Nonprofit · EIN 56-2274266
MONGOLIAN ASIA REACH INC
Tax-exempt · PISGAH FOREST, NC 28768
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $240,714 | $229,208 | $11,506 | $401,024 | $2,390 | $398,634 |
| December 31, 2023 | 990 | $306,547 | $214,693 | $91,854 | $389,424 | $2,296 | $387,128 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $240,714
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $112,362
- Salaries, compensation and benefits (total)
- $120,958
- Professional fundraising fees
- $0
- Legal fees
- $67
- Accounting fees
- $3,276
- Occupancy
- $89
- Travel
- $8,837
- Program services (functional)
- $180,173
- Management and general (functional)
- $49,035
Balance sheet and other
- Total assets, start of year
- $389,424
- Total assets, end of year
- $401,024
- Total liabilities, end of year
- $2,390
- Net assets, end of year
- $398,634
- Land, buildings and equipment
- $216,093
- Gross receipts
- $240,714
- Employees
- 3
- Volunteers
- 100
- Year formed
- 2001
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Theresa R Browning | President Trustee or director, Officer | 50 | $0 |
| Margaret Stone | Vice President Trustee or director, Officer | 50 | $0 |
| Randle Weeks | Board member Trustee or director | 1.5 | $0 |
| Dr Bill Logan Jr | Board member Trustee or director | 1.5 | $0 |
| Dr Nancy Jones | Board member Trustee or director | 1.5 | $0 |
| Elise Sampson | Secretary Trustee or director, Officer | 1.5 | $0 |
| Emily Stone | Administrator Key employee | 10 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Bill Logan Jr | Board member Trustee or director | 1.5 | $0 |
| Dr Nancy Jones | Board member Trustee or director | 1.5 | $0 |
| Randle Weeks | Board member Trustee or director | 1.5 | $0 |
| Elise Sampson | Secretary Trustee or director, Officer | 1.5 | $0 |
| Theresa R Browning | President Trustee or director, Officer | 50 | $0 |
| Margaret Stone | Vice President Trustee or director, Officer | 50 | $0 |
| Emily Stome | Administrator Key employee | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 198 COX RD, PISGAH FOREST, NC 28768-9629
- In care of
- % EMILY STONE
- Principal officer (990 for 2024)
- Theresa R Browning, 198 Cox Road, Pisgah Forest, NC 28768
- Signed the 990
- EMILY STONE, Administrator
- Phone
- (757) 613-8346
- Website
- mongolianasiareach.com
- Return prepared by
- THE ARK NPS LLC
Mission
Our work is done in Ulaanbaatar, Mongolia. We offer practical help and hope to vulneralbe children in the forms of medical treatment, housing, and education. Our focus is orphaned and abandoned children, children with special needs, and those in impoverished, desperate situations
Program accomplishments
- 1.The Childrens Place is the first of three primary programs we maintain in Mongolia. Our Childrens Place is a home of healing for orphaned and abandoned children. We have 18 children we currently provide care for in a family atmosphere. They are at risk because of their disrupted or lossed family relationships. We have provided on-going care for children since 2003. We do facilitate family restoration and adoption whenever possibleExpenses $100,173
- (2)Reaching the Light Developmental Center - A second program is the Reaching the Light Developmental Center which has taken up the cause of children who have special needs and disabilities. We serve all children with these needs but our target area are families living in remote rural areas in the Mongolian countryside. We train parents, hold educational seminars for healthcare workers, hold screening clinics, and work directly with children providing education and therapy services. Throughout the year we have about 300 to 350 children and health care professionals that we interact with and provide serviceExpenses $60,000
- (3)Happy Days and Bright FutureFinally, we have two mini-programs that serve vulnerable children in after-school settings. Happy Days and Bright Future work with vulnerable children from difficult family settings and who experience academic challenge and/or failure. Our hope is to see these children through, one-on-one tutoring, improve academically and to find our programs a safe, loving environment which they often lack. We desire to work directly with their parents to educate them and to encourage them regarding the needs of their children. In total, we serve about 35-40 children and their parents monthly.Expenses $20,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2274266
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P70)
- Assets (IRS master file)
- $401,024
- Income (IRS master file)
- $240,714
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $240,714 | $229,208 | $401,024 | XML |
| 990 | December 2023 | $306,547 | $214,693 | $389,424 | XML |
| 990 | December 2022 | $234,920 | $212,103 | $293,052 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2274266).
Questions about MONGOLIAN ASIA REACH INC
- What is the EIN of MONGOLIAN ASIA REACH INC?
- The employer identification number (EIN) of MONGOLIAN ASIA REACH INC is 56-2274266.
- Is MONGOLIAN ASIA REACH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to MONGOLIAN ASIA REACH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONGOLIAN ASIA REACH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONGOLIAN ASIA REACH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONGOLIAN ASIA REACH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MONGOLIAN ASIA REACH INC?
- The 990 for the year ended December 31, 2024 names Theresa R Browning.
- Who are the officers and directors of MONGOLIAN ASIA REACH INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does MONGOLIAN ASIA REACH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $240,714, expenses of $229,208 and total assets of $401,024 at year end.
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