Most Valuable Kids Inc
- Assets
- $466.0k
- Revenue
- $486.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Cincinnati, OH
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 20-2984595
Organization Overview
Most Valuable Kids Inc is located in Cincinnati, OH. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Most Valuable Kids Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Most Valuable Kids Inc generated $486.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $531.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Most Valuable Kids Inc has awarded 173 individual grants totaling $2,072,954. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FURTHER AN APPRECIATION OF SPORTS AND CULTURAL ACTIVITIES FOR UNDERPRIVILEDGED, NEEDY AND LESS FORTUNATE CHILDREN UNDER AGE 18.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SPORTING AND CULTURAL EVENT EXPERIENCES TO KIDS 18 AND UNDER INCLUDING TICKETS, EVENT EXTRAS, SPEAKERS AND FIELD TRIPS/PROGRAMMING FOR 12,204 KIDS/CHAPERONES VALUED AT $365,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tedd Friedman Chairman | Trustee | 1 | $0 |
Debbie Brant Board Member | Trustee | 1 | $0 |
David Ammer Board Member | Trustee | 1 | $0 |
Chrissie Blatt Board Member | Trustee | 0.5 | $0 |
Tom Dillingham Board Member | Trustee | 0.5 | $0 |
Kim Morris Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,598 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,144 |
| Noncash contributions included in lines 1a–1f | $365,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,742 |
| Total Program Service Revenue | $0 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $486,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $365,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,996 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $158 |
| Advertising and promotion | $3,291 |
| Office expenses | $4,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,716 |
| Travel | $3,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,714 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,363 |
| All other expenses | $0 |
| Total functional expenses | $531,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $466,048 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,048 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $466,048 |
| Total liabilities and net assets/fund balances | $466,048 |
Grants Awarded
Over the last fiscal year, Most Valuable Kids Inc has awarded $207,758 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF GREATER CINCINNATI PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $6,505 |
ACTIVITIES BEYOND THE CLASSROOM PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $10,455 |
LINCOLN GRANT SCHOLAR HOUSE PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $46,235 |
CITY GOSPELL MISSION YOUTH PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $37,960 |
SANTA MARIA COMMUNITY SERVICES PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $7,133 |
BEECH ACRES PARENTING CENTER PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $6,978 |