SERENITY RECOVERY CENTERS INC (EIN 620857801) - 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

1971

Legal Domicile

Principal Officer

PAULA HOPPER

Phone

9015211131

Tax Period

2023-07-01 to 2024-06-30

SERENITY RECOVERY CENTERS INC, founded in 1971, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 28% operating margin.

Mission

TO ENCOURAGE AND PROVIDE TREATMENT TO ADDICTS AND THEIR FAMILIES IN THE COMMUNITY THROUGH COUNSELING, EDUCATION, AND ADVOCACY IN ORDER TO STRENGTHEN AND ENRICH THEIR LIVES.

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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 $36,912

Program Service Revenue $6,951,498

Investment Income $1,793

Other Revenue $0

TOTAL REVENUE $6,990,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,861,274

Fundraising Expenses $84,958

Program Expenses $4,142,672

Other Expenses $2,143,978

TOTAL EXPENSES $5,005,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,990,203	$5,076,316	+0.4%
Expenses	$5,005,252	$4,704,491	+0.1%
Net Income	$1,984,951	$371,825	+4.3%

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

$207,699

Total Directors

$207,699

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA HOPPER	EXECUTIVE DIRECTOR	60.00	Officer Director	$148,926	$0	$148,926
DEMAR ROBERTS	DIRECTOR	0.25	Director	$0	$0	$0
KRISTIN LAYMAN NORWOOD	DIRECTOR	0.25	Director	$0	$0	$0
JOSEPH STEFFNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR MARIO JOHNSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR DEAUNTE THOMPSON	SECRETARY - TREASURER	1.00	Officer Director	$0	$0	$0
CLIFTON CARTER	FISCAL DIRECTOR	40.00	Officer Director	$58,773	$0	$58,773
MICHAEL FULTON	DIRECTOR	0.25	Director	$0	$0	$0
RACHEL SULLIVAN	DIRECTOR	0.25	Director	$0	$0	$0
THOMAS SHEDDAN	DIRECTOR	0.25	Director	$0	$0	$0
ARIELL GIPSON MARTIN	DIRECTOR	0.25	Director	$0	$0	$0
ZAYID SALEEM	DIRECTOR	0.25	Director	$0	$0	$0
JAMES CONNERS	DIRECTOR	0.25	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
2025	No data	No data	No data	No data
2024	$6,990,203	$5,005,252	$8,425,312	$1,984,951
2023	$5,076,316	$4,704,491	$6,245,576	$371,825
2022	$4,362,545	$4,131,800	$5,763,119	$230,745
2021	$4,686,322	$3,911,252	$5,886,649	$775,070
2020	$3,898,598	$3,920,583	$4,993,100	$-21,985
2019	$4,007,091	$3,778,316	$5,141,336	$228,775
2018	$3,486,259	$3,380,641	$5,008,902	$105,618

SERENITY RECOVERY CENTERS INC