71mvp Inc is located in Deland, FL. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 71mvp 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, 71mvp Inc generated $183.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $114.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PARTNER AND PROVIDE FUNDING FOR CHILDREN'S CHARITIES IN VOLUSIA COUNTY AND THROUGHOUT THE COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randall Dye President | 4 | $0 | |
Andrea Dye Vice President | 4 | $0 | |
Nikki Risley Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $183,707 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $21 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $183,728 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $483 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,354 |
Total expenses | $114,537 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $219,326 |
Other assets | $0 |
Total assets | $219,326 |
Total liabilities | $0 |
Net assets or fund balances | $219,326 |
Over the last fiscal year, 71mvp Inc has awarded $315,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
BOYS AND GIRLS CLUBS OF VOLUSIAFLAGLER COUNTIES INC PURPOSE: FUND PROGRAMS FOR CHILDREN | $100,000 |
CHILDHOOD CANCER FOUNDATION INC PURPOSE: FUND ORGANIZATIONS SUPPORT OF CHILDREN'S CANCER PATIENS AND FAMILIES | $100,000 |
VOLUSIA SCHOOL FUEL INC PURPOSE: CONTRIBUTE TO THE SUPPORT OF FEEDING CHILDREN | $100,000 |
HALIFAX HEALTH FOUNDATION PURPOSE: FUNDING PROGRAMS FOR FAMILIES IN THE COMMUNITY AND MENTAL HEALTH | $15,000 |