Muskingum County Business Incubator
- Assets
- $17.9k
- Revenue
- $126.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Zanesville, OH
- Founding
- Data as of
- 06/2017
- EIN
- 20-1483787
Organization Overview
Muskingum County Business Incubator is located in Zanesville, OH. As of 06/2017, Muskingum County Business Incubator employed 2 individuals. Muskingum County Business Incubator 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 06/2017, Muskingum County Business Incubator generated $126.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.5%) each year. All expenses for the organization totaled $148.9k during the year ending 06/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS DEVELOPMENT AND JOB CREATION. PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE FOR THE DEVELOPMENT AND/OR EXPANSION OF BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE FOR THE DEVELOPMENT AND/OR EXPANSION OF BUSINESS TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR COMMUNITY CITIZENS. THE INCUBATORE CONDUCTED WORKSHOPS FOR BUSINESS DEVELOPMENT IN THE COMMUNITY AND HAD CLIENTS PARTICIPATE IN A BUSINESS PLAN COMPETITION. MANY CLIENTS ARE ENTREPRENOURS AND RECEIVED BUSINESS CONSULTATION FROM MCBI.
PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE FOR THE DEVELOPMENT AND/OR EXPANSION OF BUSINESS. TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR COMMUNITY CITIZENS. THE INCUBATOR WORKED WITH CLIENTS ON A CONSULTATIONS BASIS. RECEIVING COUNSULTATION SESSIONS, ENTREPRENOUR SKILLS, PARTICIPATED IN BUSINESS PLAN COMPETITION. THE INCUBATOR CONDUCTED WORKSHOPS FOR BUSINESS DEVELOPMENT IN THE COMMUNITY.
PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE FOR THE DEVELOPMENT AND/OR EXPANSION OF BUSINESS TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR COMMUNITY CITIZENS. THE INCUBATORE CONDUCTED WORKSHOPS FOR BUSINESS DEVELOPMENT IN THE COMMUNITY AND HAD CLIENTS PARTICIPATE IN A BUSINESS PLAN COMPETITION. MANY CLIENTS ARE ENTREPRENOURS AND RECEIVED BUSINESS CONSULTATION FROM MCBI.
PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE FOR THE DEVELOPMENT AND/OR EXPANSION OF BUSINESS. TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR COMMUNITY CITIZENS. THE INCUBATOR WORKED WITH CLIENTS ON A CONSULTATIONS BASIS. RECEIVING COUNSULTATION SESSIONS, ENTREPRENOUR SKILLS, PARTICIPATED IN BUSINESS PLAN COMPETITION. THE INCUBATOR CONDUCTED WORKSHOPS FOR BUSINESS DEVELOPMENT IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Bennett Secetary | Officer | $0 | |
Chad Bice Treasurer | Officer | $0 | |
John Matesich President | Officer | $0 | |
Jay Bennett Secetary | Officer | $0 | |
Chad Bice Treasurer | Officer | $0 | |
John Matesich President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $97,536 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,836 |
| Total Program Service Revenue | $29,115 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,014 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,185 |
| 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. | $45,173 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,354 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $654 |
| Office expenses | $441 |
| Information technology | $5,114 |
| Royalties | $0 |
| Occupancy | $19,584 |
| Travel | $209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,293 |
| Interest | $928 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $662 |
| Insurance | $8,190 |
| All other expenses | $1,194 |
| Total functional expenses | $148,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,816 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,356 |
| Accounts receivable, net | $0 |
| 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 | $729 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,901 |
| Accounts payable and accrued expenses | $2,993 |
| 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 | $15,950 |
| Other liabilities | $2,000 |
| Total liabilities | $20,943 |
| Unrestricted restricted net Assets | -$3,042 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$3,042 |