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Anchor-Cross Ministries

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200017640 ✦ Medford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Anchor-Cross Ministries?

Anchor-Cross Ministries is a nonprofit organization situated in Medford, Massachusetts, specifically at 52 Oakland Street. Their primary mission is to foster the growth of Christian religion through various means. This encompasses the publication of books, production of other literary works and audio-visual content, organizing events such as lectures, meetings, conferences, and retreats, and promoting Christian higher education. Each year, they grant the publishing rights of their books to Scroll Publishing. Their activities extend beyond print and physical events, also utilizing the internet as a medium for their mission.


Official website here: www.anchorcross.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Anchor-Cross Ministries has received a solid rating of 79% from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization boasts a fully independent board, which is a positive sign for governance, and has demonstrated transparency by listing its conflict of interest and whistleblower policies on its website. Additionally, it has not reported any material diversion of assets, suggesting strong financial integrity.

However, while the organization performs well in governance metrics, its program expense ratio is relatively low at 55.76%. This may raise some concerns about the proportion of resources allocated directly to its mission-driven programs compared to administrative or fundraising expenses. The organization has maintained a good ratio of liabilities to assets at 0.00%, reflecting a stable financial position without debt.

Overall, Anchor-Cross Ministries shows a commitment to accountability and transparency, but potential donors might want to consider its program spending alongside its positive governance practices when evaluating its effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Anchor-Cross Ministries legitimate?

Anchor-Cross Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor-Cross Ministries 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: $0

For more financial information, click here


Official website here: www.anchorcross.org

What is the mission statement of Anchor-Cross Ministries?

Anchor-Cross Ministries is committed to the advancement of the Christian religion. They achieve this goal through various means, such as publishing books, distributing other literature, using audio-visual materials, conducting lectures, organizing meetings and conferences, hosting retreats, and promoting Christian higher education. Furthermore, the organization is dedicated to the dissemination and advancement of Christian teachings through the internet. Annually, they donate the publishing rights of their books to Scroll Publishing.


Official website here: www.anchorcross.org

Who is the CEO of Anchor-Cross Ministries?

Finny Kuruvilla is the President And Director of Anchor-Cross Ministries.


Official website here: www.anchorcross.org

What is the revenue of Anchor-Cross Ministries?

Anchor-Cross Ministries's revenue in 2021 was $5,506.


Official website here: www.anchorcross.org

Who are the executives of Anchor-Cross Ministries and what are their salaries?

There 3 volunteers at Anchor-Cross Ministries.


Here are 3 key members and their salaries:


Finny Kuruvilla (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Horning (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lamicela (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anchorcross.org

Where can I find the form 990 for Anchor-Cross Ministries?

Anchor-Cross Ministries's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.anchorcross.org

Learn more at the official website: www.anchorcross.org

Mission Statement of Anchor-Cross Ministries

Anchor-Cross Ministries is committed to advancing the Christian religion in various ways. This nonprofit organization accomplishes this mission through multiple channels, including the distribution of books, printed literature, audio-visual materials, and content on the internet. Furthermore, Anchor-Cross Ministries hosts lectures, meetings, conferences, retreats, and promotes Christian higher education. The organization's efforts are geared towards spreading the Christian faith and encouraging its growth through diverse mediums and platforms.

In line with its mission, Anchor-Cross Ministries donates its publishing rights to Scroll Publishing annually. This partnership allows the organization's teachings and literature to reach a broader audience, thereby amplifying its efforts to promote the Christian religion. By leveraging various means of communication and education, Anchor-Cross Ministries seeks to make a significant impact on the advancement of the Christian faith.

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Impact




August, 2024

Anchor-Cross Ministries has a significant impact on promoting the advancement of the Christian religion through various means such as books, printed literature, audio-visual materials, the internet, lectures, meetings, conferences, retreats, and the promotion of Christian higher education. The organization's dedication to spreading the teachings and values of Christianity helps to strengthen faith, educate individuals, and foster a sense of community among believers. Through its activities and initiatives, Anchor-Cross Ministries plays a vital role in sharing the message of Christianity and supporting spiritual growth.




This information is meant to be a general summary of Anchor-Cross Ministries. 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.

Revenue
$5,506 (2021)
Expenses
$3,135 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $5,506
  • Gross Receipts: $5,506

Assets and Liabilities:

  • Total Assets: $841,290
  • Total Liabilities: $0
  • Net Assets: $841,290

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Book publishing

Revenue

$3,434

Publishing rights

Revenue

$2,072

Organization Details

Founding Year

2003

Principal Officer

Finny Kuruvilla

Main Address

52 Oakland Street, Medford, MA, 02155

NTEE Category

Code: X83 - Religion related

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