Mcdonough County 4-H Building And Grounds Corporation
- Assets
- $291.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macomb, IL
- Founding
- 08/1957
- Data as of
- 12/2023
- EIN
- 37-6046360
Organization Overview
Mcdonough County 4-H Building And Grounds Corporation is located in Macomb, IL. The organization was established in 1957. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcdonough County 4-H Building And Grounds Corporation 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, Mcdonough County 4-H Building And Grounds Corporation generated $71.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 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 |
|---|---|---|---|
Shannon Welsh President | 2 | $0 | |
Ty Engnell Vice-President | 2 | $0 | |
Andy Riggins Treasurer | 2 | $0 | |
Ann Knowles Secretary | 2 | $0 | |
Justin Mcgrew Director | 2 | $0 | |
Corey Torrance Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $57,884 |
| Membership dues | $0 |
| Investment income | $164 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,960 |
| Total Revenue | $71,508 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,664 |
| Salaries, other compensation, and employee benefits | $5,703 |
| Professional fees and other payments to independent contractors | $2,018 |
| Occupancy, rent, utilities, and maintenance | $24,253 |
| Printing, publications, postage, and shipping | $94 |
| Other expenses | $18,657 |
| Total expenses | $59,389 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,012 |
| Other assets | $0 |
| Total assets | $290,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $290,978 |