Mk5 Faith & Finances Incorporated is located in Snellville, GA. The organization was established in 2020. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mk5 Faith & Finances Incorporated 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, Mk5 Faith & Finances Incorporated generated $88.7k in total revenue. All expenses for the organization totaled $71.4k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MK5 PARTNERED WITH OTHER FINANCIAL LITERACY COACHING FIRMS TO OFFER TRAINING AND RESOURCES TO ADULTS WHO ENROLLED IN THE DELTA SIGMA THETA INCORPORATED "DFREE" PROGRAM. (10 WEEK SESSION) MK5 PARTNERED WITH LIGHT OF THE WORLD CHRISTIAN TABERNACLE TO SPONSOR A COAT, BLANKET AND BOOT DRIVE WHERE WE WERE ABLE TO IMPACT 100+ HOUSEHOLDS. MK5 ALSO SUPPORTED THE OUTREACH EFFORTS OF LOTW TO PROVIDE SOCKS AND CHRISTMAS CARDS TO RESIDENTS OF THE MANOR CARE NURSING HOME. MK5 WAS ABLE TO SUPPORT THE DELTA SIGMA THETA SORORITY INCORPORATED STEAMFEST BY INCLUDING OUR MARKETING MATERIALS IN 400 "SWAG BAGS". AT THIS EVENT EXHIBITORS HOSTED TABLES AND SHOWCASED INTERACTIVE DEMONSTRATIONS/ACTIVITIES AND SHARED INFORMATIONAL MATERIAL ON STEAM RELATED FIELDS AND CAREERS. A BOARD MEMBER RECOMMENDED THE COMPANY GYVE AS A DONATION PLATFORM FOR MK5. THIS COMPANY WAS CREATED FOR CHURCHES AND NON PROFITS AS A GIVING PLATFORM AND ALLOWS CONSUMERS TO ROUND TRANSACTIONS MADE WITH DEBIT CARDS UP TO THE NEAREST DOLLAR AND WILL DONATE THE DIFFERENCE TO THE NON PROFIT OF THEIR CHOICE. (I.E. TRANSACTIONS FOR $2.50 WOULD BE ROUNDED TO $3 AND THE $.50 WOULD BE DONATED TO MK5) NATTLIE RINGER AND I SPOKE WITH JOSH WITH GYVE TO BETTER UNDERSTAND HOW THE DONATION PLATFORM WORKS. DURING OUR NEXT BOARD MEETING WE WILL SHARE OUR FINDINGS AND OBTAIN A VOTE AS TO WHETHER WE WILL LEVERAGE THIS SOLUTION FOR DONATIONS. YOU CAN FIND MORE DETAILS AT: GYVE.COM. FINANCIAL LITERACY WORKSHOPS WERE OFFERED TO INDIVIDUAL OF ALL AGES WHO WERE HENRY COUNTY RESIDENTS THROUGHOUT THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Meosha C Kimbrough President | 25 | $0 | |
Michael Kimbrough Vice President, CFO | 25 | $0 | |
Sharonda Gates Secretary | 10 | $0 | |
Jennifer Kimbrough Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $38,744 |
Total Program Service Revenue | $48,663 |
Membership dues | $1,250 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $88,657 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $16,994 |
Professional fees and other payments to independent contractors | $1,300 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $4,005 |
Other expenses | $39,203 |
Total expenses | $71,415 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,742 |
Other assets | $0 |
Total assets | $18,742 |
Total liabilities | $0 |
Net assets or fund balances | $18,742 |
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