Mk Inc
- Assets
- $57.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, SC
- Founding
- 01/2005
- Data as of
- 06/2022
- EIN
- 30-0251862
Organization Overview
Mk Inc is located in Georgetown, SC. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Mk 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 06/2022, Mk Inc generated $49.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $72.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED SERVICES THAT ADVANCE LITERACY AND EDUCATION OF CHILDREN IN GRADE K-12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oneal Linen Chair | 10 | $0 | |
Eric Lance Member | 10 | $0 | |
Juliette Lance Member | 10 | $0 | |
Genetha Rice-Singleton Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,265 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,635 |
| Professional fees and other payments to independent contractors | $4,966 |
| Occupancy, rent, utilities, and maintenance | $8,550 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,141 |
| Total expenses | $72,292 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,397 |
| Other assets | $0 |
| Total assets | $57,397 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,397 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mk Inc has recieved totaling $108.
| Awarding Organization | Amount |
|---|---|
Frances P Bunnelle Foundation Pawleys Island, SC PURPOSE: SPECIAL PROJECT SUPPORT | $54 |
Frances P Bunnelle Foundation Pawleys Island, SC PURPOSE: SPECIAL PROJECT SUPPORT | $54 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
Burlingame Country Club Inc Sapphire, NC | $10,768,735 | $4,568,714 |
Spartanburg Academic Movement Spartanburg, SC | $4,955,067 | $3,165,814 |
Nc Counts Coalition Raleigh, NC | $475,354 | $3,427,386 |
School Of Government Services Chapel Hill, NC | $1,166,557 | $3,431,820 |
Duke Allmo Services Inc Durham, NC | $1,467,351 | $2,841,110 |
Duke Janjun Services Inc Durham, NC | $2,629,558 | $2,631,682 |
North Carolina Business Committee For Education Inc Raleigh, NC | $754,414 | $1,472,737 |