Anchor Church 32-0460018, operating under the name The Anchor Church, is located in Cypress, TX. The organization was established in 1965. Anchor Church is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Anchor Church generated $310.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $318.9k during the year ending 12/2019. While expenses have increased by 40.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THAT PEOPLE FAR FROM GOD WILL KNOW AND TELL OTHERS THE HOPE IN JESUS. CHURCH, DISCIPLESHIP, MISSIONS, TEACHING THE GOSPEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS WE OFFERED DURING OUR SUNDAY CHURCH SERVICES INCLUDE, WORSHIP, PREACHING AND KIDS MINISTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rafael Paez Pastor | 60 | $22,480 | |
Amber Colchado Administration | 20 | $0 | |
Jessica Paez Finance | 30 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Eli Gonzalez Sound Engineer | 12/30/18 | $4,900 |
Rafael A Paez Pastor | 12/30/18 | $89,467 |
Rafael A Paez Pastor | 12/30/18 | $89,467 |
Eli Gonzalez Sound Engineer | 12/30/18 | $4,900 |
Thomas Baker Worship Leader | 12/30/18 | $7,000 |
Thomas Baker Worship Leader | 12/30/18 | $7,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $258,781 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $258,781 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $310,862 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $136,375 |
Advertising and promotion | $13,638 |
Office expenses | $108,311 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,065 |
Travel | $3,088 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,091 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,357 |
All other expenses | $0 |
Total functional expenses | $318,925 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,633 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $27,633 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $27,633 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $27,633 |
Over the last fiscal year, we have identified 1 grants that Anchor Church 32-0460018 has recieved totaling $15,480.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,480 |
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