My Chosen Vessels Inc
- Assets
- $82.4k
- Revenue
- $234.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Elmhurst, IL
- Founding
- 11/2011
- Data as of
- 12/2023
- EIN
- 45-3072199
Organization Overview
My Chosen Vessels Inc is located in Elmhurst, IL. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Chosen Vessels 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 12/2023, My Chosen Vessels Inc generated $234.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.5% each year . All expenses for the organization totaled $171.4k during the year ending 12/2023. While expenses have increased by 17.8% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MCV MISSION IS TO PROVIDE MAASAI INDIGENOUS PEOPLE WITH CLEAN WATER, EDUCATION, AND CULTURE CONSERVATION INITIATIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. LAUNCHED HIGH SCHOOL EDUCATION EXCHANGE AND SERVICE-LEARNING PROGRAM CONNECTING YOUTH IN CALIFORNIA AND KENYA; 25 STUDENTS TRAVEL TO KENYA FOR EDUCATIONAL EXCHANGE. 2. BUILT THE FIRST CLASSROOM AT MAASAI EDUCATION CENTER, COMPLETE WITH MEDIA HOUSE, SUPPLIES, FURNITURE, ELECTRICITY, WIFI, COMPUTERS, AND EDUCATIONAL MATERIALS. 3. PROVIDED CLEAN WATER INITIATIVE BENEFITTING 1,500 PEOPLE THROUGH WATER TANKS AND DROUGHT RELIEF EFFORTS, INCLUDING ASSESSMENTS FOR FUTURE WATER PROGRAMS. 4. CONSTRUCTED A DAM FOR WILDLIFE. 5. BUILT A LATRINE AND PROVIDED SANITATION TRAINING. 6. IMPLEMENTED BEADING INITIATIVE FOR WOMEN'S ECONOMIC EMPOWERMENT. 7. PROVIDED FOOD RELIEF DURING DROUGHT. 8. ORGANIZED SHOE DRIVE, COLLECTING SHOES FOR THE MAASAI COMMUNITY. 9. ESTABLISHED NEW MAASAI MEDICINAL GARDEN. 10. DEVELOPED VIRTUAL REALITY PROGRAM DOCUMENTING MAASAI RITES OF PASSAGE CEREMONIES. 11. PARTICIPATE IN UNITED NATIONS INDIGENOUS FORUMS WITH CULTURAL CHIEFS AND YOUTH TO ADVOCATE FOR HUMAN RIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Censotti President | Trustee | 15 | $0 |
Patricia Cole Secretary | Officer | 1 | $0 |
Lesley Etherly Treasurer | Officer | 1 | $0 |
Khalif Price Board Member | 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 | $234,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,391 |
| 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 | $234,391 |
| 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 | $5,955 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $454 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,675 |
| Advertising and promotion | $1,150 |
| Office expenses | $16,782 |
| Information technology | $8,133 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,638 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,641 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $371 |
| All other expenses | $0 |
| Total functional expenses | $171,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,366 |
| 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 | $82,366 |
| 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 | $35,356 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,356 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $82,366 |