New Anchor Foundation
- Assets
- $102.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Walnut, CA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-3328307
Organization Overview
New Anchor Foundation is located in Walnut, CA. The organization was established in 2019. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Anchor Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HOSTED HOUSING IS AN ARRANGEMENT IN WHICH INDIVIDUALS WITH STABLE HOUSING PROVIDE TEMPORARY HOUSING FOR REFUGEE/ASYLEE INDIVIDUALS OR FAMILIES INSIDE THEIR HOMES OR IN A SEPARATE UNIT ON THEIR PROPERTY FOR A LIMITED AMOUNT OF TIME. THE HOSTING MODEL OFFERS REFUGEES AND ASYLUM SEEKERS THE STABILITY, GROUNDING, AND RELATIONSHIPS THAT CAN HELP FOSTER A SMOOTHER TRANSITION TO THE BAY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Young President | 2 | $0 | |
Stephen Dodson Director | 2 | $0 | |
John Casnocha Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,188 |
| 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 | $115,188 |
| 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 | $24,295 |
| Total expenses | $24,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,707 |
| Other assets | $0 |
| Total assets | $102,707 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,707 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Anchor Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Area Community Services Housing Corporation Oakland, CA | $32,429,080 | $14,277,346 |
Bonita House Inc Oakland, CA | $9,249,127 | $8,199,121 |
Bethel Lutheran Home Inc Selma, CA | $6,053,486 | $7,514,806 |
Childrens Receiving Home Of Sacramento Sacramento, CA | $10,913,892 | $5,213,560 |
Lunalilo Home Honolulu, HI | $16,842,204 | $3,576,516 |
Next Step Strategies Inc Clackamas, OR | $107,122 | $4,007,465 |
Serra Residential Center Union City, CA | $6,900,354 | $5,886,355 |
Mid-Peninsula Baker Park Inc Foster City, CA | $11,504,920 | $3,244,153 |
Merritt Community Capital Corp Oakland, CA | $34,382,493 | $8,692,204 |
Stonehaven Student Housing Inc San Rafael, CA | $14,376,798 | $4,180,061 |
Ka Mana O Na Helu Pearl City, HI | $1,824,301 | $3,671,732 |
Treasure House Glendale, AZ | $9,453,953 | $2,253,912 |