THE MICRO NON PROFIT NETWORK

EIN: 811444632 501(c)(3) Philanthropy & Grantmaking

CHESAPEAKE, VA

Total Revenue
$116,533
Total Expenses
$88,837
Total Assets
$161,557
Net Assets
$149,507
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
VERONICA MCMILLIAN
Phone
7575720974
Tax Period
2024-02-01 to 2025-01-31

THE MICRO NON PROFIT NETWORK, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $117K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $28K, a strong 24% operating margin.

Mission

The mission of the MNPN is to educate, equip, and empowerment small nonprofit to serve their communities through strong program and services. We have helped over 300 nonprofits since 2016. Currently we have 70 nonprofits in our network.

Program Service Accomplishments

Program 1
Expenses: $5,000

The Bag Lady Project is designed to provide life changing resources and services to young women aging out of the Foster Care System. Our aim is to help them to transition to adulthood with a firm...

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The Bag Lady Project is designed to provide life changing resources and services to young women aging out of the Foster Care System. Our aim is to help them to transition to adulthood with a firm foundation and the right tools in their bags to allow them to thrive, survive, and take pride in themselves. Our program will provides the following resources to assist them in becoming self-sufficient:Assistance in locating the appropriate housing,food assistance,cooking classes, Budgeting/financial management, Bus tickets, WISA services,Group counseling sessions, clothing assistance, job/life preparation skills, effective communication, college preparation, entreprenuership training, and parenting groups. A young woman can participate in the program from 3-6 months depending on her needs. Upon completion, we celebrate the young women at the Queen s Tea.

Program 2
Expenses: $14,700

The Kids Law Academy is a signature program of the Micro-Nonprofit Network Inc. The Kids Law Academy is 12-week interactive program that allows kids to learn about law enforcement careers, leadership...

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The Kids Law Academy is a signature program of the Micro-Nonprofit Network Inc. The Kids Law Academy is 12-week interactive program that allows kids to learn about law enforcement careers, leadership building, educational opportunities, and relationship building with law enforcement professionals. It also allows the youth to engage with the social justice movement in a safe judgement free enviorment. The program is designed by kids for kids.

Program 3
Expenses: $5,000

The Jump In Childcare Providers Education & Business Training program addresses the critical shortage of expertly trained childcare professionals across the country by employing an innovative and...

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The Jump In Childcare Providers Education & Business Training program addresses the critical shortage of expertly trained childcare professionals across the country by employing an innovative and creative two-tiered approach aimed at helping home childcare providers create developmentally appropriate learning spaces that will help vulnerable at-risk children flourish. The program provides resources to help providers grow their home childcare business in alignment with the Virginia Department of Education (VDOE) 2023 transition plans. The Jump In program offers the following services: Interactive (face to face or virtual) training services, ???Ask The Coach??? one-on-one mentoring and coaching,???Provider Collab Lounge???,quarterly brainstorming, action planning, and

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $105,432
Program Service Revenue $0
Investment Income $0
Other Revenue $11,101
TOTAL REVENUE $116,533

Expense Breakdown

Grants Paid $1,435
Salaries & Benefits $21,249
Fundraising Expenses $0
Program Expenses $78,000
Other Expenses $66,153
TOTAL EXPENSES $88,837

Year-over-Year Comparison

2024 2023 Change
Revenue $116,533 $142,998 -0.2%
Expenses $88,837 $97,269 -0.1%
Net Income $27,696 $45,729 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$16,250
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH MCMILLIAN SECRETARY 5
$0 $0 $0
ANDRIAN ASHFORD LEGAL ASSISTANT 5
$0 $0 $0
CHRISTIANA ASHFORD ADVISORY 5
$0 $0 $0
VERONICA MCMILLIAN PRESIDENT 40
Officer Highest
$16,250 $0 $16,250
FRANCINE HUMPHREY TREASURER 1
Key Emp
$0 $0 $0
GREG OTT BOARD MEMBER 5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $116,533 $88,837 $161,557 $27,696
2024 $142,998 $97,269 $133,861 $45,729
2023 $101,178 $104,771 $76,082 $-3,593
2022 $1,085,744 $1,057,672 $79,675 $28,072
2021 $308,113 $256,510 $51,603 $51,603
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