Mustang Fund Inc
- Assets
- $229.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2012
- Data as of
- 06/2021
- EIN
- 27-3542408
Organization Overview
Mustang Fund Inc is located in Atlanta, GA. The organization was established in 2012. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mustang Fund 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 06/2021, Mustang Fund Inc generated $65.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $7.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 6 years. 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
SUPPORTING CURRICULUM ENHANCEMENTS AND FUNDING MONTGOMERY ELEMENTARY SCHOOL'S PURSUIT OF EXCELLENCE IN EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Raven President | 0.5 | $0 | |
Mira Gohil Treasurer | 0.5 | $0 | |
Donna Urbano Secretary | 0.5 | $0 | |
Zachary Polun Board Member | 0.5 | $0 | |
Amy Sery Board Member | 0.5 | $0 | |
Chistina Tran Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,717 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $357 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,074 |
| 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 | $643 |
| Total expenses | $7,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,214 |
| Other assets | $0 |
| Total assets | $229,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,214 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mustang Fund Inc has recieved totaling $326.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $326 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Queens University Of Charlotte Endowment Charlotte, NC | $185,539,015 | $2,324,123 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |