RECOVERY ALLIANCE DULUTH INC (EIN 831522782) - 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

Principal Officer

JENNIFER SWANSON

Phone

2185766005

Tax Period

2023-01-01 to 2023-12-31

RECOVERY ALLIANCE DULUTH INC is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $992K left a modest 6% surplus.

Mission

TO PROMOTE, CREATE AND EXPAND RECOVERY SUPPORT SERVICES, PROVIDE EDUCATION AND AWARENESS SURROUNDING SUBSTANCE USE DISORDER, TO TRAIN PEER RECOVERY SPECIALISTS, AND USE OUR SHARED EXPERIENCE TO CREATE CONNECTION AND INSPIRE OTHERS TO ENGAGE OR SUSTAIN THEIR RECOVERY FROM SUBSTANCE USE DISORDER. OUR MISSION IS TO BUILD AND MOBILIZE A COMPASSIONATE COMMUNITY TO SUPPORT INDIVIDUALS SEEKING OR MAINTAINING RECOVERY TO INSPIRE HOPE, CREATE CONNECTION AND ELIMINATE STIGMA. OUR VISION IS A COORDINATED, COMPASSIONATE COMMUNITY RESPONSE TO SUBSTANCE-USE DISORDER, AMKING ACCESS TO SUPPORT AND BUILDING RECOVERY CAPITAL READILY ACCESSIBLE TO ALL WHO NEED HELP.

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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 $1,019,290

Program Service Revenue $0

Investment Income $0

Other Revenue $31,049

TOTAL REVENUE $1,050,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $699,202

Fundraising Expenses $0

Program Expenses $830,734

Other Expenses $293,019

TOTAL EXPENSES $992,221

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,050,339	$730,578	+0.4%
Expenses	$992,221	$702,167	+0.4%
Net Income	$58,118	$28,411	+1.0%

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

$120,148

Total Directors

$120,148

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER SWANSON	EXECUTIVE DI	40.00	Officer Director	$69,844	$0	$69,844
BETH ELSTAD	PAST EXECUTI	40.00	Officer Director	$50,304	$0	$50,304
OCTOBER ALLEN	TREASURER	1.00	Officer Director	$0	$0	$0
SHANDELLE FRIEDMAN	DIRECTOR	1.00	Officer Director	$0	$0	$0
BRIAN JOHNSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH MANGAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BERNARD MCCARTHY	SECRETARY	1.00	Officer Director	$0	$0	$0
ALLIE MCDEVITT	DIRECTOR	1.00	Director	$0	$0	$0
KATHY MCNAMARA-HEIMBACH	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,050,339	$992,221	$207,903	$58,118
2022	$730,578	$702,167	$162,795	$28,411
2021	$549,495	$521,153	$118,612	$28,342

RECOVERY ALLIANCE DULUTH INC