B RILEY SOBER HOUSE (EIN 814500441) - 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

RAFAEL CORREA

Phone

2164174831

Tax Period

2024-01-01 to 2024-12-31

B RILEY SOBER HOUSE, founded in 2016, is a community nonprofit in the Mental Health sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.7M exceeded revenue, resulting in a 10% operating deficit.

Mission

PRIMARY PURPOSE IS TO EMPOWER THE LGBTQ+ AND ALLY COMMUNITIES BY OFFERING INCLUSIVE, PROGRESSIVE, AND ENDURING RECOVERY PROGRAMS THAT NURTURE AND ENSURE DIGNITY, PROMOTE DIVERSITY, AND ADVOCATE FOR EQUITABLE ACCESS TO WHOLE-PERSON HEALTHCARE.

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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 $399,921

Program Service Revenue $2,036,694

Investment Income $7,889

Other Revenue $0

TOTAL REVENUE $2,444,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,588,274

Fundraising Expenses $219,140

Program Expenses $1,679,366

Other Expenses $1,101,104

TOTAL EXPENSES $2,689,378

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,444,504	$2,239,116	+0.1%
Expenses	$2,689,378	$1,963,814	+0.4%
Net Income	$-244,874	$275,302	-1.9%

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

$359,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAFAEL CORREA	EXECUTIVE DI	40.00	Officer	$268,731	$9,037	$277,768
LEON CORELL	CFO	40.00	Officer	$75,490	$6,545	$82,035
KENNETH ALEXANDER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KELLY GREEN	DIRECTOR	2.00	Director	$0	$0	$0
DAVID HERRING	DIRECTOR	2.00	Director	$0	$0	$0
BETSY KONYA	DIRECTOR	2.00	Director	$0	$0	$0
TAMARA LEWIS	DIRECTOR	2.00	Director	$0	$0	$0
HENRY QUINTANA	DIRECTOR	2.00	Director	$0	$0	$0
TY STIMPERT	PRESIDENT	2.00	Officer Director	$0	$0	$0
CJ THOMPSON	DIRECTOR	2.00	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
2024	$2,444,504	$2,689,378	$1,144,876	$-244,874
2023	$2,239,116	$1,963,814	$682,694	$275,302
2022	$1,436,710	$982,419	$451,028	$454,291
2021	$506,020	$496,516	$28,083	$9,504

B RILEY SOBER HOUSE