Mo-Kan Development Inc
- Assets
- $586.8k
- Revenue
- $74.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Joseph, MO
- Founding
- 05/1983
- Data as of
- 09/2022
- EIN
- 43-1273889
Organization Overview
Mo-Kan Development Inc is located in Saint Joseph, MO. The organization was established in 1983. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, 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. Mo-Kan Development 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 09/2022, Mo-Kan Development Inc generated $74.7k 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 (14.7%) each year. All expenses for the organization totaled $122.7k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST SMALL BUSINESSES IN OBTAINING LOANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST SMALL BUSINESS IN OBTAINING LOANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Carrel Assistant Se | OfficerTrustee | 0.25 | $0 |
Brad Campbell Vice Preside | OfficerTrustee | 0.25 | $0 |
Robert Findley Treasurer | OfficerTrustee | 0.25 | $0 |
Dianne Dewey Secretary | OfficerTrustee | 0.25 | $0 |
Rodger Karn President | OfficerTrustee | 0.25 | $0 |
Stephanie Williams Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,489 |
| Investment income | $2,946 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $292 |
| Office expenses | $0 |
| Information technology | $3,840 |
| Royalties | $0 |
| Occupancy | $11,163 |
| Travel | $2,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,109 |
| Insurance | $7,263 |
| All other expenses | $3,922 |
| Total functional expenses | $122,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,826 |
| Savings and temporary cash investments | $167,766 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,955 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,011 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $226,287 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $586,845 |
| Accounts payable and accrued expenses | $9,668 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $23,050 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,315 |
| Total liabilities | $36,033 |
| Net assets without donor restrictions | $550,812 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $586,845 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mo-Kan Development Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northwest Missouri Saint Joseph, MO | | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tulsa Economic Development Corporation Tulsa, OK | $33,851,725 | $32,973,039 |
Womens Business Development Center Chicago, IL | $6,715,757 | $38,492,133 |
Allies For Community Business Inc Chicago, IL | $54,726,016 | $12,452,578 |
Bunker Labs Nfp Inc Chicago, IL | $3,938,287 | $4,312,612 |
Brightbridge Inc Chattanooga, TN | $120,622,501 | $3,473,186 |
Technology Entrepreneur Center Inc St Louis, MO | $14,793,185 | $1,740,629 |
Bioconnect Iowa Des Moines, IA | $1,127,931 | $1,803,790 |
South Central Ozark Council Of Governments Pomona, MO | $2,561,241 | $1,014,983 |
Custer County Foundation Inc Broken Bow, NE | $7,035,087 | $2,062,629 |
Pipeline Inc Kansas City, KS | $850,172 | $659,645 |
Entrepreneur Development Center Southwest Tennessee Inc Jackson, TN | $909,692 | $610,826 |
Frontier Financial Partners Inc Emporia, KS | $2,116,575 | $668,462 |