Mt Airy Net Inc
- Assets
- $302.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Mount Airy, MD
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 52-1819054
Organization Overview
Mt Airy Net Inc is located in Mount Airy, MD. The organization was established in 1994. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Mt Airy Net Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Airy Net 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, Mt Airy Net Inc generated $159.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $182.1k during the year ending 12/2022. While expenses have increased by 28.4% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT AND SERVICES PRIMARILY FOOD UTILITIES AND RENT ASSISTANCE FOR THOSE IN NEED IN THE FOUR COUNTY REGION OF MOUNT AIRY MARYLAND.
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD ASSISTANCE AND GROCERY CARDS FOR PERISHABLE ITEMS TO THOSE IN NEED.
PROVIDE RENT ASSISTANCE INCLUDING SECURITY DEPOSITS AND EVICTION PREVENTION.
PROVIDE ASSISTANCE FOR ELECTRIC AND WATER BILLS TO PREVENT UTILIT TURN OFFS AND FOR HEATING FUELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Harner Vice President | 4 | $0 | |
Carol Cahall Treasurer | 3 | $0 | |
Betty Logan Recording Secretary | 2 | $0 | |
Laura Hagenbuch Board Of Directors | 1 | $0 | |
Charles Sauerwein Board Of Directors | 2 | $0 | |
Ed Garabedian Board Of Directors | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,985 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $280 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,841 |
| Professional fees and other payments to independent contractors | $5,564 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $809 |
| Other expenses | $7,555 |
| Total expenses | $182,106 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,875 |
| Other assets | $0 |
| Total assets | $302,875 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,875 |