ANOTHER CHANCE HOUSE

EIN: 752233200 501(c)(3) Human Services

AMARILLO, TX

Total Revenue
$1,239,983
Total Expenses
$1,187,449
Total Assets
$2,097,810
Net Assets
$2,084,027
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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
1988
Legal Domicile
TX
Principal Officer
STEVE SMART
Phone
8066811370
Tax Period
2024-01-01 to 2024-12-31

ANOTHER CHANCE HOUSE, founded in 1988, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 4% surplus.

Mission

NONPROFIT PROVIDER OF EMERGENCY SHELTER AND PERMANENT, LOW-INCOME RENTAL HOUSING TO HOMELOESS MALES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $733,288
Program Service Revenue $492,804
Investment Income $13,171
Other Revenue $720
TOTAL REVENUE $1,239,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $663,387
Fundraising Expenses $105,230
Program Expenses $946,858
Other Expenses $524,062
TOTAL EXPENSES $1,187,449

Year-over-Year Comparison

2024 2023 Change
Revenue $1,239,983 $1,095,013 +0.1%
Expenses $1,187,449 $1,103,410 +0.1%
Net Income $52,534 $-8,397 -7.3%
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
14
Independent Members
13
Employees
28
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
5
$75,518
Total Directors
14
$75,518
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE SMART EXECUTIVE DI 40.00
Officer Director
$75,518 $0 $75,518
JAMES F BAYLESS BOARD MEMBER N/A
Director
$0 $0 $0
CURT BESSELMEN BOARD MEMBER N/A
Director
$0 $0 $0
ROSS CLOPTON BOARD MEMBER N/A
Director
$0 $0 $0
TONY FREEMAN TREASURER N/A
Officer Director
$0 $0 $0
GABRIELLE GRIFFITH SECRETARY N/A
Officer Director
$0 $0 $0
LEE HOYT BOARD MEMBER N/A
Director
$0 $0 $0
JAMES S ROGERS JR BOARD MEMBER N/A
Director
$0 $0 $0
JOHN KANGERGA BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT MURILLO BOARD MEMBER N/A
Director
$0 $0 $0
ALISHA PLATTS PRESIDENT N/A
Officer Director
$0 $0 $0
BRADY SCHENK BOARD MEMBER N/A
Director
$0 $0 $0
SHEILA SIMS VICE PRESIDE N/A
Officer Director
$0 $0 $0
DALE WILLIAMS BOARD MEMBER N/A
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 $1,239,983 $1,187,449 $2,097,810 $52,534
2023 $1,095,013 $1,103,410 $2,036,896 $-8,397
2022 $1,105,772 $1,177,938 $2,109,734 $-72,166
2021 $1,150,294 $1,069,166 $2,144,802 $81,128
2020 $1,208,762 $965,645 $2,078,865 $243,117
2019 $1,097,424 $940,129 $1,830,830 $157,295
2018 $911,528 $857,869 $1,655,935 $53,659
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