Mbaise Usa Inc
- Assets
- $416.8k
- Revenue
- $359.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Missouri City, TX
- Founding
- 12/2010
- Data as of
- 12/2023
- 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 12/2023, Mbaise USA Inc generated $359.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $245.8k during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 NATIONAL CONVENTION IN WHICH EDUCATIONAL AND CULTURAL DISCUSSIONS CUTTING ACROSS VARIOUS US CITIZENS WERE DISCUSSED. AN ADVANCE PAYMENT OF $50,000 WAS MADE FOR 2023 EDITION
2023 MEDICAL MISSION DURING WHICH FREE MEDICAL SERVICES WERE RENDERED TO THOUSANDS OF LESS PRIVILEGED CITIZENS BY MEDICAL PROFESSIONALS
WOMEN EMPOWERMENT PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sos Echendu President | 10 | $0 | |
Ezeji Alozie A Aguwa V/president | 7.5 | $0 | |
Hon Joe Nwoga Secretary | 5 | $0 | |
Hon Damasus Nwachukwu Deputy Secretary | 5 | $0 | |
Mrs Jovita Ike Np Treasurer | 7.5 | $0 | |
Dr Ken Akwuole Financial Secretary | 7.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $359,799 |
| 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 | $359,799 |
| 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 | $5,820 |
| Printing and publications | $0 |
| Other expenses | $238,907 |
| Total operating and administrative expenses | $245,797 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $245,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,542 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $49,330 |
| 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 | $50,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,959 |
| Total assets | $416,831 |
| Accounts payable and accrued expenses | $18,753 |
| 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 | $18,753 |