Mvp Foundation is located in Scottsdale, AZ. The organization was established in 2010. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mvp Foundation 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, Mvp Foundation generated $254.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $170.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MVP FOUNDATION MISSION IS TO PROMOTE HEALTH, TO ADVANCE EDUCATION, AND TO RELIEVE THE POOR, DISTRESSED, AND UNDERPRIVILEGED BY PROVIDING RESOURCES AND OPPORTUNITIES TO CHILDREN, INCLUDING CHILDREN WHO ARE MENTALLY CHALLENGED, PHYSICALLY CHALLENGED, SOCIALLY DISADVANTAGED, OR ECONOMICALLY DISADVANTAGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MVP FOUNDATION IS DEDICATED TO MAKING A DIFFERENCE IN THE LIVES OF YOUNG MEN THROUGH LEADERSHIP DEVELOPMENT. ARIZONA YOUTH BETWEEN THE AGES OF 11 AND 14 ARE PROVIDED WITH EDUCATIONAL OPPORTUNITIES, INTERACTIVE PROGRAMS, MENTORSHIP, AND RESOURCES THAT FOSTER POSITIVE CONNECTIONS BETWEEN YOUTH, THEIR FAMILIES, AND THE GREATER COMMUNITY. THE MVP FOUNDATION MOTIVATES MARICOPA COUNTY-BASED 6TH, 7TH, AND 8TH GRADE BOYS TO DEVELOP PERSONAL LIFE SKILLS WHICH LEAD TO POSITIVE DECISIONS AND PRODUCTIVE BEHAVIORS AS THEY CONTINUE TO GROW INTO YOUNG ADULTS. THROUGH AN ANNUAL CAMP PROGRAM, LEADERSHIP SKILLS AND TEAMWORK ARE TAUGHT THROUGH SPORTS CLINICS, GROUP ACTIVITIES, AND COUNSELOR-LED QUALITY TIME TEACHING. FOUNDED IN 2011, MVP, HAS NURTURED OVER 4,000 BOYS. MVP LIFE SKILLS ARE TAUGHT AT THE LEADERSHIP ACADEMY AT LOST CANYON IN WILLIAMS, AZ DURING THE MONTH OF NOVEMBER. THROUGH FOLLOWING A SIMPLE CODE OF CONDUCT MONITORED BY TEACHERS, ADMINISTRATORS, COACHES AND PARENTS PRIOR TO CAMP, BOYS ARE ELIGIBLE TO ATTEND THE ACADEMY AT NO COST. PARTICIPANT YOUTH ARE THEN ENCOURAGED TO REGISTER FOR OUR PARTNER ORGANIZATION THE BE A LEADER FOUNDATION'S ONGOING PROGRAMS FOLLOWING THE LEADERSHIP ACADEMY.RIGHT TO PRIVACY LAWS MEAN THAT TRACKING OUR BOYS' SUCCESS RATE IS RELIANT ON TEACHERS, ADMINISTRATORS, PARENTS, AND OUR ACADEMY PARTICIPANTS TO PROVIDE FEEDBACK. SINCE WE BEGAN OUR PARTNERSHIP WITH THE BE A LEADER FOUNDATION IN 2018, WE HAVE BEEN ABLE TO TRACK THE PROGRESS OF OUR MVP STUDENTS WHO HAVE SIGNED UP FOR THE BALF PROGRAM. ONE OF THE PRIMARY GOALS OF THE LEADERSHIP ACADEMY CAMP IS TO SERVE AS A BRIDGE FOR BOYS TO PARTICIPATE IN BE A LEADER FOUNDATION PROGRAMMING. IN 2019, BALF SERVED OVER 8300 STUDENTS WITH OVER 72% ENROLLING IN POST-SECONDARY INSTITUTIONS COMPARED TO 53% STATEWIDE AVERAGE. TO DATE, ABOUT 20 MVP ACADEMY BOYS HAVE JOINED THE BALF PROGRAM. OUR GOAL IS TO INCREASE THIS NUMBER.MVP FOUNDATION IS DEDICATED TO BETTER UNDERSTANDING THE IMPACT OF THE LEADERSHIP ACADEMY AND TO MAKING CONTINUOUS IMPROVEMENTS BASED ON FEEDBACK. SIMPLE SURVEYS MEASURE INCREASES IN LEADERSHIP SKILLS, SELF-CONTROL, COPING SKILLS, AND COMMUNICATION, AS WELL AS THE YOUTHS' DRIVE AND AMBITION TO BE SUCCESSFUL AND MOVE FORWARD WITH THEIR EDUCATION. ANECDOTALLY, WE SEE ENORMOUS CHANGES IN THEM OVER THE COURSE OF THE CAMP EXPERIENCE. WE SEE BOYS TRANSFORMED DURING THE WEEKEND WITH NEW HOPE AND CONFIDENCE REFLECTED. WE SEE TREMENDOUS CHANGES IN HOW THEY INTERACT WITH ONE ANOTHER AND HOW THEY EXPRESS THEMSELVES. WE SEE MANY BOYS WHO COME TO CAMP FOR THE FIRST TIME AS 6TH GRADERS WHO CHANGE OVER TIME - THEY UNDERSTAND HOW THEY CAN ACHIEVE THEIR DREAMS THROUGH EDUCATION AND HARD WORK. SEVERAL BOYS WHO ATTENDED THE LEADERSHIP ACADEMY HAVE RETURNED AS TEAM LEADERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Olson President | OfficerTrustee | 3 | $0 |
Guy Inzalaco Vice President | OfficerTrustee | 3 | $0 |
Thomas Higginbotham Treasurer | OfficerTrustee | 3 | $0 |
Bill Lavidge Secretary | OfficerTrustee | 3 | $0 |
Andy Markham Director | Trustee | 1 | $0 |
Bill Borders Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $171,500 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $82,503 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $254,003 |
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 | $254,003 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $60,000 |
Compensation of current officers, directors, key employees. | $15,000 |
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 | $4,049 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,660 |
Advertising and promotion | $6,726 |
Office expenses | $2,088 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $17 |
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 | $4,872 |
All other expenses | $89,804 |
Total functional expenses | $170,216 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $129,930 |
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 | $129,930 |
Accounts payable and accrued expenses | $43 |
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 | $43 |
Net assets without donor restrictions | $129,887 |
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 | $129,930 |