Anchal INC FY2020 filing

Tax-deductible

Louisville, KY501(c)(3)Human ServicesEIN 27-2959378Revenue $914K in FY2020

On file with the IRSanchalproject.org6602 Old Heady Rd, 40299-5204 · Louisville, KYTax-exempt since Dec 2010Publicly supported charity — 170(b)(1)(A)(vi)

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Anchal's mission is to address the exploitation of women around the world by using design thinking to create employment opportunities and products that support economic empowerment.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$180K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $14K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$180K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $60K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$107K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 15 voting members
Looks good: 12 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$914K
Spent
$781K
To programs
92%
Net assets
$361K
By yearFY2020–FY2024
Revenue
$914K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$914K
FY2021$920K
FY2022$941K
FY2023$980K
FY2024$999K
Expenses
$781K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$781K
FY2021$853K
FY2022$921K
FY2023$1.1M
FY2024$1.1M
Net assets
$361K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$361K
FY2021$428K
FY2022$448K
FY2023$377K
FY2024$301K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $720K Management & general 4% · $34K Fundraising 3% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $180K paid to officers and key staff.

Part VII, Section A · reportable compensation
$91,000Pt VII · Sec A
$89,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (1/1/20-4/1/20)
$0Pt VII · Sec A
$0Pt VII · Sec A

Colleen Clines’s $97K as CEO and Co-Founder is at the 84th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Colleen Clines$96,900$86,135$93,000$81,180$91,000
Margaret Clines$96,400$85,600$92,500$80,020$89,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers women globally through design-driven employment and products.

Provided by the organization

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1 program · $720K · in their own filed words · FY2020
01

In 2020, anchal celebrated its 10TH anniversary. Anchal provided services to 181 women currently in our programs who have survived extreme exploitation in the commercial trade and horrendous domestic violence, both in ajmer, india, and louisville, ky, usa.

$720Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$60K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$914K
Ln 12
Fees for servicesLn 2g$800K
Gifts and grantsLn 1h$114K
Money outPt IX
$781K
Ln 25
Programscol B$720K
Managementcol C$34K
Fundraisingcol D$27K
Owns and owesPt X
$361K
net assets · Ln 32
Cash and savingsLn 1–2$392K
Total assetsLn 16$469K
LiabilitiesLn 26$107K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a15
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Fees for servicesLn 2g$800K
Total revenueLn 12$914K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$392K
Cash and savings togetherLn 1–2$392K
InvestmentsLn 11–13$6K
Total assetsLn 16$469K
LiabilitiesLn 26$107K
Net assetsLn 32$361K
OperationsPt I, VI
EmployeesI 510
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$153K$392K
InvestmentsLn 11–13$6K
Total assetsLn 16$236K$469K
LiabilitiesLn 26$8K$107K
Net assetsLn 32$228K$361K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$180K$142K$18K$20K
Other salaries and wagesLn 7$109K$108K$2K
Other employee benefitsLn 9$16K$14K$742$928
Payroll taxesLn 10$25K$22K$1K$2K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$39K$39K
Office expensesLn 13$28K$26K$994$671
Information technologyLn 14$7K$7K
OccupancyLn 16$35K$32K$1K$675
TravelLn 17$6K$6K
Conferences, conventions and meetingsLn 19$9K$9K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$318K$314K$3K$2K
All other expensesLn 24e$2K$2K$239
Total functional expensesLn 25$781K$720K$34K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $999K$1.1M−$82K$301K 990 PDF
FY2023 $980K$1.1M−$71K$377K 990 PDF
FY2022 $941K$921K$21K$448K 990 PDF
FY2021 $920K$853K$67K$428K 990 PDF
FY2020 Viewing $914K$781K$134K$361K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $914,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $155,900$114,249
I-9 Program service revenuePrior year $590,752$800,040
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $746,652$914,289
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $314,013$329,585
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $340,389$451,147
I-18 Total expensesPrior year $654,402$780,732
I-19 Revenue less expensesPrior year $92,250$133,557
Part VI · Governance 12 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $914,289 across 4 lines filed
VIII-1f All other contributions, gifts and grants$114,249
VIII-1h Total contributions, gifts and grants$114,249
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $800,040$800,040
VIII-12 Total revenueRelated to mission $800,040 · Unrelated business $0 · Excluded from tax $0$914,289
Part IX · Statement of functional expenses $780,732 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $142,020 · Management $18,100 · Fundraising $19,880$180,000
IX-7 Other salaries and wagesPrograms $107,521 · Fundraising $1,639$109,160
IX-9 Other employee benefitsPrograms $13,965 · Management $742 · Fundraising $928$15,635
IX-10 Payroll taxesPrograms $21,648 · Management $1,435 · Fundraising $1,707$24,790
IX-11c Accounting feesManagement $1,578$1,578
IX-12 Advertising and promotionPrograms $39,239$39,239
IX-13 Office expensesPrograms $25,925 · Management $994 · Fundraising $671$27,590
IX-14 Information technologyPrograms $6,797$6,797
IX-16 OccupancyPrograms $32,477 · Management $1,350 · Fundraising $675$34,502
IX-17 TravelPrograms $5,724$5,724
IX-19 Conferences, conventions and meetingsPrograms $8,622$8,622
IX-23 InsuranceManagement $6,624$6,624
IX-24 Other expenses (24a–d)Programs $313,830 · Management $2,876 · Fundraising $1,548$318,254
IX-24e All other expensesPrograms $1,978 · Management $239$2,217
IX-25 Total functional expensesPrograms $719,746 · Management $33,938 · Fundraising $27,048$780,732
Part X · Balance sheet $468,740 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $284$0
X-2 Savings and temporary cash investmentsStart of year $152,502$392,258
X-4 Accounts receivable$15,914
X-8 Inventories for sale or useStart of year $83,072$54,073
X-12 Other securities$6,495
X-16 Total assetsStart of year $235,858$468,740
X-17 Accounts payable and accrued expensesStart of year $8,034$26,959
X-24 Unsecured notes and loans payable$80,400
X-26 Total liabilitiesStart of year $8,034$107,359
X-27 Net assets without donor restrictionsStart of year $227,824$361,381
X-32 Total net assets or fund balancesStart of year $227,824$361,381
X-33 Total liabilities and net assetsStart of year $235,858$468,740
Part XI · Reconciliation of net assets $361,381 net assets at year end
XI-1 Total revenue$914,289
XI-2 Total expenses$780,732
XI-3 Revenue less expenses$133,557
XI-4 Net assets at start of year$227,824
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$361,381

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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