PENFIELD ADDICTION MINISTRIES INC (EIN 581368663) - 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

1977

Principal Officer

MICHAEL D WALKER

Phone

7064539996

Tax Period

2022-01-01 to 2022-12-31

PENFIELD ADDICTION MINISTRIES INC, founded in 1977, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. Expenses of $3.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

PENFIELD IS A CHRISTIAN RECOVERY PROGRAM FOR RECLAIMING THE LIVES OF ADULT MEN AND WOMEN SUFFERING FROM ADDICTION TO DRUGS AND ALCOHOL.

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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 $847,461

Program Service Revenue $1,718,041

Investment Income $3,447

Other Revenue $0

TOTAL REVENUE $2,568,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,488,627

Fundraising Expenses $49,545

Program Expenses $1,854,749

Other Expenses $1,494,965

TOTAL EXPENSES $2,983,592

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,568,949	$2,970,333	-0.1%
Expenses	$2,983,592	$3,031,286	0.0%
Net Income	$-414,643	$-60,953	+5.8%

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

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
HAROLD EUBANK	BOARD MEMBER	N/A	Director	$0	$0	$0
BRUCE GEORGIA	CHAIRSPERSON	N/A	Director	$0	$0	$0
LAURA GUINADE	BOARD MEMBER	N/A	Director	$0	$0	$0
ANDY PERRYMAN	EX OFFICIO	N/A	Director	$0	$0	$0
RICK STANDARD	BOARD MEMBER	N/A	Director	$0	$0	$0
SARAH STANFIELD	BOARD MEMBER	N/A	Director	$0	$0	$0
RICKY THRASHER	EX OFFICIO	N/A	Director	$0	$0	$0
PHIL TREADWAY	CHAIRPERSON	N/A	Director	$0	$0	$0
WESLEY TREADWAY	PAST CHAIRPE	N/A	Officer Director	$0	$0	$0
MICHAEL D WALKER	CEO	N/A	Officer Director	$0	$0	$0
REV JEFFREY WELLS	TREASURER	N/A	Officer 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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$2,568,949	$2,983,592	$2,896,271	$-414,643
2021	$2,970,333	$3,031,286	$3,050,598	$-60,953
2020	$2,627,715	$2,609,551	$2,430,798	$18,164
2019	$2,626,696	$2,506,332	$2,372,906	$120,364

PENFIELD ADDICTION MINISTRIES INC