RECOVERY HEALTH SYSTEMS INC

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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

KATE RIGGS

Phone

8669210149

Tax Period

2021-01-01 to 2021-12-31

RECOVERY HEALTH SYSTEMS INC, founded in 2019, is a small nonprofit that reported $592K in total revenue in fiscal year 2021. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $521K left a modest 12% surplus.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $521,083 Revenue: $592,413

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

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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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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

$3,000

Total Directors

Key Employees

Highest Compensated

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