Midatlantic Fiber Association Inc
- Assets
- $251.9k
- Revenue
- $327.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lutherville, MD
- Founding
- 12/1983
- Data as of
- 09/2023
- EIN
- 22-2339820
Organization Overview
Midatlantic Fiber Association Inc is located in Lutherville, MD. The organization was established in 1983. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midatlantic Fiber Association Inc 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 09/2023, Midatlantic Fiber Association Inc generated $327.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $314.3k during the year ending 09/2023. While expenses have increased by 14.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACT AS A CENTRAL ORGANIZATION FOR ALL FIBER INTEREST GROUPS IN THE MID- ATLANTIC UNITED STATES WHICH CHOOSE TO BECOME MEMBER GROUPS OF THE ASSOCIATION. TO ENCOURAGE COOPERATION AMONG THE FIBER GROUPS IN THE MID-ATLANTIC REGION OF THE UNITED STATES. TO PLAN, ORGANIZE, AND CONDUCT CONFERENCES AND OTHER EVENTS FOR EDUCATION AND COMMUNICATION IN THE FIBER ARTS FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES - A CENTRAL FOCUS FOR MIDATLANTIC FIBER ASSOCIATION (MAFA) IS ITS BIENNIAL CONFERENCE, WHICH OFFERS IN DEPTH STUDY WORKSHOPS WITH LEADING FIBER ARTISTS. INDIVIDUAL MEMBERS OF PARTICIPATING GUILDS ENJOY PRIORITY REGISTRATION TIME AND REDUCED REGISTRATION FEES TO THE EVENT. MAFA HAS ALSO STARTED OFFERING VIRTUAL EDUCATIONAL OPPORTUNITIES, ALLOWING MORE INDIVIDUALS THE OPPORTUNITY TO PARTICIPATE.
GRANT PROGRAMS: MAFA OFFERS GRANT, FELLOWSHIP AND SCHOLARSHIP PROGRAMS TO SUPPORT PARTICIPATING GUILDS IN THEIR EDUCATIONAL OUTREACH PROGRAMS; GUILD MEMBERS COMMITTED TO SHARING LEARNING EXPERIENCES; AND NOVICES LEARNING FIBER ARTS SKILLS.
PUBLICITY FOR GUILD PROGRAMS AND WORKSHOPS: MAFA OFFERS A PLACE TO PUBLICIZE GUILD PROGRAMS, WORKSHOPS AND EVENTS WITH OTHER GUILDS. HOST GUILD WEBSITES: MAFA CAN CREATE AND HOST MEMBER GUILDS' WEBSITES ON ITS SERVER AT NOT COST. ASSOCIATE MEMBERSHIPS: ALTHOUGH MAFA IS PRIMARILY FOCUSED ON ITS MEMBER GUILDS, ASSOCIATE MEMBERSHIPS ARE OPEN TO COMMERICAL ENTERPRISES, INSTITUTIONS, ORGANIZATIONS, SCHOOLS AND TO INDIVIDUALS NOT IN AFFILIATED GUILDS. SOCIAL MEDIA: MAFA SUPPORTS VIBRANT SOCIAL MEDIA COMMUNITIES ON FACEBOOK, PINTEREST, RAVELRY, WEAVOLUTION AND TWITTER. RESOURCES: MAFA PROVIDES A RESOURCE SITE FOR THE COMMUNITY TO INTERACT IN LEARNING THROUGH PROJECT IDEAS, ONLINE POSTS FOR SALE ITEMS AND LINKS TO OTHER ONLINE RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Briggs President | OfficerTrustee | 4 | $0 |
Margaret Briggsnancy Everham 1st VP Commu | OfficerTrustee | 4 | $0 |
Margaret Briggs 2nd VP Conf. | OfficerTrustee | 15 | $0 |
Marla Campbell Treasurer | OfficerTrustee | 5 | $0 |
Patty Chrisman Secretary | OfficerTrustee | 6 | $0 |
Angela Fishman Grants Chair | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,675 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,712 |
| Total Program Service Revenue | $322,777 |
| Investment income | $149 |
| 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 | $327,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,617 |
| Grants and other assistance to domestic individuals. | $2,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $16,970 |
| Office expenses | $0 |
| Information technology | $11,300 |
| Royalties | $0 |
| Occupancy | $121,141 |
| Travel | $0 |
| 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 | $2,008 |
| All other expenses | $0 |
| Total functional expenses | $314,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $251,875 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $251,875 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $251,775 |
| Net assets with donor restrictions | $100 |
| 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 | $251,875 |