KENTUCKY ASSOCIATION OF INDEPENDENT RECOVERY ORGANIZATIONS INC

EIN: 921439979 Mental Health

LEXINGTON, KY

Total Revenue
$132,750
Total Expenses
$139,039
Total Assets
$84,853
Net Assets
$84,853
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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
2022
Legal Domicile
KY
Principal Officer
DERON BIBB
Phone
2703170175
Tax Period
2024-01-01 to 2024-12-31

KENTUCKY ASSOCIATION OF INDEPENDENT RECOVERY ORGANIZATIONS INC, founded in 2022, is a small nonprofit in the Mental Health sector that reported $133K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring.

Mission

TO BRING TOGETHER SUBSTANCE USE DISORDER PROVIDERS TO ADVOCATE FOR EVIDENCE-BASED PRACTICES AND POLICIES THAT ADVANCE THE FIELD OF RECOVERY AND ESTABLISH A QUALITY-OF-CARE STANDARD IN THE INDUSTRY.

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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 $132,750
Investment Income $0
Other Revenue $0
TOTAL REVENUE $132,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $139,039
TOTAL EXPENSES $139,039

Year-over-Year Comparison

2024 2023 Change
Revenue $132,750 $235,250 -0.4%
Expenses $139,039 $144,107 0.0%
Net Income $-6,289 $91,143 -1.1%
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
13
Independent Members
13
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN WILSON PRESIDENT/DIRECTOR N/A
Officer Director
$0 $0 $0
DERON BIBB TREASURER/DIRECTOR N/A
Officer Director
$0 $0 $0
ALAINA SWEASY VP/SECRETARY/DIRECTOR N/A
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
2024 $132,750 $139,039 $84,853 $-6,289
2023 $235,250 $144,107 $91,143 $91,143
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