Missions & Training For Service Inc
- Assets
- $1.1m
- Revenue
- $56.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Montgomery, TX
- Founding
- 09/1985
- Data as of
- 12/2023
- EIN
- 72-1023590
Organization Overview
Missions & Training For Service Inc is located in Montgomery, TX. The organization was established in 1985. According to its NTEE Classification (J22) the organization is classified as: Job Training, 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. Missions & Training For Service 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 12/2023, Missions & Training For Service Inc generated $56.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Missions & Training For Service Inc has awarded 55 individual grants totaling $712,873. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raelon H Morris Secretary | 1 | $0 | |
Kyle J Morris Director | 1 | $0 | |
Morton L Morris President | 2 | $0 | |
Silas Odel Morris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $549 |
| Interest on Savings | $34 |
| Dividends & Interest | $26,491 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,989 |
| Capital Gain Net Income | $28,989 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,063 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,771 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $835 |
| Total operating and administrative expenses | $3,506 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $43,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,691 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $777 |
| Total assets | $1,051,851 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Missions & Training For Service Inc has awarded $40,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH BATON ROUGE CHURCH PURPOSE: CHARITY | $10,000 |
FOUR LAKES CHURCH OF CHRIST PURPOSE: CHARITY | $15,000 |
CHURCH OF CHRIST-CONROE PURPOSE: CHARITY | $15,000 |