FOUNDATION OF RECOVERY INC (EIN 474047378) - 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

2015

Legal Domicile

Principal Officer

RAYMOND COMPAGNA

Tax Period

2022-01-01 to 2022-12-31

FOUNDATION OF RECOVERY INC, founded in 2015, is a small nonprofit in the Mental Health sector that reported $177K in total revenue in fiscal year 2022. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $200K exceeded revenue, resulting in a 13% operating deficit.

Mission

FOUNDATION OF RECOVERY (FOR) IS SPECIFICALLY ORGANIZED TO COMBAT THE EPIDEMIC OF HEROIN AND OPIATE DRUG ABUSE AND OTHER ADDICTIVE PROCESSES AND SUBSTANCES, BY PROVIDING EDUCATIONAL, MEDICAL, REHABILITATIONAL AND OTHER FORMS OF TREATMENT, AID, AND RESOURCES TO INDIVIDUALS THAT SUFFER FROM SUCH ADDICTIONS AND/OR ENTITIES ENGAGED IN PROVIDING EDUCATION, TREATMENT, REHABILITATION AND/OR AID TO SUCH INDIVIDUALS. THE PURPOSE OF FOR IS TO COMBAT THE EFFECTS OF HEROIN AND OTHER ADDICTIONS BY PROVIDING AID AND OTHER OPPORTUNITIES TO THOSE PROVIDING AND RECEIVING TREATMENT, IN PART, BY PROVIDING EDUCATIONAL AND SERVICE-WORK PROGRAMS AND OPPORTUNITIES TO PATIENTS IN TREATMENT CLINICS, TRAINING AND SUPPLYING MEDICAL PROFESSIONALS FOR THEIR TREATMENT AND CARE, AS WELL AS OTHER EDUCATIONAL, SOCIAL AND ECONOMIC OPPORTUNITIES AND AID TO PATIENTS AND ENTITIES SERVING THEM. FOR ALSO INFORMS THE PUBLIC ON THE ISSUES AND EFFECTS OF ADDICTION AND PROVIDE SUPPORT FOR ENTITIES PURSUING COMPLEMENTARY GOALS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $125,795

Program Service Revenue $44,390

Investment Income $6,387

Other Revenue $0

TOTAL REVENUE $176,572

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,458

Other Expenses $199,872

TOTAL EXPENSES $199,872

Year-over-Year Comparison

	2022	2021	Change
Revenue	$176,572	$105,017	+0.7%
Expenses	$199,872	$109,357	+0.8%
Net Income	$-23,300	$-4,340	+4.4%

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

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
CAROL BADEN	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER CAUNIN	BOARD MEMBER	2.00	Director	$0	$0	$0
RAYMOND COMPAGNA	BOARD PRES/T	10.00	Officer Director	$0	$0	$0
TORI FOLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN MELOY	SECY/TRUSTEE	2.00	Officer Director	$0	$0	$0
SHAWN RYAN	VP/TRUSTEE	5.00	Officer Director	$0	$0	$0
DAVID SCHIERING	BOARD MEMBER	2.00	Director	$0	$0	$0
ANNE ZIMMERMAN	TREASURER	4.00	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
2022	$176,572	$199,872	$180,844	$-23,300
2021	$105,017	$109,357	$204,460	$-4,340
2020	$137,902	$190,586	$208,638	$-52,684
2019	$1,174,094	$1,220,556	$304,148	$-46,462
2018	$1,122,887	$1,003,079	$309,043	$119,808

FOUNDATION OF RECOVERY INC