CHOOSE LIFE RECOVERY HOMES

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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

JOSHUA DRIGGS

Phone

6195302674

Tax Period

2023-07-01 to 2024-06-30

CHOOSE LIFE RECOVERY HOMES, founded in 2019, is a small nonprofit in the Human Services sector that reported $313K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $285K left a modest 9% surplus.

Mission

TO PROVIDE A SAFE AND SOBER LIVING SPACE TO PEOPLE WHILE WE HELP THEM WITH EMPLOYMENT AND TRSITION BACK INTO SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $259,647 Revenue: $313,028

providing safe and sober living quarters for people transitioning back into society.provide supplies and guidance necessary to accomplish that end.

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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 $0

Program Service Revenue $312,940

Investment Income $0

Other Revenue $88

TOTAL REVENUE $313,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $259,647

Other Expenses $285,033

TOTAL EXPENSES $285,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,028	$235,051	+0.3%
Expenses	$285,033	$242,056	+0.2%
Net Income	$27,995	$-7,005	-5.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA DRIGGS	President	40.00	Officer Director	$0	$0	$0
JORGE CARRILLO SANCHEZ	Secretary	40.00	Officer Director	$0	$0	$0
CHARLOTTE ALARCON	Treasurer	40.00	Officer 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	$313,028	$285,033	$23,941	$27,995
2024	No data	No data	$465	No data
2023	$235,051	$242,056	$5,946	$-7,005
2022	$216,091	$214,844	$2,951	$1,247
2021	$204,090	$202,887	$3,229	$1,203