Anchor House Inc (EIN 112151231) - 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

1971

Legal Domicile

Principal Officer

Rev Margaret Schramm Hor

Phone

7187710760

Tax Period

2024-07-01 to 2025-06-30

Anchor House Inc, founded in 1971, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $4.7M left a modest 9% surplus.

Mission

Anchor House is a faith based drug and alcohol rehabilitation program that cares for persons with addiction to alcohol and narcotic drugs, operates a community residence for tier rehabilitation, and promotes the prevention and control of drug and alcohol 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 $2,894,034

Program Service Revenue $2,228,833

Investment Income $50

Other Revenue $0

TOTAL REVENUE $5,122,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,688,226

Fundraising Expenses $0

Program Expenses $4,107,122

Other Expenses $1,993,767

TOTAL EXPENSES $4,681,993

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,122,917	$4,688,855	+0.1%
Expenses	$4,681,993	$4,150,236	+0.1%
Net Income	$440,924	$538,619	-0.2%

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

$197,176

Total Directors

$599,185

Key Employees

$174,406

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Ann Morgan	Board Member	2.00	Director	$0	$0	$0
Rev Cordelia Wallace	Vice President	5.00	Officer Director	$0	$0	$0
Rev David Henry	Board Member - Fiance Chai	2.00	Director	$0	$0	$0
Deaconess Gail Douglas- Boykin	Board Member	1.00	Director	$0	$0	$0
Jessica Ellis	Treasurer	5.00	Officer Director	$0	$38,505	$197,176
Mickey Correa	Board Member	1.00	Director	$0	$0	$0
Rev Paul Fleck	Secretary	3.00	Officer Director	$0	$0	$0
Rev Angela Redman	Board Member	5.00	Director	$0	$49,674	$242,578
Rev Elizabeth Abel	Board Member	1.00	Director	$0	$0	$0
Grace Akinbode	Board Member	1.00	Director	$0	$0	$0
Rev Simeon Law	Board Member	1.00	Director	$0	$0	$0
Rev Wayne Redman	President	10.00	Officer Director	$0	$0	$0
Marilyn Mendez Gonzalez	Board Member	1.00	Director	$0	$0	$0
Rev Sheila Beckford	Board Member	1.00	Director	$0	$0	$0
Pastor Eulynis Matthiad-Fridie	Board Member	1.00	Director	$0	$0	$0
Shante Thomas	Board Member	3.00	Director	$0	$46,624	$159,431
Lisa Isom	Board Member	1.00	Director	$0	$0	$0
Matthew Schaeffer	Board Member	1.00	Director	$0	$0	$0
Alison King	Executive Director	40.00	Key Emp	$160,486	$13,920	$174,406
Augustine Emeka	Employee	40.00	Highest	$116,879	$948	$117,827

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	$5,122,917	$4,681,993	$3,665,619	$440,924
2024	No data	No data	No data	No data
2023	$4,121,992	$3,906,487	$2,437,144	$215,505
2022	$3,569,387	$3,616,878	$2,055,104	$-47,491
2021	$3,420,578	$3,234,465	$2,183,011	$186,113

Anchor House Inc