Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Anonymous Alliance of Charitable Organizations Inc (AACO), founded in 2009, is a micro nonprofit in the Mental Health sector that reported $82K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 35% operating margin.
The organization's mission is to facilitate the spiritual development and well-being of all individuals, with special emphasis on being of maximum service to God and our fellows, by providing a spiritually-based 12-Step program of recovery from alcoholism and other forms of substance abuse.
In 2009, AACO (doing business as the "Power House Recovery Center") opened a men's residential sober-living facility and began developing and implementing a comprehensive spiritually based 12-Step...
In 2009, AACO (doing business as the "Power House Recovery Center") opened a men's residential sober-living facility and began developing and implementing a comprehensive spiritually based 12-Step program of recovery for individuals with alcoholism and/or substance abuse issues. Our Recovery Center and 12-Step Recovery Program were both very successful; however, the operations of the Recovery Center left little time available for further developing our 12-Step Program known as "Beyond the Basics". Accordingly, a new non-profit corporation Power House Recovery Center (herein PHRC) was created to conduct the Recovery Center operations beginning 7/1/2016. The officers and directors of PHRC included the general manager and volunteers who had all been involved with the Recovery Center for several years. Both AACO and PHRC are 501(c)(3) charitable organizations that operate independently. AACO provides the Recovery Center assets to PHRC for a weekly fee and continues to present the Beyond the Basics" 12-Step Recovery Program to PHRC residents at no charge. One of AACO's primary long-term goals is for "Beyond the Basics" to be distributed to the public.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $81,698 | $64,669 | +0.3% |
| Expenses | $52,781 | $49,141 | +0.1% |
| Net Income | $28,917 | $15,528 | +0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KENNETH J LANEY JD CPA | DIRECTOR, PRESIDENT & TREASURER | 40.00 |
Officer
Director
|
$38,000 | $7,500 | $45,500 |
| PAUL R RAFFOUL PHD | DIRECTOR & SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE A BALLA | DIRECTOR & SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES GRANGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEMETRIO A VARGIU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCUS BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $81,698 | $52,781 | $704,546 | $28,917 |
| 2022 | $64,669 | $49,141 | $653,030 | $15,528 |
| 2021 | $30,926 | $32,355 | $642,144 | $-1,429 |
| 2020 | $36,149 | $27,653 | $624,440 | $8,496 |
Compare Anonymous Alliance of Charitable Organizations Inc (AACO) with other nonprofits in Texas and across the country.