RECOVERY MINISTRIES

EIN: 471385150 501(c)(3) Religion

RAYNE, LA

Total Revenue
$227,020
Total Expenses
$228,250
Total Assets
$595,909
Net Assets
$595,909
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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
Phone
2813520206
Tax Period
2018-01-01 to 2018-12-31

RECOVERY MINISTRIES, founded in 2014, is a small nonprofit in the Religion sector that reported $227K in total revenue in fiscal year 2018. Revenue fell 59% from the prior year — a significant decline worth monitoring. Net assets of $596K represent 31 months of operating reserves.

Mission

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES TO ASSIST CURRENT AND FORMER DRUG ADDICTS WITH FOOD, SHELTER, CAREER PLACEMENT AND OPPORTUNITIES TO GET INTRODUCED BACK INTO SOCIETY AND BECOME FUNCTIONING PRODUCTIVE CITIZENS THROGH ASSISTANCE IN AA OR OTHER REHAB PROGRAMS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $227,020
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $227,020

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,500
Fundraising Expenses $0
Program Expenses $162,592
Other Expenses $178,750
TOTAL EXPENSES $228,250

Year-over-Year Comparison

2018 2017 Change
Revenue $227,020 $547,310 -0.6%
Expenses $228,250 $262,908 -0.1%
Net Income $-1,230 $284,402 -1.0%
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

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Governance

Voting Members
3
Independent Members
N/A
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
0
$0
Total Directors
3
$49,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY CORMIER President 60.00
Director
$49,500 $0 $49,500
JACHIN DARDAR Vice President 0.00
Director
$0 $0 $0
RAVI KAMATH Treasurer 0.00
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
2018 $227,020 $228,250 $595,909 $-1,230
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