funder logo

MARC ENDOWMENT INC

MARC ENDOWMENT INC

MIDLAND, TX, US
501(c)(3)
EIN
31-1807636
Regional Funder
funder logo

MARC ENDOWMENT INC

MIDLAND, TX, US
501(c)(3)
EIN
31-1807636
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$158,365

Investments
92%
Other
8%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$306,318

Grants
94%
Other
6%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$62,141
$146,247
+135%
Other
$273,394
$12,118
-96%
Total Revenues
$335,535
$158,365
-53%
Expenses
2023
2024
Change
Grants
$88,363
$289,155
+227%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$6,000
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$2,363
$17,163
+626%
Total Expenses
$96,726
$306,318
+217%
Net income
2023
2024
Change
Net income
+$238,809
-$147,953
-162%
Functional Expenses
Summary
2023
2024
Change
Program
$88,363
$297,518
+237%
Admin
$8,363
$8,800
+5%
Fundraising
$0
$0
-
Total Expenses
$96,726
$306,318
+217%
Income Statement
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