Overview
What is Anchal Inc?
Anchal Inc, based in Louisville, Kentucky, is a dedicated nonprofit organization that focuses on combating the exploitation of women worldwide. Their mission is achieved through design thinking, which enables them to create employment opportunities and products that foster economic empowerment. In 2022, they served 206 women, including one in the United States, who have survived exploitation in the commercial sex trade or domestic violence. These women, now artisans, were provided job opportunities in textile production through projects like Stitch x Stitch and Dyescape. Anchal's holistic program offers ongoing training, education workshops, health camps, gifts, and a supportive community. Over the years, they have employed over 500 women, helping 95% leave the sex trade or reduce clients. In 2022, they saw significant growth, increasing their leadership team, moving to a larger workspace, and producing more products. Their impact extends beyond the artisans, as their children also achieve academic milestones.
Official website here: www.anchalproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Anchal Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas. The organization scored 69%, reflecting commendable strengths, particularly in its program expense ratio, which stands at 91.82%. This suggests that a significant portion of its funds is directed towards its programs rather than administrative costs, indicating a commitment to its mission.
However, the organization has notable weaknesses in its accountability and finance practices. Despite having a board composed of 80% independent members, critical policies such as a conflict of interest and whistleblower policy are missing. Additionally, the lack of financial statements available for public access is a significant concern, which could affect transparency and stakeholder trust.
Overall, while Anchal Inc demonstrates a strong commitment to its programs, the absence of essential governance documentation and policies highlights areas for improvement to enhance its accountability to donors and the public. Addressing these gaps could lead to a more favorable rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Anchal Inc?
Anchal Inc. has received positive attention from users, with early reviews indicating a strong appreciation for its mission. With 100% of reviewers recommending the charity, the sentiment surrounding Anchal Inc. emphasizes its impact on women's empowerment both locally and globally.
The reviews highlight the organization’s commitment to helping women in need, showcasing the importance of its work and the difference it aims to make. Overall, individuals express enthusiasm for Anchal Inc.'s initiatives and the value it brings to the community.
This AI summary has been generated from reviews found on Facebook.
Is Anchal Inc legitimate?
Anchal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchal 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: $185,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,575
For more financial information, click here
Official website here: www.anchalproject.org
What is the mission statement of Anchal Inc?
Anchal Inc's mission is centered around combating the exploitation of women worldwide. They achieve this by employing design thinking to create job opportunities and sustainable products, thereby promoting economic empowerment. In 2022, Anchal provided services to 206 women, including survivors of exploitation in the commercial sex trade or domestic violence. These women, now artisans, were offered full-time or part-time jobs in textile production. The holistic program also offered training, workshops, health camps, gifts, and a supportive community. Since its founding in 2010, Anchal has employed over 500 women, helped 95% of its artisans leave the sex trade or reduce clients, and produced over 100,000 eco-friendly products. Anchal has collaborated with social justice organizations to provide long-term sustainable impact, and in 2022, they restructured their agreements to increase financial investment in the artisan program. This led to a 19% increase in investment from the previous year, resulting in significant expansion and impact for the women in the program.
Official website here: www.anchalproject.org
Who is the CEO of Anchal Inc?
Colleen A Clines is the Principal Officer of Anchal Inc. The CEO's salary of Anchal Inc is $93,000 and their total compensation is $97,522.
Official website here: www.anchalproject.org
What is the revenue of Anchal Inc?
Anchal Inc's revenue in 2022 was $941,403.
Official website here: www.anchalproject.org
Who are the executives of Anchal Inc and what are their salaries?
The average compensation at Anchal Inc during 2022 was $39,208. There are 10 employees and 14 volunteers at Anchal Inc.
Here are 12 key members and their salaries (Anchal Inc's CEO's salary is $93,000 and their total compensation is $97,522):
- Compensation: $92,500
- Related: $0
- Other: $7,713
- Compensation: $93,000
- Related: $0
- Other: $4,522
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- Other: $0
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- Other: $0
Official website here: www.anchalproject.org
Where can I find the form 990 for Anchal Inc?
Anchal Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anchalproject.org
Learn more at the official website: www.anchalproject.org
Mission Statement of Anchal Inc
Anchal Inc, a nonprofit organization, is dedicated to addressing the exploitation of women worldwide. They accomplish this mission by utilizing design thinking to create employment opportunities and products that contribute to economic empowerment. Anchal Inc's focus is on providing women who have survived exploitation in the commercial sex trade or domestic violence with job opportunities in textile production. The organization offers a holistic program that includes full-time or part-time employment, ongoing training, education workshops, health camps, gifts, and a supportive community. Since its founding in 2010, Anchal Inc has employed over 500 women, helping 95% of them leave the sex trade or reduce clients. In 2022, the organization provided services to 206 women in Ajmer, India, and one woman in Louisville, Kentucky.
Anchal Inc's mission is further reinforced by its partnerships with existing social justice organizations. In 2022, the organization spent months collaborating with Anoothi and Vatsalya to restructure their agreement and pricing model, aiming to provide more autonomy for local leadership, cover rising costs, and increase profit margins for reinvestment in the community. This renewed agreement allowed for a significant increase in financial investment in the artisan program, leading to a 19% increase from 2021. The expansion and impact of Anchal's program in 2022 were substantial, with a 60% increase in the leadership team of project assistants, a move to a larger workshop space, and a 23% increase in products made by Anchal artisans. One of the program's standout success stories is Rajiya, who joined the training program to earn more money for her family and learn new skills like machine sewing and teamwork. The impact of Anchal's program also extends to the children of its artisans, with achievements such as newspaper recognition and college acceptance.
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Impact
October, 2024
Anchal Inc. is making significant strides in addressing the exploitation of women by providing them with employment opportunities and comprehensive support. In 2022 alone, the organization worked with 205 women in Ajmer, India, and 1 in Louisville, Kentucky, who have survived the commercial sex trade or domestic violence. By enrolling these women in projects such as Stitch x Stitch and DYESCAPE, Anchal created both full-time and part-time job opportunities in textile production, empowering them economically and socially.
The impact of Anchal's initiatives is profound. To date, the organization has employed over 500 women, helping 95% of its artisans transition away from the sex trade or reduce their clientele. The commitment to sustainable practices is evident as well, with the production of over 100,622 eco-friendly products. In 2022, Anchal implemented a new pricing model with local partners, ensuring greater autonomy and financial sustainability while increasing investment in artisan programs by 19%.
This year also highlighted notable growth for the artisans with a 23% increase in product output and expansion in leadership, enhancing the support network for the women involved. Personal stories, such as that of Rajia, reflect the transformational opportunities provided through skill development and community support. The positive influence extends beyond the artisans themselves, as evidenced by the academic successes of their children, showcasing generational change.
Anchal Inc. is not only addressing immediate needs but fostering long-term empowerment and stability in the communities it serves, paving the way for a brighter future.
This information is meant to be a general summary of Anchal 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: $39
- Program Service Revenue: $824,827
- Gross Receipts: $941,403
Assets and Liabilities:
- Total Assets: $471,154
- Total Liabilities: $23,115
- Net Assets: $448,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCT SALES
Revenue
$824,827
Organization Details
Founding Year
2010
Phone
(502) 807-1477Principal Officer
Colleen A Clines
Main Address
2500 MONTGOMERY ST 10, LOUISVILLE, KY, 40212
Website
www.anchalproject.orgNTEE Category
Code: P20 - Human services
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