Malaysian Palm Oil Council
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 54-1735924
Organization Overview
Malaysian Palm Oil Council is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. As of 12/2023, Malaysian Palm Oil Council employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malaysian Palm Oil Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Malaysian Palm Oil Council generated $130.0k 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 (20.6%) each year. All expenses for the organization totaled $129.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 6 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 PROMOTE, ADVANCE AND IMPROVE BUSINESS CONDITIONS AND BENEFICIAL RESPONSIBLE USE OF MAYLISAN PALM OIL PRODUCTS IN USA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norhazanita B Husin Officer | Officer | 40 | $50,600 |
Kathigaen Sel Officer | Officer | 40 | $37,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $130,000 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,008 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,102 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,016 |
| Total expenses | $129,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth For Tomorrow Foundation Bristow, VA | $49,245,436 | $5,493,532 |
Virginia Elite Spirit Inc Midlothian, VA | $84,707 | $534,734 |
Bgcmr Qalicb Richmond, VA | $5,783,106 | $69,189 |
Malaysian Palm Oil Council Washington, DC | $0 | $0 |
Fierce Cheer Sponsors Inc Boonsboro, MD | $7,251 | $0 |
Downtown Jaycees Foundation Washington, DC | $328,337 | $32,153 |
Buddies Incorporated Baltimore, MD | $592,614 | $48,556 |
Gold Star Sailing Annapolis, MD | $29,318 | $0 |
Maryland Demolay Foundation Inc Reisterstown, MD | $961,214 | $28,487 |