ANOTHER WAY INC

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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

MICHAEL SABOURIN

Phone

8022290920

Tax Period

2022-07-01 to 2023-06-30

ANOTHER WAY INC, founded in 1986, is a small nonprofit in the Unknown sector that reported $627K in total revenue in fiscal year 2022. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $592K left a modest 6% surplus.

Mission

TO OPERATE A COMMUNITY CENTER 24/7 FOR PSYCHIATRIC SURVIVORS AND PEOPLE EXPERIENCING HOMELESSNESS AND TO PROVIDE HOLISTIC MENTAL SERVICES, ADVOCACY, RESOURCES, AND OPPORTUNITIES FOR CREATIVE EXPRESSION AND THE DEVELOPMENT OF PHYSICAL HEALTH AND SOCIAL ENGAGEMENT FOR UNIQUE INDIVIDUALS AS WELL AS CONTINUALLY PROVIDE INDIVIDUALIZED ASSISTANCE TO THOSE EXPERIENCING CRISES.

Program Service Accomplishments

Program 1

Expenses: $521,232

OPERATE A COMMUNITY CENTER SEVEN DAYS PER WEEK FOR PSYCHIATRIC SURVIVORS AND PEOPLE EXPERIENCING HOMELESSNESS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $622,975

Program Service Revenue $0

Investment Income $0

Other Revenue $3,886

TOTAL REVENUE $626,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $383,732

Fundraising Expenses $0

Program Expenses $521,232

Other Expenses $208,602

TOTAL EXPENSES $592,334

Year-over-Year Comparison

	2022	2021	Change
Revenue	$626,861	$403,716	+0.6%
Expenses	$592,334	$447,509	+0.3%
Net Income	$34,527	$-43,793	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SABOURIN	CHAIR	1.00	Officer Director	$0	$0	$0
LAURA ZIEGLER	SECETARY	1.00	Officer Director	$0	$0	$0
MALCOLM SAWYER	DIRECTOR	1.00	Officer Director	$0	$0	$0
DAWN LITTLE	DIRECTOR	1.00	Director	$0	$0	$0
ROXY SMITH	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$626,861	$592,334	$572,977	$34,527
2022	$403,716	$447,509	$518,225	$-43,793
2021	$425,956	$413,349	$573,148	$12,607
2020	$441,445	$434,621	$556,345	$6,824
2018	$484,049	$446,950	$430,630	$37,099