ART OF RECOVERY SERVICES NFP

EIN: 882008914 501(c)(3) Mental Health

LIBERTYVILLE, IL

Total Revenue
$1,332,954
Total Expenses
$1,277,350
Total Assets
$414,252
Net Assets
$352,054
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IL
Principal Officer
GEORGE M MAZYA
Phone
8557514267
Tax Period
2024-01-01 to 2024-12-31

ART OF RECOVERY SERVICES NFP, founded in 2022, is a community nonprofit in the Mental Health sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 345% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 4% surplus.

Mission

Art of Recovery Services NFP is a not-for-profit Community Mental Health Center (CMHC) that offers high-quality, evidenced-based services tailored to each individual client. AOR offers a broad range of recovery-focused mental health and behavioral health services, including Assertive Community Treatment, Community Support and Therapy Services.

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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 $0
Program Service Revenue $1,324,014
Investment Income $8,940
Other Revenue $0
TOTAL REVENUE $1,332,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,077,201
Fundraising Expenses $0
Program Expenses $1,277,350
Other Expenses $200,149
TOTAL EXPENSES $1,277,350

Year-over-Year Comparison

2024 2023 Change
Revenue $1,332,954 $299,447 +3.5%
Expenses $1,277,350 $281,906 +3.5%
Net Income $55,604 $17,541 +2.2%
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

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Governance

Voting Members
4
Independent Members
3
Employees
17
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
3
$197,147
Total Directors
4
$0
Key Employees
4
$197,147
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE COLVIN VP of Clinical Services 40
Officer Key Emp Highest
$107,340 $0 $107,340
CARRIE SCHULER COO - Chief Operations Officer 40
Officer Key Emp
$66,730 $0 $66,730
GEORGE MAZYA CEO 40
Officer Key Emp
$23,077 $0 $23,077
RICH ADELMAN CFO & Interim BOD Chair 40
Director Key Emp
$0 $0 $0
ILYA MAZYA BOARD MEMBER (ie. Director) 1
Director
$0 $0 $0
DR MATT BROWN BOARD MEMBER (ie. Director) 1
Director
$0 $0 $0
VLAD RYKOV BOARD MEMBER (ie. Director) 1
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
2024 $1,332,954 $1,277,350 $414,252 $55,604
2023 $299,447 $281,906 $334,061 $17,541
2022 $295,500 $16,591 $290,083 $278,909
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