Most Valuable Kids Inc
- Assets
- $83.0k
- Revenue
- $398.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 82-1719258
Organization Overview
Most Valuable Kids Inc is located in Atlanta, GA. 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 12/2022, Most Valuable Kids Inc generated $398.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $370.9k during the year ending 12/2022. While expenses have increased by 29.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Most Valuable Kids Inc has awarded 71 individual grants totaling $735,697. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FURTHER AN APPRECIATION OF SPORTS AND CULTURAL ACTIVITIES FOR YOUTH 18 YEARS OLD AND YOUNGER; MANY OF WHOM ATTEND TITLE 1 SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SPORTING AND CULTURAL EVENT TICKETS, HYGIENE ITEMS, BOOKS AND FOOD TO YOUTH FROM UNDER-RESOURCED NEIGHBORHOODS. 17,186 TICKETS, QUARTS OF SOUP, AND BOOKS WERE DONATED, WHICH ALLOWED YOUTH TO ATTEND EVENTS AND HAVE NECESSITIES AT HOME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Belin Director | Trustee | 0 | $0 |
Allen Graber Director | Trustee | 0 | $0 |
Henraya Mcgruder Director | Trustee | 0 | $0 |
Michael Luscher Director | Trustee | 0 | $0 |
Cecile Prager Director | Trustee | 0 | $0 |
Elaine Rosenblum Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $398,339 |
| Noncash contributions included in lines 1a–1f | $351,641 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $398,339 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $398,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $351,639 |
| 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 | $207 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $449 |
| Office expenses | $160 |
| Information technology | $73 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $973 |
| All other expenses | $4,451 |
| Total functional expenses | $370,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,950 |
| 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 | $82,950 |
| 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 | $82,950 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $82,950 |
Grants Awarded
Over the last fiscal year, Most Valuable Kids Inc has awarded $211,060 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF METRO A PURPOSE: appreciation for sport/culture | $16,074 |
BRAND-NU DAE OUTREACH PURPOSE: appreciation for sport/culture | $20,503 |
COMMUNITY TEEN COALITION PURPOSE: appreciation for sport/culture | $6,316 |
CRISTO REY ATL JESUIT HS PURPOSE: appreciation for sport/culture | $6,766 |
GEORGIA CYBER ACADEMY PURPOSE: appreciation for sport/culture | $6,382 |
JEWISH FAMILY & CAREER SERVIC PURPOSE: appreciation for sport/culture | $7,025 |