FREE RECOVERY COMMUNITY CORP (EIN 843608531) - 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

Phone

3033587912

Tax Period

2023-01-01 to 2023-12-31

FREE RECOVERY COMMUNITY CORP, founded in 2020, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 169% from the prior year, signaling strong growth momentum. The organization ran a surplus of $770K, a strong 57% operating margin.

Mission

Breaking the silence of addicton for addicts loved ones of addicts and spiritual refugees,while creating a space for healing recovery and spiritual connection.

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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 $1,269,116

Program Service Revenue $0

Investment Income $15,447

Other Revenue $58,065

TOTAL REVENUE $1,342,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,207

Fundraising Expenses $39,275

Program Expenses $237,705

Other Expenses $313,602

TOTAL EXPENSES $572,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,342,628	$499,891	+1.7%
Expenses	$572,165	$489,009	+0.2%
Net Income	$770,463	$10,882	+69.8%

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

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
Ryan Canaday	Pastor and Executive Director	50.00	Highest	$109,949	$0	$109,949
Ryan Nuss	Board Member	0.00	Director	$0	$0	$0
Eric Arnoldy	Board Member Secretary	0.00	Officer Director	$0	$0	$0
Lance Willoughby	Board Member	0.00	Director	$0	$0	$0
Robin Peterson	Board Chair Treasurer	0.00	Officer Director	$0	$0	$0
Jeremy Rainwater	Board Member	0.00	Director	$0	$0	$0
N/A	Board Member	0.00	Director	$0	$0	$0
Jerome Eickstaedt	Board Member	0.00	Officer Director	$0	$0	$0
Tami Canaday	Non Voting Board Member	0.00	Director	$0	$0	$0
Waltrina DeFrantzDefor	Board Member	0.00	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	$1,342,628	$572,165	$1,523,695	$770,463
2022	$499,891	$489,009	$498,232	$10,882
2021	$615,037	$393,279	$487,350	$221,758
2020	$434,944	$169,373	$265,593	$265,571

FREE RECOVERY COMMUNITY CORP