Totals
- Total revenue
- $291,598
- Total expenses
- $504,477
- Contributions and grants received
- $288,668
- Grants paid
- $0
- Program service revenue
- $2,930
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $270,867
- Total liabilities, end of year
- $483,746
- Net assets or fund balances, end of year
- -$212,879
- Program services expenses (Part IX)
- $215,328
- Management and general expenses
- $289,149
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $215,328
Program services were 42.7% 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.
-
1e · Government grants (contributions)
$250,000
-
1f · All other contributions, gifts and grants
$38,668
-
2a · Program service revenue: STUDENT FEES
total $2,930 · related or exempt $2,930
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $124,099 · program services $64,168 · management and general $59,931
-
11b · Fees: legal
total $34,902 · management and general $34,902
-
11c · Fees: accounting
total $17,700 · program services $14,637 · management and general $3,063
-
11g · Fees: other
total $78,339 · program services $24,000 · management and general $54,339
-
12 · Advertising and promotion
total $35,677 · program services $20,001 · management and general $15,676
-
13 · Office expenses
total $1,671 · program services $76 · management and general $1,595
-
14 · Information technology
total $17,300 · management and general $17,300
-
16 · Occupancy
total $92,295 · program services $35,200 · management and general $57,095
-
19 · Conferences, conventions and meetings
total $14,394 · program services $5,642 · management and general $8,752
-
22 · Depreciation, depletion and amortization
total $66,340 · program services $33,170 · management and general $33,170
-
23 · Insurance
total $9,246 · program services $7,152 · management and general $2,094
-
24a · Other expenses: ATHLETICS
total $9,970 · program services $9,970
-
24b · Other expenses: OTHER EXPENSES
total $2,544 · program services $1,312 · management and general $1,232
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $145,051
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $3,210
-
10a · Land, buildings and equipment: cost or other basis
$107,000
-
10b · Land, buildings and equipment: accumulated depreciation
$66,340
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $40,660
-
15 · Other assets
beginning of year $0 · end of year $81,946
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $84,218
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $107,000
-
25 · Other liabilities
beginning of year $0 · end of year $292,528
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year -$212,879
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
MVP'S MISSION IS TO CAST THE NEXT GENERATION OF SPORTS AND ENTERTAINMENT INDUSTRY STARS. MVP WILL ACHIEVE ITS MISSION THROUGH PERSONALIZED PATHWAYS, INNOVATIVE INSTRUCTION, AND PROFESSIONAL EXPERIENCES THAT WILL PREPARE STUDENTS FOR COLLEGE AND CAREER SUCCESS.
-
CAREER AND TECHNICAL EDUCATION:MVP IS A 7TH-12TH CAREER AND TECHNICAL EDUCATION SCHOOL WITH A FOCUS ON THE SPORTS AND ENTERTAINMENT INDUSTRY. STUDENTS HAVE THE OPPORTUNITY TO DECIDE THEIR CAREER PATH AND BECOME A COMPLETER IN THE CAREER CLUSTER OF THEIR CHOICE. THESE CAREERS INCLUDE ATHLETIC TRAINING, DIGITAL MEDIA, SPORTS MANAGEMENT, BROADCASTING, AND SPORTS MARKETING.
Expenses $71,776 · Revenue $977
-
DUAL ENROLLMENT:MVP PARTNERS WITH SPARTANBURG COMMUNITY COLLEGE TO PROVIDE STUDENTS WITH UP TO 60 COLLEGE CREDITS WHILE STILL IN HIGH SCHOOL. MVP STUDENTS CAN START THEIR COLLEGE CAREER AS A SOPHOMORE IN HIGH SCHOOL WITH TWO COLLEGE CLASSES PER SEMESTER. THEIR JUNIOR AND SENIOR YEAR THEY ARE CONSIDERED FULL TIME COLLEGE STUDENT TAKING 12 HOURS PER SEMESTER.
Expenses $71,776 · Revenue $977
-
FOCUS FRIDAY:THE WEEKLY SCHEDULE AT MVP IS FOUR DAYS OF INSTRUCTION WITH FRIDAY BEING A VARYING SCHEDULE BY STUDENT AND TEACHER NEED. STUDENTS WHO NEED TO WORK ON PROJECTS, TAKE ASSESSMENTS, RECEIVE TUTORING, ATTEND REMEDIATION SESSIONS ATTEND SCHOOL ON FRIDAY. IF NONE OF THOSE THINGS APPLY, THEY MAY WORK FROM HOME. TEACHERS WILL BE PRESENT TO ATTEND TO THE STUDENTS' NEEDS AND RECEIVE PROFESSIONAL DEVELOPMENT. STUDENTS WHO HAVE SPENT THEIR JUNIOR HIGH AND HIGH SCHOOL YEARS WITH FLEXIBLE SCHEDULES ARE PREPARED FOR THE COLLEGE TRANSITION, UNDERSTANDING THE SELF-DISCIPLINE REQUIRED TO BE SUCCESSFUL AT THE NEXT LEVEL.
Expenses $71,776 · Revenue $976
As filed on the 2023 return.
Listed in Part VII
-
Jimmy StatonJIMMY STATON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jamie SmithJAMIE SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Halie MartinHALIE MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Freddie BrownFREDDIE BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike MorrisonMIKE MORRISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Crystal BrownCRYSTAL BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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 itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501359349306355
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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