Mrfac Inc
- Assets
- $194.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/1979
- Data as of
- 12/2023
- EIN
- 38-2209684
Organization Overview
Mrfac Inc is located in Wichita, KS. The organization was established in 1979. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mrfac Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Mrfac Inc generated $100.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $100.8k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
501(C)(6) COMPLETION OF THIS SECTION IS NOT REQUIRED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Tyree President | 0 | $0 | |
Nathan Miller Secretary | 0 | $0 | |
Ryan N Terry Treasurer | 0 | $0 | |
Darwin Breland Vice President | 0 | $0 | |
Dan P Mcneil Director | 0 | $0 | |
Rich Lockrem Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $104,561 |
| Membership dues | $3,300 |
| Investment income | $3,353 |
| Gain or Loss | -$10,416 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,798 |
| 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 | $97,309 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,458 |
| Total expenses | $100,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,662 |
| Other assets | $0 |
| Total assets | $194,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,662 |