FORGE RECOVERY CENTER INC (EIN 853921425) - 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

2021

Legal Domicile

Principal Officer

KEVIN FLACK

Phone

9124251711

Tax Period

2024-01-01 to 2024-12-31

FORGE RECOVERY CENTER INC, founded in 2021, is a small nonprofit in the Mental Health sector that reported $638K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $596K left a modest 7% surplus.

Mission

FORGE IS AN IN-PATIENT RECOVERY CENTER THAT EXISTS TO RESTORE MEN TO FREEDOM, HOPE, AND PURPOSE.OUR 12-STEP PROGRAM IS DESIGNED TO HELP MEN (18 YEARS OF AGE AND OLDER) WHO SUFFER FROMADDICTION, BOTH CHEMICAL AND BEHAVIORAL. OUR PROGRAM IS A 12-24 MONTH COMMUNITY-BASEDPROGRAM THAT IS FOCUSED ON RETURNING MEN TO THEIR FAMILIES AND SOCIETY AS PRODUCTIVE ANDCONTRIBUTING MEMBERS OF THEIR COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $56,352

Program Service Revenue $580,511

Investment Income $1,123

Other Revenue $0

TOTAL REVENUE $637,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,619

Fundraising Expenses $0

Program Expenses $596,226

Other Expenses $477,607

TOTAL EXPENSES $596,226

Year-over-Year Comparison

	2024	2023	Change
Revenue	$637,986	$511,887	+0.2%
Expenses	$596,226	$427,509	+0.4%
Net Income	$41,760	$84,378	-0.5%

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

$58,860

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM MARSH	BOARD MEMBER	3.00	Director	$0	$0	$0
CHARLIE CASH	BOARD MEMBER	3.00	Director	$0	$0	$0
AMBI MCMANUS	BOARD MEMBER	3.00	Director	$0	$0	$0
TIM FOWLER	CHAIR ELECT	3.00	Director	$0	$0	$0
JOE GEORGE	BOARD MEMBER	3.00	Director	$0	$0	$0
KEVIN FLACK	BOARD MEMBER	3.00	Director	$0	$0	$0
LAURA KILGORE	BOARD MEMBER	3.00	Director	$0	$0	$0
MICAH WILLIAMS	CHAIR	3.00	Director	$0	$0	$0
NANCY MCCOMB	BOARD MEMBER	3.00	Director	$0	$0	$0
CRAIG GEORGE	DIRECTOR	40.00	Officer	$58,860	$0	$58,860

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	$637,986	$596,226	$872,266	$41,760
2023	$511,887	$427,509	$842,547	$84,378
2022	$545,850	$276,168	$748,234	$269,682
2021	$205,996	$190,916	$17,935	$15,080

FORGE RECOVERY CENTER INC