MULTI-ETHNIC BUSINESS ASSOCIATION Charity Report

Public IRS 990 nonprofit record

MULTI-ETHNIC BUSINESS ASSOCIATION

EIN 84-4858996 · Economic Development (S30)

What they do

Our Mission is to Educate, Advocate, and Support Multi-ethnic Businesses In Eastern Washington.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

53.33%of revenue went to mission work94.0% of expenses · Program services

$56.72spent for every $100 of revenueRevenue covered expenses this year.

3.39%of revenue went to management and office costs6.0% of expenses

$1.20in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $95,981 for MARVIN REGUINDIN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,486,668

Mission workProgram services$792,88653.33% of revenue94.0% of expenses

ManagementOffice and general costs$50,3833.39% of revenue6.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$843,26956.72% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202494.0% mission

202399.7% mission

202295.1% mission

202190.0% mission

Money in and money out

Revenue$1,486,668

Expenses$843,269

Annual surplus $643,399 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$792,886 · 94.0% of expenses

Management and office costs$50,383 · 6.0% of expenses

See all reported dollar amounts

Revenue$1,486,668

Expenses$843,269

Assets$1,012,406

Income$1,486,668

Contributions$1,485,991

Mission work (program services)$792,886

Grants given$1,672,555

Average grant$11,779

Management and general$50,383

Accounting fees$1,871

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARVIN REGUINDINEXECUTIVE DIRECTOR · 40 hrs/week $95,981

SANYA ALADIRECTOR OF GOV AFFAIRS · 40 hrs/week $95,981

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

MARVIN REGUINDINEXECUTIVE DIRECTOR

SANYA ALADIRECTOR OF GOV AFFAIRS

DEVIKA GATESSECRETARY

FRANCIS ADEWALEPRESIDENT

KERRA BOWERDIRECTOR

MICHAEL SPENCERVICE PRESIDENT

RAYMOND REYESDIRECTOR

ROBIN KELLYTREASURER

RONNY OLIVERDIRECTOR

About this charity

Recognized since: January 2022
Location: 327 E Pacific Ave, Spokane, WA 99202
County: Spokane
In care of: Francis Adewale
Primary officer: Francis Adewale, President

How to reach them

WebsiteVisit the charity’s website Phone(509) 838-1881

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JASMIN GROUP LLC
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development
Grant-giving organization: Yes