FRIENDS OF THE ANGLICAN CENTRE IN SANTIAGO DE COMPOSTELA INC

EIN: 813926530 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$213,744
Total Expenses
$507,065
Total Assets
$620,877
Net Assets
$616,349
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
NANCY HOXSIE MEAD
Phone
6464043343
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE ANGLICAN CENTRE IN SANTIAGO DE COMPOSTELA INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $214K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $507K exceeded revenue, resulting in a 137% operating deficit.

Mission

TO FURTHER THE VOICE OF THE ANGLICAN COMMUNION, TO SUPPORT CHRISTIAN PILGRIMS, TO FOSTER ECUMENICAL UNDERSTANDING AND TO PROMOTE INTERFAITH DIALOGUE BY PROVIDING SUPPORT, ADVICE AND ASSISTANCE, AND MAKING GRANTS TO ORGANIZATIONS WHICH CARRY OUT THE ABOVE-STATED PURPOSES AND ARE DESCRIBED IN AND QUALIFIED AS SECTION 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT UNITED STATES INTERNAL REVENUE LAW (THE "CODE") AND/OR FOREIGN CHARITABLE ORGANIZATIONS WHICH ARE FORMED TO FURTHER THE VOICE OF THE ANGLICAN COMMUNION, TO SUPPORT CHRISTIAN PILGRIMS, TO FOSTER ECUMENICAL UNDERSTANDING AND TO PROMOTE INTERFAITH DIALOGUE.

Program Service Accomplishments

Program 1
Expenses: $425,060 Revenue: $0

WE GIVE PRESENTATIONS TO CONFERENCES, CHURCHES AND CIVIC GROUPS FOR THE PURPOSE OF RAISING AWARENESS OF PILGRIMAGE ON THE CAMINO DE SANTIAGO IN SPAIN AND FOR RAISING FUNDS TO ENABLE THE EPISCOPAL...

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WE GIVE PRESENTATIONS TO CONFERENCES, CHURCHES AND CIVIC GROUPS FOR THE PURPOSE OF RAISING AWARENESS OF PILGRIMAGE ON THE CAMINO DE SANTIAGO IN SPAIN AND FOR RAISING FUNDS TO ENABLE THE EPISCOPAL DIOCESE OF SPAIN TO BE ABLE TO PURCHASE A BUILDING IN SANTIAGO DE COMPOSTELA TO OPERATE AS A CENTER FOR PILGRIMS ON THE CAMINO.WE ALSO HAVE TRIPS IN SPAIN ANNUALLY FOR PROSPECTIVE DONORS TO WALK SOME OF THE CAMINO, MEET THE BISHOP OF THE EPISCOPAL CHURCH IN SPAIN AND TO GET TO KNOW THE DIOCESE, AND TO EXPERIENCE PILGRIM SITES ALONG ONE OR MORE OF THE CAMINO ROUTES.WE ALSO RAISE AND PROVIDE FUNDS FOR THE EXPENSES OF AN EPISCOPAL PRIEST TO BE A PILGRIM MISSIONER FULL TIME IN SANTIAGO DE COMPOSTELA. THIS PERSON MEETS AND GREETS PILGRIMS, PROVIDES HOSPITALITY AND OFFICIATES AT MASS AND PRAYER SERVICES FOR PILGRIMS. THIS PERSON IS NOT AN EMPLOYEE BUT SERVES UNDER A LETTER OF AGREEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $213,744
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $213,744

Expense Breakdown

Grants Paid $401,045
Salaries & Benefits $0
Fundraising Expenses $52,134
Program Expenses $425,060
Other Expenses $66,020
TOTAL EXPENSES $507,065

Year-over-Year Comparison

2023 2022 Change
Revenue $213,744 $157,023 +0.4%
Expenses $507,065 $115,283 +3.4%
Net Income $-293,321 $41,740 -8.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY H MEAD PRESIDENT 20.00
Officer Director
$0 $0 $0
THE REV SPENCER REECE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
THE REV GARY MANNING SECRETARY 0.25
Officer Director
$0 $0 $0
EDITH L MORRILL TREASURER 20.00
Officer Director
$0 $0 $0
THE RIGHT REV DR CARLOS LOPEZ LOZAN DIRECTOR, EX-OFFICIO 5.00
Director
$0 $0 $0
THE REV CANON GREG FORAKER DIRECTOR 1.00
Director
$0 $0 $0
THE REV JOHN BEDDINGFIELD DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $213,744 $507,065 $620,877 $-293,321
2022 $157,023 $115,283 $903,411 $41,740
2021 $915,951 $261,428 $862,390 $654,523
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