MY ANCHOR CHURCH INC

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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

2019

Legal Domicile

Principal Officer

SHAUN BLAKENEY

Tax Period

2020-01-01 to 2020-12-31

MY ANCHOR CHURCH INC, founded in 2019, is a small nonprofit in the Religion sector that reported $606K in total revenue in fiscal year 2020. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 19% operating margin.

Mission

BRINGING HOPE TO THE HOPELESS

Program Service Accomplishments

Program 1

WE WILL BE A CHURCH THAT POURS LOVE ON PEOPLE. WE WONT SHOW YOU LOVE BECAUSE OF WHAT YOU HAVE DONE, BUT BECAUSE OF WHO YOU ARE. GENEROSITY IS WHEN WE GIVE MORE THAN IS REQUIRED. WE DONT SEE GIVING AS A HAVE TO WE SEE GIVING AS A GET TO. WE ARE GENEROUS WITH ALL OUR TIME, TALENTS AND TREASURES SO THAT WE CAN GIVE BACK TO A GOD WHO HAS BEEN OVERWHELMINGLY GENEROUS TO US.WE DONT BELIEVE WORSHIP IS JUST SOMETHING THAT WE DO, WE BELIEVE WORSHIP IS WHO WE ARE. WORSHIP IS EXPRESSING REVERENCE AND ADORATION TO SOMETHING GREATER THAN OURSELVES. IN LIFE WE WILL ALL WORSHIP SOMETHING, WE HAVE CHOSEN TO WORSHIP GOD THE CREATOR WITH OUR WHOLE BEING.

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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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $613,722

Program Service Revenue $0

Investment Income $828

Other Revenue $-8,993

TOTAL REVENUE $605,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,416

Fundraising Expenses $0

Other Expenses $209,896

TOTAL EXPENSES $492,312

Year-over-Year Comparison

	2020	2019	Change
Revenue	$605,557	$302,000	+1.0%
Expenses	$492,312	$180,443	+1.7%
Net Income	$113,245	$121,557	-0.1%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$166,364

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAUN BLAKENEY	PASTOR	40.00	Officer	$124,800	$41,564	$166,364

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	$605,557	$492,312	$242,493	$113,245