Marmac Charities Inc
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, AL
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 35-2356559
Organization Overview
Marmac Charities Inc is located in Decatur, AL. The organization was established in 2012. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marmac Charities 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 12/2021, Marmac Charities Inc generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.4%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE DONATIONS OF MONEY AND GOODS TO OTHER CHARITIES AND NEEDY INDIVIDUALS BY OPERATION OF A THRIFT STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Sandoval Board Member | 5 | $0 | |
Cynthia Volin Board Member | 5 | $0 | |
Greg Byrd Board Member | 5 | $0 | |
Amber Delashaw Board Member | 5 | $0 | |
Mark Moody President | 5 | $0 | |
Teri Watson Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,570 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,570 |
| 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 | $480 |
| Occupancy, rent, utilities, and maintenance | $10,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5 |
| Total expenses | $11,285 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,715 |
| Other assets | $0 |
| Total assets | $3,290 |
| Total liabilities | $21,250 |
| Net assets or fund balances | -$17,960 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marmac Charities Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
Poverello Center Inc Wilton Manors, FL | $4,969,288 | $2,314,120 |
The Clothes Less Traveled Thrift Shop Inc Peachtree City, GA | $1,330,927 | $1,604,886 |
Hand Up Inc Calhoun, GA | $1,679,036 | $1,708,856 |
Asbury Thrift Store Inc Madison, AL | $2,796,336 | $1,602,848 |
North Brevard Charities Sharing Center Inc Titusville, FL | $3,289,174 | $967,626 |
We Care Community Services Inc Dayton, TN | $2,321,590 | $1,212,770 |
Good Neighbors Thrift Shop Inc Lenoir City, TN | $1,316,271 | $1,004,712 |
Because He Lives Ministry Inc Hazlehurst, GA | $190,247 | $766,611 |
Society Of St Vincent De Paul Council Of Pensacola-Tallahassee Penacola, FL | $605,196 | $751,620 |
One Roof Ecumenical Allianceoutreach Incorporation Newnan, GA | $675,367 | $918,946 |