Perimeter Recovery Residence Inc (EIN 464104669) - 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

2014

Legal Domicile

Principal Officer

Albert Friddle

Phone

4045579632

Tax Period

2024-01-01 to 2024-12-31

Perimeter Recovery Residence Inc, founded in 2014, is a small nonprofit in the Mental Health sector that reported $188K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $173K left a modest 8% surplus.

Mission

Provide suppor for adult males recovering from drugs and alcohol addictions

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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 $10,000

Program Service Revenue $178,215

Investment Income $0

Other Revenue $0

TOTAL REVENUE $188,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,139

Fundraising Expenses $0

Program Expenses $141,086

Other Expenses $144,288

TOTAL EXPENSES $173,427

Year-over-Year Comparison

	2024	2023	Change
Revenue	$188,215	$141,810	+0.3%
Expenses	$173,427	$154,900	+0.1%
Net Income	$14,788	$-13,090	-2.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Jeff Curnin	Board Member	Director	$0	$0	$0
Ning Zhang	Board Member	Director	$0	$0	$0
Randy Sherman	Board Member	Director	$0	$0	$0
Durance Lowendic	Board Member	Director	$0	$0	$0
Albert Friddle	President	Officer Director Highest	$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	$188,215	$173,427	$41,788	$14,788
2023	$131,810	$155,900	$28,125	$-24,090
2022	$108,602	$105,377	$21,378	$3,225
2021	$109,937	$109,937	$25,755	No data
2018	$97,715	$96,073	$44,877	$1,642
2017	$117,390	$89,115	$44,763	$28,275

Perimeter Recovery Residence Inc