Marco Polo World Foundation Inc
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrolton, TX
- Founding
- 10/2009
- Data as of
- 12/2023
- EIN
- 80-0210415
Organization Overview
Marco Polo World Foundation Inc is located in Carrolton, TX. The organization was established in 2009. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marco Polo World Foundation 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, Marco Polo World Foundation Inc generated $154.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $172.1k during the year ending 12/2023. While expenses have increased by 17.6% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
HIGHLIGHT RICH CULTURAL DIVERSITY OF ASIAN AMERICAN AND THEIR CONTRIBUTIONS TO THE ATTRACTIVE LIFE STYLE OFFERED IN NORTH AMERICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Madsen President | 40 | $21,564 | |
Owen Stewart Treasurer | 0 | $0 | |
Larry Jeffus Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,096 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,096 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,668 |
| Professional fees and other payments to independent contractors | $2,063 |
| Occupancy, rent, utilities, and maintenance | $3,500 |
| Printing, publications, postage, and shipping | $283 |
| Other expenses | $135,563 |
| Total expenses | $172,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,060 |
| Other assets | $0 |
| Total assets | $44,214 |
| Total liabilities | $25,325 |
| Net assets or fund balances | $18,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sufficiency Of Scripture Ministries Montgomery, TX | $1,653,372 | $2,600,459 |
Global Intercultural Resources Inc Roswell, NM | $13,314 | $680,000 |
The Albuquerque Council For International Visitors Albuquerque, NM | $357,213 | $489,877 |
Marco Polo World Foundation Inc Carrolton, TX | $44,214 | $0 |
Institute For Global And Domestic Development Hammond, LA | $182,046 | $0 |
San Antonio Council For International Visitors San Antonio, TX | $301,501 | $217,203 |
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Pars Academy Arlington, TX | $41,512 | $0 |
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