Civic Intelligence

MV3 Foundation

990EZ • Fiscal year 2023 • EIN 85-2481994

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 09, 2024

Organization Profilewww.mv3foundation.org
5100 Parque Vista WayCarmichael, CA 95608

(916) 215-2616

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

Higher debt load relative to assets than 68% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.00x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

79%

Higher net margin than 89% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE B80 • <$500k nonprofits • Source year 2023

Asset Growth

89th percentile

110%

Faster asset growth than 89% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

19%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • NTEE B80 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$197,264

Up $103,302 (+110%) from 2022

Net Assets

Up

$197,154

Up $103,301 (+110%) from 2022

Liabilities

Up

$110

Up $1 (+0.9%) from 2022

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin89th percentile

Revenue

Up

$131,075

Up $21,069 (+19%) from 2022

Expenses

Up

$27,774

Up $14,345 (+107%) from 2022

Net Income

Up

$103,301

Up $6,724 (+7.0%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$600K$400K$200K$0Assets 2022: $93,962Liabilities 2022: $109Net Assets 2022: $93,8532022Assets 2023: $197,264Liabilities 2023: $110Net Assets 2023: $197,1542023Assets 2024: $505,388Liabilities 2024: $0Net Assets 2024: $505,3882024

Highlighted filing

2023

Assets$197,264
Liabilities$110
Net Assets$197,154
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

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

$400K$300K$200K$100K$0Revenue 2022: $110,006Expenses 2022: $13,429Net Income 2022: $96,5772022Revenue 2023: $131,075Expenses 2023: $27,774Net Income 2023: $103,3012023Revenue 2024: $380,055Expenses 2024: $71,821Net Income 2024: $308,2342024

Highlighted filing

2023

Revenue$131,075
Expenses$27,774
Net Income$103,301
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 9, 2024
Return Version
2023v5.1
Gross Receipts
$131,075
Mission and Program Overview

Mission

Build and empower a community of Black undergraduate scholars across the US who will positively impact the future of health and biomedical sciences through our 3 Pillars: Education, Service and Advocacy.

Program Services

DescriptionGrantsExpenses
To support Black undergraduate students interested in health and biomedical sciences with the tools and supportive community needed to empower scholars to positively impact their communities.-$26,124
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ashley KyalwaziExecutive Director-$0--
Stephanie HeywardFinance Director-$0--
Leonard NetteyCOO-$0--
Best UcheharaProfessional De-$0--
Isaiah Holloway JrProgram Directo-$0--
Tola IbikunleAdmin Director-$0--
Filing and Contact Details

Filer

Filer Name
MV3 Foundation
EIN
85-2481994
Phone
9162152616
Address
5100 Parque Vista Way, Carmichael, CA 95608

Signing Officer

Name
Stephanie Heyward
Title
Finance Director
Signed
2024-09-09
Discuss with paid preparer
Yes

Preparer

Firm
Elder Accountancy
Address
800 HOWE STE 160, SACRAMENTO, CA 95825
Preparer
Michelle R Elder CPA
Phone
9169728297
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $397”

Other Expenses.1002

“Office Expenses $10592”

Other Expenses.1005

“Travel $3411”

Other Expenses.1007

“Conferences, Conventions, and Meetings $8625”

Other Assets.1005

“Accounts Receivable - Beginning $9 Accounts Receivable - Ending $9”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $161 Prepaid Expenses and Deferred Charges - Ending $250”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $109 Accounts Payable and Accrued Expenses - Ending $110”

Raw XML Appendix155 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Best Uchehara
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Isaiah Holloway Jr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tola Ibikunle
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Finance Dir
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Admin Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0170
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0259
IRS990EZ/OtherExpensesTotalAmt023025
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0741
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To support Black undergraduate students interested in health and biomedical sciences with the tools and supportive community needed to empower scholars to positively impact their communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt026124
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02358
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0131075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110006
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0241085
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0241085
IRS990ScheduleA/TotalSupportAmt0241085
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $10592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $3411
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Receivable - Beginning $9 Accounts Receivable - Ending $9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Stephanie Heyward
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Finance Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MV3 Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MV3F
ReturnHeader/Filer/EIN0852481994
ReturnHeader/Filer/PhoneNum09162152616
ReturnHeader/Filer/USAddress/AddressLine1Txt05100 Parque Vista Way
ReturnHeader/Filer/USAddress/CityNm0Carmichael
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200563159
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SACRAMENTO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095825
ReturnHeader/PreparerPersonGrp/PhoneNum09169728297
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michelle R Elder CPA
ReturnHeader/ReturnTs02024-09-09T11:07:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$197,264
Liabilities
$110
Net assets
$197,154
Revenue
$131,075
Expenses
$27,774
Net income
$103,301
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$3.80$0.72$3.08
2023Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$1.31$0.28$1.03
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.10$0.13$0.97