Anchor Hope
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 04/2019
- Data as of
- 09/2023
- EIN
- 83-0737584
Organization Overview
Anchor Hope is located in Greensboro, NC. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchor Hope 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 09/2023, Anchor Hope generated $78.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $55.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Mckinney President | 3 | $0 | |
Carole Stoneking Board Member | 1 | $0 | |
Tim Hamlin Treasurer | 2 | $0 | |
Mildred Powell Board Member | 1 | $0 | |
Joannie Capps Board Member | 2 | $0 | |
Michelle Rogers Director Or | 12 | $3,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,318 |
| 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 | $4,250 |
| Occupancy, rent, utilities, and maintenance | $35,457 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,163 |
| Total expenses | $55,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,381 |
| Other assets | $0 |
| Total assets | $129,431 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,431 |