MV3 Foundation

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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

2020

Legal Domicile

Principal Officer

Ashley Kyalwazi

Phone

9162152616

Tax Period

2024-01-01 to 2024-12-31

MV3 Foundation, founded in 2020, is a small nonprofit in the Education sector that reported $380K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. The organization ran a surplus of $308K, a strong 81% operating margin.

Mission

Build and empower a community of Black undergraduate scholars across the US who will positively impact the future of health and biomedical sciences through our 3 Pillars: Education, Service and Advocacy.

Program Service Accomplishments

Program 1

Expenses: $70,321

To support Black undergraduate students interested in health and biomedical sciences with the tools and supportive community needed to empower scholars to positively impact their communities.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $380,055

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $380,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,284

Fundraising Expenses $0

Program Expenses $70,321

Other Expenses $11,537

TOTAL EXPENSES $71,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$380,055	$131,075	+1.9%
Expenses	$71,821	$27,774	+1.6%
Net Income	$308,234	$103,301	+2.0%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Ashley Kyalwazi	Executive Dir.	Officer	$0	$0	$0
Stephanie Heyward	Finance Dir	Officer	$0	$0	$0
Leonard Nettey	COO	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
2025	No data	No data	No data	No data
2024	$380,055	$71,821	$505,388	$308,234