY AND 50-BED LICENSED RESIDENTIAL CARE FACILITY ORGANIZED UNDER THE LAWS OF THE STATE OF INDIANA FOR THE PURPOSE OF AIDING AND PROMOTING CARE TO THOSE AGED 26-100 WHO NEED ASSISTANCE WITH DAILY LIVING SKILLS IN FORT WAYNE, INDIANA. BYRON HEALTH CENTER PROVIDES 24-HOUR NURSING PERSONNEL, ON SITE PHYSICIANS, PHYSICAL THERAPY, SPEECH THERAPY, OCCUPATIONAL THERAPY, RESPIRATORY THERAPY AND MANY MORE SERVICES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $369,380

Program Service Revenue $13,424,328

Investment Income $24,635

Other Revenue $0

TOTAL REVENUE $13,818,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,251,978

Fundraising Expenses $0

Program Expenses $12,373,558

Other Expenses $5,230,104

TOTAL EXPENSES $14,482,082

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,818,343	$12,896,632	+0.1%
Expenses	$14,482,082	$13,390,056	+0.1%
Net Income	$-663,739	$-493,424	+0.3%

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

274

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

$670,957

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Clark	Board Vice Chair	2.0	Officer Director	$0	$0	$0
Dodd Kattman	Board Chair	5.0	Officer Director	$0	$0	$0
Eugene Faley	Secretary/Treasurer	2.0	Officer Director	$0	$0	$0
Eric Weeks	Board Member	1.0	Director	$0	$0	$0
John Dortch	Board Member	1.0	Director	$0	$0	$0
John Eakin	Board Member	5.0	Director	$0	$0	$0
Therese Brown	Board Member	1.0	Director	$0	$0	$0
Audra Guy	Chief Financial Officer	30.0	Officer	$110,157	$25,350	$203,056
Debra J Lambert	Chief Executive Officer	15.0	Officer	$26,337	$21,781	$268,388
Sarah Starcher	Chief Operating Officer	45.0	Officer	$160,750	$6,955	$199,513
Audrey Arvola	LICENSED PRACTICAL NURSE	65.0	Highest	$134,964	$19,804	$154,768
Jennifer Schocke	Licensed Practical Nurse	75.0	Highest	$197,175	$20,298	$217,473
Kristina Martin	DIRECTOR OF NURSING SERVICES	65.0	Highest	$126,241	$2,699	$128,940
Patricia Garrett	REGISTERED NURSE	65.0	Highest	$123,051	$23,048	$146,099
Rachel Simpson	Assistant Director of Nursing	65.0	Highest	$139,343	$5,069	$144,412

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	$13,818,343	$14,482,082	$34,730,069	$-663,739
2023	$12,896,632	$13,390,056	$35,915,749	$-493,424
2022	$13,169,447	$12,422,073	$38,179,591	$747,374
2021	$10,769,004	$12,484,128	$34,852,746	$-1,715,124
2020	$12,216,473	$10,020,543	$35,826,008	$2,195,930
2019	$9,723,203	$9,297,093	$29,704,192	$426,110
2018	$8,565,074	$8,905,063	$4,939,006	$-339,989