Mahogany Revue Research & Development Center Inc is located in Ocala, FL. The organization was established in 1999. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mahogany Revue Research & Development Center 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 09/2024, Mahogany Revue Research & Development Center Inc generated $175.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.6% each year . All expenses for the organization totaled $99.3k during the year ending 09/2024. While expenses have increased by 45.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
COUNSELING - PROVIDES 350 CLIENTS; PREVENTION THROUGH STREET OUTREACH - 27,700; TRAINING CLASSES 350
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr-Candace-Lewis -Shashikarshe CEO | 40 | $25,000 | |
Diane Mcelveen President | 3 | $0 | |
Eugina Lewis V President | 3 | $0 | |
Frank Johnson Secretary | 4 | $0 | |
Cassandra Grimsley Treasurer | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,000 |
| Total Program Service Revenue | $120,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,500 |
| Professional fees and other payments to independent contractors | $32,890 |
| Occupancy, rent, utilities, and maintenance | $15,600 |
| Printing, publications, postage, and shipping | $2,580 |
| Other expenses | $2,680 |
| Total expenses | $99,250 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,246 |
| Other assets | $0 |
| Total assets | $122,246 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,246 |