Marine Corps Reserve Association Inc
- Assets
- $11.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stafford, VA
- Founding
- 08/1981
- Data as of
- 12/2023
- EIN
- 53-0235297
Organization Overview
Marine Corps Reserve Association Inc is located in Stafford, VA. The organization was established in 1981. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is the central organization for a national or regional group of organizations. Marine Corps Reserve Association Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2023, Marine Corps Reserve Association Inc generated $20.5k 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 (21.7%) each year. All expenses for the organization totaled $22.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,035 |
| Investment income | $6,457 |
| Gain or Loss | $1,113 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,465 |
| 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 | $5,008 |
| Occupancy, rent, utilities, and maintenance | $1,245 |
| Printing, publications, postage, and shipping | $695 |
| Other expenses | $12,290 |
| Total expenses | $22,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,052 |
| Other assets | $0 |
| Total assets | $11,052 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,052 |