Merchfriends Inc
- Assets
- $19.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- Data as of
- 12/2023
- EIN
- 88-1234794
Organization Overview
Merchfriends Inc is located in Phoenix, AZ. According to its NTEE Classification (A19) the organization is classified as: Support N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merchfriends Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Merchfriends Inc generated $49.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $35.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MEMBERS FROM AROUND THE GLOBE CONDUCT MEETINGS TO LEARN AND DISCUSS BEST PRACTICES, SOURCE GOODS, SHARE SUCCESS STORIES AND ADDRESS CHALLENGES, FOSTERING COMMUNITY COMMUNICATION THROUGH RECURRING WEBINARS AND LIVE EVENTS. LAUNCHED BAND SHIRT DAY IN 2022, ESTABLISHING AN ANNUAL CELEBRATION DEDICATED TO BAND TEES. BAND SHIRT DAY OFFERS ARTISTS, LABELS, AND MERCHANDISERS A DAY TO PROCLAIM THEIR LOVE OF BAND SHIRTS WHILE RAISING FUNDS FOR CHARITIES OF THEIR CHOOSING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Means President | 5 | $0 | |
Dylan Gette-King Secretary | 15 | $15,251 | |
Miranda Martineau Treasurer | 0 | $0 | |
Tim Nielson Board Member | 0 | $0 | |
Jason P Woodbury Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,373 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,373 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,962 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $69 |
| Other expenses | $18,428 |
| Total expenses | $35,459 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,409 |
| Other assets | $0 |
| Total assets | $19,409 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,409 |