CARIBBEAN 12 STEP 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

2013

Legal Domicile

Principal Officer

MERRI B HALLOCK

Phone

2159013434

Tax Period

2024-01-01 to 2024-12-31

CARIBBEAN 12 STEP INC, founded in 2013, is a small nonprofit in the Diseases & Disorders sector that reported $211K in total revenue in fiscal year 2024. Expenses of $273K exceeded revenue, resulting in a 29% operating deficit.

Mission

Provide safe comfortable meeting and social facilities for individuals recovering from addiction and their families. Group donations for meeting space rental is a program service to approximately 1,300 participants monthly. Facility overhead and salaries support the program but they are not direct expense.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $26,712

Facility overhead and salaries support program but they are not direct expense. We serve the community and facility members. We operate 365 days per year.

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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 (2024)

Revenue Breakdown

Contributions & Grants $164,467

Program Service Revenue $26,712

Investment Income $0

Other Revenue $20,023

TOTAL REVENUE $211,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,047

Fundraising Expenses $0

Program Expenses $0

Other Expenses $198,665

TOTAL EXPENSES $272,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,202	$210,911	+0.0%
Expenses	$272,712	$247,669	+0.1%
Net Income	$-61,510	$-36,758	+0.7%

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

N/A

Employees

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
Hector Cordero	Board Member	9	Director	$0	$0	$0
Nicholas Ball	Board Member	2	Director	$0	$0	$0
Arturo Urbina	Board Member	1	Director	$0	$0	$0
Francisco Ortiz	Board Member	1	Director	$0	$0	$0
Lyle Swanson	Vice President/Treasurer	2	Officer	$0	$0	$0
Chris Holsman	Secretary	2	Officer	$0	$0	$0
Merri B Hallock	President	10	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
2024	$211,202	$272,712	$558,635	$-61,510
2023	$210,911	$247,669	$619,453	$-36,758
2022	$245,706	$77,213	$659,350	$168,493
2021	$376,858	$31,165	$506,069	$345,693