Mw23 Foundation
- Assets
- $21.9k
- Revenue
- $1.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 03/2012
- Data as of
- 12/2015
- EIN
- 45-2915723
Organization Overview
Mw23 Foundation is located in Bellevue, WA. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. Mw23 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO SUPPORTING COMMUNITIES IN NEED, INCLUDING YOUTH AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMICSWITH A FOCUS ON YOUTH AND FAMILY, MW23 WORKS TO CREATE POSITIVE EXPERIENCES AND LEARNING OPPORTUNITIES FOR COMMUNITIES IN NEED. IT DEVELOPS A DYNAMIC ACADEMIC MENTORSHIP PROGRAM THROUGH SPECIAL EVENTS AND TUTORING PROGRAMS. TO AUGMENT THIS PROGRAM, MW23 FUNDS YOUTH TUTORING AND MENTORSHIP PROGRAMS THAT SHARE SIMILAR VALUES AND GOALS.
BASKETBALL CAMPSTHE BASKETBALL CAMPS PROMOTE THE DEVELOPMENT OF INDIVIDUAL SKILLS, TEAMWORK, DISCIPLINE AND CONFIDENCE THROUGH HEALTHY COMPETITION WITH OTHER YOUNG ATHLETES IN THE AREA. THE PURPOSE IS TO TEACH THE PARTICIPANTS THE NEED TO BE PHYSICALLY FIT, USING BASEKTBALL AS THE MEANS TO DEVELOP THAT FITNESS. AS A MEANS OF REACHING THESE GOALS, MW23 WORKS IN PARTNERSHIP WITH OTHER ORGANIZATIONS TO SPONSOR EVERY CHILD ATTENDING ITS SEATTLE BASKETBALL CAMP.
FAMILY DAY COMMUNITY EVENTTHE MW23 FOUNDATION'S PROACTIVE APPROACH TO DEVELOPING AND INSPIRING FAMILY AND COMMUNITY INVOLVEMENT IS TO HOST A COMMUNITY FAMILY DAY EVENT. FAMILY DAY PROVIDES THE OPPORTUNITY TO GIVE BACK TO THE LOCAL COMMUNITY THROUGH A VARIETY OF ACTIVITIES, INCLUDING A BASKETBALL CLINIC FOR CHILDREN, MUSIC, GAMES, ARTS AND CRAFTS. FAMILY DAY IS OPEN TO THE PUBLIC, ENCOURAGING ALL PARTICIPANTS TO TAKE AN ACTIVE ROLE IN THE DEVELOPMENT AND SUPPORT OF THEIR COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martell Webster President | Officer | 1 | $0 |
Courtney Webster Secretary/treasurer | Officer | 1 | $0 |
Richard Padden Officer | Officer | 1 | $0 |
Julie A Clarke Officer | Officer | 1 | $0 |
Thomas E Clarke Officer | Officer | 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 | $0 |
| Investment income | $1 |
| 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 | $1 |
| 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. | $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 | $568 |
| Fees for services: Accounting | $2,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $526 |
| Advertising and promotion | $0 |
| Office expenses | $155 |
| 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 | $4,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,597 |
| Savings and temporary cash investments | $3,453 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $875 |
| 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 | $21,925 |
| Accounts payable and accrued expenses | $4,886 |
| 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 | $4,886 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $17,039 |