Anchored Hope International
- Assets
- $15.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 83-2732836
Organization Overview
Anchored Hope International is located in Corpus Christi, TX. The organization was established in 2019. According to its NTEE Classification (X01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchored Hope International 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 12/2023, Anchored Hope International generated $91.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $91.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
THE SPECIFIC PURPOSE FOR WHICH THE CORPORATION IS INITIALLY ORGANIZED IS TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC AND HUMANITARIAN OUTREACH, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3), INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Staggs President | 0 | $0 | |
Jon Staggs Vice President | 0 | $0 | |
Jennifer Ohman Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,225 |
| 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 | $91,226 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,645 |
| Total expenses | $91,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,866 |
| Other assets | $0 |
| Total assets | $15,667 |
| Total liabilities | $157,000 |
| Net assets or fund balances | -$141,333 |