Michigan Business Education
- Assets
- $51.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East China, MI
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 38-1849550
Organization Overview
Michigan Business Education is located in East China, MI. The organization was established in 2015. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Michigan Business Education 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, Michigan Business Education generated $45.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $31.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) 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
CONVENTION - FOCUS ON ACTIVITIES THAT WILL IMPROVE INSTRUCTION AND LEARNING IN CLASSROOMS. PRESENTERS COME FROM MICHIGAN AND OTHER STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Webb President | 20 | $0 | |
Joyce E Newton VP Of Business & Finance | 3 | $0 | |
Rolalyn Arseneau VP Of Membership | 5 | $0 | |
Treasa Evans-Dunn Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,576 |
| Membership dues | $2,349 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,925 |
| 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 | $395 |
| Occupancy, rent, utilities, and maintenance | $953 |
| Printing, publications, postage, and shipping | $6,366 |
| Other expenses | $23,307 |
| Total expenses | $31,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,559 |
| Other assets | $0 |
| Total assets | $51,559 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,559 |
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