ADDICTION TREATMENT SERVICES INC (EIN 382032908) - 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

1974

Legal Domicile

Principal Officer

PAULA LIPINSKI

Phone

2319224880

Tax Period

2023-10-01 to 2024-09-30

ADDICTION TREATMENT SERVICES INC, founded in 1974, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

IT IS THE MISSION OF ADDICTION TREATMENT SERVICES, INC. TO PROVIDE TREATMENT SERVICES FOR THE HEALING AND RECOVERY OF CHEMICALLY DEPENDENT MEN, WOMEN AND THEIR FAMILIES IN NORTHERN MICHIGAN REGARDLESS OF THEIR ECONOMIC ABILITIES.

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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 $609,855

Program Service Revenue $5,896,392

Investment Income $-41,301

Other Revenue $0

TOTAL REVENUE $6,464,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,488,072

Fundraising Expenses $113,223

Program Expenses $5,302,541

Other Expenses $1,964,941

TOTAL EXPENSES $6,453,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,464,946	$5,709,153	+0.1%
Expenses	$6,453,013	$5,686,877	+0.1%
Net Income	$11,933	$22,276	-0.5%

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

146

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

$434,033

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY CANNON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JESSICA EDSON	TREASURER THRU 11/1/23	1.00	Officer Director	$0	$0	$0
CARRIE ULLERY-SMITH	SECRETARY	1.00	Director	$0	$0	$0
GABRIEL JANOWIAK	MEMBER	1.00	Director	$0	$0	$0
DOUGLAS SPENCER JR	MEMBER	1.00	Director	$0	$0	$0
LIZ BLUME	MEMBER	1.00	Director	$0	$0	$0
MALLORY SZCZEPANSKI	MEMBER	1.00	Director	$0	$0	$0
JUSTIN MARCUM	MEMBER	1.00	Director	$0	$0	$0
SCOTT ALMQUIST	MEMBER AS OF 4/1/24	1.00	Director	$0	$0	$0
JESSE LEWITT	MEMBER THRU 2/8/24	1.00	Director	$0	$0	$0
SPENCER SILK	MEMBER THRU 6/30/24	1.00	Director	$0	$0	$0
PAULA LIPINSKI	CEO	45.00	Officer	$93,727	$10,907	$104,634
DAVID ANDREWS	CFO THRU 6/11/24	45.00	Officer	$81,968	$0	$81,968
LUKE CRIMMINS	CFO AS OF 6/12/24	1.00	Officer	$81,995	$6,413	$88,408
MARK PATRICK	COO	45.00	Officer	$62,178	$18,301	$80,479
SUSAN CONNOR-HERRERA	CCO	45.00	Officer	$70,804	$7,740	$78,544
JULIE MOORE	EXEC DIR OF HEALTH SERVICES	45.00	Highest	$117,835	$10,092	$127,927

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	$6,464,946	$6,453,013	$4,676,268	$11,933
2023	$5,709,153	$5,686,877	$3,825,206	$22,276
2022	$6,568,368	$4,776,202	$3,706,296	$1,792,166
2021	$5,474,833	$4,870,919	$1,811,891	$603,914
2020	$4,547,302	$4,747,205	$1,938,868	$-199,903
2019	$4,933,901	$4,823,639	$1,417,119	$110,262
2018	$4,690,573	$4,562,086	$1,270,860	$128,487

ADDICTION TREATMENT SERVICES INC