LIBERTYVILLE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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. Our primary service area is Lake County, IL and some surrounding communities.
Art of Recovery provided Assertive Community Treatment services to IL Medicaid clients with severe and persistent mental health disorders and significant co-occurring needs, including homelessness...
Art of Recovery provided Assertive Community Treatment services to IL Medicaid clients with severe and persistent mental health disorders and significant co-occurring needs, including homelessness, involvement with the judicial system, medication management, and substance abuse.
During the Fiscal Year 2024, Art of Recovery continued providing our expertise as a subcontractor for other non-profit service providers with similar mission that receive their funding through IL...
During the Fiscal Year 2024, Art of Recovery continued providing our expertise as a subcontractor for other non-profit service providers with similar mission that receive their funding through IL State Grants, IL Medicaid, and direct fundraising.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare ART OF RECOVERY SERVICES NFP with other nonprofits in Illinois and across the country.