Mbc Holding Inc is located in Auburn, GA. The organization was established in 1964. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mbc Holding 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 12/2021, Mbc Holding Inc generated $46.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $17.0k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
CHURCHWITHEMPHISISONCOMMUNITYPARTICIPATION
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $46,728 |
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 | $46,728 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,380 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,650 |
Total expenses | $17,030 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,511 |
Other assets | $0 |
Total assets | $161,725 |
Total liabilities | $5,943 |
Net assets or fund balances | $155,782 |
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