TWIN CITIES RECOVERY PROJECT INC (EIN 813024536) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

LaTricia Tate

Phone

6128862045

Tax Period

2023-01-01 to 2023-12-31

TWIN CITIES RECOVERY PROJECT INC, founded in 2016, is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

Twin Cities Recovery Project lnc's mission is to offer assistance and support to those suffering from substance use disorder in their transition toward lifestyles of health and productivity by offering a drug free environment as well as resources to develop the whole person.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,104,377

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,104,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $710,750

Fundraising Expenses $176,887

Program Expenses $689,063

Other Expenses $375,481

TOTAL EXPENSES $1,086,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,104,377	$770,762	+0.4%
Expenses	$1,086,231	$764,842	+0.4%
Net Income	$18,146	$5,920	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$104,213

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LATRICIA TATE	PRESIDENT/CEO	40	Officer	$104,213	$0	$104,213
George Lewis	Board Member	0	Director	$0	$0	$0
Joe Banks	Chairman	0	Director	$0	$0	$0
Corrie Visaint	Board Member	0	Director	$0	$0	$0
CJ Jessup	Board Member	0	Director	$0	$0	$0
Dora Wright	Board Member	0	Director	$0	$0	$0
Jonathan Lofgrenn	Board Member	0	Director	$0	$0	$0
Julia Shannon	Secretary	0	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	No data	No data	No data	No data
2023	$1,104,377	$1,086,231	$352,701	$18,146
2022	$770,762	$764,842	$123,144	$5,920
2021	$628,262	$636,198	$81,849	$-7,936
2020	$586,938	$521,423	$118,505	$65,515

TWIN CITIES RECOVERY PROJECT INC