THE RECOVERY FOUNDATION INC

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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

2021

Legal Domicile

Principal Officer

JOHN B STEELE III

Phone

4249005445

Tax Period

2022-01-01 to 2022-12-31

THE RECOVERY FOUNDATION INC, founded in 2021, is a micro nonprofit in the Human Services sector that reported $86K in total revenue in fiscal year 2022. Expenses of $74K left a modest 14% surplus.

Mission

OUR NONPROFIT'S MISSION IS TO PROVIDE A SAFE, FUN, PROGRAM-ORIENTED SETTING WHERE RESIDENTS CAN FIND PURPOSE, PROGRESS, AND BUILD A FOUNDATION FOR A LIFE THAT IS NOT ONLY FREE OF DRUGS AND ALCOHOL, BUT FLOURISHING IN ALL ASPECTS.

Program Service Accomplishments

Program 1

Expenses: $73,271 Revenue: $66,365

THE RECOVERY FOUNDATION OFFICIALLY OPENED SEPTEMBER 29TH, 2022. DURING THAT TIME, WE HAVE SERVED A TOTAL OF 13 CLIENTS THROUGH THE END OF YEAR. WHAT IS REMARKABLE IS 5 OF THEM COMPLETED 90 DAYS OF...

THE RECOVERY FOUNDATION OFFICIALLY OPENED SEPTEMBER 29TH, 2022. DURING THAT TIME, WE HAVE SERVED A TOTAL OF 13 CLIENTS THROUGH THE END OF YEAR. WHAT IS REMARKABLE IS 5 OF THEM COMPLETED 90 DAYS OF PROGRAMMING AND MOVED OUT OF THE PROGRAM. THAT IS ALMOST 40% COMPLETION RATE. THEY ARE REQUIRED TO ATTEND HOUSE MEETINGS, GETTING AND MAINTAINING EMPLOYMENT AND ABOVE ALL ELSE CONSISTENT AND MAINTAINED SOBRIETY THROUGH AN ACTIVE RECOVERY COMMUNITY. OUR NONPROFIT'S MISSION IS TO PROVIDE A SAFE, FUN, PROGRAM- ORIENTED SETTING WHERE RESIDENTS CAN FIND PURPOSE, PROGRESS AND BUILD A FOUNDATION FOR A LIFE THAT IS NOT ONLY FREE OF DRUGS AND ALCOHOL, BUT FLOURISHING IN ALL ASPECTS. WE BELIEVE WE ARE PROVIDING ALL OF THIS AND BEYOND.

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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 $19,600

Program Service Revenue $66,365

Investment Income $0

Other Revenue $0

TOTAL REVENUE $85,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $73,271

Other Expenses $73,920

TOTAL EXPENSES $73,920

Year-over-Year Comparison

	2022	2021	Change
Revenue	$85,965	N/A	N/A
Expenses	$73,920	N/A	N/A
Net Income	$12,045	N/A	N/A

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
VANESSA J GRECO	DIRECTOR, CF	1.00	Officer Director	$0	$0	$0
JOHN B STEELE III	DIRECTOR/CEO	1.00	Officer Director	$0	$0	$0
BRANDY J VALDEZ	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
2022	$85,965	$73,920	$12,045	$12,045