Overview
What is Anchored Ministries Corp?
Anchored Ministries Corp is a Kentucky-based nonprofit organization, specifically located at PO Box 1015, Williamsburg. Their primary mission is to offer a safe, Christian environment for individuals in recovery from addiction or abuse. They aim to promote self-reliance and safety for women who have suffered through these challenges. With a workforce of four dedicated individuals, they strive to provide essential resources and support to help these individuals regain their lives and overcome their struggles.
What are the reviews and ratings of this charity?
Charity Navigator rating: 33%, Zero-Star out of Four Star rating
Anchored Ministries Corp has received a low rating of 33% from Charity Navigator, indicating significant shortcomings in accountability and financial transparency. While the organization boasts a majority of independent board members and maintains proper documentation of board meeting minutes, it falls short in several critical areas that impact its overall assessment.
Key strengths include having no material diversion of assets and a favorable independent board size, which reflects a commitment to governance. However, the organization's lack of a conflict of interest policy, whistleblower policy, and proper tax form posting on its website raises concerns about its operational integrity and transparency.
Financially, the program expense ratio is low at 34.92%, which suggests that a substantial portion of funds may not be directed toward programs and services. Additionally, the liabilities to assets ratio of 0.00% points to potential issues in financial management. Overall, potential donors and stakeholders may want to approach Anchored Ministries Corp with caution due to these significant transparency and financial management issues.
This AI summary has been generated from information found on Charity Navigator.
Is Anchored Ministries Corp legitimate?
Anchored Ministries Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchored Ministries Corp 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: $107,047
For more financial information, click here
What is the mission statement of Anchored Ministries Corp?
The mission of Anchored Ministries Corp is to establish a secure, Christian environment that fosters safety and self-reliance for individuals who have been affected by addiction or abuse. Specifically, their goal is to provide a safe haven for those in recovery from addiction. The organization offers assistance to women in their recovery process.
Who is the CEO of Anchored Ministries Corp?
Staci Moses is the Secretary of Anchored Ministries Corp.
What is the revenue of Anchored Ministries Corp?
Anchored Ministries Corp's revenue in 2022 was $462,773.
Who are the executives of Anchored Ministries Corp and what are their salaries?
The average compensation at Anchored Ministries Corp during 2022 was $26,762. There are 4 employees at Anchored Ministries Corp.
Here are 2 key members and their salaries:
- Compensation: $11,200
- Related: $0
- Other: $0
- Compensation: $11,550
- Related: $0
- Other: $0
Where can I find the form 990 for Anchored Ministries Corp?
Anchored Ministries Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anchored Ministries Corp
Anchored Ministries Corp, a nonprofit organization, is committed to creating a secure Christian environment for individuals seeking recovery from addiction and abuse. Their mission is twofold: to offer a safe haven for those recovering from addiction or abuse, and to promote self-reliance through this sanctuary. By providing assistance to women in recovery, Anchored Ministries Corp aims to help them rebuild their lives and regain their independence. This compassionate organization strives to create an environment that fosters healing, empowerment, and a renewed sense of self for those who have suffered through addiction or abuse.
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Impact
July, 2024
Anchored Ministries Corp has a profound impact by providing a safe and nurturing Christian environment for women recovering from addiction and abuse. Their mission to promote safety and self-reliance is commendable as they offer assistance and support to individuals in need. By focusing on mental health and offering a space for recovery, Anchored Ministries Corp positively changes the lives of those who have faced challenging circumstances, empowering them to embark on a journey towards healing and a better future.
This information is meant to be a general summary of Anchored Ministries Corp. 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.
- Gross Receipts: $462,773
Assets and Liabilities:
- Total Assets: $18,660
- Total Liabilities: $0
- Net Assets: $18,660
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Organization Details
Founding Year
2017
Phone
(606) 765-9144Principal Officer
Staci Moses
Main Address
PO BOX 1015, WILLIAMSBURG, KY, 40769
NTEE Category
Code: F22 - Mental health
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