Anchor House Inc

EIN: 237146790 501(c)(3) Mental Health

Plymouth, MA

Total Revenue
$948,345
Total Expenses
$876,587
Total Assets
$666,056
Net Assets
$599,485
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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
MA
Principal Officer
Robert Cadorette
Tax Period
2023-07-01 to 2024-06-30

Anchor House Inc, founded in 1971, is a small nonprofit in the Mental Health sector that reported $948K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $877K left a modest 8% surplus.

Mission

To promote long term sobriety for men who seek help in their addiction.

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,210
Program Service Revenue $745,135
Investment Income $0
Other Revenue $0
TOTAL REVENUE $948,345

Expense Breakdown

Grants Paid $0
Salaries & Benefits $667,477
Fundraising Expenses $0
Program Expenses $739,060
Other Expenses $209,110
TOTAL EXPENSES $876,587

Year-over-Year Comparison

2023 2022 Change
Revenue $948,345 $843,755 +0.1%
Expenses $876,587 $707,725 +0.2%
Net Income $71,758 $136,030 -0.5%
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
5
Independent Members
5
Employees
14
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
5
$0
Key Employees
1
$147,105
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert German Executive Director 60.00
Key Emp
$123,224 $23,881 $147,105
Robert Larson Director 0.50
Director
$0 $0 $0
Robert Dermady Director 0.50
Director
$0 $0 $0
Robert Cadorette President 0.50
Officer Director
$0 $0 $0
Barry Emerson Secretary 0.50
Officer Director
$0 $0 $0
Peter Pasquantonio Vice President Treasurer 0.50
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
2025 No data No data No data No data
2024 $948,345 $876,587 $666,056 $71,758
2023 $843,755 $707,725 $580,468 $136,030
2022 $857,895 $677,923 $431,855 $179,972
2021 $501,612 $622,146 $340,564 $-120,534
2020 $664,941 $616,100 $459,372 $48,841
2019 $526,149 $625,373 $315,968 $-99,224
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