Totals
- Total revenue
- $2,217,423
- Total expenses
- $2,723,606
- Contributions and grants received
- $1,714,553
- Grants paid
- $2,457,818
- Program service revenue
- $274,537
- Investment income
- $228,333
- Other revenue
- $0
- Total assets, end of year
- $6,448,947
- Total liabilities, end of year
- $2,604,943
- Net assets or fund balances, end of year
- $3,844,004
- Program services expenses (Part IX)
- $2,457,818
- Management and general expenses
- $161,691
- Fundraising expenses
- $104,097
- Program service expenses (Part III)
- $2,457,818
Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,714,553
-
2a · Program service revenue: Program Services Fees
total $118,568 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Donations-Golf Tournament
total $155,969 · unrelated business $0 · excluded $0
-
3 · Investment income
total $228,333 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $511,705 · program services $511,705
-
2 · Grants to domestic individuals
total $1,946,113 · program services $1,946,113
-
5 · Compensation of officers, directors and key employees
total $88,239 · program services $0 · management and general $88,239 · fundraising $0
-
9 · Other employee benefits
total $9,903 · program services $0 · management and general $9,903 · fundraising $0
-
10 · Payroll taxes
total $7,003 · program services $0 · management and general $7,003 · fundraising $0
-
11c · Fees: accounting
total $43,878 · program services $0 · management and general $43,878 · fundraising $0
-
12 · Advertising and promotion
total $35,840 · program services $0 · management and general $0 · fundraising $35,840
-
19 · Conferences, conventions and meetings
total $2,662 · program services $0 · management and general $2,662 · fundraising $0
-
23 · Insurance
total $2,560 · program services $0 · management and general $2,560 · fundraising $0
-
24a · Other expenses: Software & Website
total $6,008 · program services $0 · management and general $6,008 · fundraising $0
-
24b · Other expenses: Advisory Board Exp
total $0 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: Licenses & Permits
total $0 · program services $0 · management and general $0 · fundraising $0
-
24d · Other expenses: Captains Fore Kids
total $31,777 · program services $0 · management and general $0 · fundraising $31,777
-
24e · All other expenses
total $37,918 · program services $0 · management and general $1,438 · fundraising $36,480
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,442,627 · end of year $6,423,947
-
4 · Accounts receivable
end of year $25,000
-
9 · Prepaid expenses and deferred charges
beginning of year $5,000
-
17 · Accounts payable and accrued expenses
beginning of year $1,244,074 · end of year $1,215,042
-
18 · Grants payable
end of year $1,389,901
-
19 · Deferred revenue
beginning of year $87,500 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,116,053 · end of year $3,609,869
-
28 · Net assets with donor restrictions
end of year $234,135
Mission and programs · 2023
Mission
MV Youth supports youth based capital projects on Marthas Vineyard and funds scholarships for youth from Marthas Vineyard.
-
Scholarship awards
Expenses $1,946,113
-
Grant Awards to various Island Non-profits
Expenses $511,705
As filed on the 2023 return.
Listed in Part VII
-
Daniel StantonDANIEL STANTON
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
James SwartzJAMES SWARTZ
CO-CHAIR
- Total calculated
- $0
-
Steve BarnesSTEVE BARNES
DIRECTOR
- Total calculated
- $0
-
Wayne BuddWAYNE BUDD
DIRECTOR
- Total calculated
- $0
-
Drew ConwayDREW CONWAY
DIRECTOR
- Total calculated
- $0
-
Cindy DoyleCINDY DOYLE
DIRECTOR
- Total calculated
- $0
-
David FialkowDAVID FIALKOW
DIRECTOR
- Total calculated
- $0
-
Mimi HaasMIMI HAAS
DIRECTOR
- Total calculated
- $0
-
Bob HigginsBOB HIGGINS
DIRECTOR
- Total calculated
- $0
-
Ron RappaportRON RAPPAPORT
DIRECTOR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
no cash amount reported
CAPITAL IMPROVEMENTS
-
no cash amount reported
Capital Improvements
-
no cash amount reported
Capital Improvements
-
no cash amount reported
Capital Improvements
-
no cash amount reported
Capital Improvements
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433179349305608
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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