Magkie Foundation International Inc
- Assets
- $501.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, IA
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 81-1340687
Organization Overview
Magkie Foundation International Inc is located in Johnston, IA. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magkie Foundation International 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, Magkie Foundation International Inc generated $109.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $109.3k during the year ending 12/2022. While expenses have increased by 1.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Terpening Board Member | 5 | $0 | |
Jim Ritsch Board Member | 5 | $0 | |
Teresa Hall Board Member | 5 | $0 | |
Robert Hall Board Member | 5 | $0 | |
Lynne Beetner Board Member | 5 | $0 | |
Drew James Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,819 |
| 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 | $109,819 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,025 |
| Other expenses | $108,293 |
| Total expenses | $109,318 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $501 |
| Other assets | $0 |
| Total assets | $501 |
| Total liabilities | $9,929 |
| Net assets or fund balances | -$9,428 |