Civic Intelligence

Multicultural Career Intern Program

990 • Fiscal year 2023 • EIN 52-1263933

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 13, 2024

3101 16th Street NWWashington, DC 20010

(202) 939-7700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.28x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.16x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

35th percentile

-1.8%

Higher net margin than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$183,758

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

59th percentile

8.2%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,419,242

Up $107,553 (+8.2%) from 2022

Net Assets

Down

$1,025,923

Down $12,157 (-1.2%) from 2022

Liabilities

Up

$393,319

Up $119,710 (+44%) from 2022

Revenue

Down

$2,415,359

Down $316,397 (-12%) from 2022

Expenses

Up

$2,457,748

Up $329,617 (+15%) from 2022

Net Income

Down

-$42,389

Down $646,014 (-107%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,387,297Liabilities 2011: $333,143Net Assets 2011: $1,054,1542011Assets 2012: $1,105,635Liabilities 2012: $312,710Net Assets 2012: $792,9252012Assets 2013: $1,068,044Liabilities 2013: $485,159Net Assets 2013: $582,8852013Assets 2014: $1,430,385Liabilities 2014: $705,253Net Assets 2014: $725,1322014Assets 2015: $1,154,325Liabilities 2015: $525,399Net Assets 2015: $628,9262015Assets 2016: $1,063,886Liabilities 2016: $618,732Net Assets 2016: $445,1542016Assets 2017: $881,392Liabilities 2017: $183,953Net Assets 2017: $697,4392017Assets 2018: $799,749Liabilities 2018: $136,833Net Assets 2018: $662,9162018Assets 2019: $628,300Liabilities 2019: $161,163Net Assets 2019: $467,1372019Assets 2020: $736,761Liabilities 2020: $420,403Net Assets 2020: $316,3582020Assets 2021: $700,796Liabilities 2021: $196,400Net Assets 2021: $504,3962021Assets 2022: $1,311,689Liabilities 2022: $273,609Net Assets 2022: $1,038,0802022Assets 2023: $1,419,242Liabilities 2023: $393,319Net Assets 2023: $1,025,9232023Assets 2024: $1,331,611Liabilities 2024: $283,311Net Assets 2024: $1,048,3002024

Highlighted filing

2023

Assets$1,419,242
Liabilities$393,319
Net Assets$1,025,923

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,426,106Expenses 2011: $1,734,033Net Income 2011: -$307,9272011Revenue 2012: $1,331,395Expenses 2012: $1,592,624Net Income 2012: -$261,2292012Expenses 2013: $2,173,6762013Revenue 2014: $2,255,515Expenses 2014: $2,113,268Net Income 2014: $142,2472014Revenue 2015: $2,008,079Expenses 2015: $2,104,285Net Income 2015: -$96,2062015Revenue 2016: $2,458,834Expenses 2016: $2,642,606Net Income 2016: -$183,7722016Revenue 2017: $3,333,092Expenses 2017: $3,080,807Net Income 2017: $252,2852017Revenue 2018: $2,316,825Expenses 2018: $2,358,972Net Income 2018: -$42,1472018Revenue 2019: $2,188,229Expenses 2019: $2,396,944Net Income 2019: -$208,7152019Revenue 2020: $1,959,435Expenses 2020: $2,101,189Net Income 2020: -$141,7542020Revenue 2021: $2,159,035Expenses 2021: $2,011,032Net Income 2021: $148,0032021Revenue 2022: $2,731,756Expenses 2022: $2,128,131Net Income 2022: $603,6252022Revenue 2023: $2,415,359Expenses 2023: $2,457,748Net Income 2023: -$42,3892023Revenue 2024: $2,878,900Expenses 2024: $2,939,029Net Income 2024: -$60,1292024

Highlighted filing

2023

Revenue$2,415,359
Expenses$2,457,748
Net Income-$42,389
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 13, 2024
Return Version
2022v5.0
Gross Receipts
$2,415,359
Mission and Program Overview

Mission

The mission of mcip and its public school affiliate, chec, is to strive to become a model professional learning community that respects and responds to the diverse needs of our underserved students by preparing them for the acasemic rigors of college and as leaders in the quest for social justice. A professional learning community is a collaborative academic environment in which the administrative staff and teachers in a school continuously seek and share learning and then act on what they learn. The goal is to enhance their effectiveness as professionals to benefit student education. The results of this research-based approach is that students experience decreased dropout rate and fewer classes "skipped", lower rates of absenteeism, increased learning that is distributed more equitably in a smaller sized school, greater academic gains than in traditional schools, and smaller achievement gaps between students from different backgrounds.

To strive to become a model professional learning community that respects and responds to the diverse needs of under-served students by preparing them for the academic rigors of college and as leaders in the quest for social justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$411,619$585,987▲ $174,368
Investments in Publicly Traded Securities$345,126$425,759▲ $80,633
Cash and Non-Interest-Bearing Accounts$535,586$394,534▼ $141,052
Land, Buildings, and Equipment, Net$11,438$7,252▼ $4,186
Prepaid Expenses and Deferred Charges$7,920$5,710▼ $2,210
Total Assets$1,311,689$1,419,242▲ $107,553
Liabilities
Accounts Payable and Accrued Expenses$220,609$309,819▲ $89,210
Other Liabilities$53,000$83,500▲ $30,500
Total Liabilities$273,609$393,319▲ $119,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,038,080$975,923▼ $62,157
Net Assets With Donor Restrictions$0$50,000▲ $50,000
Total Net Assets Fund Balance$1,038,080$1,025,923▼ $12,157
Total Liabilities and Net Assets / Fund Balance$1,311,689$1,419,242▲ $107,553

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,252$5,307$12,559
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kapindi KromaExecutive DirectorFT$183,758$183,758

Board Members and Trustees

NameTitle
Martha HamiltonChair
Rosalyn Overstreet GonzalezVice Chair
Maria TukevaExecutive Director Emeritus
Gerardo Martinez FreyssinierMember-at-large
John a ZemkoMember-at-large
Menbere AssefaMember-at-large
Sheryl FrankMember-at-large
Ruth Latoison-ifillParent Member
Lisa CorchadoParent Representative
Marilyn Nevy CruzSecretary
Kyando BaylorStudent Rep
Joe L OppenheimerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,352,645
Program Service Revenue
$49,644
Investment Income
$10,830
Other Revenue
$2,240
All Other Contributions
$824,681
Change in Net Assets
$-42,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,415,359
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,077
Total Revenue per Audited Statements
$2,445,436
Total Revenue per Form 990
$2,415,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,194,391
Salaries, Compensation, and Employee Benefits$1,183,357
Grants and Similar Amounts Paid$80,000
Total Fundraising Expense$76,738
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$821,581--$821,581
Fees for Services Other$589,899$36,892$5,433$632,224
Office Expenses$40,961$164,532$14,914$220,407
Current Officers, Directors, Trustees, and Key Employees$163,889$19,869-$183,758
Other Employee Benefits-$96,916-$96,916
Payroll Taxes$79,341$1,761-$81,102
Grants to Domestic Individuals$80,000--$80,000
Fees for Services Accounting$28,748$24,165-$52,913
Conferences and Meetings$99$31,025-$31,124
Insurance-$29,266-$29,266
Other Expenses$24,580$500$56,269$25,080
Advertising$3,960$14,868-$18,828
All Other Expenses-$14,023$122$14,145
Travel-$6,263-$6,263
Depreciation Depletion-$4,186-$4,186
Total Functional Expenses$1,926,667$454,343$76,738$2,457,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,457,748
Total Expenses per Audited Statements$2,457,748
Total Expenses per Form 990$2,457,748
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Payable$83,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by management and the treasurer of the board of directors then presented to the entire board of directors prior to filing form 990.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy b. Has read and understands the policy c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

The orgainxation makes available to the public its corporate documents upon written requests.

Filing and Contact Details

Filer

Filer Name
Multicultural Career Intern Program
EIN
52-1263933
Phone
2029397700
Address
3101 16TH STREET NW, WASHINGTON, DC 20010

Signing Officer

Name
Kapindi Kroma
Title
Executive Director
Phone
2029397700
Signed
2024-08-13

Organization Details

Principal Officer
Kapindi Kroma
Formed
1982
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
25
Volunteers
0

Preparer

Firm
Salti & Associates LLC
Address
1310 L STREET NW, WASHINGTON, DC 20005
Preparer
Salti Associates LLC
Phone
2027283312
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll service fees: program service expenses 0. Management and general expenses 6,445. Fundraising expenses 0. Total expenses 6,445. Contract labor: program service expenses 589,899. Management and general expenses 30,447. Fundraising expenses 5,433. Total expenses 625,779.

FORM 990, PART XI, LINE 9:

Depreciation adjustment from book 155.

Financial Statement Notes

PART X, LINE 2:

Mcip complies with the provisions of the fasb accounting standards codification topic accounting for uncertainty in income taxes. For the years ended september 30, 2023 and 2022, no unrecognized tax provision or benefit exists.

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IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt080000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt080000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02415359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt029266
IRS990/InsuranceGrp/TotalAmt029266
IRS990/InvestmentIncomeGrp/ExclusionAmt010830
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010830
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0345126
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0425759
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05307
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011438
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07252
IRS990/LandBldgEquipCostOrOtherBssAmt012559
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF MCIP AND ITS PUBLIC SCHOOL AFFILIATE, CHEC, IS TO STRIVE TO BECOME A MODEL PROFESSIONAL LEARNING COMMUNITY THAT RESPECTS AND RESPONDS TO THE DIVERSE NEEDS OF OUR UNDERSERVED STUDENTS BY PREPARING THEM FOR THE ACASEMIC RIGORS OF COLLEGE AND AS LEADERS IN THE QUEST FOR SOCIAL JUSTICE. A PROFESSIONAL LEARNING COMMUNITY IS A COLLABORATIVE ACADEMIC ENVIRONMENT IN WHICH THE ADMINISTRATIVE STAFF AND TEACHERS IN A SCHOOL CONTINUOUSLY SEEK AND SHARE LEARNING AND THEN ACT ON WHAT THEY LEARN. THE GOAL IS TO ENHANCE THEIR EFFECTIVENESS AS PROFESSIONALS TO BENEFIT STUDENT EDUCATION. THE RESULTS OF THIS RESEARCH-BASED APPROACH IS THAT STUDENTS EXPERIENCE DECREASED DROPOUT RATE AND FEWER CLASSES "SKIPPED", LOWER RATES OF ABSENTEEISM, INCREASED LEARNING THAT IS DISTRIBUTED MORE EQUITABLY IN A SMALLER SIZED SCHOOL, GREATER ACADEMIC GAINS THAN IN TRADITIONAL SCHOOLS, AND SMALLER ACHIEVEMENT GAPS BETWEEN STUDENTS FROM DIFFERENT BACKGROUNDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01038080
IRS990/NetAssetsOrFundBalancesEOYAmt01025923
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030077
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01038080
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0975923
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt014914
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0164532
IRS990/OfficeExpensesGrp/ProgramServicesAmt040961
IRS990/OfficeExpensesGrp/TotalAmt0220407
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0155
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt096916
IRS990/OtherEmployeeBenefitsGrp/TotalAmt096916
IRS990/OtherExpensesGrp/Desc0CHILDREN NURITION
IRS990/OtherExpensesGrp/Desc1GALA
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3STIPENDS
IRS990/OtherExpensesGrp/FundraisingAmt056269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010077
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1500
IRS990/OtherExpensesGrp/ProgramServicesAmt064578
IRS990/OtherExpensesGrp/ProgramServicesAmt129031
IRS990/OtherExpensesGrp/ProgramServicesAmt224580
IRS990/OtherExpensesGrp/TotalAmt064578
IRS990/OtherExpensesGrp/TotalAmt156269
IRS990/OtherExpensesGrp/TotalAmt239108
IRS990/OtherExpensesGrp/TotalAmt325080
IRS990/OtherLiabilitiesGrp/BOYAmt053000
IRS990/OtherLiabilitiesGrp/EOYAmt083500
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02240
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02240
IRS990/OtherRevenueTotalAmt02240
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0821581
IRS990/OtherSalariesAndWagesGrp/TotalAmt0821581
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01761
IRS990/PayrollTaxesGrp/ProgramServicesAmt079341
IRS990/PayrollTaxesGrp/TotalAmt081102
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0411619
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0585987
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07920
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05710
IRS990/PrincipalOfficerNm0KAPINDI KROMA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0DAYCARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049644
IRS990/ProgSrvcAccomActy2Grp/Desc0AFTER SCHOOL "BEYOND THE BELLS" PROGRAMTHE "BEYOND THE BELLS" PROGRAM HELPS EACH STUDENT REACH THEIR FULL POTENTIAL THROUGH DAILY INDIVIDUALIZED AND SMALL GROUP TUTORING SESSIONS, SELF-PACED COMPUTER-BASED INSTRUCTION, WRITING LABS, AND ACCESS TO A HOMEWORK CENTER. STUDENTS RECEIVE INSTRUCTION IN SUBJECTS SUCH AS ALGEBRA, TRIGONOMETRY, GEOMETRY, SAT PREPARATION, AND AP COURSES. THE PROGRAM ALSO INCLUDES ARTS, MUSIC, DANCE, AND THEATER ACTIVITIES THAT EXTEND LEARNING BEYOND THE CLASSROOM. TEACHERS FOCUS ON DEVELOPING STUDENTS' INTERPERSONAL COMMUNICATION AND LEADERSHIP SKILLS. THE STATE-OF-THE-ART GYMNASIUM REMAINS ACTIVE LATE INTO THE NIGHT, HOSTING A VARIETY OF SPORTING EVENTS AND FOSTERING A SENSE OF COMMUNITY AND SCHOOL SPIRIT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0385256
IRS990/ProgSrvcAccomActy3Grp/Desc0HIGH IMPACT TUTORINGMCIP'S HIGH IMPACT TUTORING PROGRAM AIMS TO BRIDGE ACADEMIC GAPS AND ACCELERATE STUDENT LEARNING. THIS PROGRAM PAIRS STUDENTS WITH HIGHLY QUALIFIED TUTORS WHO PROVIDE PERSONALIZED INSTRUCTION IN CORE SUBJECTS. THROUGH FREQUENT AND INTENSIVE SESSIONS, THE PROGRAM FOCUSES ON MASTERING FOUNDATIONAL SKILLS, PREPARING FOR STANDARDIZED TESTS, AND ENHANCING OVERALL ACADEMIC PERFORMANCE. THIS APPROACH HAS LED TO MEASURABLE IMPROVEMENTS IN STUDENT ACHIEVEMENT AND CONFIDENCE, RESULTING IN HIGHER RETENTION AND GRADUATION RATES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0383903
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MENTORING CHECTHE MENTORING CHEC PROGRAM CONNECTS STUDENTS WITH DEDICATED MENTORS WHO PROVIDE GUIDANCE THROUGH ACADEMIC AND PERSONAL CHALLENGES. THESE MENTORS, OFTEN PROFESSIONALS FROM VARIOUS FIELDS, OFFER ONE-ON-ONE SUPPORT, CAREER ADVICE, AND LIFE COACHING. THE PROGRAM BUILDS RESILIENCE, FOSTERS SELF-ESTEEM, AND CULTIVATES LEADERSHIP SKILLS, ENSURING STUDENTS ARE WELL-PREPARED FOR POST-SECONDARY EDUCATION AND FUTURE CAREERS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1PREVENTION, DIVERSION, AND INTERVENTIONMCIP'S YEAR-ROUND PREVENTION, DIVERSION, AND INTERVENTION PROGRAM ADDRESSES NEGATIVE BEHAVIOR BY PROVIDING AT-RISK STUDENTS WITH COMPREHENSIVE SUPPORT. THIS INCLUDES BEFORE, DURING, AND AFTER-SCHOOL LEADERSHIP AND TEAM-BUILDING STRATEGIES, OUTREACH SUPPORT, ACADEMIC AND CAREER MENTORING, STREET LAW EDUCATION, MALE RESPONSIBILITY INSTRUCTION, CONFLICT RESOLUTION EDUCATION, AND SUBSTANCE ABUSE PREVENTION. THE PROGRAM EMPHASIZES ADVANCEMENT THROUGH POSITIVE REINFORCEMENT, HELPING STUDENTS DEVELOP THE SKILLS AND MINDSET NEEDED TO OVERCOME CHALLENGES AND SUCCEED.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt049958
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1195737
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt080000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02670376
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt081825
IRS990/PYInvestmentIncomeAmt07875
IRS990/PYOtherExpensesAmt0843285
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt053505
IRS990/PYRevenuesLessExpensesAmt0603625
IRS990/PYSalariesCompEmpBnftPaidAmt01203021
IRS990/PYTotalExpensesAmt02128131
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02731756
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-42389
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt049644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02352645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02670376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02148097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01753375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01628288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010552781
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010830
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07875
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07231
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038351
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt049644
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99280
IRS990ScheduleA/PublicSupportPY170Pct00.99660
IRS990ScheduleA/PublicSupportTotal170Amt010514604
IRS990ScheduleA/SubstantialContributorsTotAmt038177
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02352645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02670376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02148097
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01753375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01628288
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010552781
IRS990ScheduleA/TotalSupportAmt010591132
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02457748
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt030077
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07252
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05307
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012559
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt083500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIPS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt030077
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02415359
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MCIP COMPLIES WITH THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07252
IRS990ScheduleD/TotalExpensesPerForm990Amt02457748
IRS990ScheduleD/TotalLiabilityAmt083500
IRS990ScheduleD/TotalRevenuePerForm990Amt02415359
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02445436
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02457748
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt080000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt038
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MCIP ALLOWS ONE YEAR TO CLAIM THE FULL SCHOLARSHIP AWARDED. THE SCHOLARSHIPS ARE ONLY GIVEN WHEN A REQUEST IS MADE FOR REMITTANCE TO THE RESPECTIVE SCHOOL ON BEHALF OF THE STUDENT. SCHOLARSHIP AWARD BALANCES ARE REVIEWED MONTHLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0183758
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.28$1.05$2.88$2.94$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.39$1.03$2.42$2.46$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.27$1.04$2.73$2.13$0.60
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.20$0.50$2.16$2.01$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.42$0.32$1.96$2.10$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.16$0.47$2.19$2.40$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.14$0.66$2.32$2.36$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.18$0.70$3.33$3.08$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.62$0.45$2.46$2.64$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.53$0.63$2.01$2.10$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.71$0.73$2.26$2.11$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.49$0.58$2.17
2012Summary only. Only limited summary data is available for this year.$1.11$0.31$0.79$1.33$1.59$0.26
2011Summary only. Only limited summary data is available for this year.$1.39$0.33$1.05$1.43$1.73$0.31