DR HARRY RECOVERY & WELLNESS NETWORK INC (EIN 843761588) - 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

DR HARRY HAROUTUNIAN

Phone

7608378427

Tax Period

2023-01-01 to 2023-12-31

DR HARRY RECOVERY & WELLNESS NETWORK INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $158K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS TO CREATE PHYSICIAN DRIVEN SOLUTIONS FOR FAMILIES AND INDIVIDUALS AFFLICTED BY THE DISEASE OF ADDICTION, USING CLINICAL TEAM, EVIDENCE-BASED TREATMENT DIRECTIVES AND UNCOMPROMISING PRINCIPLES TO ACHIEVE LONGTERM RECOVERY.

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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 $111,312

Program Service Revenue $46,398

Investment Income $0

Other Revenue $0

TOTAL REVENUE $157,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $668

Fundraising Expenses $0

Program Expenses $120,668

Other Expenses $158,422

TOTAL EXPENSES $159,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,710	$179,359	-0.1%
Expenses	$159,090	$221,886	-0.3%
Net Income	$-1,380	$-42,527	-1.0%

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

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
DR HARRY HAROUTUNIAN	PRESIDENT	10.00	Officer	$0	$0	$0
AMBRA MCINERNY	TREASURER	10.00	Officer	$0	$0	$0
JOHN MCCLUSKEY	BOARD MEMBER	5.00	Officer	$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	$157,710	$159,090	$14,385	$-1,380
2022	$179,359	$221,886	$15,661	$-42,527

DR HARRY RECOVERY & WELLNESS NETWORK INC