HORIZON SOBER LIVING INC

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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

Principal Officer

LORETTA GALLAGHER

Phone

9548685105

Tax Period

2023-01-01 to 2023-12-31

HORIZON SOBER LIVING INC, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $292K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $158K, a strong 54% operating margin.

Mission

THE CORPORATION WAS ORGANIZED TO PROVIDE COUNSELING AND REHABILTATION FOR INDIVIDUALS WITH ALCOHOL AND SUBSTANCE ABUSE

Program Service Accomplishments

Program 1

Expenses: $83,312

HAVE SUCCESSFULY HOUSED RECOVERING ALCHOLICS, INDIVIDUAL WITH MENTAL HEALTH ISSUES AND SUBSTANCE ABUSE ISSUES PROVIDING:ROOM & BOARDPERSONAL HYGIENE SERVICESCOUNSELINGRECREATIONAL ACTIVITIESFITNESS...

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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 $292,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $292,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,312

Other Expenses $134,327

TOTAL EXPENSES $134,327

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,000	$258,522	+0.1%
Expenses	$134,327	$193,680	-0.3%
Net Income	$157,673	$64,842	+1.4%

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

N/A

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
LORETTA GALLAGHER	Director	15.00	Officer Director	$0	$0	$0
ROBERT GALLAGHER	Director	15.00	Officer 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
2023	$292,000	$134,327	$222,515	$157,673
2022	$258,522	$193,680	$90,417	$64,842