CHOICE RECOVERY COACHING INC

EIN: 823846948 501(c)(3) Mental Health

SPRINGFIELD, MA

Total Revenue
$373,136
Total Expenses
$347,848
Total Assets
$62,453
Net Assets
$35,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MA
Principal Officer
PAUL ALVES
Phone
4132728520
Tax Period
2024-01-01 to 2024-12-31

CHOICE RECOVERY COACHING INC, founded in 2018, is a small nonprofit in the Mental Health sector that reported $373K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $348K left a modest 7% surplus.

Mission

The mission for Choice Recovery Coaching is to encourage,guide and assist individuals and their families as they face substance use challenges,thereby developing a culture of recovery with equity and justice which allows them to foster resilience for themselves and their communities

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,277
Program Service Revenue $252,859
Investment Income $0
Other Revenue $0
TOTAL REVENUE $373,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $268,040
Fundraising Expenses $0
Program Expenses $314,938
Other Expenses $79,808
TOTAL EXPENSES $347,848

Year-over-Year Comparison

2024 2023 Change
Revenue $373,136 $332,943 +0.1%
Expenses $347,848 $330,068 +0.1%
Net Income $25,288 $2,875 +7.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
7

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
4
$12,313
Total Directors
6
$12,313
Key Employees
1
$46,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL ALVES 50.00
Key Emp
$46,800 $0 $46,800
MARK MUHAMMED 0.00
Officer Director
$12,313 $0 $12,313
RACHEL KATZ 0.00
Officer Director
$0 $0 $0
ZAIDA GOVAN 0.00
Director
$0 $0 $0
SARKO GERGERIAN 0.00
Director
$0 $0 $0
DALLAS CLARK 0.00
Officer Director
$0 $0 $0
ATHENA HADDON 0.00
Officer Director
$0 $0 $0
LINDA SARAGE 0.00
$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 $373,136 $347,848 $62,453 $25,288
2023 $332,943 $330,068 $49,106 $2,875
2022 $199,087 $225,365 $42,289 $-26,278
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