Mboho Mkparawa Ibibio Usa Inc - Houston Chapter
- Assets
- $70.5k
- Revenue
- $12.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-3402938
Organization Overview
Mboho Mkparawa Ibibio Usa Inc - Houston Chapter is located in Katy, TX. The organization was established in 2019. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mboho Mkparawa Ibibio USA Inc - Houston Chapter 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, Mboho Mkparawa Ibibio USA Inc - Houston Chapter generated $12.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $10.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION WAS FORMED IN JUNE 2019 TO PROMOTE EVENTS, PROGRAMS, AND SERVICES THAT WILL BRING PROGRESS TO OUR COMMUNITY, AND THE COMMUNITY MEMBERS OF AKWA IBOM STATE RESIDING HERE IN THE UNITED STATES. WE WILL ACCOMPLISH OUR MISSION THROUGH BROAD MEMBERSHIP PARTICIPATION AND BUILDING ALLIANCES WITH OTHER ETHNIC GROUPS WITHIN OUR COMMUNITY, OR MAXIMUM IMPACT ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS INCORPORATED IN JUNE 2019, THEREFORE, WE HAD NO PRIOR ACTIVITIES BEFORE THEN. AS A RESULT OF THE WORLDWIDE COVID-19 PANDEMIC, ALL THE PROGRAM ACTIVITIES SCHEDULED FOR THE YEAR 2020 WERE NOT CARRIED OUT OR IMPLEMENTED. RATHER, WE MANAGED TO PURCHASE SOME PERSONAL PROTECTION EQUIPMENT OR PPE ITEMS LIKE MASKS, GLOVES, HAND SANITIZERS, AND DONATED THEM TO THE FIRST RESPONDERS, AS WELL AS OTHER HEALTHCARE PROVIDERS. SOME OF OUR MEMBERS WHO ARE HEALTHCARE PROFESSIONALS VOLUNTEERED THEIR TIME AND SKILLS TO PARTICIPATE IN THE FIGHT AGAINST COVID-19 IN OUR COMMUNITY.
BECAUSE OF COVID-19 , WE WERE UNABLE T CARRY OUT OUR PROPOSED PROGRAM OF EVENTS IN 2021.
NOTHING TO REPORT ON THIS ISSUE BECAUSE OF THE WORLDWIDE COVID-19 PANDEMIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Okpon Director | Officer | 5 | $0 |
Essien Ison President | Officer | 6 | $0 |
Stephen Bassey Director | Officer | 5 | $0 |
Elsie Obot Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,751 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,012 |
| Noncash contributions included in lines 1a–1f | $245 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,763 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $783 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $3,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,179 |
| Information technology | $1,418 |
| Royalties | $0 |
| Occupancy | $1,100 |
| Travel | $702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $0 |
| Payments to affiliates | $763 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,013 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,500 |
| Accounts receivable, net | $47,956 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,469 |
| Accounts payable and accrued expenses | $980 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $980 |
| Net assets without donor restrictions | $69,489 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,469 |
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