Migros Aid Inc
- Assets
- $45.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-2273589
Organization Overview
Migros Aid Inc is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (Q71) the organization is classified as: International Migration & Refugee Issues, 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. Migros Aid 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 12/2021, Migros Aid Inc generated $171.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $122.5k during the year ending 12/2021. While expenses have increased by 12.1% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Vestal President | 50 | $50,000 | |
Dr William Crabtree Chairman Of The Board | 2 | $0 | |
Tom Langebartels Board Member | 2 | $0 | |
Randy Clark Board Member | 2 | $0 | |
Tina Swarens Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,446 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,092 |
| Total Revenue | $171,538 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,204 |
| Professional fees and other payments to independent contractors | $480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,643 |
| Other expenses | $55,142 |
| Total expenses | $122,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,053 |
| Other assets | $0 |
| Total assets | $45,053 |
| Total liabilities | $1,060 |
| Net assets or fund balances | $43,993 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Migros Aid Inc has recieved totaling $30,200.
| Awarding Organization | Amount |
|---|---|
Eula Mae And John Baugh Foundation Jersey Village, TX PURPOSE: OPERATING | $30,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Mercy Inc Fort Wayne, IN | $3,877,561 | $2,237,570 |
Syrian Community Network Inc Chicago, IL | $1,104,861 | $1,500,630 |
Rise International Nfp Winnetka, IL | $333,459 | $788,234 |
Hanan Refugees Relief Group Milwaukee, WI | $231,465 | $486,083 |
Alliance Of Filipinos For Immigrant Rights And Empowerment Chicago, IL | $471,456 | $314,114 |
Migros Aid Inc Indianapolis, IN | $45,053 | $0 |
Hope & Future International Chicago, IL | $156,862 | $0 |
Fenix Ltd South Bend, IN | $251,643 | $0 |
Nikinana Inc La Crosse, WI | $0 | $0 |