ROCKNRECOVERY INC (EIN 474513941) - 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

GERI FASANO

Phone

7323061072

Tax Period

2023-01-01 to 2023-12-31

ROCKNRECOVERY INC, founded in 2015, is a micro nonprofit in the Human Services sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $16K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE SHORT TERM ASSISTANCE RESOURCES TO MUSIC PROFESSIONALS IN TIMES OF NEED.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,288

Program Service Revenue $0

Investment Income $0

Other Revenue $12,274

TOTAL REVENUE $13,562

Expense Breakdown

Grants Paid $6,355

Salaries & Benefits $0

Fundraising Expenses $1,562

Program Expenses $14,679

Other Expenses $9,886

TOTAL EXPENSES $16,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,562	$67,064	-0.8%
Expenses	$16,241	$62,791	-0.7%
Net Income	$-2,679	$4,273	-1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERI FASANO	PRESIDENT	010.00	Officer	$0	$0	$0
MELODY MAGERA	TREASURER/ACTING SECRETARY	005.00	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
2023	$13,562	$16,241	$5,817	$-2,679
2022	$67,064	$62,791	$8,496	$4,273
2021	$165,526	$177,154	$4,223	$-11,628

ROCKNRECOVERY INC