Serenity Recovery of Western Kenucky Inc (EIN 841994814) - 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

2020

Legal Domicile

Principal Officer

Holly Cherry

Phone

2702272650

Tax Period

2024-01-01 to 2024-12-31

Serenity Recovery of Western Kenucky Inc, founded in 2020, is a small nonprofit in the Mental Health sector that reported $127K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $113K left a modest 11% surplus.

Mission

Offers a non-residential recovery program designed to lead the alcoholic and addict through a rigorous course of action featuring a 12-step curriculum designed to educate and equip the recovering participants.

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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 $101,519

Program Service Revenue $25,303

Investment Income $0

Other Revenue $0

TOTAL REVENUE $126,822

Expense Breakdown

Grants Paid $23,717

Salaries & Benefits $45,615

Fundraising Expenses $0

Program Expenses $112,791

Other Expenses $43,459

TOTAL EXPENSES $112,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,822	$88,734	+0.4%
Expenses	$112,791	$88,168	+0.3%
Net Income	$14,031	$566	+23.8%

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

$37,008

Total Directors

$37,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Holly Cherry	Managing Director	030.00	Officer Director	$37,008	$0	$37,008
Adam Williams	Director	005.00	Director	$0	$0	$0
Kristy O'Bryan	Board Chair	005.00	Director	$0	$0	$0
Marian Cosgrove	Director	002.00	Director	$0	$0	$0
Mitch Ryan	Director	002.00	Director	$0	$0	$0
Josh Lawrence	Director	002.00	Director	$0	$0	$0
Daisy Lowe	Director	002.00	Director	$0	$0	$0
Gina Owens	Director	005.00	Officer	$0	$0	$0
Marian Cosgrove	Treasurer	002.00	Officer	$0	$0	$0
Gordana Unici	Secretary	005.00	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
2024	$126,822	$112,791	$32,844	$14,031

Serenity Recovery of Western Kenucky Inc