Forty Acres & Mule Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 43-1750719
Organization Overview
Forty Acres & Mule Inc is located in Kansas City, MO. The organization was established in 2001. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is the central organization for a national or regional group of organizations. Forty Acres & Mule 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, Forty Acres & Mule Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $20.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION FOR YOURH, RECREATIONAL ACTIVIES FOR CHILDREN AND THE ELDERLY, AND DEVELOP AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATIONS HAS A 51 INTEREST IN A ENTITY THAT HOLDS.01 INTEREST IN A 52-UNIT SENIOR LIVING AFFORDABLE HOUSING COMMUNITY IN KANSAS CITY, MISSOURI. THE ORGANIZATION ALSO MAINTAINS THE GROUNDS AND OTHER BUILDINGS ON ITS PROPERTY, WHICH CONTRIBUTE TO THE OVERALL APPEAL AND SAFETY OF THE APARTMENT COMPLEX.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hobson President | 0.3 | $0 | |
Norma Mckelvy Treasurer | 0.3 | $0 | |
Carolyn Hall Director | 0.3 | $0 | |
Bob Kendrick Director | 0.3 | $0 | |
Terrell Jolly Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,990 |
| Total Program Service Revenue | $10,427 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,417 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $18,917 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $20,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |