Recovery Bound

EIN: 851821417 501(c)(3) Human Services

Phoenix, IL

Total Revenue
$285,876
Total Expenses
$255,942
Total Assets
$287,463
Net Assets
$287,463
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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
IL
Principal Officer
Khalisha Hawkins
Phone
7083109109
Tax Period
2025-01-01 to 2025-12-31

Recovery Bound, founded in 2020, is a small nonprofit in the Human Services sector that reported $286K in total revenue in fiscal year 2025. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $256K left a modest 10% surplus.

Mission

Recovery Bound works to enhance the quality of life for individuals and families impacted by addiction.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $5,083
Program Service Revenue $280,793
Investment Income $0
Other Revenue $0
TOTAL REVENUE $285,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,171
Fundraising Expenses $1,805
Program Expenses $221,505
Other Expenses $173,771
TOTAL EXPENSES $255,942

Year-over-Year Comparison

2025 2024 Change
Revenue $285,876 $512,457 -0.4%
Expenses $255,942 $264,535 0.0%
Net Income $29,934 $247,922 -0.9%
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

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Governance

Voting Members
2
Independent Members
1
Employees
4
Volunteers
4

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
4
$69,873
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Grantlin Banks President 2.00
Officer Director
$0 $0 $0
Ashley Slater-Holmes Treasurer/Secretary 2.00
Officer Director
$0 $0 $0
Travis Hawkins Director 2.00
Officer Director
$0 $0 $0
Khalisha Hawkins Executive Director 20.00
Officer
$69,873 $0 $69,873
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
2025 $285,876 $255,942 $287,463 $29,934
2024 $512,457 $264,535 $257,529 $247,922
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