RECOVERY HEALTH SYSTEMS INC

EIN: 842447278 501(c)(3)

RUSSELLVILLE, AR

Total Revenue
$592,413
Total Expenses
$521,083
Total Assets
$133,184
Net Assets
$-511,455
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AR
Principal Officer
KATE RIGGS
Phone
8669210149
Tax Period
2021-01-01 to 2021-12-31

RECOVERY HEALTH SYSTEMS INC, founded in 2000, is a small nonprofit that reported $486K in total revenue in fiscal year 2020. Expenses of $672K exceeded revenue, resulting in a 38% operating deficit.

Mission

OUR VISION IS TO PROVIDE EVIDENCE-BASED AND WELLNESS FOCUSED SERVICES THAT EDUCATE AND PREVENT MENTAL HEALTH AND SUBSTANCE ABUSE CHALLENGES. WE ARE DEDICATED TO PROVIDING A CONTINUUM OF HOLISTIC CARE TO CLIENTS AND FAMILIES SUFFERING FROM THE DEVASTATING EFFECTS OF ADDICTION AND OTHER MENTAL HEALTH COMORBIDITIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $592,413
Investment Income $0
Other Revenue $0
TOTAL REVENUE $592,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,171
Fundraising Expenses $0
Program Expenses $521,083
Other Expenses $231,912
TOTAL EXPENSES $521,083

Year-over-Year Comparison

2021 2020 Change
Revenue $592,413 $486,088 +0.2%
Expenses $521,083 $398,493 +0.3%
Net Income $71,330 $87,595 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
21
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
1
$3,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMANTHA KATE RIGGS EXECUTIVE DIRECTOR 040.00
Officer
$3,000 $0 $3,000
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
2021 $592,413 $521,083 $133,184 $71,330
2020 $486,088 $671,887 $235,229 $-185,799
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