STATE OF THE HEART RECOVERY INC (EIN 842957028) - 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

2019

Legal Domicile

Principal Officer

PAUL T CHAVEZ

Phone

5053088296

Tax Period

2023-01-01 to 2023-12-31

STATE OF THE HEART RECOVERY INC, founded in 2019, is a community nonprofit in the Mental Health sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $2.3M left a modest 9% surplus.

Mission

STATE OF THE HEART RECOVERY CENTER IS A NON-PROFIT, ALL-INCLUSIVE TREATMENT CENTER FOR SUBSTANCE ABUSE. WE ARE UNIQUE IN THAT OUR HOLISTIC APPROACH ADDRESSES ALL ASPECTS OF AN INDIVUAL'S EMOTIONAL, PHYSICAL, AND SPIRITUAL WELL-BEING.

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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 $1,942

Program Service Revenue $2,502,363

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,504,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,722,764

Fundraising Expenses $0

Program Expenses $2,274,149

Other Expenses $551,385

TOTAL EXPENSES $2,274,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,504,305	$1,851,125	+0.4%
Expenses	$2,274,149	$1,787,178	+0.3%
Net Income	$230,156	$63,947	+2.6%

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

$222,802

Total Directors

$275,931

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL T CHAVEZ	EXECUTIVE DI	50.00	Officer Director	$196,274	$5,003	$201,277
RICHARD LEVINE	DIRECTOR	1.00	Director	$34,000	$0	$34,000
JAMES T CHAVEZ JR	DIRECTOR	1.00	Director	$30,817	$9,837	$40,654
DR DAVID MELAMED	MEDICAL DIRE	4.00	Officer	$21,525	$0	$21,525
MARGEE ORTEGA	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINETTE TINAWIN	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$2,504,305	$2,274,149	$156,267	$230,156
2022	$1,851,125	$1,787,178	$118,811	$63,947
2021	$1,551,257	$2,102,329	$104,306	$-551,072

STATE OF THE HEART RECOVERY INC