Mlbc Foundation Inc is located in Bridgeport, WV. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mlbc Foundation 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 06/2024, Mlbc Foundation Inc generated $64.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE MLBC FOUNDATION'S MAIN ACTIVITIES ARE FUNDRAISING ACTIVITIES WHICH ARE LISTED ON SCHEDULE G. PROGRAM SERVICE EXPENSES CONSITS OF COSTS TO MAINTAIN THE OFFICE AND GENERAL OPERATIONAL ACTIVITIES OF THE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Yost President | 1 | $0 | |
Jeremy White Vice President | 1 | $0 | |
Daniel Cooper Secretary | 1 | $0 | |
Jeremy Preston Treasurer | 1 | $0 | |
Justin Nixon Director | 1 | $0 | |
Britney Crookshanks Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $49,492 |
Other Revenue | $0 |
Total Revenue | $64,492 |
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 | $7,911 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,567 |
Total expenses | $86,478 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $75,908 |
Other assets | $0 |
Total assets | $75,908 |
Total liabilities | $0 |
Net assets or fund balances | $75,908 |