New Anchor Foundation (EIN 833328307) - 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

2019

Legal Domicile

Principal Officer

Jessica Young

Phone

4155171547

Tax Period

2024-01-01 to 2024-12-31

New Anchor Foundation, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $201K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $227K exceeded revenue, resulting in a 13% operating deficit.

Mission

New Anchor Foundation is a 501c3 non-profit organization based in Oakland, CA. New Anchor was founded in 2019 by East Bay community members who had their lives changed by hosting refugees after working with JFCS-East Bay. New Anchor exists to raise awareness about the global refugee crisis, and to create opportunities for Americans to make a difference by helping those new arrivals with housing.

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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 (2024)

Revenue Breakdown

Contributions & Grants $201,187

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,187

Expense Breakdown

Grants Paid $12,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $208,649

Other Expenses $214,899

TOTAL EXPENSES $226,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,187	$123,039	+0.6%
Expenses	$226,899	$144,833	+0.6%
Net Income	$-25,712	$-21,794	+0.2%

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

N/A

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
Ben Casnocha	Director	2.00	Director	$0	$0	$0
Angie Mohr	Director	2.00	Director	$0	$0	$0
Jessica Young	President	2.00	Officer	$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	$201,187	$226,899	$18,126	$-25,712

New Anchor Foundation