Mahoning Valley College Access Program INC

Higher education institution Warren, OH EIN 34-1965157 NTEE B82
Revenue
$128K
▲ +28%
FY2024 · Pt VIII · Ln 12
Expenses
$102K
▼ -14%
FY2024 · Pt IX · Ln 25
Net assets
$130K
FY2024 · Pt X · Ln 32
To programs
8%
FY2024 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$128K
FY2024▲ +28%
Expenses
$102K
FY2024▼ -14%

Helps Mahoning Valley students attend college with last-dollar scholarships.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Warren Area Chamber of Commerce Education Civic and Cultural Found
$8K in the latest grant year. Details →
Spent on programs?
8% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↑ +28% vs prior year Details →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Helps Mahoning Valley students attend college with last-dollar scholarships.

Type
Higher education institution · Education
Location
Warren, OH
Website
themvcap.org
Filings
5 on file (2020–2024)
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Where the money goes · FY2024
Where spending went · Part IX cols B–D
Program services $0.08 Management & general $0.92
Operating surplus
+20%
revenue over expenses, this legal entity▲ +212% vs prior filing year
Payroll share
72%
of this entity's spending is salaries & benefits▼ -0.9% vs prior filing year
Program spending
8%
of expenses reach program services▼ -68% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$130K
FY2024▲ +25%
Total liabilities
$115
FY20240%
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$130K
Program-expense ratioPt IX · col B8%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMahoning Valley College Access Program INC
EINHdr · item D34-1965157
Principal addressHdr · item CWarren, OH
WebsiteHdr · item Jthemvcap.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFNov 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$64,708Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Gerri Jenkins’s $65K as Executive Director is at the 57th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gerri Jenkins$64,708$63,000$63,000$63,000$63,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $9K of program spending, described in the organization's own filed words · FY2024.
01

Service program expenses, wages, and payroll taxes paid for advisors to: 1) provide students and families with information about opportunities and resources for post-secondary education; 2) provide advisory and educational programs that promote college as necessary and attainable for all students; and 3) offer last-dollar scholarships…

$6Kprogram expense
02

Last dollar educational scholarships. Three additional scholarships of $1,000 each were awarded from the organization's fund at the local community foundation.

$3Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$95K · 75%
Program service revenue$17K · 13%
Investment income$12K · 9%
Other revenue$4K · 3%
Contributions & grants75%$95K
Program service revenue13%$17K
Investment income9%$12K
Other revenue3%$4K
Total revenueLn 12$128K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.08 Management & general $0.92
Program services8%$9K
Management & general92%$93K
Total functional expensesLn 25$102K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$130K
Total liabilitiesLn 26$115
Total net assetsLn 32$130K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $130K · Operating expenses/yr $102K
15.3 months
Where the money goes
Program services
Program services $9K · Total expenses $102K
8%
Management & General
Management & general $93K · Total expenses $102K
92%
Fundraising
Fundraising $0 · Total expenses $102K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $121K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $95K · Total revenue $128K
75%
Government reliance
Government grants — · Total revenue $128K
—
Earned-income share
Program service revenue $17K · Total revenue $128K
13%
Investment reliance
Investment income $12K · Total revenue $128K
+9%
Program self-sufficiency
Program service revenue $17K · Total expenses $102K
16%
Growth & trend
Revenue growth (YoY)
This year $128K · Prior year $100K
+28%
Revenue CAGR
FY2020 $194K · FY2024 $128K
-10%
Net-asset trend (YoY)
End of year $130K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $128K · Expenses $102K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $130K
—
Net-asset ratio
Net assets $130K · Total assets $130K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $102K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $130K
79%
People & payroll
Highest Reported Total Compensation
Individual Gerri Jenkins · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $65K · Total expenses $102K
64%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73K · Total expenses $102K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 8%——
Overhead ratio 92%——
Fundraising cost ratio 0%——
Revenue growth 28%——
Investment management fee ratio 2%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Grants paid · 2 grants · $29K · 2020–2021
Unitemized GrantFY2021$12,400
Unitemized GrantFY2020$16,333

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$128K revenue · viewing · ⤓ 990 PDF
FY2023$100K revenue · ⤓ 990 PDF
FY2022$245K revenue · ⤓ 990 PDF
FY2021$104K revenue · ⤓ 990 PDF
FY2020$194K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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