Anchal Inc
Nonprofit profile at a glance
- EIN
- 272959378
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014, Form 990-N 2011
- Location
- Louisville, KY, USA
- Phone
- 5028071477
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $998,865
- Expenses
- $1,081,305
- Assets
- $312,104
- Liabilities
- $10,763
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- COLLEEN CLINES (CEO AND CO-FOUNDER)
Highest reported compensation
- MARGARET CLINES (COO, CREATIVE DIRECTOR): $113,337 total reported compensation
- COLLEEN CLINES (CEO AND CO-FOUNDER): $103,964 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Anchal's mission is to address the exploitation of women around the world by using design thinking to create employment opportunities and products that support economic empowerment.
What it reported doing in 2024
In 2024, anchal proudly provided vital services to 153 women in ajmer, india, who have survived exploitation in the commercial sex trade, domestic violence, or poverty. Our holistic program begins with textile and design training for women with no prior experience and continues with full-time employment, educational workshops, health services, and access to an international marketplace. This comprehensive model addresses the complex barriers marginalized women face and helps them build confidence, financial independence, and creative expression. To date, we've employed over 500 women, supported 95% of artisans in leaving the sex trade or reducing clients, and produced over 130,000 eco-friendly products.this year marked several exciting milestones, including the debut of anchal's artisans and their work in the kmac museum's stretched in strength exhibition in louisville, kentuckyan opportunity that elevated their voices in the contemporary art world and the larger louisville community. We also launched our first-ever baby and kids collection, which not only introduced a fresh product line but also equipped artisans with a new skillset and design techniques, expanding their professional development.employment opportunities through anchal empower women to cultivate economic self-sufficiency for themselves and their families. Senior artisan sita shared, "thanks to anchal, i can send my two daughters and one son to a private school. I can pay their school fees, uniforms, and books." as project assistant gulshan explained, anchal uniquely fosters a supportive environment where women uplift one another, navigate personal and financial obstacles, and serve as role models for the next generation. "anchal has given us a great feeling of being strong. We have developed a sense of self-belief, and we realize that we can never go back to that stage of being helpless and being exploited."by systematically addressing employment inequality, anchal's programs enable women to transform their lives and communities, creating a ripple effect of dignity, independence, and hope.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 66
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.3%; rating input score 98
- Program expense ratio: 90.8%; rating input score 91
- Fundraising efficiency: $3.63 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 81.8%; rating input score 82; 18th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.3%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 20.1%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 15.5% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 15.1% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 98.3% of revenue deployed · 90.8% of spending went to programs
- Governance: 9 of 11 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $982K in reported program spending
- Leadership: top reported pay $113K · 12 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 11/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.