White Horse Addiction Center Inc

EIN: 472446719 501(c)(3) Mental Health

Center Ossipee, NH

Total Revenue
$1,288,912
Total Expenses
$1,580,403
Total Assets
$206,913
Net Assets
$-425,650
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NH
Principal Officer
Matthew Plache
Phone
6036511441
Tax Period
2023-01-01 to 2023-12-31

White Horse Addiction Center Inc, founded in 2014, is a community nonprofit in the Mental Health sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 23% operating deficit.

Mission

EMPOWERING INDIVIDUALS, FAMILIES, AND COMMUNITIES IMPACTED BY ADDICTION AND MENTAL HEALTH CHALLENGES TO THRIVE AND FIND HOLISTIC WELLNESS.

Program Service Accomplishments

Program 1
Expenses: $1,327,537

Opend 3rd facility offering outpatient and intensive as well as 2nd resource center. Served 197 clients, saved 4 lives using narcan.

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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 $860,160
Program Service Revenue $293,451
Investment Income $0
Other Revenue $135,301
TOTAL REVENUE $1,288,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,192,159
Fundraising Expenses $15,806
Program Expenses $1,327,537
Other Expenses $388,244
TOTAL EXPENSES $1,580,403

Year-over-Year Comparison

2023 2022 Change
Revenue $1,288,912 $1,505,404 -0.1%
Expenses $1,580,403 $1,698,119 -0.1%
Net Income $-291,491 $-192,715 +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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
36
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
2
$24,000
Total Directors
8
$24,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mitchell Yeaton President & CEO 24.00
Officer Director
$24,000 $0 $24,000
Stephen Bravo Treasurer 1.00
Director
$0 $0 $0
James Cooper Chairman 1.00
Officer Director
$0 $0 $0
Peter Thomas Chairman 1.00
Director
$0 $0 $0
Anthony Fallon Trustee 1.00
Director
$0 $0 $0
Bradford Mathias Trustee 1.00
Director
$0 $0 $0
Shelley Shogren Secretary 1.00
Director
$0 $0 $0
Kurt Cellar Trustee 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
2024 No data No data No data No data
2023 $1,288,912 $1,580,403 $206,913 $-291,491
2023 $1,361,555 $1,580,403 $272,341 $-218,848
2022 $1,505,404 $1,698,119 $402,875 $-192,715
2021 $1,285,543 $1,365,263 $478,890 $-79,720
2020 $907,133 $1,032,183 $385,891 $-125,050
2019 $867,590 $855,127 $239,965 $12,463
2018 $719,131 $731,083 $175,781 $-11,952
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