MLBC FOUNDATION

EIN: 833005664 501(c)(3) Philanthropy & Grantmaking

BRIDGEPORT, WV

Total Revenue
$14,310
Total Expenses
$12,264
Total Assets
$51,946
Net Assets
$51,946
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WV
Principal Officer
AARON YOST
Phone
3045988000
Tax Period
2020-07-01 to 2021-06-30

MLBC FOUNDATION, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $14K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $12K left a modest 14% surplus.

Mission

GRANTMAKING FOUNDATION TO PROVIDE SCHOLARSHIPS AND SUPPORT FOR THE MEDICAL NEEDS OF FINANCIALLY NEEDY CHILDREN, VETERANS AND VICTIMS OF DISASTERS.

Program Service Accomplishments

Program 1
Expenses: $10,383

THE MLBC FOUNDATION'S MAIN ACTIVITIES ARE FUNDRAISING ACTIVIES, WHICH ARE LISTED ON SCHEDULE G. PROGRAM SERVICE EXPENSES CONSIST OF COSTS TO MAINTAIN THE OFFICE AND GENERAL OPERATIONAL ACTIVITIES OF...

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THE MLBC FOUNDATION'S MAIN ACTIVITIES ARE FUNDRAISING ACTIVIES, WHICH ARE LISTED ON SCHEDULE G. PROGRAM SERVICE EXPENSES CONSIST OF COSTS TO MAINTAIN THE OFFICE AND GENERAL OPERATIONAL ACTIVITIES OF THE ORGANIZATION.THE MLBC FOUNDATION SPRING CHARITY GOLF FUNDRAISING EVENT INCURRED EXPENSES IN THE AMOUNT OF $27,043. THESE FUNDRAISING EXPENSES INCLUDED $4,850 OF DONATIONS TO WVU MEDICINE CHILDREN'S AND $4,850 TO UPMC MAGEE-WOMEN'S HOSPITAL TO SUPPORT BOTH HEALTHCARE FACILITY'S ONGOING MISSION TO PROVIDE SERVICES TO THE REGION. SEE SCHEDULE G FOR MORE DETAIL. THE MLBC FOUNDATION FALL CHARITY GOLF EVENT INCURRED EXPENSES IN THE AMOUNT OF $31,707. THESE FUNDRAISING EXENSES INCLUDED $8,000 IN DONATIONS TO BIG BROTHERS BIG SISTERS OF GREATER PITTSBURGH TO SUPPORT THE ORGANIZATION WITH ITS' YOUTH MENTORING PROGRAM. SEE SCHEDULE G FOR MORE DETAIL.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $14,310
TOTAL REVENUE $14,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,383
Other Expenses $12,264
TOTAL EXPENSES $12,264

Year-over-Year Comparison

2020 2019 Change
Revenue $14,310 $49,900 -0.7%
Expenses $12,264 N/A N/A
Net Income $2,046 $49,900 -1.0%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CECIL RAY BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN NIXON BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY PRESTON BOARD MEMBER 1.00
Director
$0 $0 $0
AARON YOST PRESIDENT 1.00
Officer
$0 $0 $0
CHRISTA DOTSON VICE PRESIDENT 1.00
Officer
$0 $0 $0
JEREMY WHITE SECRETARY 1.00
Officer
$0 $0 $0
BRITANY CROOKSHANKS TREASURER 1.00
Officer
$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
2021 $14,310 $12,264 $51,946 $2,046
2020 $49,900 No data $49,900 No data
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