Mti Educational Foundation Inc is located in Hendersonville, TN. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mti Educational 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 12/2022, Mti Educational Foundation Inc generated $110.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $54.1k during the year ending 12/2022. 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
THE PROVISION OF FINANCIAL ASSISTANCE TO METAL TREATING INSTITUTE, AND OTHER COMPANIES THAT ARE ENGAGED IN THE BUSINESS OF HEAT TREATING METALS, OR METAL PRODUCTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie Jones Board Member | 1 | $0 | |
John Vanas Board Member | 1 | $0 | |
Doug Glenn Treasurer | 1 | $0 | |
Jim Oakes Board Member | 1 | $0 | |
Tom Morrison Chief Staff Administration | 2 | $0 | |
Don Hendry Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $89,699 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $13 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15,581 |
Other Revenue | $5,000 |
Total Revenue | $110,293 |
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 | $700 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $53,433 |
Total expenses | $54,133 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $444,614 |
Other assets | $0 |
Total assets | $447,614 |
Total liabilities | $0 |
Net assets or fund balances | $447,614 |
Organization Name | Assets | Revenue |
---|---|---|
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |