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Nonprofit · EIN 85-2060797

ANCHOR OF HOPE CHARITY INC

Tax-exempt · OKMULGEE, OK 74447

Financials

$83K$27K2023$107K$56K2024
Revenue Expenses · by fiscal year end
Financials of ANCHOR OF HOPE CHARITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$107,441$56,211$51,230$431,343$226,278$205,065
December 31, 2023990-EZ$83,132$27,462$55,670$303,835$150,000$153,835
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$107,315
Other revenue
$126

Expenses

Compensation of officers, directors and key employees
$3,000
Salaries, compensation and benefits (total)
$3,230
Professional fees and payments to contractors
$2,021
Other expenses
$50,960
Program services (functional)
$49,957

Balance sheet and other

Total assets, start of year
$303,835
Total assets, end of year
$431,343
Total liabilities, end of year
$226,278
Net assets, end of year
$205,065
Cash, savings and investments
$3,129
Land and buildings
$415,344
Gross receipts
$107,441

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DEBORAH JOHNSONTREASURER5$3,000
DALE LITSEYVICE PRESIDE1$0
COLLEEN LITSEYPRESIDENT25$0
DALEEN PORTERSECRETARY1$0
KATHRYN MCCOLLUMBOARD MEMBER1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DEBORAH JOHNSONTREASURER5$2,500
DALE LITSEYVICE PRESIDE1$0
COLLEEN LITSEYPRESIDENT40$0
DALEEN PORTERSECRETARY1$0
KATHRYN MCCOLLUMBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 1053, OKMULGEE, OK 74447-1053
In care of
% COLLEEN LITSEY
Mailing address (990-N for 2022)
PO BOX 1053, OKMULGEE OK 74447
Principal officer (990-N for 2022)
COLLEEN LITSEY, 12430 N 230 RD, OKMULGEE OK 74447
Signed the 990-EZ
COLLEEN LITSEY, PRESIDENT
Phone
(918) 857-4538
Return prepared by
NUMBERS GROUP CONSULTING

Mission

THE PRINCIPAL PURPOSE OF THE ORGANIZATION IS TO EQUIP AND EMPOWER PREVIOUSLY ENCARCERATED WOMEN THROUGH FAITH BASED PRICNIPLES BY PROVIDING THEM WITH THE NECESSARY TOOLS TO BECOME MORE SELF-SUFFICIENT IN LIFE.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • IN 2024, ANCHOR OF HOPE CHARITY REACHED APPROXIMATELY 1875 INCARCERATED WOMEN BY PROVIDING BIBLE STUDIES AND RELIGIOUS MEETINGS. THEY ALSO PROVIDED 525 WOMEN WITH SPIRITUAL, PHYSICAL AND EMOTIONAL SUPPORT THROUGH RETREATS, MONTHLY MEETINGS AND A ANNUAL CONFERENCE. IN 2024, THE NONPROFIT COMPLETED CONSTRUCTION ON IT'S FIRST TRANSITIONAL HOME HOSTIN 6 WOMEN IN 2024. THIS FACILITY IS EXPECTED TO AID WOMEN COMING OUT OF INCARCERATION TO HELP REINTROUDCE AND RE-ESTABLISHED THEM INTO SOCIETY.
    Expenses $49,957

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-2060797
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$431,343
Income (IRS master file)
$107,441

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$107,441$56,211$431,343XML
990-EZDecember 2023$83,132$27,462$303,835XML
990-N for 2022
Officer: COLLEEN LITSEY
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2060797).

Questions about ANCHOR OF HOPE CHARITY INC

What is the EIN of ANCHOR OF HOPE CHARITY INC?
The employer identification number (EIN) of ANCHOR OF HOPE CHARITY INC is 85-2060797.
Is ANCHOR OF HOPE CHARITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ANCHOR OF HOPE CHARITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANCHOR OF HOPE CHARITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ANCHOR OF HOPE CHARITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANCHOR OF HOPE CHARITY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of ANCHOR OF HOPE CHARITY INC?
The 990-N for 2022 names COLLEEN LITSEY.
Who are the officers and directors of ANCHOR OF HOPE CHARITY INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $3,000 (DEBORAH JOHNSON, TREASURER).
How much revenue does ANCHOR OF HOPE CHARITY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $107,441, expenses of $56,211 and total assets of $431,343 at year end.

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