Mfhl Corporation

Organization Overview

Mfhl Corporation is located in Dallas, TX. The organization was established in 2001. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Mfhl Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mfhl Corporation 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 12/2021, Mfhl Corporation generated $253.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $511.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOLLOW THE EXAMPLE OF JESUS BY SERVING VULNERABLE CHILDREN AND FAMILIES.

Describe the Organization's Program Activity:

18 FAMILIES, INCLUDING 33 CHILDREN, RESIDED AT MFHL AND RECEIVED SERVICES TO FURTHER THEIR HEALING AND EDUCATION. THIS PROGRAM ALSO PROVIDES LIFE SKILLS TRAINING AND JOB READINESS EDUCATION.MFHL MERGED WITH BUCKNER CHILDREN AND FAMILY SERVICES (BCFS) ON DECEMBER 13, 2021, AT WHICH TIME THESE PROGRAMS TRANSITIONED TO BCFS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$187,452
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$187,452
Total Program Service Revenue$38,303
Investment income $4,350
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $23,193
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $253,298

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mfhl Corporation has recieved totaling $98,000.

Awarding OrganizationAmount
Buckner Children And Family Services Inc

Dallas, TX

PURPOSE: GENERAL SUPPORT

$98,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$325,255
Earnings$42,972
Admin Expense$356,043
Other Expense$12,184

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