LIVE RITE STRUCTURED RECOVERY CORP (EIN 812088587) - 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

2016

Legal Domicile

Principal Officer

BRENDA MAKS

Phone

5862175899

Tax Period

2023-01-01 to 2023-12-31

LIVE RITE STRUCTURED RECOVERY CORP, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.4M left a modest 4% surplus.

Mission

TO REDUCE THE STIGMA AND PROVIDE RESOURCES, EDUCATION, AND FUNDING TO THE PERSON AND THEIR FAMILIES IN RECOVERY FROM SUBSTANCE USE DISORDER AND MENTAL ILLNESS

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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 $1,355,356

Program Service Revenue $0

Investment Income $0

Other Revenue $65,046

TOTAL REVENUE $1,420,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $783,142

Fundraising Expenses $0

Program Expenses $1,228,526

Other Expenses $584,058

TOTAL EXPENSES $1,367,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,420,402	$1,318,905	+0.1%
Expenses	$1,367,200	$1,262,180	+0.1%
Net Income	$53,202	$56,725	-0.1%

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

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

$107,999

Total Directors

$158,102

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA MAKS	PRESIDENT	12.00	Officer Director	$107,999	$0	$107,999
JIM CHANEY	BOARD MEMBER	0.00	Director	$50,103	$0	$50,103
DAWN LARIDON	BOARD MEMBER	0.00	Officer Director	$0	$0	$0
DIANNE DESANO	BOARD MEMBER	0.00	Officer Director	$0	$0	$0
MATTHEW DESANO	BOARD MEMBER	0.00	Director	$0	$0	$0
TIM CLARK	BOARD MEMBER	0.00	Director	$0	$0	$0
PATRICK KUCWAY	BOARD MEMBER	0.00	Director	$0	$0	$0
ZACH ULEWICZ	BOARD MEMBER	0.00	Director	$0	$0	$0
JACKIE BROWN	BOARD MEMBER	0.00	Director	$0	$0	$0
KUMAR GIRI	BOARD MEMBER	0.00	Director	$0	$0	$0
REBECCA FROLKA	BOARD MEMBER	0.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,420,402	$1,367,200	$1,082,371	$53,202
2022	$1,318,905	$1,262,180	$1,040,944	$56,725
2021	$826,023	$735,310	$1,037,743	$90,713
2020	$485,430	$442,982	$993,082	$42,448
2019	$424,282	$441,191	$972,433	$-16,909

LIVE RITE STRUCTURED RECOVERY CORP