Marc Resources Iii Inc
- Assets
- $131.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macon, GA
- Founding
- 09/1985
- Data as of
- 06/2019
- EIN
- 58-1620758
Organization Overview
Marc Resources Iii Inc is located in Macon, GA. The organization was established in 1985. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Resources Iii 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 06/2019, Marc Resources Iii Inc generated $32.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $31.0k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
HUD SUBSIDIZED HOUSING FOR 4 DEVELOPMENTALLY DISABLED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Tiller Secretary | 0 | $0 | |
Daryl Hayes Treasurer | 0 | $0 | |
Brenda Thomas Director | 0 | $0 | |
Michael Hutchinson Director | 0 | $0 | |
Jennifer Sheetz CFO | 0 | $0 | |
Jennafer Pennell President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,610 |
| Total Program Service Revenue | $22,169 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,525 |
| Total Revenue | $32,347 |
| Statement of Expenses | |
|---|---|
| Total expenses | $31,024 |
| Balance Sheet | |
|---|---|
| Total assets | $131,413 |
| Total liabilities | $72,995 |
| Net assets or fund balances | $58,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Carolina Vocational Center Inc Greenville, NC | $26,970,682 | $10,804,799 |
Park Center Nashville, TN | $31,811,535 | $21,739,362 |
Wiregrass Rehabilitation Center Inc Dothan, AL | $13,393,058 | $8,461,901 |
Johnston County Industries Inc Selma, NC | $6,782,486 | $8,118,141 |
The Arc Nature Coast Inc Spring Hill, FL | $8,156,274 | $6,536,043 |
Palm Beach Habilitation Center Inc Palm Springs, FL | $6,844,061 | $5,263,189 |
Durham Exchange Club Industries Inc Durham, NC | $24,396,757 | $5,688,631 |
Easter Seals West Georgia Inc Columbus, GA | $14,019,285 | $4,649,150 |
Nobis Works Inc Marietta, GA | $8,145,153 | $3,990,090 |
Star Center Inc Jackson, TN | $4,181,511 | $5,427,165 |
Rowan Vocational Opportunities Inc Salisbury, NC | $7,306,571 | $2,690,118 |
New Ventures Inc Lagrange, GA | $3,943,756 | $4,611,445 |