Lake Area Mission Builders Inc
- Assets
- $143.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richland, MO
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4420821
Organization Overview
Lake Area Mission Builders Inc is located in Richland, MO. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Area Mission Builders 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, Lake Area Mission Builders Inc generated $61.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $60.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 4 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 Program Activity:
Part 3
LAKE AREA MISSION BUILDERS (LAMB) SUPPLIES MISSIONAL OPPORTUNITIES TO BUSINESSES, CHURCHS, GROUPS, AND INDIVIDUALS THROUGHOUT THE LAKE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry White President | 1 | $0 | |
Shelly Vaughn Secretary | 1 | $0 | |
John Shelton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,448 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $843 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,291 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $4,906 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,970 |
| Total expenses | $60,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,677 |
| Other assets | $0 |
| Total assets | $143,677 |
| Total liabilities | $38,954 |
| Net assets or fund balances | $104,723 |