Anchorage Remade
- Assets
- $1.4m
- Revenue
- $473.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-4390451
Organization Overview
Anchorage Remade is located in Anchorage, AK. The organization was established in 2015. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Remade 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 12/2022, Anchorage Remade generated $473.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $483.7k during the year ending 12/2022. While expenses have increased by 31.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPURPOSE: UPCYCLE/REPAIR OUTDATED AND DAMAGED ITEMS TO SELL. RESULTS: ALL PROCEEDS ARE USED TO EMPOWER PEOPLE DESIRING CHANGE IN THEIR LIVES. RENEW: COLLABORATING WITH INDIVIDUALS AND NONPROFITS TO PROVIDE VOLUNTEER OPPORTUNITIES, LIFE SKILLS, COACHING AND MIRCO-BUSINESS TRAINING AND SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTREPRENEURS/START UPS (CONTRACTORS) SALE OF GOODS CREATED BY SMALL BUSINESS START UPS
SPONSORSHIPS (CONTRIBUTIONS TO SUPPORT VOLUNTEERS), STORE PROGRAMS THAT INVOLVE VOLUNTEER SERVICES AND CONTRIBUTION OF TIME.
FOOD/CHEF START UPS SALE OF FOOD PREPARED BY NEW SMALL BUSINESS CHEFS
EDUCATION (CONTRACTOR CLASSES) CRAFTING/FOOD/CREATIVE ART CLASSES TAUGHT BY SMALL BUSINESS START UP INSTRUCTORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Forner President | Officer | 20 | $9,697 |
Patricia Buist Creative Dir | Trustee | 10 | $6,036 |
Hermina Din Board Member | Trustee | 0.3 | $0 |
Anders Harstad-Bell Board Member | Trustee | 0.1 | $0 |
Stacey Marshall Secretary | Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,230 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,547 |
| Noncash contributions included in lines 1a–1f | $96,894 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,777 |
| Total Program Service Revenue | $220,295 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,655 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,395 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $91,499 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $473,475 |
| 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 | $530 |
| Fees for services: Accounting | $5,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,892 |
| Office expenses | $8,510 |
| Information technology | $211 |
| Royalties | $0 |
| Occupancy | $41,615 |
| Travel | $260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,321 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,084 |
| All other expenses | $102,578 |
| Total functional expenses | $483,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,677 |
| 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 | $1,349,943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,359,620 |
| 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 | $1,167,823 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,167,823 |
| Net assets without donor restrictions | $191,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $1,359,620 |