Mgl Ministries
- Assets
- $50.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brownsville, TX
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-3237130
Organization Overview
Mgl Ministries is located in Brownsville, TX. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mgl Ministries 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, Mgl Ministries generated $41.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 62.2% each year . All expenses for the organization totaled $1.4k during the year ending 12/2021. While expenses have increased by 13.0% 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
2021
Describe the Organization's Program Activity:
Part 3
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,500 |
| 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 | $41,500 |
| 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 | $0 |
| Other expenses | $1,444 |
| Total expenses | $1,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,787 |
| Other assets | $0 |
| Total assets | $50,787 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,787 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mgl Ministries has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
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