Mgba Incorporated EIN 43-2111568 Form 990 (PDF) Claim this org

Mgba Incorporated

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Enables underserved youth to play baseball, offering coaching, mentoring, tutoring, and scholarships. For fiscal year 2024 it reported $656K in revenue, $854K in expenses, and $-39K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Mableton, GA
Website
www.mgba.org
Filings
5 on file (2020–2024)
Revenue
$656KFY2024
Expenses
$854K
Net assets
$-39K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  43-2111568 Public charity (501(c)(3)) Mableton, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Enables underserved youth to play baseball, offering coaching, mentoring, tutoring, and scholarships.
Leadership
Marquis Grissom · President
Money in and out
$656K revenue, $854K expenses
Bottom line
79% program efficiency
Where the money goes · FY2024
Total revenue
$656K
Pt VIII · Ln 12
Total expenses
$854K
Pt IX · Ln 25
Net assets
$-39K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$198K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.08 Fundraising $0.13
Program efficiency
79%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate▼ -72% vs prior filing year
Surplus margin
-30%
revenue over expenses, this year▲ +13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$656K
FY2024-0.08%
Expenses
$854K
FY2024▼ -3%
Total assets
$99K
FY2024▼ -67%
Total liabilities
$138K
FY20240%
Total revenue
$656K
Pt VIII · Ln 12
Total expenses
$854K
Pt IX · Ln 25
Net assets
$-39K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$198K
Total assetsPt X · Ln 16$99K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $675K of program spending, described in the organization's own filed words · FY2024.
01

Youth Travel Baseball Teams, Coaching, Mentoring, Tutorial Services and scholarship assistance.

$675Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMgba Incorporated
EINHdr · item D43-2111568
Principal addressHdr · item CMableton, GA
WebsiteHdr · item Jwww.mgba.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N63)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$340K · 52%
Contributions & grants$313K · 48%
Program service revenue$4K · 1%
Other revenue52%$340K
Contributions & grants48%$313K
Program service revenue1%$4K
Total revenueLn 12$656K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.08 Fundraising $0.13
Program services79%$675K
Management & general8%$68K
Fundraising13%$111K
Total functional expensesLn 25$854K

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$99K
Total liabilitiesLn 26$138K
Total net assetsLn 32$-39K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses/yr $854K
1.0 months
Where the money goes
Program services
Program services $675K · Total expenses $854K
79%
Management & General
Management & general $68K · Total expenses $854K
8%
Fundraising
Fundraising $111K · Total expenses $854K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $96K · Solicited contributions (3-yr avg) $525K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $313K · Total revenue $656K
48%
Government reliance
Government grants — · Total revenue $656K
Earned-income share
Program service revenue $4K · Total revenue $656K
0.6%
Investment reliance
Investment income $0 · Total revenue $656K
0%
Program self-sufficiency
Program service revenue $4K · Total expenses $854K
0.5%
Growth & trend
Revenue growth (YoY)
This year $656K · Prior year $657K
-0.08%
Revenue CAGR
FY2020 $219K · FY2024 $656K
+32%
Net-asset trend (YoY)
End of year $-39K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $656K · Expenses $854K
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $99K
Net-asset ratio
Net assets $-39K · Total assets $99K
-40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $99K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marquis Grissom · Reported title President · Highest reported compensation $0 · Total expenses $854K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $854K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 8%
Fundraising cost ratio 35%
Revenue growth -0.08%
Legal fee ratio 0.2%
Accounting fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$385K
See all 3 funders →
Grants paid · 7 grants · $36K · 2024–2024
University of MissouriFY2024$5,000
North Carolina A&t StateFY2024$5,000
Hampton UniversityFY2024$5,000
Greensboro College INCNC · FY2024$5,000
Eckerd CollegeFL · FY2024$5,000
Georgia Southern UniversityFY2024$1,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$656K revenue · viewing · ⤓ 990 PDF
FY2023$657K revenue · ⤓ 990 PDF
FY2022$806K revenue · ⤓ 990 PDF
FY2021$509K revenue · ⤓ 990 PDF
FY2020$219K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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