MAINE ASSOCIATION OF RECOVERY RESIDENCES (EIN 813043488) - 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

Phone

2072285456

Tax Period

2023-01-01 to 2023-12-31

MAINE ASSOCIATION OF RECOVERY RESIDENCES, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $658K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE ORGANIZATIONAL SUPPORT AND KNOWLEDGE-BASED RESOURCES TO THE OPERATORS OF RECOVERY RESIDENCIES IN MAINE

🔒

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 $81,428

Program Service Revenue $576,797

Investment Income $0

Other Revenue $0

TOTAL REVENUE $658,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,442

Fundraising Expenses $21,368

Program Expenses $607,875

Other Expenses $415,656

TOTAL EXPENSES $648,098

Year-over-Year Comparison

	2023	2022	Change
Revenue	$658,225	$369,211	+0.8%
Expenses	$648,098	$329,527	+1.0%
Net Income	$10,127	$39,684	-0.7%

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

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
Scott Pardy	President	3.00	Director	$0	$0	$0
Michael Bosse	Treasurer	3.00	Director	$0	$0	$0
Joshua Leonard	Secretary & Affiliate Liaison	3.00	Director	$0	$0	$0
Jonathan Sahrbeck	Board Member	3.00	Director	$0	$0	$0
Kerry MacDonald	Vice-President	3.00	Director	$0	$0	$0
Steve Danzig	Board Member	3.00	Director	$0	$0	$0
Eric H Small	Board Member	3.00	Director	$0	$0	$0
Catharine MacLaren	Board Member	3.00	Director	$0	$0	$0
Jamie Lebish	Board Member	3.00	Director	$0	$0	$0
Colleen Madigan	Board Member	3.00	Director	$0	$0	$0
Evan Gleason	Board Member	3.00	Director	$0	$0	$0
Ron Springel MD	Executive Director	40.00	Officer Key Emp Highest	$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	$658,225	$648,098	$87,626	$10,127
2022	$369,211	$329,527	$77,657	$39,684

MAINE ASSOCIATION OF RECOVERY RESIDENCES