Anchor House Inc
- Assets
- $870.3k
- Revenue
- $699.7k
- Investments
- $0.0
- Employees
- 16
- Location
- Seymour, IN
- Founding
- 11/1990
- Data as of
- 12/2020
- EIN
- 35-1803634
Organization Overview
Anchor House Inc is located in Seymour, IN. The organization was established in 1990. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2020, Anchor House Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchor House 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 12/2020, Anchor House Inc generated $699.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $577.5k during the year ending 12/2020. While expenses have increased by 7.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY ASSISTANCE TO FAMILIES IN NEED OF TEMPORARY HOUSING AND COMMUNITY FOOD PANTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF ANCHOR HOUSE, INC. IS TO AFFORD ASSISTANCE TO FAMILIES IN EMERGENCY SITUATIONS BY PROVIDING TEMPORARY HOUSING AND/OR AVAILABLE RESOURCES TO EMPOWER THEM TO MANAGE THEIR OWN PATHS TOWARD A FUTURE OF INDEPENDENCE. IN 2020, THE FOOD PANTRY SERVED 8,500 FAMILIES AND THERE WERE 150 FAMILIES THAT WERE RESIDENTS FOR AN AVERAGE STAY OF 52 DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Cherry Executive Director | Officer | 40 | $47,815 |
Amy Hiester President | OfficerTrustee | 8 | $0 |
Eddie Murphy Vice President | OfficerTrustee | 4 | $0 |
Ashley Smith Secretary | OfficerTrustee | 4 | $0 |
Holly Fields Treasurer | OfficerTrustee | 4 | $0 |
Karen Battin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $36,756 |
| Membership dues | $0 |
| Fundraising events | $22,309 |
| Related organizations | $0 |
| Government grants | $85,789 |
| All other contributions, gifts, grants, and similar amounts not included above | $550,535 |
| Noncash contributions included in lines 1a–1f | $304,255 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $695,389 |
| Total Program Service Revenue | $3,390 |
| Investment income | $904 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $699,683 |
| 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. | $47,815 |
| Compensation of current officers, directors, key employees. | $5,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,077 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $603 |
| 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 | $3,134 |
| Information technology | $1,224 |
| Royalties | $0 |
| Occupancy | $31,918 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,798 |
| Insurance | $12,531 |
| All other expenses | $659 |
| Total functional expenses | $577,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,537 |
| Savings and temporary cash investments | $103,036 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,935 |
| 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 | $587,772 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $870,280 |
| Accounts payable and accrued expenses | $3,588 |
| Grants payable | $0 |
| Deferred revenue | $46,599 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,187 |
| Net assets without donor restrictions | $820,093 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $870,280 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Anchor House Inc has recieved totaling $106,313.
| Awarding Organization | Amount |
|---|---|
Jackson County United Way Inc Seymour, IN PURPOSE: CAMPAIGN GENERATED FUNDING FOR AGENCY ALLOCATION AND COVID EMERGENCY RELIEF FUND | $70,791 |
Community Foundation Of Jackson County Inc Seymour, IN PURPOSE: GRANT | $30,400 |
Round Room Gives Inc Fishers, IN PURPOSE: PROVIDE COMPUTERS, DESKS AND PROGRAM EQUIPMENT FOR A STABILITY AND SELF-SUFFICIENCY PROGRAM AT A HOMELESS SHELTER | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Homes Skokie, IL | $460,360,428 | $88,918,255 |
Corporate America Family Credit Elgin, IL | $809,180,688 | $33,061,096 |
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |
Coordinated Advice And Referral Program For Legal Services Chicago, IL | $2,874,944 | $4,385,388 |
Illinois Child Care Bureau Chicago, IL | $364,682 | $4,111,886 |