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Anchal Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272959378 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

Overview

What is Anchal Inc?

Anchal Inc, based in Louisville, Kentucky, is a dedicated nonprofit organization that focuses on combating the exploitation of women worldwide. Their mission is achieved through design thinking, which enables them to create employment opportunities and products that foster economic empowerment. In 2022, they served 206 women, including one in the United States, who have survived exploitation in the commercial sex trade or domestic violence. These women, now artisans, were provided job opportunities in textile production through projects like Stitch x Stitch and Dyescape. Anchal's holistic program offers ongoing training, education workshops, health camps, gifts, and a supportive community. Over the years, they have employed over 500 women, helping 95% leave the sex trade or reduce clients. In 2022, they saw significant growth, increasing their leadership team, moving to a larger workspace, and producing more products. Their impact extends beyond the artisans, as their children also achieve academic milestones.


Official website here: www.anchalproject.org

Is Anchal Inc legitimate?

Anchal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchal Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $185,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,575

For more financial information, click here


Official website here: www.anchalproject.org

What is the mission statement of Anchal Inc?

Anchal Inc's mission is centered around combating the exploitation of women worldwide. They achieve this by employing design thinking to create job opportunities and sustainable products, thereby promoting economic empowerment. In 2022, Anchal provided services to 206 women, including survivors of exploitation in the commercial sex trade or domestic violence. These women, now artisans, were offered full-time or part-time jobs in textile production. The holistic program also offered training, workshops, health camps, gifts, and a supportive community. Since its founding in 2010, Anchal has employed over 500 women, helped 95% of its artisans leave the sex trade or reduce clients, and produced over 100,000 eco-friendly products. Anchal has collaborated with social justice organizations to provide long-term sustainable impact, and in 2022, they restructured their agreements to increase financial investment in the artisan program. This led to a 19% increase in investment from the previous year, resulting in significant expansion and impact for the women in the program.


Official website here: www.anchalproject.org

Who is the CEO of Anchal Inc?

Colleen A Clines is the Principal Officer of Anchal Inc. The CEO's salary of Anchal Inc is $93,000 and their total compensation is $97,522.


Official website here: www.anchalproject.org

What is the revenue of Anchal Inc?

Anchal Inc's revenue in 2022 was $941,403.


Official website here: www.anchalproject.org

Who are the executives of Anchal Inc and what are their salaries?

The average compensation at Anchal Inc during 2022 was $39,208. There are 10 employees and 14 volunteers at Anchal Inc.

Here are 12 key members and their salaries (Anchal Inc's CEO's salary is $93,000 and their total compensation is $97,522):

    Margaret Clines (Coo, Creative Director)
  • Compensation: $92,500
  • Related: $0
  • Other: $7,713

    • Colleen Clines (Ceo) [Trustee/Director]
  • Compensation: $93,000
  • Related: $0
  • Other: $4,522

    • Lynn Cooper (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Peabody (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Zimmer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Clines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tate Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Citrynell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason D'Mello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Son (Director (End 06/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kapfhammer (Director (End 09/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.anchalproject.org

    Where can I find the form 990 for Anchal Inc?

    The Anchal Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.anchalproject.org

    Learn more at the official website: www.anchalproject.org

    Mission Statement of Anchal Inc

    Anchal Inc, a nonprofit organization, is dedicated to addressing the exploitation of women worldwide. They accomplish this mission by utilizing design thinking to create employment opportunities and products that contribute to economic empowerment. Anchal Inc's focus is on providing women who have survived exploitation in the commercial sex trade or domestic violence with job opportunities in textile production. The organization offers a holistic program that includes full-time or part-time employment, ongoing training, education workshops, health camps, gifts, and a supportive community. Since its founding in 2010, Anchal Inc has employed over 500 women, helping 95% of them leave the sex trade or reduce clients. In 2022, the organization provided services to 206 women in Ajmer, India, and one woman in Louisville, Kentucky.

    Anchal Inc's mission is further reinforced by its partnerships with existing social justice organizations. In 2022, the organization spent months collaborating with Anoothi and Vatsalya to restructure their agreement and pricing model, aiming to provide more autonomy for local leadership, cover rising costs, and increase profit margins for reinvestment in the community. This renewed agreement allowed for a significant increase in financial investment in the artisan program, leading to a 19% increase from 2021. The expansion and impact of Anchal's program in 2022 were substantial, with a 60% increase in the leadership team of project assistants, a move to a larger workshop space, and a 23% increase in products made by Anchal artisans. One of the program's standout success stories is Rajiya, who joined the training program to earn more money for her family and learn new skills like machine sewing and teamwork. The impact of Anchal's program also extends to the children of its artisans, with achievements such as newspaper recognition and college acceptance.

    Impact

    This information is meant to be a general summary of Anchal Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Anchal Inc's impact can be seen through the tangible difference it has made in the lives of women who have survived exploitation in the commercial sex trade or domestic violence. By providing employment opportunities through projects like Stitch x Stitch and Dyescape, Anchal has empowered over 500 women, with 95% of these artisans able to leave the sex trade or reduce clients. Additionally, they have produced over 100,000 eco-friendly products, showcasing their dedication to sustainable practices.

    The organization's commitment to partnering with social justice organizations and listening to feedback has led to restructuring agreements for greater autonomy and increased financial investment in their artisan program. This approach has resulted in an expanded impact, including a 23% increase in products made by Anchal artisans and the creation of an exclusive collection for the Guggenheim Museum store.

    Stories like Rajiya's, who has gained new skills and opportunities through Anchal's program, and Neetu's children achieving academic success, highlight the intergenerational impact of Anchal's work. Overall, Anchal Inc's focus on economic empowerment and holistic support has not only transformed the lives of individual women but also their families and communities, demonstrating a profound and sustainable impact in addressing the exploitation of women worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39
  • Program Service Revenue: $824,827
  • Gross Receipts: $941,403

    • Assets and Liabilities:
  • Total Assets: $471,154
  • Total Liabilities: $23,115
  • Net Assets: $448,039
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PRODUCT SALES

    Revenue

    $824,827

    Organization Details

    Founding Year

    2010

    Principal Officer

    Colleen A Clines

    Main Address

    2500 MONTGOMERY ST 10, LOUISVILLE, KY, 40212

    NTEE Category

    Code: P20 - Human services

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