GREAT LAKES RECOVERY CENTERS INC (EIN 382453316) - 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

1982

Legal Domicile

Principal Officer

GREGORY M TOUTANT

Phone

9062289699

Tax Period

2022-10-01 to 2023-09-30

GREAT LAKES RECOVERY CENTERS INC, founded in 1982, is a mid-sized nonprofit in the Mental Health sector that reported $13.1M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $11.2M left a modest 15% surplus.

Mission

TO EMPOWER RECOVERY THROUGH HOPE AND CHANGE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,690,707

Program Service Revenue $9,066,610

Investment Income $39,363

Other Revenue $324,972

TOTAL REVENUE $13,121,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,227,796

Fundraising Expenses $69,742

Program Expenses $9,264,644

Other Expenses $2,870,027

TOTAL EXPENSES $11,167,565

Year-over-Year Comparison

	2022	2021	Change
Revenue	$13,121,652	$11,468,210	+0.1%
Expenses	$11,167,565	$10,198,307	+0.1%
Net Income	$1,954,087	$1,269,903	+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

288

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

$233,154

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY AMTMANN	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDSEY BUTORAC	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD GRAYBILL	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB JAMROS	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN AYOTTE	DIRECTOR	1.00	Director	$0	$0	$0
SUE BURCAR	DIRECTOR	1.00	Director	$0	$0	$0
JIM DIVINE	DIRECTOR	1.00	Director	$0	$0	$0
LAMART HIGHTOWER	DIRECTOR	1.00	Director	$0	$0	$0
TYLER JENEMA	DIRECTOR	1.00	Director	$0	$0	$0
CHAD RADABAUGH	DIRECTOR	1.00	Director	$0	$0	$0
KATHY REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN RINGEL	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ROBYN STILLE	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY M TOUTANT	CHIEF EXECUTIVE OFFICER	40.00	Officer	$162,123	$396	$162,519
TRACY BUSSE	CHIEF FINANCIAL OFFICER/CONTROLLER	40.00	Officer	$61,570	$9,065	$70,635
DEAN BORLACE	CHIEF FINANCIAL OFFICER	40.00	Officer	$0	$0	$0
DONALD WENDRICK	CRISIS SERVICES THERAPIST	40.00	Highest	$110,967	$162	$111,129

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
2023	$13,121,652	$11,167,565	$10,003,078	$1,954,087
2022	$11,468,210	$10,198,307	$6,780,237	$1,269,903
2021	$9,742,781	$9,567,531	$7,175,220	$175,250
2020	$9,003,403	$8,399,527	$7,155,332	$603,876
2019	$7,787,892	$7,563,830	$5,394,074	$224,062

GREAT LAKES RECOVERY CENTERS INC