FIRST TO SERVE INC (EIN 912167028) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

REV RICHARD REED

Phone

3237584670

Tax Period

2024-01-01 to 2024-12-31

FIRST TO SERVE INC, founded in 2003, is a mid-sized nonprofit in the Mental Health sector that reported $31.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

FIRST TO SERVE INC MISSION IS TO PROVIDE COMPREHENSIVE SUBSTANCE ABUSE TREATMENT AND RECOVERY SERVICE TO THE ECONOMICALLY CHALLENGED INDIVIDUALS THAT SUFFER FROM ABUSE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $31,431,066

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,431,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,321,945

Fundraising Expenses $0

Program Expenses $28,252,970

Other Expenses $13,753,234

TOTAL EXPENSES $31,075,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,431,066	$27,314,831	+0.2%
Expenses	$31,075,179	$27,746,021	+0.1%
Net Income	$355,887	$-431,190	-1.8%

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

Employees

492

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

$188,984

Total Directors

$188,984

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV RICHARD REED	CEO	40.00	Officer Director	$188,984	$0	$188,984
CHERI WEEKS	EMPLOYEE	40.00		$133,571	$0	$133,571
YESENIA VERJAN	EMPLOYEE	40.00		$104,325	$0	$104,325
CHRISTIAN ESTRADA	MEMBER	1.20	Director	$0	$0	$0
ANTHONY MOORE	MEMBER	1.20	Director	$0	$0	$0
TANESE EDWARDS	Secretary	1.20	Director	$0	$0	$0
TONY RUSHING	MEMBER	1.20	Director	$0	$0	$0
BENJAMIN SHULER	Chairman	1.20	Director	$0	$0	$0
STACEY LYNN WILSON	Treasurer	1.20	Director	$0	$0	$0
KEITH BLACKWELL	MEMBER	1.20	Director	$0	$0	$0
REV RICHARD REED	CEO	40.00		$0	$0	$0
REV RICHARD REED	CEO	40.00		$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	$31,431,066	$31,075,179	$16,395,409	$355,887
2023	$27,314,831	$27,746,021	$13,518,148	$-431,190
2022	$27,842,917	$27,880,661	$12,370,916	$-37,744
2021	$27,111,937	$27,419,564	$12,484,917	$-307,627
2020	$23,896,032	$22,894,083	$9,074,870	$1,001,949
2019	$15,028,650	$15,134,375	$3,094,985	$-105,725
2018	$14,460,854	$14,628,002	$2,795,605	$-167,148

FIRST TO SERVE INC