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← MV CENTER FOR EDUCATION AND TRAINING INC

Form 990 for tax year 2024

Filed by MV CENTER FOR EDUCATION AND TRAINING INC.

Totals

Total revenue
$676,617
Total expenses
$685,786
Contributions and grants received
$649,352
Grants paid
$26,207
Program service revenue
$26,997
Investment income
$268
Other revenue
$0
Total assets, end of year
$159,330
Total liabilities, end of year
$8,191
Net assets or fund balances, end of year
$151,139
Program services expenses (Part IX)
$464,497
Management and general expenses
$195,079
Fundraising expenses
$26,210
Program service expenses (Part III)
$464,497

Program services were 67.7% 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.

  • 1f · All other contributions, gifts and grants

    $649,352

  • 2a · Program service revenue: TUITION

    total $26,997 · related or exempt $26,997

  • 3 · Investment income

    total $268 · excluded $268

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,207 · program services $26,207

  • 7 · Other salaries and wages

    total $396,947 · program services $299,185 · management and general $73,762 · fundraising $24,000

  • 9 · Other employee benefits

    total $42,131 · program services $26,964 · management and general $13,903 · fundraising $1,264

  • 10 · Payroll taxes

    total $31,563 · program services $20,201 · management and general $10,416 · fundraising $946

  • 11c · Fees: accounting

    total $9,750 · management and general $9,750

  • 11g · Fees: other

    total $51,334 · management and general $51,334

  • 12 · Advertising and promotion

    total $5,785 · program services $5,239 · management and general $546

  • 16 · Occupancy

    total $14,389 · management and general $14,389

  • 23 · Insurance

    total $2,094 · management and general $2,094

  • 24a · Other expenses: INSTRUCTOR AND FACILITA

    total $82,674 · program services $82,674

  • 24b · Other expenses: MISCELLANEOUS

    total $17,497 · management and general $17,497

  • 24c · Other expenses: PROGRAM SUPPLIES

    total $4,027 · program services $4,027

  • 24d · Other expenses: BANK FEES

    total $1,388 · management and general $1,388

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,698 · end of year $58,688

  • 2 · Savings and temporary cash investments

    beginning of year $105,867 · end of year $41,254

  • 4 · Accounts receivable

    beginning of year $55,369 · end of year $51,858

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,065 · end of year $7,530

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,691 · end of year $8,191

  • 27 · Net assets without donor restrictions

    beginning of year $160,308 · end of year $151,139

Mission and programs · 2024

Mission

TO PROVIDE A DIVERSITY OF PROGRAMS TO AN ISLAND COMMUNITY WITH LIMITED EDUCATIONAL OPPORTUNITIES.

Activities or mission (Part I)

PROVIDE DIVERSE PROGRAMS TO AN ISLAND COMMUNITY WITH LIMITED ACCESS TO EDUCATIONAL OPPORTUNITIES.

  • VARIOUS EDUCATIONAL PROGRAMS INCLUDING PRACTICAL TRAINING, COLLEGE PREPARATORY AND CREDIT COURSES, SPECIAL PROGRAMS,ENRICHMENT CLASSES TO ALL GENERATIONS, AND ECONOMIC CLASSES.

    Expenses $464,497 · Grants $26,207 · Revenue $26,997

As filed on the 2024 return.

Listed in Part VII

  • Alexandra Bullen Coutts

    EXECUTIVE DIRECTOR

    Total calculated
    $133,465
    From this org
    $115,731
    From related orgs
    $0
    Other
    $17,734
    Hours/week
    40
  • Nancy Hoffman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Norman Werthwein

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Joan Kass

    CLERK

    Total calculated
    $0
    Hours/week
    5
  • Allen Carney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Sara Dingledy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Richard Kazis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Cynthia Mullins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Robin Stratton Rivera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Thomas Soldini

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Mary Vascellaro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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

  • UPPER CAPE COD TECH

    $6,534

    TUITION FOR STUDENTS PAID DIRECTLY TO COLLEGE

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2026
IRS schema version
2024v5.5
Source object
202601269349302625

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