FAVOR GRAND STRAND (EIN 461206306) - 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

2012

Legal Domicile

Principal Officer

DR RENEE CAUSEY

Phone

8434881011

Tax Period

2024-01-01 to 2024-12-31

FAVOR GRAND STRAND, founded in 2012, is a small nonprofit in the Mental Health sector that reported $252K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $329K exceeded revenue, resulting in a 31% operating deficit.

Mission

PROMOTE LONG-TERM RECOVERY FROM SUBSTANCE USE DISORDER THROUGH SUPPORT, EDUCATION AND ADVOCACY. TO WORK WITH INDIVIDUALS EXPERIENCING SUBSTANCE USE DISORDERS, FAMILY MEMBERS AND THE COMMUNITY TO FOSTER RECOVERY.

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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 $242,839

Program Service Revenue $4,700

Investment Income $4,011

Other Revenue $0

TOTAL REVENUE $251,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,180

Fundraising Expenses $0

Program Expenses $289,318

Other Expenses $88,816

TOTAL EXPENSES $328,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$251,550	$276,743	-0.1%
Expenses	$328,996	$245,853	+0.3%
Net Income	$-77,446	$30,890	-3.5%

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

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

$126,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AYLA HEMEON	INSTITUTIONAL TRUSTEE	0.00	Director	$0	$0	$0
JOHN LAROCHELLE	INSTITUTIONAL TRUSTEE	0.00	Director	$0	$0	$0
RENEE R CAUSEY	DIRECTOR	40.00	Officer	$125,000	$1,000	$126,000

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	$251,550	$328,996	$108,820	$-77,446
2024	No data	No data	No data	No data
2023	$276,743	$245,853	$139,234	$30,890
2022	$205,145	$187,043	$105,013	$18,102
2021	$205,401	$143,684	$84,973	$61,717
2020	$40,916	$33,328	$23,256	$7,588

FAVOR GRAND STRAND