SOLUTIONS RECOVERY INC (EIN 392039973) - Form 990 Financial Analysis & Trantor Score

🔒

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

2005

Legal Domicile

Principal Officer

JOLIE VERVOORT

Phone

9202330888

Tax Period

2023-01-01 to 2023-12-31

SOLUTIONS RECOVERY INC, founded in 2005, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $616K, a strong 35% operating margin.

Mission

TO SUPPORT AND EMPOWER THOSE IMPACTED BY ALCOHOL AND DRUG ADDICTION TO INCREASE THE QUALITY OF LIFE IN OUR COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,612,820

Program Service Revenue $161,570

Investment Income $878

Other Revenue $-4,952

TOTAL REVENUE $1,770,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $596,914

Fundraising Expenses $88,388

Program Expenses $948,125

Other Expenses $557,138

TOTAL EXPENSES $1,154,052

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,770,316	$1,186,381	+0.5%
Expenses	$1,154,052	$748,137	+0.5%
Net Income	$616,264	$438,244	+0.4%

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

Volunteers

100

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

$98,244

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TREVOR FENRICH	EXECUTIVE DI	40.00	Officer	$93,690	$4,554	$98,244
KAYLEIGH CAYCE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE CHAGDES	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
ALLYSON FORD	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON GARNER	DIRECTOR	1.00	Director	$0	$0	$0
ABE NIRSCHL	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN RANDALL	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA SHAFFER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARGARET STRUVE	DIRECTOR	1.00	Director	$0	$0	$0
KYLE THIBODEAU	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOLIE VERVOORT	PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTIN ZELLNER	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,770,316	$1,154,052	$2,582,697	$616,264
2022	$1,186,381	$748,137	$1,498,833	$438,244
2021	$440,440	$330,949	$581,092	$109,491
2020	$307,565	$138,456	$434,647	$169,109
2019	$147,782	$145,046	$269,761	$2,736
2018	$178,071	$163,090	$263,622	$14,981

SOLUTIONS RECOVERY INC