Mbour Educational Facilities Foundation is located in Philmont, NY. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mbour Educational Facilities 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 12/2017, Mbour Educational Facilities Foundation generated $50.4k 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 (3.1%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
FUNDS DISTRIBUTED TO AVENIR EDUCATION, A NOT-FOR-PROFIT ENTITY IN SENEGAL, FOR THE PURPOSE OF ACQUIRING A NEW SCHOOL BUILDING TO HELP SERVE OVER 500 STUDENTS FROM GRADES K TO 12.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michel Petenzi Chairman | 7 | $0 | |
Catherine Petenzi Vice Chairman | 2 | $0 | |
Richard Purcell Secretary | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,384 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,384 |
| 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 | $1,334 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $255 |
| Total expenses | $82,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,338 |
| Other assets | $0 |
| Total assets | $19,338 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,338 |