Cortez Addictions Recovery Service… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

Ann Wetton

Phone

9705602034

Tax Period

2024-07-01 to 2025-06-30

Cortez Addictions Recovery Services Inc, founded in 1993, is a micro nonprofit in the Mental Health sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $51K exceeded revenue, resulting in a 1203% operating deficit.

Mission

To provide alcohol and drug treatment services.

Program Service Accomplishments

Program 1

Expenses: $48,919 Revenue: $3,882

The organization provided drug and alcohol abuse education, prevention, and rehabilitative services to adolescents and adults throughout Montezuma and Dolores Counties, Colorado.

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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 $3,882

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,882

Expense Breakdown

Grants Paid $36,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,919

Other Expenses $14,591

TOTAL EXPENSES $50,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,882	$237,614	-1.0%
Expenses	$50,591	$189,389	-0.7%
Net Income	$-46,709	$48,225	-2.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sandra Harris	Chairman	1.00	Officer Director	$0	$0	$0
Tracey Hately	Secretary	0.50	Officer Director	$0	$0	$0
Vic Vanik	Board Member	0.50	Director	$0	$0	$0
Gail Vanik	Board Member	0.50	Director	$0	$0	$0
Ann Wetton	Executive Dir.	10.00	Officer	$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
2025	$3,882	$50,591	$1,691	$-46,709
2024	$237,614	$189,389	$48,400	$48,225
2023	$613,356	$638,235	$146,144	$-24,879
2022	$611,883	$715,778	$191,099	$-103,895
2021	$756,663	$626,874	$257,069	$129,789
2020	$588,428	$648,716	$190,037	$-60,288
2019	$559,299	$605,551	$180,901	$-46,252
2018	$610,449	$516,252	$222,006	$94,197

Cortez Addictions Recovery Services Inc