RECOVERY HOUSE OF CENTRAL FLORIDA I (EIN 593448411) - 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

1997

Legal Domicile

Principal Officer

EDWARD CARR

Phone

4073235857

Tax Period

2023-10-01 to 2024-09-30

RECOVERY HOUSE OF CENTRAL FLORIDA I, founded in 1997, is a small nonprofit in the Mental Health sector that reported $773K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $878K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE EMERGENCY SHELTER, TRANSITIONAL HOUSING, AND RECOVERY SUPPORT SERVICES TO HOMELESS MEN WITH SUBSTANCE ABUSE ISSUES THROUGH FAITH-BASED PROGRAMMING. TO PROMOTE ABSTINENCE FROM DRUGS AND ALCOHOL THROUGH A CURRICULUM OF EDUCATION, COUNSELING, AND 12-STEP MEETINGS AND TO RENEW THE RESIDENT'S SENSE OF RESPONSIBILITY THROUGH DAILY WORK SCHEDULES, HOUSEHOLD CHORES, AND PARENTING CLASSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $529,817

Program Service Revenue $236,551

Investment Income $0

Other Revenue $6,186

TOTAL REVENUE $772,554

Expense Breakdown

Grants Paid $793

Salaries & Benefits $384,339

Fundraising Expenses $0

Program Expenses $781,110

Other Expenses $492,609

TOTAL EXPENSES $877,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$772,554	$866,832	-0.1%
Expenses	$877,741	$816,952	+0.1%
Net Income	$-105,187	$49,880	-3.1%

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

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

$44,759

Total Directors

$44,759

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK VAUGHAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GEORGE DADES	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS C BURKLEY DMD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
EDWARD CARR	EXECUTIVE DI	40.00	Officer Director	$44,759	$0	$44,759
DERRICK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
KIP BEACHAM	DIRECTOR	1.00	Director	$0	$0	$0
J WALLACE SHOETTELKOTTE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE FREDELL	DIRECTOR	1.00	Director	$0	$0	$0
RICK ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MISSY BAKER	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HAGAN JR	DIRECTOR	1.00	Director	$0	$0	$0
BRENDEN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SAM TODD	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
RUBY MCDONALD	DIRECTOR	1.00	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	$772,554	$877,741	$644,463	$-105,187
2023	$866,832	$816,952	$756,300	$49,880
2022	$968,682	$949,386	$420,399	$19,296
2021	$933,186	$882,734	$449,239	$50,452
2020	$982,836	$962,830	$404,059	$20,006
2019	$1,157,823	$1,137,512	$394,813	$20,311
2018	$930,919	$949,898	$410,014	$-18,979

RECOVERY HOUSE OF CENTRAL FLORIDA I