CAME TO BELIEVE RECOVERY INC (EIN 474382037) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

THOMAS R WILLIAMS

Phone

9738799522

Tax Period

2024-01-01 to 2024-12-31

CAME TO BELIEVE RECOVERY INC, founded in 2015, is a small nonprofit in the Mental Health sector that reported $573K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

CAME TO BELIVE RECOVERY STRIVES TO CREATE LIFE-CHANGING SPIRITUAL EXPERIENCES FOR THE RECOVERY OF INDIVIDUALS AND FAMILIES SUFFERING FROM ALL FORMS OF ADDICTION BY CONTINUING THE LEGACY OF THE SPIRITUAL PRINCIPLES ON WHICH THE 12 STEPS OF RECOVERY WERE FOUNDED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $355,095

Program Service Revenue $221,115

Investment Income $0

Other Revenue $-3,475

TOTAL REVENUE $572,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,731

Fundraising Expenses $86,312

Program Expenses $408,949

Other Expenses $309,532

TOTAL EXPENSES $581,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$572,735	$485,532	+0.2%
Expenses	$581,263	$517,283	+0.1%
Net Income	$-8,528	$-31,751	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$108,949

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS R WILLIAMS	CEO	70.00	Officer	$89,791	$19,158	$108,949
DOLORES CUNNIFFE	President	8.00	Officer Director	$0	$0	$0
STEPHEN FOREMAN	Treasurer	8.00	Officer Director	$0	$0	$0
KAROLYN S FOREMAN	Secretary	4.00	Officer Director	$0	$0	$0
PATRICK GRACE	Director	0.50	Director	$0	$0	$0
BRETT FADELY	Director	0.50	Director	$0	$0	$0
BJ RAPP	Director	0.50	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	$572,735	$581,263	$30,433	$-8,528
2023	$485,532	$517,283	$21,875	$-31,751
2022	$484,151	$495,090	$23,160	$-10,939
2021	$367,994	$397,754	$15,640	$-29,760
2020	$244,597	$256,561	$33,044	$-11,964
2019	$222,258	$227,282	$44,724	$-5,024
2018	$200,241	$177,434	$33,890	$22,807

CAME TO BELIEVE RECOVERY INC