Mu Boule Foundation is located in New Brunswick, NJ. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mu Boule Foundation 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 12/2021, Mu Boule Foundation generated $156.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.0% each year . All expenses for the organization totaled $33.6k during the year ending 12/2021. While expenses have increased by 8.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
3 SCHOLARS WERE AWARDED6 MENTORING SESSION WAS HELD OVER A 2 MONTHS PERIOD
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James A Smith President | 25 | $0 | |
Courtney L Billington Sr Vice-President | 5 | $0 | |
Willie L Williams Treasury | 10 | $0 | |
Curtis J Johnson Secretary | 5 | $0 | |
Dr Sherle Boone Board Member | 2 | $0 | |
Charles W Dickerson III Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $156,213 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $156,213 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,585 |
Total expenses | $33,585 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $178,116 |
Other assets | $0 |
Total assets | $278,366 |
Total liabilities | $0 |
Net assets or fund balances | $278,366 |
Over the last fiscal year, we have identified 2 grants that Mu Boule Foundation has recieved totaling $15,350.
Awarding Organization | Amount |
---|---|
The Ray Charles Foundation Los Angeles, CA PURPOSE: EDUCATIONAL PURPOSES | $15,000 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $350 |
Organization Name | Assets | Revenue |
---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |