My Anchor Church Inc
- Assets
- $242.5k
- Revenue
- $605.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Worth, FL
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 84-1788410
Organization Overview
My Anchor Church Inc is located in Lake Worth, FL. The organization was established in 2020. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. My Anchor Church Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
BRINGING HOPE TO THE HOPELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE WILL BE A CHURCH THAT POURS LOVE ON PEOPLE. WE WONT SHOW YOU LOVE BECAUSE OF WHAT YOU HAVE DONE, BUT BECAUSE OF WHO YOU ARE. GENEROSITY IS WHEN WE GIVE MORE THAN IS REQUIRED. WE DONT SEE GIVING AS A HAVE TO WE SEE GIVING AS A GET TO. WE ARE GENEROUS WITH ALL OUR TIME, TALENTS AND TREASURES SO THAT WE CAN GIVE BACK TO A GOD WHO HAS BEEN OVERWHELMINGLY GENEROUS TO US.WE DONT BELIEVE WORSHIP IS JUST SOMETHING THAT WE DO, WE BELIEVE WORSHIP IS WHO WE ARE. WORSHIP IS EXPRESSING REVERENCE AND ADORATION TO SOMETHING GREATER THAN OURSELVES. IN LIFE WE WILL ALL WORSHIP SOMETHING, WE HAVE CHOSEN TO WORSHIP GOD THE CREATOR WITH OUR WHOLE BEING.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $613,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $613,722 |
| Total Program Service Revenue | $0 |
| Investment income | $828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$8,993 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,557 |
| 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. | $124,800 |
| Compensation of current officers, directors, key employees. | $124,800 |
| Compensation to disqualified persons | $24,800 |
| Other salaries and wages | $109,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,174 |
| Payroll taxes | $17,023 |
| Fees for services: Management | $2,730 |
| Fees for services: Legal | $12,020 |
| Fees for services: Accounting | $3,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,871 |
| Advertising and promotion | $23,989 |
| Office expenses | $8,388 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,649 |
| Travel | $6,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,207 |
| Interest | $153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,496 |
| Insurance | $1,254 |
| All other expenses | $0 |
| Total functional expenses | $492,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,930 |
| 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 | $66,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $242,493 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $4,733 |
| Other liabilities | $0 |
| Total liabilities | $7,733 |
| Net assets without donor restrictions | $0 |
| 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 | $234,760 |
| Total liabilities and net assets/fund balances | $242,493 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that My Anchor Church Inc has recieved totaling $86.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cross International Inc Pompano Beach, FL | $1,626,437 | $52,631,066 |
Ligonier Ministries Inc Sanford, FL | $54,142,799 | $25,858,613 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |