REACH SOBER LIVING INC (EIN 834517434) - 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

Formation Year

2019

Legal Domicile

Principal Officer

GADSON CHRIS POMPEY

Phone

2698087881

Tax Period

2024-01-01 to 2024-12-31

REACH SOBER LIVING INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $472K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 128% operating deficit.

Mission

TO PROVIDE MEN IN RECOVERY WITH STABLE, SAFE, AND STRUCTURED SOBER LIVING THAT EMPOWERS THEM TO REBUILD THEIR LIVES. THROUGH SUPPORT, ACCOUNTABILITY, AND COMMUNITY, WE CREATE A NURTURING ENVIRONMENT WHERE MEN CAN DEVELOP THE TOOLS AND LIFE SKILLS NECESSARY FOR LONG TERM SOBRIETY AND SUCCESSFUL REINTEGRATION INTO SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $400,978

Program Service Revenue $18,204

Investment Income $52,477

Other Revenue $0

TOTAL REVENUE $471,659

Expense Breakdown

Grants Paid $17,375

Salaries & Benefits $754,532

Fundraising Expenses $78,634

Program Expenses $734,731

Other Expenses $301,148

TOTAL EXPENSES $1,073,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$471,659	$3,907,322	-0.9%
Expenses	$1,073,055	$579,402	+0.9%
Net Income	$-601,396	$3,327,920	-1.2%

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

$160,884

Total Directors

$160,884

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FLOYD MATTHEWS	ED/CLINICAL	40.00	Highest	$178,534	$0	$178,534
GADSON CHRIS POMPEY	PRESIDENT	60.00	Officer Director	$160,884	$0	$160,884
CHANDRA POMPEY	EXEC ADMIN/P	40.00	Highest	$124,715	$0	$124,715
TIM DEYOUNG	TREASURER	N/A	Officer Director	$0	$0	$0
JEFF GUARISCO	DIRECTOR	N/A	Director	$0	$0	$0
DAVID HYZER	SECRETARY	N/A	Officer Director	$0	$0	$0
DARWIN SMITH	DIRECTOR	N/A	Director	$0	$0	$0
WILFREDO TORRIENTE	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
2024	$471,659	$1,073,055	$4,348,652	$-601,396
2023	$3,907,322	$579,402	$4,759,342	$3,327,920
2022	$1,460,939	$240,084	$1,374,869	$1,220,855

REACH SOBER LIVING INC