ANCHORED IN FAITH MINISTRIES INC

EIN: 352132659 501(c)(3) Religion

LINTON, IN

Total Revenue
$109,326
Total Expenses
$93,404
Total Assets
$946,573
Net Assets
$297,003
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Principal Officer
LARRY L WATTERS JR
Phone
8122016519
Tax Period
2020-01-01 to 2020-12-31

ANCHORED IN FAITH MINISTRIES INC, founded in 2001, is a small nonprofit in the Religion sector that reported $109K in total revenue in fiscal year 2020. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $93K left a modest 15% surplus.

Mission

WE ARE A CHURCH SPREADING THE GOSPEL OF JESUS CHRIST OUR LORD.

Program Service Accomplishments

Program 1
Expenses: $93,404

WE CONTINUE TO WORSHIP TOGETHER AND HEAR THE WORD OF GOD FROM OUR PASTOR WEEKLY. OUR SURVIVOR'S CAMP IS OFFERED ANNUALLY AND GEARED TOWARD RECOVERY FROM ADDICTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $109,326
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $109,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,666
Fundraising Expenses $0
Program Expenses $93,404
Other Expenses $86,738
TOTAL EXPENSES $93,404

Year-over-Year Comparison

2020 2019 Change
Revenue $109,326 $99,925 +0.1%
Expenses $93,404 $94,099 0.0%
Net Income $15,922 $5,826 +1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY L WATTERS JR President 40.00
Director
$0 $0 $0
BETHANY WATTERS Secretary 15.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $109,326 $93,404 $946,573 $15,922
2019 $99,925 $94,099 $935,832 $5,826
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