Mp Can Do Inc
- Assets
- $694.5k
- Revenue
- $671.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Foster City, CA
- Founding
- 03/1996
- Data as of
- 12/2022
- EIN
- 94-3225882
Organization Overview
Mp Can Do Inc is located in Foster City, CA. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MP Can Do 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, MP Can Do Inc generated $671.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $32.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, MP Can Do Inc has awarded 12 individual grants totaling $249,538. 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
IN CONJUNCTION WITH RELATED ORGANIZATIONS, MP CAN DO INC'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY AND MUTUAL RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVES AS THE MANAGING GENERAL PARTNER IN GLORIA WAYASSOCIATES, A PARTNERSHIP THAT PROVIDES AFFORDABLE HOUSING TO LOWINCOME PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angah Miessi Vice President | OfficerTrustee | 0.1 | $0 |
Mark Moulton Secretary | OfficerTrustee | 0.1 | $0 |
William B Webster Treasurer | OfficerTrustee | 0.1 | $0 |
Kyle Attenhofer Director | Trustee | 1 | $0 |
Enrique Torres Secretary | OfficerTrustee | 0.2 | $0 |
Janine Lind Secretary | OfficerTrustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $710,189 |
| Investment income | $826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$39,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $671,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,986 |
| 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 | $0 |
| 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 | $2,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,742 |
| 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 | $3,300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $551,168 |
| Intangible assets | $0 |
| Other assets | $72,063 |
| Total assets | $694,494 |
| Accounts payable and accrued expenses | $750 |
| 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 | $25,845 |
| Total liabilities | $26,595 |
| Net assets without donor restrictions | $667,899 |
| 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 | $694,494 |
Grants Awarded
Over the last fiscal year, Mp Can Do Inc has awarded $54,857 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MIDPEN HOUSING CORPORATION PURPOSE: GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES | $26,986 |
EPA CAN DO PURPOSE: GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES | $27,871 |