Midlands Education And Business Alliance is located in West Columbia, SC. The organization was established in 2003. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midlands Education And Business Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Midlands Education And Business Alliance generated $431.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $326.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ALLIANCE'S MISSION IS TO BUILD COALITIONS IN THE MIDLANDS AREA TO FOSTER SUPPORT FOR PUBLIC EDUCATION AND WORKFORCE DEVELOPMENT.
Describe the Organization's Program Activity:
THE ALLIANCE'S MISSION IS TO BUILD COALITIONS IN THE MIDLANDS AREA TO FOSTER SUPPORT FOR PUBLIC EDUCATION AND WORKFORCE DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Call Regional Car | Officer | 40 | $78,610 |
Dr Ashley Atkinson Director | Trustee | 1 | $0 |
Kate Bugby Director | Trustee | 1 | $0 |
Kyle Caldwell Director | Trustee | 1 | $0 |
Destra Capers Director | Trustee | 1 | $0 |
Ryan Coleman Chairman | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $40,000 |
All other contributions, gifts, grants, and similar amounts not included above | $391,426 |
Noncash contributions included in lines 1a–1f | $23,902 |
Total Revenue from Contributions, Gifts, Grants & Similar | $431,426 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $431,427 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $78,610 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,682 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $30,331 |
Payroll taxes | $8,709 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,871 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,018 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $326,642 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $42,377 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $825,012 |
Total assets | $867,389 |
Accounts payable and accrued expenses | $67,826 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $67,826 |
Net assets without donor restrictions | $770,282 |
Net assets with donor restrictions | $29,281 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $867,389 |