New Anchor Foundation EIN 83-3328307 Form 990 (PDF) Claim this org

New Anchor Foundation

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Connects Americans with refugees needing housing, raising awareness about the crisis. For fiscal year 2025 it reported $114K in revenue, $77K in expenses, and $55K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Covina, CA
Website
www.newanchor.org
Filings
5 on file (2021–2025)
Revenue
$114KFY2025
Expenses
$77K
Net assets
$55K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-3328307 Public charity (501(c)(3)) Covina, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects Americans with refugees needing housing, raising awareness about the crisis.
Leadership
Jessica Young · President
Money in and out
$114K revenue, $77K expenses
Bottom line
8.7mo operating runway
Where the money goes · FY2025
Total revenue
$114K
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$55K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.76
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate▲ +770% vs prior filing year
Surplus margin
+33%
revenue over expenses, this year▲ +356% vs prior filing year
Revenue trend
-0.3%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$114K
FY2025▼ -43%
Expenses
$77K
FY2025▼ -66%
Total assets
$55K
FY2025▲ +205%
Total liabilities
$0
FY2025
Total revenue
$114K
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$55K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$55K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Anchor Foundation
EINHdr · item D83-3328307
Principal addressHdr · item CCovina, CA
WebsiteHdr · item Jwww.newanchor.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L99)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $209K of program spending, described in the organization's own filed words · FY2024.
01

Hosted housing is an arrangement in which individuals with stable housing provide temporary housing for refugee/asylee individuals or families inside their homes or in a separate unit on their property for a limited amount of time.

$209Kprogram expense

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Statement of Revenue

Part VIII
Other revenue100%$114K
Total revenueLn 12$114K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76
Program services76%$58K
Total functional expensesLn 25$77K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$55K
Total liabilitiesLn 26$0
Total net assetsLn 32$55K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $77K
8.7 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $114K · Total revenue $114K
100%
Government reliance
not reported
Earned-income share
Program service revenue — · Total revenue $114K
Investment reliance
Investment income — · Total revenue $114K
Program self-sufficiency
Program service revenue — · Total expenses $77K
Rests on the self-reported EZ program figure
Growth & trend
Revenue growth (YoY)
This year $114K · Prior year $201K
-43%
Revenue CAGR
FY2021 $115K · FY2025 $114K
-0.3%
Net-asset trend (YoY)
End of year $55K · Beginning of year $18K
+205%
Balance sheet
Surplus Margin
Revenue $114K · Expenses $77K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $55K
Net-asset ratio
Net assets $55K · Total assets $55K
100%
People & payroll
Highest Reported Total Compensation
Individual Jessica Young · Reported title President · Highest reported compensation $0 · Total expenses $77K
0%
Personnel share
Salaries & benefits — · Total expenses $77K
Form 990-EZ bundles compensation — not comparable to full-990 filers
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Revenue growth -43%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 1 grant · $12K · 2024–2024
Unitemized GrantFY2024$12,000

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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
FY2025 (Latest)$114K revenue · viewing · ⤓ 990 PDF
FY2024$201K revenue · ⤓ 990 PDF
FY2023$123K revenue · ⤓ 990 PDF
FY2022$164K revenue · ⤓ 990 PDF
FY2021$115K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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