Mbaise Usa Inc
- Assets
- $211.1k
- Revenue
- $87.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Missouri City, TX
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 26-2104390
Organization Overview
Mbaise Usa Inc is located in Missouri City, TX. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mbaise USA 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 12/2021, Mbaise USA Inc generated $87.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $112.9k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 NATIONAL CONVENTION IN WHICH EDUCATIONAL AND CULTURAL DISCUSSIONS CUTTING ACROSS VARIOUS US CITIZENS WERE DISCUSSED. AN ADVANCE PAYMENT OF $46,000 WAS MADE FOR 2022 EDITION
2021 MEDICAL MISSION DURING WHICH FREE MEDICAL SERVICES WERE RENDERED TO THOUSANDS OF LESS PRIVILEGED CITIZENS BY MEDICAL PROFESSIONALS
CHARITY, WELFARE AND COVID-19 DONATIONS
SECURITY ASSISTANCE TO LOCAL GOVERNMENT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sos Echendu President | 10 | $0 | |
Ezeji Alozie A Aguwa Vice President | 2 | $0 | |
Hon Joe Nwoga Secretary | 5 | $0 | |
Hon Damasus Nwachukwu Deputy Secretary | 5 | $0 | |
Mrs Jovita Ike Np Treasurer | 7.5 | $0 | |
Hon Austin Imoh Asst Fin Sec | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $87,523 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,700 |
| Total operating and administrative expenses | $112,869 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $112,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,286 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $38,250 |
| Net Pledges Receivable | $7,275 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,098 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,182 |
| Total assets | $211,091 |
| Accounts payable and accrued expenses | $50,469 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,469 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mbaise Usa Inc has recieved totaling $29,573.
| Awarding Organization | Amount |
|---|---|
Kingsway Charities Inc Bristol, VA PURPOSE: Global healthcare | $29,290 |
Truecare Charities Inc Cerritos, CA PURPOSE: MEDICAL MISSION | $283 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy Ships Lindale, TX | $171,351,006 | $110,683,026 |
Mercury One Inc Irving, TX | $26,900,316 | $58,076,637 |
Caris Foundation International Irving, TX | $3,266,033 | $33,910,538 |
Ahed International Inc Irving, TX | $2,773,148 | $33,249,497 |
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |
Focus Humanitarian Assistance U S A Sugar Land, TX | $10,443,894 | $8,688,144 |
A Glimmer Of Hope Foundation Austin, TX | $0 | $5,415,626 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Building Everyones Success Together In West Africa Grand Prairie, TX | $91,189 | $6,476,422 |
Dasra Houston, TX | $12,585,856 | $13,108,623 |
Mountain On Mastersroad Inc Manvel, TX | $56,044 | $5,994,766 |
4africa Fort Worth, TX | $780,808 | $4,207,403 |