Mbca INC FY2024 filing

Not tax-deductible

Miramar, FL501(c)(6)Since 2015Community DevelopmentEIN 37-1795226Revenue $4.9M in FY2024

On file with the IRSmidsizebanks.com4380 Sw 176th Ave, 33029-5267 · Miramar, FLTax-exempt since Feb 2016

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To educate lawmakers about the financial regulatory measures and policies affecting the ability of mid-size banks to serve their customers, compete fairly and fully in capital markets, and support and contribute to the growth of the nation's economy.

$902K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $831K a year · 26% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$902K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 22.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$137K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
+26% vs prior year
Spent
$3.7M
Net assets
$7.0M
By yearFY2020–FY2025
Revenue
$4.9M
FY2024▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.1M
FY2022$2.6M
FY2023$3.9M
FY2024$4.9M
FY2025$4.8M
Expenses
$3.7M
FY2024▲ +75%
Tap a bar for its year
Expenses by fiscal year
FY2020$818K
FY2021$1.1M
FY2022$1.5M
FY2023$2.1M
FY2024$3.7M
FY2025$4.8M
Net assets
$7.0M
FY2024▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$3.0M
FY2022$4.0M
FY2023$5.8M
FY2024$7.0M
FY2025$7.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990; $902K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary
$770,029Pt VII · Sec A
$131,481Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Past-Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Brent Tjarks’s $779K as Secretary is at the 99th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brent Tjarks$778,875$770,029$675,013$705,811$476,857$403,569
Meagan Henderson$166,569$131,481————
Tammy Silva——$111,641———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves business conditions and promotes common interests for mid-size banks.

Provided by the organization

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2 programs · in their own filed words · FY2024
01

Public Education and Engagement

Focus on educating the public on the vital role of mid-size banks in helping main street businesses, entrepreneurs and their families grow the U.S. Economy. The coalition promotes awareness of the considerable contributions and support mid-size banks provide communities across the U.S., and the benefits those communities derive from the…

Pt IX · col B
02

Research, Policy and Regulatory Analysis

The coalition provides objective, non-partisan research and policy analysis on policy and regulatory issues affecting mid-size banks to the american public, including policymakers and legislators.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Gifts and grantsLn 1h$4.7M
Investment incomeLn 3$161K
Money outPt IX
$3.7M
Ln 25
Owns and owesPt X
$7.0M
net assets · Ln 32
Cash and savingsLn 1–2$6.8M
Total assetsLn 16$7.1M
LiabilitiesLn 26$137K
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.7M
Investment incomeLn 3$161K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$2.9M
SavingsLn 2$3.8M
Cash and savings togetherLn 1–2$6.8M
Total assetsLn 16$7.1M
LiabilitiesLn 26$137K
Net assetsLn 32$7.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.7M$6.8M
Total assetsLn 16$5.8M$7.1M
LiabilitiesLn 26$0$137K
Net assetsLn 32$5.8M$7.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$770K
Other salaries and wagesLn 7$358K
Other employee benefitsLn 9$141K
Payroll taxesLn 10$51K
Management feesLn 11a$264K
Legal feesLn 11b$12K
Accounting feesLn 11c$28K
Lobbying feesLn 11d$150K
Other fees for servicesLn 11g$149K
Advertising and promotionLn 12$505
Office expensesLn 13$38K
TravelLn 17$111K
Conferences, conventions and meetingsLn 19$826K
InterestLn 20$260
Depreciation, depletion and amortizationLn 22$102K
Other expenses (24a–d)Ln 24$662K
Total functional expensesLn 25$3.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.8M$4.8M$20K$7.0M 990 PDF
FY2024 Viewing $4.9M$3.7M$1.2M$7.0M 990 PDF
FY2023 $3.9M$2.1M$1.8M$5.8M 990 PDF
FY2022 $2.6M$1.5M$1.0M$4.0M 990 PDF
FY2021 $1.1M$1.1M−$4K$3.0M 990 PDF
FY2020 $1.8M$818K$982K$3.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $4,852,633 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,850,000$4,691,217
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$161,416
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,850,000$4,852,633
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $982,029$1,319,470
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,109,422$2,343,214
I-18 Total expensesPrior year $2,091,451$3,662,684
I-19 Revenue less expensesPrior year $1,758,549$1,189,949
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $4,852,633 across 5 lines filed
VIII-1b Membership dues$4,585,000
VIII-1f All other contributions, gifts and grants$106,217
VIII-1h Total contributions, gifts and grants$4,691,217
VIII-3 Investment incomeExcluded from tax $161,416$161,416
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $161,416$4,852,633
Part IX · Statement of functional expenses $3,662,684 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$770,029
IX-7 Other salaries and wages$358,155
IX-9 Other employee benefits$140,618
IX-10 Payroll taxes$50,668
IX-11a Management fees$263,987
IX-11b Legal fees$12,342
IX-11c Accounting fees$27,950
IX-11d Lobbying fees$150,000
IX-11g Other fees for services$148,952
IX-12 Advertising and promotion$505
IX-13 Office expenses$38,337
IX-17 Travel$110,890
IX-19 Conferences, conventions and meetings$825,621
IX-20 Interest$260
IX-22 Depreciation, depletion and amortization$102,388
IX-24 Other expenses (24a–d)$661,982
IX-25 Total functional expenses$3,662,684
Part X · Balance sheet $7,133,794 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $5,673,506$2,934,420
X-2 Savings and temporary cash investments$3,841,401
X-14 Intangible assetsStart of year $129,861$357,973
X-16 Total assetsStart of year $5,807,021$7,133,794
X-17 Accounts payable and accrued expenses$136,824
X-26 Total liabilitiesStart of year $0$136,824
X-27 Net assets without donor restrictionsStart of year $5,807,021$6,996,970
X-32 Total net assets or fund balancesStart of year $5,807,021$6,996,970
X-33 Total liabilities and net assetsStart of year $5,807,021$7,133,794
Part XI · Reconciliation of net assets $6,996,970 net assets at year end
XI-1 Total revenue$4,852,633
XI-2 Total expenses$3,662,684
XI-3 Revenue less expenses$1,189,949
XI-4 Net assets at start of year$5,807,021
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,996,970

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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