Most Valuable Kids Inc
- Assets
- $570.7k
- Revenue
- $254.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Cincinnati, OH
- Founding
- 05/2002
- Data as of
- 12/2021
- 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. As of 12/2021, Most Valuable Kids Inc employed 2 individuals. 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 12/2021, Most Valuable Kids Inc generated $254.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $245.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Most Valuable Kids Inc has awarded 144 individual grants totaling $1,632,626. 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
2021
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 CHILDREN 18 AND UNDER. DUE TO COVID RESTRICTIONS IN 2021 THERE WERE MANY EVENTS CANCELED. AS A RESPONSE, CREATED AT-HOME EXPERIENCE PACKS AND PROVIDED UNIQUE EXPERIENCES FOR DESERVING KIDS IN GREATER CINCINNATI. ESTIMATED VALUE OF THE EXPERIENCES AND ITEMS PROVIDED IS $134,879.78 WITH OVER 16,372 VARIOUS ITEMS DISTRIBUTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Friedman Executive Director | Officer | 40 | $36,667 |
Tedd Friedman Chairman | Trustee | 1 | $0 |
Debbie Brant Board Member | Trustee | 1 | $0 |
Chrissie Blatt Board Member | Trustee | 0.5 | $0 |
David Ammer Board Member | Trustee | 1 | $0 |
Tom Dillingham Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,025 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,534 |
| Noncash contributions included in lines 1a–1f | $134,880 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,559 |
| 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 | $254,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $134,880 |
| 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. | $36,667 |
| Compensation of current officers, directors, key employees. | $7,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,054 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194 |
| Advertising and promotion | $1,210 |
| Office expenses | $4,161 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,356 |
| 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 | $6,126 |
| All other expenses | $100 |
| Total functional expenses | $245,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570,733 |
| 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 | $570,733 |
| 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 | $570,733 |
| Total liabilities and net assets/fund balances | $570,733 |
Grants Awarded
Over the last fiscal year, Most Valuable Kids Inc has awarded $134,880 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $100,915 |
Covington, KY PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $8,921 |
Nashville, TN PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $7,892 |
Delphos, OH PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $6,075 |
Cincinnati, OH PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $5,697 |
VILLAGES AT ROLL HILL COMMUNITY CENTER PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $5,380 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Most Valuable Kids Inc has recieved totaling $100,915.
| Awarding Organization | Amount |
|---|---|
Most Valuable Kids Inc Cincinnati, OH PURPOSE: TO PROMOTE AN APPRECIATION FOR SPORTING AND CULTURAL EVENTS FOR UNDERPRIVILEGED CHILDREN | $100,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Macomb Oakland Regional Center Inc Clinton Township, MI | $34,712,756 | $87,127,217 |
Senior Health Properties-South Inc Bala Cynwyd, PA | $22,024,850 | $74,814,140 |
Ohio Living Holdings Westerville, OH | $9,052,370 | $48,267,325 |
Liberty Resources Inc Philadelphia, PA | $18,036,201 | $40,722,801 |
Merakey Woodhaven Lafayette Hill, PA | $6,648,494 | $26,455,348 |
Life Circles Muskegon, MI | $20,352,108 | $31,605,005 |
Community Resources For Independence Inc Erie, PA | $35,040,174 | $18,257,057 |
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Training & Treatment Innovations Inc Oxford, MI | $4,219,988 | $19,202,444 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |