RECOVERY WELLNESS INITIATIVE INC (EIN 921995194) - 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

2023

Legal Domicile

Principal Officer

Georgia Underwood

Phone

2075400269

Tax Period

2024-01-01 to 2024-12-31

RECOVERY WELLNESS INITIATIVE INC, founded in 2023, is a small nonprofit in the Mental Health sector that reported $264K in total revenue in fiscal year 2024. The organization ran a surplus of $43K, a strong 16% operating margin.

Mission

Public Charity / Recovery Center through out the year we provided Recovery coaching, groups such as all recovery meetings, AA, NA, Nar-non, provided resources and information to the Piscataquis County Community we received funding through the Recovery Council the (big Pharma Settlements) in August 2024 to purchase our building, complete renovations as well as staffing and organizational costs.

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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 $263,788

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $263,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,670

Fundraising Expenses $0

Program Expenses $220,678

Other Expenses $168,008

TOTAL EXPENSES $220,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,788	N/A	N/A
Expenses	$220,678	N/A	N/A
Net Income	$43,110	$0	N/A

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

Volunteers

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

Total Directors

Key Employees

$26,527

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alan Burgess	volunteer Coordinator	40	Highest	$18,782	$0	$18,782
Georgia Underwood	Program Director	25	Key Emp	$14,557	$0	$14,557
Barbara skinner	Development Director	20	Key Emp	$11,970	$0	$11,970

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	$263,788	$220,678	$43,110	$43,110

RECOVERY WELLNESS INITIATIVE INC