Overview
What is Anchor Program Fund Inc?
Anchor Program Fund Inc, located in Lido Beach, New York, is a nonprofit organization that serves the needs of special needs children and adults through organized recreation. Through voluntary contributions, they provide funds for unique activities, programs, supplies, and equipment that aim to enhance the lives of these individuals. The programs they offer include various forms of entertainment, excursions, and wholesome activities, all designed to cater to the specific needs of these children and adults. The organization currently has a small team of one dedicated individual working towards this mission.
Official website here: www.campanchor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Anchor Program Fund Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong accountability and finance score of 88%. This score is solely derived from its fiscal responsibility measures, indicating a focused approach on maintaining financial health and transparency. The organization demonstrates a commendable commitment to governance, as evidenced by its board consisting entirely of independent members and the absence of any material diversion of assets.
Strengths highlighted in the rating include a high program expense ratio of 71.62%, which suggests that a significant portion of its expenditures directly support its mission. Additionally, the organization has established sound policies regarding conflict of interest and retains thorough documentation of board meeting minutes, further enhancing its operational integrity. The financial statements are appropriately reviewed or compiled, bolstering confidence in their accuracy.
Despite these strengths, there are areas for improvement. The organization is noted for missing a whistleblower policy and a document retention and destruction policy, which can be critical for operational transparency and risk management. Addressing these gaps could enhance its overall governance and provide additional confidence to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Anchor Program Fund Inc?
Although Anchor Program Fund Inc has not yet accumulated a sufficient number of ratings for a comprehensive overview, the early reviews suggest a positive outlook. One reviewer highlighted the program's significance in providing enjoyable experiences for kids with disabilities, indicating that it serves an important role in the community.
With only three reviews currently available, the sentiment seems to lean favorably towards the program's goals and impact. Supporters appreciate the organization’s mission and its dedication to making a difference in the lives of children facing challenges.
As more people engage with Anchor Program Fund Inc, it will be interesting to see how the accumulated feedback might further reflect the community's perceptions and experiences.
This AI summary has been generated from reviews found on Facebook.
Is Anchor Program Fund Inc legitimate?
Anchor Program Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Program Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,109
For more financial information, click here
Official website here: www.campanchor.org
What is the mission statement of Anchor Program Fund Inc?
The Anchor Program Fund Inc. is an organization that receives funds through voluntary contributions, with the mission of benefiting special needs children and adults. These funds are utilized in designing and implementing various programs that provide entertainment, field trips, and other wholesome activities for these individuals. The primary objective of these programs is to enhance the quality of life and provide beneficial experiences for the participants. The funds are also used to procure special supplies, equipment, and resources to cater to the specific needs of these individuals, contributing to organized recreation programs.
Official website here: www.campanchor.org
Who is the CEO of Anchor Program Fund Inc?
Susan Cuoc is the Principal Officer of Anchor Program Fund Inc.
Official website here: www.campanchor.org
What is the revenue of Anchor Program Fund Inc?
Anchor Program Fund Inc's revenue in 2022 was $613,468.
Official website here: www.campanchor.org
Who are the executives of Anchor Program Fund Inc and what are their salaries?
The average compensation at Anchor Program Fund Inc during 2022 was $53,109. There is 1 employee and 350 volunteers at Anchor Program Fund Inc.
Here are 13 key members and their salaries:
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Official website here: www.campanchor.org
Where can I find the form 990 for Anchor Program Fund Inc?
Anchor Program Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.campanchor.org
Learn more at the official website: www.campanchor.org
Mission Statement of Anchor Program Fund Inc
Anchor Program Fund Inc, a nonprofit organization, is dedicated to receiving funds through voluntary contributions for the benefit of special needs children and adults. Their mission is to design and implement various forms of entertainment, field trips, and wholesome activities for these individuals. The primary objective of these programs is to enhance the overall experience and address the unique needs of these children and adults through organized recreation, referred to as the "Anchor" program. By providing funding for special activities, programs, supplies, and equipment, Anchor Program Fund Inc aims to contribute positively to the lives of its participants.
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Impact
July, 2024
The Anchor Program Fund Inc's impact is focused on providing funding for special activities, programs, supplies, and equipment that enhance the needs of citizens through organized recreation experiences for special needs children and adults. Their programs are designed to offer various forms of entertainment, field trips, and other wholesome activities aimed at benefiting these individuals in a meaningful way.
This information is meant to be a general summary of Anchor Program Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $253
- Program Service Revenue: $120,126
- Gross Receipts: $698,266
Assets and Liabilities:
- Total Assets: $1,336,380
- Total Liabilities: $10,367
- Net Assets: $1,326,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$120,126
Organization Details
Founding Year
1978
Phone
(516) 414-6505Principal Officer
Susan Cuoc
Main Address
630 LIDO BLVD, LIDO BEACH, NY, 11561
Website
www.campanchor.orgNTEE Category
Code: Z99 - Unknown
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