SANCTUARY PLACE INC

EIN: 864005103 501(c)(3) Housing & Shelter

BOSTON, MA

Total Revenue
$218,292
Total Expenses
$109,829
Total Assets
$3,271,427
Net Assets
$1,043,956
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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
2021
Legal Domicile
MA
Principal Officer
WILLIAM GROGAN
Phone
6173508885
Tax Period
2024-10-01 to 2025-09-30

SANCTUARY PLACE INC, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $218K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $108K, a strong 50% operating margin.

Mission

SANCTUARY PLACE IS A FIRST-OF-ITS-KIND PROGRAM OFFERING SAFE, STABLE HOUSING AND COMPREHENSIVE WRAPAROUND SERVICES FOR SURVIVORS OF SEX TRAFFICKING AND SEXUAL EXPLOITATION. IN PARTNERSHIP WITH THE PLANNING OFFICE FOR URBAN AFFAIRS, WE PROVIDE A SUPPORTIVE ENVIRONMENT THAT HELPS RESIDENTS BREAK FREE FROM CYCLES OF TRAUMA AND INSTABILITY. WITH A FOCUS ON HEALING, EMPOWERMENT, AND LONG-TERM INDEPENDENCE, OUR PROGRAM EQUIPS SURVIVORS WITH THE TOOLS THEY NEED TO REBUILD THEIR LIVES AND ACHIEVE SUSTAINABLE STABILITY.

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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 $201,066
Investment Income $0
Other Revenue $17,226
TOTAL REVENUE $218,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $100,482
Other Expenses $109,829
TOTAL EXPENSES $109,829

Year-over-Year Comparison

2024 2023 Change
Revenue $218,292 $669,309 -0.7%
Expenses $109,829 $203,609 -0.5%
Net Income $108,463 $465,700 -0.8%
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
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
3
$367,128
Total Directors
3
$367,128
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM GROGAN PRESIDENT 2.00
Officer Director
$0 $43,890 $367,128
PATRICK MCMAHON TREASURER 0.10
Officer Director
$0 $0 $0
GERALD D'AVOLIO SECRETARY 0.10
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
2025 $218,292 $109,829 $3,271,427 $108,463
2024 $669,309 $203,609 $2,805,019 $465,700
2023 $50,000 No data $2,001,750 No data
2022 $660,930 No data $1,943,137 No data
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