Mongol-American Cultural Association Inc
- Assets
- $33.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 22-3166466
Organization Overview
Mongol-American Cultural Association Inc is located in New Brunswick, NJ. The organization was established in 1992. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Mongol-American Cultural Association 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 12/2023, Mongol-American Cultural Association Inc generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $36.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Altan President | 0 | $0 | |
Chagaan Bataar Director | 0 | $0 | |
Chinggeltu Borjiged Vice Pres | 0 | $0 | |
Enghe Chimood Director | 0 | $0 | |
Palgi Gyamcho Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,278 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $416 |
| Gain or Loss | -$1,457 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,237 |
| 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 | $1,810 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,910 |
| Total expenses | $36,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,084 |
| Other assets | $0 |
| Total assets | $33,384 |
| Total liabilities | $78,187 |
| Net assets or fund balances | -$44,803 |