Marc Resources Iii Inc
- Assets
- $131.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Macon, GA
- Founding
- 09/1985
- Data as of
- 06/2019
- EIN
- 58-1620758
Organization Overview
Marc Resources Iii Inc is located in Macon, GA. The organization was established in 1985. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Resources Iii 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 06/2019, Marc Resources Iii Inc generated $32.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $31.0k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
HUD SUBSIDIZED HOUSING FOR 4 DEVELOPMENTALLY DISABLED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennafer Pennell President | 0 | $0 | |
Pamela Griggs Vice Preside | 0 | $0 | |
Bryan Tiller Secretary | 0 | $0 | |
Daryl Hayes Treasurer | 0 | $0 | |
Chris Wilson Director | 0 | $0 | |
Sonja Tillman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,610 |
| Total Program Service Revenue | $22,169 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,525 |
| Total Revenue | $32,347 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,077 |
| Professional fees and other payments to independent contractors | $3,619 |
| Occupancy, rent, utilities, and maintenance | $4,108 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,220 |
| Total expenses | $31,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,240 |
| Other assets | $0 |
| Total assets | $131,413 |
| Total liabilities | $72,995 |
| Net assets or fund balances | $58,418 |