FAITH RECOVERY CENTER INC

EIN: 830370464 501(c)(3) Mental Health

SOUTHGATE, MI

Total Revenue
N/A
Total Expenses
$1,235
Total Assets
$254
Net Assets
$254
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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
2000
Legal Domicile
MI
Principal Officer
FRED DECAMINADA
Phone
7349344822
Tax Period
2021-07-01 to 2022-06-30

Mission

PROVIDE TRANSITIONAL HOUSING FOR INDIVIDUALS WHO ARE RECOVERING FROM ADDICTIONS AND HOMELESSNESS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,235
TOTAL EXPENSES $1,235

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $5,600 -1.0%
Expenses $1,235 $6,302 -0.8%
Net Income N/A $-702 N/A
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
5
Independent Members
N/A
Employees
N/A
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED DECAMINADA PRESIDENT N/A
Officer Director
$0 $0 $0
JOSEPH JENKINS VICE PRESIDE N/A
Officer Director
$0 $0 $0
WENDY DECAMINADA TREASURER N/A
Officer Director
$0 $0 $0
MEGAN WRIGHT SECRETARY N/A
Officer Director
$0 $0 $0
JENNIFER LOREE DIRECTOR N/A
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
2022 No data $1,235 $254 No data
2021 $5,600 $6,302 $1,489 $-702
2020 $110,076 $111,107 $2,191 $-1,031
2019 $164,134 $186,948 $3,222 $-22,814
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