ANCHOR FAMILY SERVICES INC

EIN: 813791011 501(c)(3) Health Care

Rockwall, TX

Total Revenue
$646,652
Total Expenses
$634,945
Total Assets
$97,116
Net Assets
$74,552
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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
2016
Legal Domicile
TX
Principal Officer
Amanda Timoteo
Phone
9724158220
Tax Period
2024-01-01 to 2024-12-31

ANCHOR FAMILY SERVICES INC, founded in 2016, is a small nonprofit in the Health Care sector that reported $647K in total revenue in fiscal year 2024.

Mission

Child adoptions and placement of foster children.

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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 $0
Program Service Revenue $646,652
Investment Income $0
Other Revenue $0
TOTAL REVENUE $646,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $275,572
Fundraising Expenses $0
Program Expenses $455,607
Other Expenses $359,373
TOTAL EXPENSES $634,945

Year-over-Year Comparison

2024 2023 Change
Revenue $646,652 $647,792 0.0%
Expenses $634,945 $651,711 0.0%
Net Income $11,707 $-3,919 -4.0%
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
3
Independent Members
3
Employees
8
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
0
$0
Total Directors
2
$110,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Milton Timoteo Executive Director 40
Director
$55,320 $0 $55,320
Amanda Timoteo Managing Director 40
Director
$55,320 $0 $55,320
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 $646,652 $634,945 $97,116 $11,707
2023 $647,792 $651,711 $100,606 $-3,919
2022 $671,421 $622,957 $98,468 $48,464
2021 $563,085 $548,672 $85,639 $14,413
2020 $470,668 $490,778 $58,764 $-20,110
2019 $280,800 $269,631 $44,493 $11,169
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