Msk Mission Foundation Inc
- Assets
- $1.9m
- Revenue
- $170.3k
- Investments
- $1.8m
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 04/2009
- Data as of
- 09/2024
- EIN
- 26-3459656
Organization Overview
Msk Mission Foundation Inc is located in Amarillo, TX. The organization was established in 2009. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Msk Mission Foundation 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 09/2024, Msk Mission Foundation Inc generated $170.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $97.6k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSK MISSION SUPPORTS THE MISSIONS PROGRAM OF BELL AVENUE CHURCH OF CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Mayfield Director | 0 | $0 | |
Eddie Hankins Director | 0 | $0 | |
Cled Click Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,366 |
| Interest on Savings | $48 |
| Dividends & Interest | $106,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,630 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,352 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,152 |
| Contributions, gifts, grants paid | $94,425 |
| Total expenses and disbursements | $97,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,853 |
| Savings and temporary cash investments | $132,755 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $701,287 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,943,404 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Msk Mission Foundation Inc has awarded $136,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BELL AVENUE CHURCH OF CHRIST PURPOSE: FOREIGN MISSIONS | $126,000 |
AMARILLO COLLEGE BIBLE CHAIR PURPOSE: HELP SUPPORT THE BIBLE CHAIR | $10,000 |