Micah 6 8 Inc
- Assets
- $7.8m
- Revenue
- $1.1m
- Investments
- $6.3m
- Employees
- 0
- Location
- Longview, TX
- Founding
- 07/2013
- Data as of
- 12/2022
- EIN
- 46-1436016
Organization Overview
Micah 6 8 Inc is located in Longview, TX. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micah 6 8 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, Micah 6 8 Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $151.3k during the year ending 12/2022. While expenses have increased by 18.4% per year over the past 6 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.
Since 2017, Micah 6 8 Inc has awarded 100 individual grants totaling $254,788. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO PUBLIC CHARITIES, CHRISTIAN ORGANIZATIONS, COMMUNITY OUTREACH, COMMUNITY ARTS PROGRAMS
CHARITABLE GIFTS & DONATIONS TO INDIVIDUAL VOLUNTEERS & NEED BASED DONATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Jayakar Pres/director | 2.6 | $13,540 | |
Pamela Jayakar Director | 2 | $0 | |
Daniel Jayakar Director | 0 | $0 | |
Stephen Jayakar Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $5 |
| Dividends & Interest | $2,065 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $138,075 |
| Capital Gain Net Income | $138,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,140,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,540 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $7,600 |
| Travel, conferences, and meetings | $5,741 |
| Printing and publications | $0 |
| Other expenses | $6,775 |
| Total operating and administrative expenses | $34,856 |
| Contributions, gifts, grants paid | $116,464 |
| Total expenses and disbursements | $151,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,401,964 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,750,417 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Micah 6 8 Inc has awarded $116,464 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BIBLE STUDY FELLOWSHIP PURPOSE: GENERAL DONATION | $653 |
EPC OF LONGVIEW PURPOSE: GENERAL DONATION | $8,000 |
LRMC VOLUNTEERS PURPOSE: GIFTS FOR VOLUNTEERS | $4,016 |
LETOURNEAU STUDENTS PURPOSE: GIFT | $1,063 |
MARICELLA OREGON PURPOSE: GIFT | $535 |
CONVOY OF HOPE PURPOSE: GENERAL DONATION | $500 |