ANCHOR-AGE CENTER

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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

1981

Legal Domicile

Principal Officer

REBECCA PARKER

Phone

9072587823

Tax Period

2024-01-01 to 2024-12-31

ANCHOR-AGE CENTER, founded in 1981, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 8% surplus.

Mission

THE MISSION OF THE ANCHORAGE SENIOR ACTIVITY CENTER IS TO ENHANCE THE QUALITY OF LIFE OF OLDER ADULTS BY PROMOTING FITNESS, HEALTH AND WELLNESS, NUTRITION, SOCIAL INTERACTION AND CULTURAL ENRICHMENT.

Program Service Accomplishments

Program 1

Expenses: $608,828 Revenue: $55,463

HEALTH AND RECREATION: MEMBERSHIP, FITNESS CLASSES, FALL PREVENTION, NUTRITIONAL AND HEALTH EDUCATION, MEDICARE COUNSELING, BENEFIT SCREENING, SENIOR MEALS (OVER 30,000 MEALS PROVIDED IN 2024), AND...

Program 2

Expenses: $143,045 Revenue: $360,502

MEMBER ACTIVITIES: RESTAURANT FOR MEMBERS, SOCIAL HOUR, CRAFT ROOM, LIBRARY, ART ROOM AND OTHER COMMITTEES.

Program 3

Expenses: $117,243 Revenue: $6,441

PROGRAM ACTIVITIES: INCLUDING DANCES, VOLUNTEER COORDINATION, AND NEWSLETTER.

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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 $1,440,809

Program Service Revenue $422,406

Investment Income $589,341

Other Revenue $192,170

TOTAL REVENUE $2,644,726

Expense Breakdown

Grants Paid $23,040

Salaries & Benefits $1,331,561

Fundraising Expenses $24,019

Program Expenses $1,512,180

Other Expenses $1,079,515

TOTAL EXPENSES $2,434,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,644,726	$2,098,893	+0.3%
Expenses	$2,434,116	$2,173,527	+0.1%
Net Income	$210,610	$-74,634	-3.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

500

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

$236,933

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA PARKER	EXECUTIVE DI	40.00	Officer	$126,723	$15,459	$142,182
STEPHANIE ROSE	FINANCE/ADMI	40.00	Officer	$80,262	$14,489	$94,751
ADELHEID BECKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
NANCY GROSZEK	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOE MATHIS	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN QUIRK	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES BAILEY	SECRETARY	1.00	Officer Director	$0	$0	$0
LANCE BOWIE	DIRECTOR	1.00	Director	$0	$0	$0
JUDY BRADY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LAASCH	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN CUDDY	DIRECTOR	1.00	Director	$0	$0	$0
JIM KOSTKA	DIRECTOR	1.00	Director	$0	$0	$0
ELSA SARGENTO	DIRECTOR	1.00	Director	$0	$0	$0
KELLY STEWART	DIRECTOR	1.00	Director	$0	$0	$0
STEVE FRANKLIN	DIRECTOR	1.00	Director	$0	$0	$0
JUNA PENNEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE HAYDN BUCHANAN	DIRECTOR	1.00	Director	$0	$0	$0
GORDON GLASER	DIRECTOR	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	$2,644,726	$2,434,116	$6,555,709	$210,610
2024	No data	No data	No data	No data
2023	$2,042,395	$2,149,528	$6,400,378	$-107,133
2023	$2,098,893	$2,173,527	$6,407,054	$-74,634
2022	$2,606,870	$1,894,575	$6,217,916	$712,295
2021	$1,975,023	$1,649,967	$6,421,680	$325,056
2020	$1,755,600	$1,583,498	$5,978,742	$172,102
2018	$1,666,081	$1,510,237	$4,698,036	$155,844