Mike Yancy S Place Inc is located in Marshall, TX. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mike Yancy S Place 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 12/2020, Mike Yancy S Place Inc generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES NEEDINGHELP; INCLUDING BRAIN CANCER PATIENTS TO ACQUIRE MEDICATION AND TRANSPORTATION,SINGLE PARENTS, AND OTHER UNIQUE HARDSHIPS
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$61 |
| Other Revenue | $0 |
| Total Revenue | $18,349 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,135 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $399 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $222 |
| Other expenses | $14,465 |
| Total expenses | $22,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,992 |
| Other assets | $0 |
| Total assets | $4,992 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,992 |