Spirit - Peers for Independence & Recovery Inc (EIN 820546046) - 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

1997

Legal Domicile

Principal Officer

Jennifer Morrill

Phone

5302741431

Tax Period

2024-07-01 to 2025-06-30

Spirit - Peers for Independence & Recovery Inc, founded in 1997, is a small nonprofit in the Mental Health sector that reported $578K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

We provide acceptance, support,education, and advocacy, supporting people as they identify their path to recovery and empower themselves to achieve their personal goals.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $578,022

Program Service Revenue $0

Investment Income $288

Other Revenue $0

TOTAL REVENUE $578,310

Expense Breakdown

Grants Paid $0

Salaries & Benefits $406,240

Fundraising Expenses $232

Program Expenses $437,007

Other Expenses $160,273

TOTAL EXPENSES $566,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,310	$451,116	+0.3%
Expenses	$566,513	$442,232	+0.3%
Net Income	$11,797	$8,884	+0.3%

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

$103,389

Total Directors

$103,389

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Morrill	Executive Dir.	40.00	Officer Director	$60,522	$0	$60,522
Bette Worth	Data Manager	40.00	Officer Director	$42,867	$0	$42,867
Philip Vardara	Chairman	2.00	Officer Director	$0	$0	$0
Janella Kirkman	Secretary	2.00	Officer Director	$0	$0	$0
Natalie Jermyn	Board Member	2.00	Director	$0	$0	$0
Sue Haddon	Vice President	2.00	Officer 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	$578,310	$566,513	$252,798	$11,797
2024	$451,116	$442,232	$225,816	$8,884
2023	$448,235	$426,002	$236,197	$22,233
2022	$425,159	$399,686	$234,947	$25,473
2020	$287,978	$260,212	$196,034	$27,766
2019	$246,230	$250,422	$170,277	$-4,192
2018	$266,228	$277,822	$136,697	$-11,594

Spirit - Peers for Independence & Recovery Inc