Merrimack Valley Black & Brown Voices Inc is located in Andover, MA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrimack Valley Black & Brown Voices 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, Merrimack Valley Black & Brown Voices Inc generated $40.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $44.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (26.0%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED RETAIL STORE GIFT CARDS TO 100 FAMILIES LIVING IN THE MERRIMACK VALLEY IN FINANCIAL NEED DURING THE THANKSGIVING AND CHRISTMAS HOLIDAY SEASONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Walthergrant Executive Director | 13 | $17,625 | |
Mayara Reis Board Member | 0.2 | $0 | |
Bria Gadsden Board Member | 0.2 | $0 | |
Elizabeth Buckley Board Member | 0.2 | $0 | |
Gabrielle Womack Board Member | 0.2 | $0 | |
Bridget Georke Board Member | 0.2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,792 |
Total Program Service Revenue | $88 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,880 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,356 |
Professional fees and other payments to independent contractors | $380 |
Occupancy, rent, utilities, and maintenance | $5,653 |
Printing, publications, postage, and shipping | $212 |
Other expenses | $17,830 |
Total expenses | $44,431 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,990 |
Other assets | $0 |
Total assets | $9,990 |
Total liabilities | $0 |
Net assets or fund balances | $9,990 |