HUMANISTIC ALTERNATIVES TO ADDICTION RESEARCH & TREATMENT INC (EIN 942578202) - 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

1986

Legal Domicile

Principal Officer

MICHELLE BURCH

Phone

5108752300

Tax Period

2024-07-01 to 2025-06-30

HUMANISTIC ALTERNATIVES TO ADDICTION RESEARCH & TREATMENT INC, founded in 1986, is a community nonprofit in the Mental Health sector that reported $8.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $7.4M left a modest 8% surplus.

Mission

HAART PROVIDES MEDICAL AND COUNSELING SERVICES FOR THE TREATMENT OF OPIATE/OPIOID DEPENDENCE.

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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 $0

Program Service Revenue $7,977,321

Investment Income $35,097

Other Revenue $69,276

TOTAL REVENUE $8,081,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,491,259

Fundraising Expenses $0

Program Expenses $6,603,798

Other Expenses $1,929,694

TOTAL EXPENSES $7,420,953

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,081,694	$7,420,810	+0.1%
Expenses	$7,420,953	$7,467,027	0.0%
Net Income	$660,741	$-46,217	-15.3%

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

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

$378,000

Total Directors

$378,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE BRANCH	SECRETARY	36.00	Officer Director	$0	$0	$0
MICHELLE BURCH	PRESIDENT	36.00	Officer Director	$189,000	$0	$189,000
DZASHE KUNDIDZORA	COMMUNITY MEMBER	1.00	Director	$0	$0	$0
SAVANNAH O'NEIL	COMMUNITY MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER SOBKY	TREASURER	36.00	Officer Director	$189,000	$0	$189,000
JAY SORDEAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RICHARD STONE	COMMUNITY MEMBER	1.00	Director	$0	$0	$0
JASMINE TROY	NURSE	36.00	Highest	$120,000	$0	$120,000
DR RUBI CORTES	DOCTOR	36.00	Highest	$206,000	$0	$206,000
DR MICHAEL MARTINEZ	MEDICAL DIRECTOR	36.00	Highest	$230,000	$0	$230,000

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
2025	$8,081,694	$7,420,953	$5,022,329	$660,741
2024	$7,420,810	$7,467,027	$4,463,195	$-46,217
2023	$5,429,336	$5,470,570	$4,323,782	$-41,234
2022	$5,789,675	$5,722,948	$4,482,530	$66,727
2021	$5,951,465	$5,497,835	$4,853,536	$453,630
2020	$4,957,854	$4,939,424	$4,300,975	$18,430
2019	$4,667,320	$4,654,077	$3,226,544	$13,243
2018	$4,695,616	$4,460,037	$3,159,745	$235,579

HUMANISTIC ALTERNATIVES TO ADDICTION RESEARCH & TREATMENT INC