Metropolitan Breakfast Club
- Assets
- $19.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Austin, TX
- Founding
- 03/1988
- Data as of
- 06/2023
- EIN
- 74-2437522
Organization Overview
Metropolitan Breakfast Club is located in Austin, TX. The organization was established in 1988. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Metropolitan Breakfast Club employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Breakfast Club is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Metropolitan Breakfast Club generated $70.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $70.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 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
METROPOLITAN BREAKFAST CLUB (MBC) WILL PRESENT THE RELEVANT ISSUES AND EDUCATE ITS MEMBERSHIP IN ORDER TO ALLOW EACH MEMBER TO BE KNOWLEDGEABLE AND INFORMED ON THE ISSUES, BUT WILL NOT ENDORSE ANY PRESENTATION AS A CONSENSUS OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginna Smith Immediate Past President | 1 | $0 | |
Joe Neal Kerr President | 1 | $0 | |
Dick Sanger Treasurer | 1 | $0 | |
Bob Guess Secretary | 1 | $0 | |
Sierra Bailey Director | 1 | $0 | |
Beverly Biehl Program Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,215 |
| Membership dues | $18,729 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $70,945 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,900 |
| Professional fees and other payments to independent contractors | $3,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $54,312 |
| Total expenses | $70,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,227 |
| Other assets | $0 |
| Total assets | $19,227 |
| Total liabilities | $2,534 |
| Net assets or fund balances | $16,693 |