Millard Business Community Foundation
- Assets
- $78.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 12/2010
- Data as of
- 12/2023
- EIN
- 27-3413949
Organization Overview
Millard Business Community Foundation is located in Omaha, NE. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Millard Business Community Foundation 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, Millard Business Community Foundation generated $100.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $131.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. 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
TO PROVIDE SUPPORT TO THE MILLARD AND GREATER OMAHA METRO AREA. PROJECT WEE CARE PROVIDED FOOD, CLOTHING AND GIFTS TO OVER 200 FAMILIES DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Nelson Treasurer | 5 | $0 | |
Rick Blessing Cice President | 5 | $0 | |
Mary Ann Borgeson Director | 5 | $0 | |
Chris Janovec Secretary | 5 | $0 | |
Justin Lorimer President | 5 | $0 | |
Dick Hovorka Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $926 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,994 |
| Other Revenue | $212 |
| Total Revenue | $100,846 |
| 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 | $11,649 |
| Total expenses | $131,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,730 |
| Other assets | $0 |
| Total assets | $78,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,730 |