Anchor Home
- Assets
- $128.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midlothian, TX
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 82-0958671
Organization Overview
Anchor Home is located in Midlothian, TX. The organization was established in 2017. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. Anchor Home 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 12/2022, Anchor Home generated $71.2k 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 (13.7%) each year. All expenses for the organization totaled $92.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Condray President | 0.4 | $0 | |
Darlene Hardy Secretary | 0.4 | $0 | |
Robert Frazer Treasurer | 0.4 | $0 | |
Stephen Crane Board Member | 0.4 | $0 | |
Melinda Fraizer Executive Director | 15 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,245 |
| 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 | $71,245 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,297 |
| Professional fees and other payments to independent contractors | $2,055 |
| Occupancy, rent, utilities, and maintenance | $44,703 |
| Printing, publications, postage, and shipping | $546 |
| Other expenses | $13,288 |
| Total expenses | $92,889 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,923 |
| Other assets | $0 |
| Total assets | $128,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,773 |