ANCHOR RETREAT CENTER CORP (EIN 460880661) - 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

2012

Legal Domicile

Principal Officer

STANFORD G CHO

Phone

8188347000

Tax Period

2023-01-01 to 2023-12-31

ANCHOR RETREAT CENTER CORP, founded in 2012, is a small nonprofit in the Religion sector that reported $221K in total revenue in fiscal year 2023. Revenue surged 353% from the prior year, signaling strong growth momentum. Expenses of $498K exceeded revenue, resulting in a 126% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE RETREAT FACILITIES FOR INDIVIDUAL PRAYERS AND PRAYER GROUPS, AND MEETINGS SUCH AS CONFERENCES AND SEMINARS, GROUNDED IN THE CHRISTIAN FAITH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $220,241

Investment Income $0

Other Revenue $304

TOTAL REVENUE $220,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,733

Fundraising Expenses $0

Program Expenses $93,309

Other Expenses $427,467

TOTAL EXPENSES $498,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,545	$48,712	+3.5%
Expenses	$498,200	$215,019	+1.3%
Net Income	$-277,655	$-166,307	+0.7%

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
STANFORD G CHO	CEO	N/A	Officer Director	$0	$0	$0
YOON YONG CHUNG	SECRETARY	N/A	Officer Director	$0	$0	$0
MIKE KIM	CFO	N/A	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
2024	No data	No data	No data	No data
2023	$220,545	$498,200	$1,819,185	$-277,655
2022	$48,712	$215,019	$1,819,391	$-166,307
2021	$126,541	$145,843	$1,845,016	$-19,302
2020	$75,160	$173,318	$1,862,406	$-98,158
2019	$307,860	$272,533	$1,975,882	$35,327
2018	$294,508	$294,687	$1,950,435	$-179

ANCHOR RETREAT CENTER CORP