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Nonprofit · EIN 56-2274266

MONGOLIAN ASIA REACH INC

Tax-exempt · PISGAH FOREST, NC 28768

Financials

$307K$215K2023$241K$229K2024
Revenue Expenses · by fiscal year end
Financials of MONGOLIAN ASIA REACH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$240,714$229,208$11,506$401,024$2,390$398,634
December 31, 2023990$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.

NameTitleHours / weekCompensation
Theresa R BrowningPresident
Trustee or director, Officer
50$0
Margaret StoneVice President
Trustee or director, Officer
50$0
Randle WeeksBoard member
Trustee or director
1.5$0
Dr Bill Logan JrBoard member
Trustee or director
1.5$0
Dr Nancy JonesBoard member
Trustee or director
1.5$0
Elise SampsonSecretary
Trustee or director, Officer
1.5$0
Emily StoneAdministrator
Key employee
10$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Dr Bill Logan JrBoard member
Trustee or director
1.5$0
Dr Nancy JonesBoard member
Trustee or director
1.5$0
Randle WeeksBoard member
Trustee or director
1.5$0
Elise SampsonSecretary
Trustee or director, Officer
1.5$0
Theresa R BrowningPresident
Trustee or director, Officer
50$0
Margaret StoneVice President
Trustee or director, Officer
50$0
Emily StomeAdministrator
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
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

990 for the year ended December 31, 2024

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 possible
    Expenses $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 service
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$240,714$229,208$401,024XML
990December 2023$306,547$214,693$389,424XML
990December 2022$234,920$212,103$293,052IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 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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