SHE RECOVERS FOUNDATION

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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

2018

Legal Domicile

Principal Officer

DAWN NICKEL PHD

Phone

2149146487

Tax Period

2023-01-01 to 2023-12-31

SHE RECOVERS FOUNDATION, founded in 2018, is a community nonprofit in the Mental Health sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

OUR MISSION IS TO INSPIRE HOPE, REDUCE STIGMA AND EMPOWER WOMEN IN OR SEEKING RECOVERY FOR BEHAVIORAL HEALTH ISSUES AND OTHER LIFE CHALLENGES TO INCREASE THEIR RECOVERY CAPITAL, HEAL THEMSELVES AND HELP OTHER WOMEN DO THE SAME.

Program Service Accomplishments

Program 1

Expenses: $938,803 Revenue: $434,448

SHE RECOVERS FOUNDATION (SRF) REACHED OVER 3 MILLION WOMEN ACROSS OUR MANY PLATFORMS WHO ARE IN OR SEEKING RECOVERY FOR MENTAL HEALTH, SUBSTANCE USE AND TRAUMA (INCLUDES NON-BINARY INDIVIDUALS WHO...

SHE RECOVERS FOUNDATION (SRF) REACHED OVER 3 MILLION WOMEN ACROSS OUR MANY PLATFORMS WHO ARE IN OR SEEKING RECOVERY FOR MENTAL HEALTH, SUBSTANCE USE AND TRAUMA (INCLUDES NON-BINARY INDIVIDUALS WHO IDENTIFY WITH WOMEN'S COMMUNITIES). OVER 90% ARE IN THE UNITED STATES, MANY ARE OF MEAGER OR MODEST MEANS AND ALL FACE BARRIERS DUE TO STIGMA ASSOCIATED WITH MENTAL HEALTH AND ADDICTION. WITHIN OUR BROADER COMMUNITY, WE ALSO SERVE AND SUPPORT IDENTITY-BASED GROUPS INCLUDING BLACK, LATINA, ASIAN, INDIGENOUS WOMEN OF COLOR (BLAIWOC), SPANISH SPEAKING WOMEN, LGBTQ+ INDIVIDUALS, YOUNG WOMEN 18-35, VETERANS & FIRST RESPONDERS, MOTHERS OF HIGH NEEDS CHILDREN, HEALTHCARE & ALLIED PROFESSIONALS, & LEGAL PROFESSIONALS. SEE SCHEDULE O FOR FURTHER INFORMATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $601,870

Program Service Revenue $434,448

Investment Income $1

Other Revenue $527

TOTAL REVENUE $1,036,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,872

Fundraising Expenses $13,895

Program Expenses $938,803

Other Expenses $954,387

TOTAL EXPENSES $1,127,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,036,846	$1,212,114	-0.1%
Expenses	$1,127,259	$1,228,755	-0.1%
Net Income	$-90,413	$-16,641	+4.4%

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

$65,057

Total Directors

$28,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAWN NICKEL PHD	PRESIDENT/CHAIR/CEO	40.00	Officer Director	$28,000	$0	$28,000
CYNTHIA GUZMAN PHD MSCP	TREASURER, BOARD MEMBER	1.00	Officer Director	$0	$0	$0
MARY BETH O'CONNOR EQQUIRE	BOARD MEMBER & SECRETARY	1.00	Director	$0	$0	$0
KENDRA OGDON	BOARD MEMBER	1.00	Director	$0	$0	$0
TARYN STRONG	BOARD MEMBER & VICE CHAIR	1.00	Officer Director	$0	$0	$0
NADINE BRAITHWAITE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
SUSAN CARTER	CEO (UNTIL 7/2/23)	40.00	Officer	$35,334	$1,723	$37,057

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	$1,036,846	$1,127,259	$260,323	$-90,413
2022	$1,212,114	$1,228,755	$338,999	$-16,641
2021	$755,824	$711,354	$409,007	$44,470
2020	$139,791	$90,173	$188,023	$49,618