Mt25 Inc
- Assets
- $189.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coleman, TX
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 75-2870590
Organization Overview
Mt25 Inc is located in Coleman, TX. The organization was established in 2002. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt25 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, Mt25 Inc generated $134.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $90.7k during the year ending 12/2022. While expenses have increased by 7.4% 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 Program Activity:
Part 3
RELIGIOUS SERVICES, HUMANITARIAN SERVICES FOR NEEDY INDIVIDUALS SUCH AS FOOD, LODGING, HEALTH CARE, AND TRANSPORTATION TO AND FROM HEALTH CARE/MEDICAL FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Wilson President | 40 | $0 | |
Maureen Wilson Secretary | 40 | $8,663 | |
Terry Mciver Director | 0 | $0 | |
Thomas Potter Director | 0 | $0 | |
Cindy Coghlan Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,279 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $27,876 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,762 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $25,869 |
| Printing, publications, postage, and shipping | $1,979 |
| Other expenses | $47,387 |
| Total expenses | $90,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,007 |
| Other assets | $0 |
| Total assets | $189,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,865 |