Melvin Ingrams Mission Possible Foundation Inc is located in Florence, KY. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Melvin Ingrams Mission Possible Foundation 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 12/2016, Melvin Ingrams Mission Possible Foundation Inc generated $79.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $111.6k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
THE GOAL OF MELVIN INGRAM'S MISSION POSSIBLE FOUNDATION IS TO IMPACT THE LIVES OF MORE THAN 30,000 AT-RISK SAN DIEGO STUDENTS BY THE END OF 2016.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Ingram President | 3 | $0 | |
Carmen Wallace Vice Preside | 3 | $0 | |
Eddie Williamson Secretary/tr | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,146 |
| Total Program Service Revenue | $8,727 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,450 |
| Other Revenue | $0 |
| Total Revenue | $79,521 |
| 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 | $42,294 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $11,924 |
| Other expenses | $43,888 |
| Total expenses | $111,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,418 |
| Other assets | $0 |
| Total assets | $32,783 |
| Total liabilities | $26,001 |
| Net assets or fund balances | $6,782 |