Anchor Point Inc
- Assets
- $516.6k
- Revenue
- $83.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MD
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 26-2090520
Organization Overview
Anchor Point Inc is located in Cambridge, MD. The organization was established in 2009. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchor Point Inc 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 06/2022, Anchor Point Inc generated $83.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $189.5k during the year ending 06/2022. While expenses have increased by 7.5% per year over the past 7 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
TO PROVIDE MENTORING AND CHARACTER BUILDING, JOB TRAINING AND EDUCATION EXPERIENCES FOR YOUTH AND ADULTS THROUGH VARIOUS ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH PROJECTS INCLUDING FOOD BANK AND DAY CARE CENTER.
COMMUNITY PROJECTS AND SUPPORT TO BUILD THE COMMUNITY AND TRUST.
WORKFORCE DEVELOPMENT PROGRAM
GENERAL PROGRAM EXPENSES AND SERVICE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Mcrae Executive Director & Board Member | OfficerTrustee | 40 | $0 |
Nancy Mcrae Secretary & Board Member | OfficerTrustee | 30 | $0 |
Wendy Mcrae Board Member | Trustee | 2 | $0 |
Robert Gladney Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,203 |
| Total Program Service Revenue | $72,473 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,260 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,719 |
| 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 | $14,601 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,143 |
| Information technology | $140 |
| Royalties | $0 |
| Occupancy | $5,018 |
| Travel | $9,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $392 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,858 |
| Insurance | $0 |
| All other expenses | $14,644 |
| Total functional expenses | $189,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,664 |
| Savings and temporary cash investments | $550 |
| 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 | $415,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $90,743 |
| Total assets | $516,557 |
| 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 | $3,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,000 |
| 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 | $513,557 |
| Total liabilities and net assets/fund balances | $516,557 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Anchor Point Inc has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Waddell Foundation Inc Cambridge, MD PURPOSE: ASSIST POOR | $5,000 |
Waddell Foundation Inc Cambridge, MD PURPOSE: ASSIST POOR | $5,000 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Parks Conservation Association Washington, DC | $74,519,726 | $41,743,039 |
Global Environment & Technology Foundation Arlington, VA | $13,937,500 | $15,203,934 |
Kipp North Philadelphia Charter School Philadelphia, PA | $2,355,125 | $6,700,901 |
The National Environmental Education And Training Foundation Washington, DC | $2,339,365 | $4,620,230 |
Delaware Nature Society Inc Hockessin, DE | $53,862,296 | $7,157,698 |
International Conservation Caucus Foundation Washington, DC | $1,011,083 | $2,574,743 |
American Flood Coalition Inc Washington, DC | $5,202,884 | $5,634,204 |
The Schuylkill Center For Environmental Education Philadelphia, PA | $10,822,315 | $3,090,919 |
Oglebay Institute Wheeling, WV | $22,985,672 | $2,941,395 |
Delaware Riverkeeper Network Bristol, PA | $2,263,203 | $2,510,887 |
Irvine Natural Science Center Inc Owings Mills, MD | $13,723,706 | $2,497,681 |
Brandywine Red Clay Alliance West Chester, PA | $11,691,192 | $1,396,140 |