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Nonprofiteer
← MAYFIELD ENTREPRENEURIAL CENTER

Form 990 for tax year 2024

Filed by MAYFIELD ENTREPRENEURIAL CENTER.

Totals

Total revenue
$1,069,999
Total expenses
$0
Contributions and grants received
$1,045,670
Grants paid
$0
Program service revenue
$0
Investment income
$24,329
Other revenue
$0
Total assets, end of year
$1,070,184
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,070,184
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,045,660

  • 1f · All other contributions, gifts and grants

    $10

  • 3 · Investment income

    total $24,329 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $185 · end of year $679,020

  • 10a · Land, buildings and equipment: cost or other basis

    $391,164

  • 10c · Land, buildings and equipment, net

    end of year $391,164

  • 27 · Net assets without donor restrictions

    beginning of year $185 · end of year $1,070,184

Mission and programs · 2024

Mission

PROVIDE LOCAL ENTREPRENEURIAL FIRMS AND START-UP FIRMS WITH SERVICES AND SUPPORT TO IMPROVE THE CHANCE OF SUCCESS FOR NEW BUSINESSES IN BOLLINGER COUNTY AND VICINITY. PROMOTE ECONOMIC JOB GROWTH, SUPPORT COMMUNITY GOALS.

  • THE CENTER IS WORKING ON CONSTRUCTION IMPROVEMENTS TO SUPPORT LOCAL ENTREPRENEURIAL FIRS AND START-UP FIRMS WITH SERVICES AND SUPPORT TO IMPROVE CHANCES OF SUCCESS. THE IMPROVEMENTS WILL INCLUDE SHARED WORKSPACES, SMALL OFFICES, CONFERENCE ROOMS, AND COMMUNICATION/TECHNICAL INFRASTRUCTURE TO ASSIST THE FIRMS IN MEETING THEIR OBJECTIVES.

    Revenue $1,045,670

As filed on the 2024 return.

Listed in Part VII

  • Edward Crowley

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Stan Crader

    SECRETARY

    Total calculated
    $0
    Hours/week
    8

  • Mitzi Rhodes

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • Eva Dunn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • Kevin Cooper

    DIRECTOR

    Total calculated
    $0

  • Jo Burford

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
4 August 2025
IRS schema version
2024v5.2
Source object
202502199349300035

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