PEER RECOVERY CENTER INC

EIN: 871665879 501(c)(3)

MOREHEAD CITY, NC

Total Revenue
$699,873
Total Expenses
$1,040,973
Total Assets
N/A
Net Assets
N/A
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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
NC
Principal Officer
JOHN SOTIRKYS
Phone
2522402359
Tax Period
2025-01-01 to 2025-05-31

PEER RECOVERY CENTER INC, founded in 2021, is a small nonprofit that reported $700K in total revenue in fiscal year 2024. Revenue surged 205% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 49% operating deficit.

Mission

SHARING HOPE AND CARING TO HELP OTHERS ACHIEVE RECOVERY FROM ADDICTION/METAL HEALTH CONDITIONS THROUGH EXPERIENCES, EDUCATION AND COMMUNITY NETWORKING

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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 (2024)

Revenue Breakdown

Contributions & Grants $699,873
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $699,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $369,142
Fundraising Expenses $0
Program Expenses $1,040,973
Other Expenses $671,831
TOTAL EXPENSES $1,040,973

Year-over-Year Comparison

2024 2023 Change
Revenue $699,873 $229,797 +2.0%
Expenses $1,040,973 $255,439 +3.1%
Net Income $-341,100 $-25,642 +12.3%
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
9
Independent Members
9
Employees
31
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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS BARBER PRESIDENT 1.00
Officer Director
$0 $0 $0
BENJI HORTON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
GREG RICE DIRECTOR 1.00
Director
$0 $0 $0
JIMMY FARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
JEFF BARAN TREASURER 1.00
Officer Director
$0 $0 $0
NICK WILSON DIRECTOR 1.00
Director
$0 $0 $0
ANGELA MCKAY SECRETARY 1.00
Officer Director
$0 $0 $0
GLENDA KILLION DIRECTOR 1.00
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
2025 $699,873 $1,040,973 No data $-341,100
2024 $1,807,053 $1,427,822 $397,668 $379,231
2023 $229,797 $255,439 $18,437 $-25,642
2022 $186,598 $151,976 $49,575 $34,622
2021 $18,035 $8,578 $9,457 $9,457
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