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Nonprofiteer
← M54 INC

Form 990 for tax year 2023

Filed by M54 INC.

Totals

Total revenue
$125,646
Total expenses
$97,743
Contributions and grants received
$116,540
Grants paid
$0
Program service revenue
$9,058
Investment income
$48
Other revenue
$0
Total assets, end of year
$773,095
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$773,095
Program services expenses (Part IX)
$90,680
Management and general expenses
$7,063
Fundraising expenses
$0
Program service expenses (Part III)
$90,680

Program services were 92.8% 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

    $116,540

  • 2a · Program service revenue: TUITION

    total $9,058 · related or exempt $9,058

  • 3 · Investment income

    total $48 · related or exempt $48

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $500 · management and general $500

  • 11g · Fees: other

    total $34,666 · program services $34,666

  • 12 · Advertising and promotion

    total $11,809 · program services $11,809

  • 13 · Office expenses

    total $1,582 · management and general $1,582

  • 14 · Information technology

    total $1,230 · program services $1,230

  • 16 · Occupancy

    total $1,074 · program services $1,074

  • 17 · Travel

    total $3,511 · program services $3,511

  • 22 · Depreciation, depletion and amortization

    total $5,692 · program services $5,692

  • 24a · Other expenses: PROGRAM EXPENSES

    total $25,948 · program services $25,948

  • 24b · Other expenses: STIPEND

    total $6,750 · program services $6,750

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $4,981 · management and general $4,981

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,541 · end of year $72,387

  • 2 · Savings and temporary cash investments

    beginning of year $125,024 · end of year $108,772

  • 3 · Pledges and grants receivable

    beginning of year $4,500

  • 10a · Land, buildings and equipment: cost or other basis

    $600,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,064

  • 10c · Land, buildings and equipment, net

    beginning of year $597,628 · end of year $591,936

  • 27 · Net assets without donor restrictions

    beginning of year $749,693 · end of year $773,095

Mission and programs · 2023

Mission

M54 IS AN ADULT EDUCATIONAL STARTUP THAT SHIFTS THE LEARNING CONTENT FROM TEXT TO PARTICIPANTS' LIFE EXPERIENCES, RESULTING IN INCREASED AGENCY AND VIBRANCY.

  • M54 CREATED AND DEVELOPED A CURRICULUM FOR THE FELLOWSHIP OF AVODA PNIMIS, AND PARTICIPANTS IN THE FELLOWSHIP DEMONSTRATED AN INCREASED VIBRANCY IN THEIR PERSONAL CHOICES. SIXTEEN INDIVIDUALS PARTICIPATED IN THE FELLOWSHIP IN FISCAL YEAR 2024.

    Expenses $90,680 · Revenue $9,058

  • M54 PARTICIPANTS DEMONSTRATE AN INCREASED VIBRANCY IN THEIR LIVES AND A GREATER SENSE OF AGENCY IN THEIR PERSONAL CHOICES. TWENTY EIGHT INDIVIDUALS PARTICIPATED IN M54 EDUCATIONAL PROGRAMS DURING FISCAL YEAR 2023.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Chana Chein

    TREASURER

    Total calculated
    $0
    Hours/week
    13

  • Peretz Chein

    PRESIDENT

    Total calculated
    $0
    Hours/week
    13

  • Ira J Deitsch

    CLERK

    Total calculated
    $0

  • Daniel Lorch

    DIRECTOR

    Total calculated
    $0

  • Victoria Ornstein

    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 itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 January 2025
IRS schema version
2023v6.0
Source object
202510159349302106

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