Anchor Lancaster EIN 81-3308601

Anchor Lancaster FY2021 filing

EIN  81-3308601 Public charity (501(c)(3)) Lancaster, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides free meals weekly to low-income, unsheltered, and socially-excluded people with love.
Leadership
Sue Maddox · Director
Money in and out
$267K revenue, $280K expenses
Bottom line
82% program efficiency

Provides free meals weekly to low-income, unsheltered, and socially-excluded people with love. For fiscal year 2021 it reported $267K in revenue, $280K in expenses, and $184K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$280K
Pt IX · Ln 25
Net assets
$184K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.09 Fundraising $0.09
Program efficiency
82%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$267K
FY2021▼ -29%
Expenses
$280K
FY2021▲ +23%
Total assets
$184K
FY2021▼ -7%
Total liabilities
$0
FY2021
Total revenue
$267K
Pt VIII · Ln 12
Total expenses
$280K
Pt IX · Ln 25
Net assets
$184K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$13K
Total assetsPt X · Ln 16$184K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $229K of program spending, described in the organization's own filed words · FY2021.
01

A Free Breakfast Is Served from 8

30 A.M. Until 9:45 A.M. Each weekday, everyone and anyone may come to eat. A nutritious menu of hot, protein filled food items, juice, milk, cereal, toast, fruit and coffee are served every day. The average number of people served everyday is 111 people. Showers for unsheltered are also provided.

$229Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAnchor Lancaster
EINHdr · item D81-3308601
Principal addressHdr · item CLancaster, PA
WebsiteHdr · item Janchorlancaster.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K35)
Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$266K
Other revenue$741
Total revenueLn 12$267K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.09 Fundraising $0.09
Program services82%$229K
Management & general9%$25K
Fundraising9%$26K
Total functional expensesLn 25$280K

Balance Sheet

Part X · end of year
CashLn 1$184K
Total assetsLn 16$184K
Total liabilitiesLn 26$0
Total net assetsLn 32$184K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $184K · Operating expenses/yr $280K
7.9 months
Where the money goes
Program services
Program services $229K · Total expenses $280K
82%
Management & General
Management & general $25K · Total expenses $280K
9%
Fundraising
Fundraising $26K · Total expenses $280K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $19K · Solicited contributions (2-yr avg) $319K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $266K · Total revenue $267K
100%
Government reliance
Government grants — · Total revenue $267K
Earned-income share
Program service revenue $0 · Total revenue $267K
0%
Investment reliance
Investment income $0 · Total revenue $267K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $280K
0%
Growth & trend
Revenue growth (YoY)
This year $267K · Prior year $375K
-29%
Net-asset trend (YoY)
End of year $184K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $267K · Expenses $280K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $184K
Net-asset ratio
Net assets $184K · Total assets $184K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $184K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sue Maddox · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $280K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $66K · Total expenses $280K
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 9%
Fundraising cost ratio 10%
Revenue growth -29%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$634K revenue · ⤓ 990 PDF
FY2023$464K revenue · ⤓ 990 PDF
FY2022$367K revenue · ⤓ 990 PDF
FY2021$267K revenue · viewing · ⤓ 990 PDF
FY2020$375K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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