Mba Challenge For Charity is located in Oakland, CA. The organization was established in 1997. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mba Challenge For Charity 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 10/2023, Mba Challenge For Charity generated $190.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $170.9k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE VOLUNTEERS AND FUNDRAISING FOR LOCAL PUBLIC CHARITIES, PRIMARILY LOCAL SPECIAL OLYMPICS ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3
PROVIDED VOLUNTEERS AND FUND RAISING FOR THE WASHINTON STATE SPECIAL OLYMPICS AND BOYS AND GIRLS CLUB OF KINGS COUNTY FROM THE STUDENTS AND ALUMNI OF THE UNIVERSITY OF WASHINGTON
PROVIDED VOLUNTEERS AND FUND RAISING FOR THE SPECIAL OLYMPICS OF SOUTHERN CALIFORNIA, A BETTER LOS ANGELES, & JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA FROM THE STUDENTS AND ALUMNI OF USC.
PROVIDED VOLUNTEERS AND FUND RAISING FOR THE JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA, PROJECT ECHO, AND SPECIAL OLYMPICS OF SOUTHERN CALIFORNIA FROM THE STUDENTS AND ALUMNI OF UCLA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Sterling CEO | 3 | $0 | |
Trevor Baumgartner Secretary | 3 | $0 | |
Nicolas J Overlack CFO | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $190,047 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $90 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $190,137 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $850 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,104 |
Total expenses | $170,868 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,850 |
Other assets | $0 |
Total assets | $113,850 |
Total liabilities | $0 |
Net assets or fund balances | $113,850 |