New Anchor Foundation
Nonprofit profile at a glance
- EIN
- 833328307
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2020
- Location
- Covina, CA, USA
- Phone
- 4155171547
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing, Shelter N.E.C.
Reported finances
- Revenue
- $113,700
- Expenses
- $76,556
- Assets
- $55,270
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jessica Young (President)
People named in this filing
- Jessica Young (President)
- Ben Casnocha (Director)
- Angie Mohr (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New Anchor Foundation is a 501c3 non-profit organization based in Oakland, CA. New Anchor was founded in 2019 by East Bay community members who had their lives changed by hosting refugees after working with JFCS-East Bay. New Anchor exists to raise awareness about the global refugee crisis, and to create opportunities for Americans to make a difference by helping those new arrivals with housing.
What it reported doing in 2025
Hosted housing is an arrangement in which individuals with stable housing provide temporary housing for refugee/asylee individuals or families inside their homes or in a separate unit on their property for a limited amount of time. The hosting model offers refugees and asylum seekers the stability, grounding, and relationships that can help foster a smoother transition to the Bay Area.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.4%; rating input score 51
- Program expense ratio: 76.3%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 32.7%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.8% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: -24.9% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 51.4% of revenue deployed · 76.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2025
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.