406 RECOVERY INC

EIN: 883519359 501(c)(3) Mental Health

BOZEMAN, MT

Total Revenue
$1,795,602
Total Expenses
$1,870,515
Total Assets
$12,736
Net Assets
$-165,457
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MT
Principal Officer
ROBERT SISE
Phone
4062197233
Tax Period
2024-01-01 to 2024-12-31

406 RECOVERY INC, founded in 2022, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

406 Recoverys mission is realized through two primary activities:(1) promoting the health of Montanans via its Clinical Program, in which physicians and advanced practice providers directly deliver medical and psychiatric services to individuals suffering from substance use disorders (SUDs) and other mental health conditions; and(2) educating the public on topics related to SUDs and mental health through its Educational Program. The Educational Program provides instruction both to employees of community health clinics and directly to residents throughout the Greater Montana region.

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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 $1,795,602
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,795,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,687,449
Fundraising Expenses $0
Program Expenses $1,856,741
Other Expenses $183,066
TOTAL EXPENSES $1,870,515

Year-over-Year Comparison

2024 2023 Change
Revenue $1,795,602 $1,283,659 +0.4%
Expenses $1,870,515 $1,294,542 +0.4%
Net Income $-74,913 $-10,883 +5.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
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
$174,845
Total Directors
7
$174,845
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT REIDENBAUGH CMO 40.00
$201,837 $0 $201,837
ROBERT SISE CEO 40.00
Officer Director
$174,845 $0 $174,845
Mark Ackerman Nurse Practitioner 30.00
$160,622 $0 $160,622
MARK MENTEL EMPLOYEE 30.00
$160,543 $0 $160,543
MICHELLE REINHARDT CSO 30.00
$141,050 $0 $141,050
VALERIE KIRBY-JOHNSON EMPLOYEE 30.00
$140,223 $0 $140,223
DAN KRAUSE Director 0.50
Director
$0 $0 $0
ERIC SHIELDS Director 0.50
Director
$0 $0 $0
DAN NAUTS President 0.50
Officer Director
$0 $0 $0
LENETTE KOSOVICH Secretary 0.50
Officer Director
$0 $0 $0
GREG HOLZMAN Director 0.50
Director
$0 $0 $0
ROBERT SHERRICK Director 0.50
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 $1,795,602 $1,870,515 $12,736 $-74,913
2023 $1,283,659 $1,294,542 $87,649 $-10,883
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