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Mexico Mennonite Benefit Auction Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364716465 ✦ Penn yan, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mexico Mennonite Benefit Auction Inc?

Mexico Mennonite Benefit Auction Inc is a nonprofit organization that extends Christian aid to the Old Colony Mennonite community. Their primary mission involves providing support through various programs, such as contributing to the Old Colony Mennonite Community School Fund. By doing so, they aim to positively impact the lives of this specific Mennonite community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Mexico Mennonite Benefit Auction Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. With an overall score of 79%, the organization demonstrates strong governance practices, including a fully independent board and no material diversion of assets. Their document retention and destruction policies are well-defined, contributing to transparency.

The organization excels in programming expenses, with an impressive program expense ratio of 68.90%, suggesting that a significant portion of funds is directed towards their mission-related activities. The liability to assets ratio stands at 0.00%, which indicates that the organization is operating without debt, further reinforcing its financial stability.

While the rating reflects strong organizational attributes, it is important to note that there is room for improvement in certain areas, particularly in enhancing program efficiency to increase the score further. Overall, Mexico Mennonite Benefit Auction Inc appears to be a trustworthy nonprofit with strong accountability measures in place.


This AI summary has been generated from information found on Charity Navigator.

Is Mexico Mennonite Benefit Auction Inc legitimate?

Mexico Mennonite Benefit Auction Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mexico Mennonite Benefit Auction Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mexico Mennonite Benefit Auction Inc?

Mexico Mennonite Benefit Auction Inc is dedicated to offering Christian assistance to the Old Colony Mennonite community. Their mission is accomplished through various initiatives, including contributing to the Old Colony Mennonite Community School Fund. The organization's primary goal is to provide aid and support to this specific Mennonite community, enhancing their lives and well-being. By donating to educational funds and other programs, Mexico Mennonite Benefit Auction Inc aims to uplift and empower this community, promoting a spirit of unity and shared values.

Who is the CEO of Mexico Mennonite Benefit Auction Inc?

Timothy H Fox is the Treasurer of Mexico Mennonite Benefit Auction Inc.

What is the revenue of Mexico Mennonite Benefit Auction Inc?

Mexico Mennonite Benefit Auction Inc's revenue in 2022 was $202,389.

Who are the executives of Mexico Mennonite Benefit Auction Inc and what are their salaries?

There 10 volunteers at Mexico Mennonite Benefit Auction Inc.


Here are 3 key members and their salaries:


Timothy H Fox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahlon Fox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin F Martin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mexico Mennonite Benefit Auction Inc?

Mexico Mennonite Benefit Auction Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mexico Mennonite Benefit Auction Inc

Mexico Mennonite Benefit Auction Inc is an organization dedicated to providing Christian aid to the Old Colony Mennonites. Its mission is accomplished through various programs, with one notable initiative being the donation to the Old Colony Mennonite Community School Fund. By supporting this fund, Mexico Mennonite Benefit Auction Inc is actively contributing to the education of the Old Colony Mennonite community, thereby fostering their overall development and well-being. The organization's efforts aim to uplift and support this specific community, embodying the spirit of Christian aid and compassion.

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Impact




October, 2024

Mexico Mennonite Benefit Auction Inc plays a significant role in enhancing the lives of Old Colony Mennonites by providing essential Christian aid. Through its initiatives, the organization supports educational opportunities by donating to the Old Colony Mennonite Community School Fund, ensuring that children within this community have access to quality education. By focusing on human services, it fosters a sense of community and provides resources that help sustain cultural and religious values among the Old Colony Mennonites. This impact extends beyond immediate assistance, nurturing a supportive environment for future generations to thrive.




This information is meant to be a general summary of Mexico Mennonite Benefit Auction Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$202,389 (2022)
Expenses
$202,658 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $195,624
  • Gross Receipts: $202,389

Assets and Liabilities:

  • Total Assets: $4,245
  • Total Liabilities: $0
  • Net Assets: $4,245

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Auction of Consignment

Revenue

$195,624

Organization Details

Founding Year

2011

Principal Officer

Timothy H Fox

Main Address

2650 State Route 364, Penn Yan, NY, 14527

NTEE Category

Code: P20 - Human services

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