Providence Recovery Centers Inc (EIN 464198395) - 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

Stacy Jo Dorsey

Phone

9512356342

Tax Period

2023-01-01 to 2023-12-31

Providence Recovery Centers Inc, founded in 2014, is a small nonprofit in the Mental Health sector that reported $270K in total revenue in fiscal year 2023. The organization ran a surplus of $41K, a strong 15% operating margin.

Mission

Operate residential drug and alcohol recovery centers and sober living residence.

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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 $24,451

Program Service Revenue $243,792

Investment Income $0

Other Revenue $1,810

TOTAL REVENUE $270,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,311

Program Expenses $142,149

Other Expenses $229,299

TOTAL EXPENSES $229,299

Year-over-Year Comparison

	2023	2022	Change
Revenue	$270,053	$267,962	+0.0%
Expenses	$229,299	$143,037	+0.6%
Net Income	$40,754	$124,925	-0.7%

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

N/A

Volunteers

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacy Jo Dorsey	CEO	65.00	Officer Director	$0	$0	$0
Jon Dorsey	CFO	40.00	Officer 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	$270,053	$229,299	$171,844	$40,754
2022	$267,962	$143,037	$205,480	$124,925
2021	$420,715	$201,383	$84,656	$219,332
2020	$159,517	$268,602	$102,423	$-109,085
2019	$52,399	$64,315	$65,204	$-11,916

Providence Recovery Centers Inc