Myanmar Development Foundation Inc
- Assets
- $2.5k
- Revenue
- $9.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- Data as of
- 01/2024
- EIN
- 86-2121456
Organization Overview
Myanmar Development Foundation Inc is located in Flushing, NY. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myanmar Development 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 01/2024, Myanmar Development Foundation Inc generated $9.0k 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 (69.7%) each year. All expenses for the organization totaled $10.2k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (67.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING KNOWLEDGE TRAINING AND PROPER EDUCATIONAL GUIDANCE - SUCH AS VOCATIONAL TRAININGS, IT, AND ETHICAL DEVELOPMENT. PROVIDING FOODS, EDUCATION MATERIALS, AND MEDICAL AIDS FOR THOSE WHO ARE IN NEED. HELPING PEOPLE AND COMMUNITY REDEVELOPMENT BECAUSE OF HUMANITARIAN CRISES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY MEDICAL SUPPLIES FOR REFUGEE CAMPS, PUBLIC CLINICS, AND HOSPITALS: MYANMAR DEVELOPMENT FOUNDATION SHIPPED MEDICAL SUPPLIES TO THE REFUGEE CAMPS IN MYANMAR. MYANMDAR DEVELOPMENT FOUNDATION COLLABORATED WITH VARIOUS MEDICAL TEAMS FROM THE REGION TO MITIGATE THE OVERWHELMING HEALTHCARE CRISIS AND SAVED THE LIVES OF COVID PATIENTS. BECUASE OF MEDICINES, FOODS, MULTIVITAMINES, WATER, SHELTERS, AND OTHER SUPPLIES TO EASE HUMANITARIAN CRISIS IN MYANMAR. THE VOLUNTEER TEAM ON THE GROUND COOKES AND PROVIDED MEALS AND FOODS FOR THE HUNDREDS OF INTERNAL DISPLACED PEOPLE WHO FLED FROM THEIR HOME BECAUSE BURMA ARMY ATTACKED THEIR VILLAGES IN KACHIN AND KAYAH STATES OF MYANMAR.
DONATION MADE TO DOMESTIC ORGANIZATION "HELPING HANDS FOR BURMA" DONATION MADE TO DOMESTIC ORGANIZATION "GLOBAL FUNDS FOR BURMA" DONATION MADE TO DOMESTIC ORGANIZATION "ASSOCIATION FOR MYANMAR CONTEMPORARY ART"
CREATED A SUSTAINABLE DEVELOPMENT MODEL TO HELP WOMEN AND MINORITIES: BECAUSE OF THE ECONOMY COLLAPSE AND JOB LOST, WOMEN AND MINORITIES IN MYANMAR ARE STRUGGLING UNABLE TO SUPPORT THEMSELVES. WE STARTED WITH A SMALL PROJECT BY HELPING LOCAL FARMERS TO ABLE TO SELL LOCALLY GROWN PRODUCES BACK TO THE COMMUNITY. WE ENCOURAGE LOCAL ARTISANS, FARMERS TO CREATE HANDMADE PRODUCTS. WE HELP THEM PROMOTING THEIR PRODUCTS IN UNITED STATES THROUGHT SOCIAL MEDIA, WEB SITE HTTPS://SHOP.MYANMARDF.ORG/, AND COMMUNITY FAIRS.
EDUCATIONAL PROJECTS: MYANMAR DEVELOPMENT FOUNDATION SENT EDUCATIONAL MATERIALS AND EQUIPMENTS FOR CHILDREN AND YOUTHS IN MYANMAR. WHILE STUDENTS IN SCHOOLS AND UNIVERSITIES FROM MYANMAR WERE UNABLE TO ATTEND THE CLASSES DUE TO MILITARY COUP, MYANMAR DEVELOPMENT FOUNDATION LAUNCHED AN ONLINE LEARNING WEB SITE HTTPS://ELEARNING.MYANMARDF.ORG/ TO PROVIDE KNOWLEDGE TRAINING AND PROPER EDUCATIONAL GUIDANCE. ONLINE VOCATIONAL TRAINING PROGRAM IS PROVIDING ESSENTIAL KNOWLEDGE AND CAREER PATH FOR THOSE WHO ARE IN MYANMAR AND IMMIGRANTS IN OVERSEA COUNTRIES AS A WHOLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Thant President | Officer | 0.5 | $0 |
Khin Padauk Win Secretary/treasurer | Officer | 0 | $0 |
Aye Aye Khine CFO | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,976 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,976 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,393 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $187 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,452 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,452 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,452 |