Matthew 25 40 Mission Inc
- Assets
- $40.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stillwater, OK
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 11-3643437
Organization Overview
Matthew 25 40 Mission Inc is located in Stillwater, OK. The organization was established in 2003. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matthew 25 40 Mission 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 12/2022, Matthew 25 40 Mission Inc generated $9.9k 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 (47.0%) each year. All expenses for the organization totaled $200.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
CREATING SOLUTIONS TO FIGHT WORLD HUNGER. HYDROPONIC UNITS WERE DEVELOPED AND SENT TO REMOTE AREAS OF AFRICATO HELP FEED THE NEEDY AND PROVIDE CLEAN WATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley W Watkins President | 20 | $0 | |
Wade Watkins Vice President | 20 | $0 | |
Tom Dugger Treasurer | 0 | $0 | |
Martha Pittman Secretary | 0 | $0 | |
Lou Watkins Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,612 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $105 |
| Total Revenue | $9,867 |
| 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 | $748 |
| Total expenses | $200,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,946 |
| Other assets | $0 |
| Total assets | $40,946 |
| Total liabilities | $70,000 |
| Net assets or fund balances | -$29,054 |