Macon Economic Opportunity Inc
- Assets
- $350.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Grove, LA
- Founding
- 08/1967
- Data as of
- 12/2023
- EIN
- 72-0629286
Organization Overview
Macon Economic Opportunity Inc is located in Oak Grove, LA. The organization was established in 1967. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Macon Economic Opportunity 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 12/2023, Macon Economic Opportunity Inc generated $80.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $81.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICES/HOME ENERGY ASSISTANCE PROGRAM: ACCOUNTS FOR THE OPERATIONS OF ADMINISTERING PROGRAMS DESIGNED TO PROVIDE SERVICES AND ACTIVITIES THAT WILL HAVE A MEASURABLE IMPACT ON CAUSES OF POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Crosby Member | 0 | $0 | |
Eddie Russell Chair | 0 | $0 | |
Jack L Madden Member | 0 | $0 | |
Bill Ellerbe Parliamentar | 0 | $0 | |
Johnny Simms Vice Chair | 0 | $0 | |
Jerrie Knight Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,880 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,880 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,727 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,542 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,907 |
| Total expenses | $81,176 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $350 |
| Other assets | $0 |
| Total assets | $350 |
| Total liabilities | $0 |
| Net assets or fund balances | $350 |