LIFE RECOVERY SERVICES INC

EIN: 473067167 501(c)(3)

Oklahoma City, OK

Total Revenue
$274,823
Total Expenses
$344,655
Total Assets
$10,309
Net Assets
$-134,489
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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
2015
Legal Domicile
OK
Tax Period
2020-07-01 to 2021-06-30

LIFE RECOVERY SERVICES INC, founded in 2015, is a small nonprofit that reported $275K in total revenue in fiscal year 2020. Expenses of $345K exceeded revenue, resulting in a 25% operating deficit.

Mission

MENTAL HEALTH AND SUBSTANCE ABUSE COUNSELING SERVICES

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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 (2020)

Revenue Breakdown

Contributions & Grants $266,003
Program Service Revenue $8,814
Investment Income $6
Other Revenue $0
TOTAL REVENUE $274,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,177
Fundraising Expenses $0
Program Expenses $342,089
Other Expenses $270,478
TOTAL EXPENSES $344,655

Year-over-Year Comparison

2020 2019 Change
Revenue $274,823 $289,085 0.0%
Expenses $344,655 $322,362 +0.1%
Net Income $-69,832 $-33,277 +1.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
6
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SABRINA DEQUASIE MEMBER 0.00
Director
$0 $0 $0
MEAGAN TAYLOR MEMBER 0.00
Director
$0 $0 $0
JENNIFER CONGDON MEMBER 0.00
Director
$0 $0 $0
SHELLEY FORD TREASURER 0.00
Officer
$0 $0 $0
BRETT EASTER PRESIDENT 0.00
Officer
$0 $0 $0
FAITH ALLISS VICE PRESIDENT 0.00
Officer
$0 $0 $0
LINDA WILLIAMS SECRETARY 0.00
Officer
$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
2021 $274,823 $344,655 $10,309 $-69,832
2021 $274,823 $377,592 $10,309 $-102,769
2020 $289,085 $322,362 $106,951 $-33,277
2020 $289,085 $317,034 $106,951 $-27,949
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