TORCHLIGHT RECOVERY INC (EIN 863865046) - 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

2024

Legal Domicile

Principal Officer

RANDY MUHAMMAD

Phone

6174691299

Tax Period

2024-01-01 to 2024-12-31

TORCHLIGHT RECOVERY INC, founded in 2024, is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 516% from the prior year, signaling strong growth momentum. The organization ran a surplus of $378K, a strong 34% operating margin.

Mission

OUR MISSION IS TO FOSTER LONG-TERM RECOVERY BY DELIVERING CULTURALLY INCLUSIVE, COMMUNITY-INFORMED PROGRAMS THAT ELEVATE THE VOICES AND EXPERIENCES OF INDIVIDUALS AFFECTED 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,109,469

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,109,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $564,604

Fundraising Expenses $2,887

Program Expenses $653,124

Other Expenses $166,418

TOTAL EXPENSES $731,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,109,469	$180,002	+5.2%
Expenses	$731,022	$187,396	+2.9%
Net Income	$378,447	$-7,394	-52.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CANTY	CHAIRMAN	120.00	Director	$0	$0	$0
LEAH RANDOLPH	CHAIRMAN	120.00	Director	$0	$0	$0
MOSES MUSA TOUSSAINT	SECRETARY/TREASURER	120.00	Director	$0	$0	$0
RANDY MUHAMMAD	DIRECTOR	168.00	Highest	$153,011	$0	$153,011

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	$1,109,469	$731,022	$662,069	$378,447

TORCHLIGHT RECOVERY INC