Anchors For Life Foundation
- Assets
- $6.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Richland Hills, TX
- Founding
- 11/2013
- Data as of
- 12/2016
- EIN
- 45-2935368
Organization Overview
Anchors For Life Foundation is located in North Richland Hills, TX. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchors For Life Foundation 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 12/2016, Anchors For Life Foundation generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (74.1%) each year. All expenses for the organization totaled $9.3k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (65.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
WORKING WITH LIONS' CLUB OF AMERICA THROUGH THEIR LIONSQUEST PROGRAM TEACHING CITIZENSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Salas Chairperson | 4 | $0 | |
Glenda Heil Secretary | 4 | $0 | |
Don Noblit Treasurer | 4 | $0 | |
Carol Record Member | 4 | $0 | |
Carol Siegel Member | 4 | $0 | |
Juneria Berges Edd Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,701 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,045 |
| Occupancy, rent, utilities, and maintenance | $242 |
| Printing, publications, postage, and shipping | $2,238 |
| Other expenses | $3,778 |
| Total expenses | $9,303 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,395 |
| Other assets | $0 |
| Total assets | $6,651 |
| Total liabilities | $5,323 |
| Net assets or fund balances | $1,328 |