Overview
What is Anchor Mentoring Inc?
Anchor Mentoring Inc, originally known as Zimras Binyomin, is a nonprofit organization based in Far Rockaway, New York, specifically at 711 Annapolis Street. Their primary mission is to support and guide troubled adolescents in the Greater New York City area, aiming to help them become active members of their religion and community. They achieve this by operating a mentoring program, which involves assigning mentors to teenage boys and girls. These mentors engage with the teens in various settings such as their homes, schools, local synagogues, parks, or recreation venues. When necessary, the organization collaborates with outside organizations to enhance its mentoring services. With a team of five dedicated individuals, Anchor Mentoring Inc is committed to nurturing and guiding young people towards becoming productive members of their communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Anchor Mentoring Inc has achieved a solid Three-Star rating, reflecting a strong performance in Accountability & Finance with a score of 87%. This rating is significant as it indicates the charity's commitment to financial transparency and responsible governance. The organization has an independent board with 66% of its members being independent, which bolsters its governance practices.
The evaluation highlights commendable aspects, including a 90.55% program expense ratio, showing that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has well-established policies for conflict of interest, whistleblower protection, and document retention, underscoring its commitment to ethical operational practices.
There are no noted limitations in the financial data provided, indicating a stable financial position with a liabilities to assets ratio of just 3.96%. Overall, Anchor Mentoring Inc demonstrates a strong accountability framework and effective management of resources, making it a reputable choice for potential donors looking to support mentoring initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Anchor Mentoring Inc legitimate?
Anchor Mentoring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Mentoring 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,491
For more financial information, click here
What is the mission statement of Anchor Mentoring Inc?
Anchor Mentoring Inc's mission is centered around nurturing, guiding, and encouraging troubled adolescents, aiming to help them become active members of their religion and community. This is achieved through operational activities. The organization offers a mentoring program, providing mentors to teenage boys and girls in the Greater New York City area. These mentors spend time with the teens in various settings such as their homes, schools, local synagogues, parks, or recreation venues. In addition, Anchor Mentoring Inc utilizes outside organizations to supplement their mentoring efforts.
Who is the CEO of Anchor Mentoring Inc?
Chaim Metz is the President of Anchor Mentoring Inc.
What is the revenue of Anchor Mentoring Inc?
Anchor Mentoring Inc's revenue in 2022 was $462,983.
Who are the executives of Anchor Mentoring Inc and what are their salaries?
The average compensation at Anchor Mentoring Inc during 2022 was $21,898. There are 5 employees and 50 volunteers at Anchor Mentoring Inc.
Here are 3 key members and their salaries:
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Anchor Mentoring Inc?
Anchor Mentoring Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anchor Mentoring Inc
Anchor Mentoring Inc, as an organization, is dedicated to nurturing, guiding, and encouraging troubled adolescents to become responsible members of their religion and community. To achieve this mission, the nonprofit operates a mentoring program that connects teenage boys and girls in the Greater New York City area with supportive mentors. These mentors spend quality time with the teens in various settings, including their homes, schools, local synagogues, parks, and other recreational venues. In some cases, Anchor Mentoring Inc collaborates with external organizations to enhance its mentoring efforts. This proactive approach aims to empower these adolescents and help them integrate positively into their communities and religious communities.
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Impact
July, 2024
Anchor Mentoring Inc's impact on troubled adolescents in the Greater New York City area is substantial. By providing mentors who spend time with teenage boys and girls in various settings such as their homes, schools, synagogues, parks, and recreational venues, the organization offers critical guidance and support. Through these mentoring relationships, Anchor Mentoring Inc works to nurture, guide, and encourage troubled adolescents to become viable members of their religion and community. The organization's commitment to youth development has a positive influence on the lives of these adolescents, helping them navigate challenges and build a better future for themselves.
This information is meant to be a general summary of Anchor Mentoring 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.
- Program Service Revenue: $462,983
- Gross Receipts: $462,983
Assets and Liabilities:
- Total Assets: $269,711
- Total Liabilities: $13,369
- Net Assets: $256,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATIONS
Revenue
$462,983
Organization Details
Founding Year
2012
Phone
(347) 306-7193Principal Officer
Chaim Metz
Main Address
711 ANNAPOLIS STREET, FAR ROCKAWAY, NY, 11691
NTEE Category
Code: O31 - Youth development
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