ANCHOR HOUSE SERVICES INC

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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

2023

Legal Domicile

Phone

8636651916

Tax Period

2024-04-01 to 2025-03-31

ANCHOR HOUSE SERVICES INC, founded in 2023, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024.

Mission

PROVIDE RESIDENTIAL CARE FOR YOUNG PEOPLE WHO HAVE EXPERIENCED ABUSE, NEGLECT OR ABANDONMENT, AND TRANSITION HOUSING FOR YOUNG MEN AND WOMEN AGING OUT OF FOSTER CARE.

Program Service Accomplishments

Program 1

Expenses: $2,020,468 Revenue: $1,810,225

ANCHOR HOUSE SERVICES INC PROVIDES HOUSING AND OTHER SERVICES TO YOUNG PEOPLE IN THE FOSTER SYSTEM OR WHO HAVE AGED OUT AND ARE IN TRANSITION. EDUCATION PLANS ARE INDIVIDUALIZED TO ALLOW FOR EACH...

ANCHOR HOUSE SERVICES INC PROVIDES HOUSING AND OTHER SERVICES TO YOUNG PEOPLE IN THE FOSTER SYSTEM OR WHO HAVE AGED OUT AND ARE IN TRANSITION. EDUCATION PLANS ARE INDIVIDUALIZED TO ALLOW FOR EACH CHILD TO REACH THEIR BEST POSSIBLE POTENTIAL. ANCHOR HOUSE ENDEAVORS TO ALLOW EACH YOUNG PERSON TO MANAGE THEIR OWN BEHAVIOR, MAKE SOUND LIFE CHOICES AND MAKE POSITIVE DECISIONS IN AN EFFORT TO RETURN TO THEIR OWN FAMILY SETTING OR ON TO INDEPENDENT LIVING. BARNABAS HOUSES PROVIDE THIS FOR BOYS WHEN THEY REACH 18, WHILE CATHERINE HOUSE PROVIDES THE SAME SERVICE TO GIRLS WHO REACH 18. THESE HOUSES ARE AVAILABLE TO YOUNG PEOPLE AS THEY REACH 18 AND AGE OUT OF THE FOSTER SYSTEM.

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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 $898,701

Program Service Revenue $1,810,225

Investment Income $11,886

Other Revenue $7,812

TOTAL REVENUE $2,728,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,762,451

Fundraising Expenses $113,581

Program Expenses $2,020,468

Other Expenses $958,083

TOTAL EXPENSES $2,720,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,728,624	N/A	N/A
Expenses	$2,720,534	N/A	N/A
Net Income	$8,090	N/A	N/A

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

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

$64,616

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE STOLK	EXECUTIVE DIRECTOR	40.00	Key Emp	$64,616	$0	$64,616
LEE A BURROWS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TONYA AKWETEY	DIRECTOR	1.00	Director	$0	$0	$0
MATT BURKS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF SPEAR	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES KELLARD	DIRECTOR	1.00	Director	$0	$0	$0
JOSE CONCEPCION	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
2025	$2,728,624	$2,720,534	$728,192	$8,090