Mgba Incorporated: FY2022 Nonprofit Profile & Form 990 (EIN 43-2111568)

Revenue by fiscal year
FY2020	$219K
FY2021	$509K
FY2022	$806K
FY2023	$657K
FY2024	$656K

Expenses by fiscal year
FY2020	$319K
FY2021	$438K
FY2022	$566K
FY2023	$883K
FY2024	$854K

Net assets by fiscal year
FY2020	$74K
FY2021	$145K
FY2022	$385K
FY2023	$159K
FY2024	−$39K

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Sep 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

80%

14%

Program services 80% · $454K Management & general 14% · $79K Fundraising 6% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation

Marquis Grissom

President

$0Pt VII · Sec A

Sharron Hastie-Grissom

COO

$0Pt VII · Sec A

Hector Diaz

Board Member

$0Pt VII · Sec A

Michele Petties

Board Member

$0Pt VII · Sec A

Laurel Levy

Board Member

$0Pt VII · Sec A

Sabrina Jenkins

Board Member

$0Pt VII · Sec A

Sidney Hinton

Board Member

$0Pt VII · Sec A

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enables underserved youth to play baseball, offering coaching, mentoring, tutoring, and scholarships.

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Provided by the organization

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1 program · $454K · in their own filed words · FY2022

01

Youth Travel Baseball Teams, Coaching, Mentoring, Tutorial Services and scholarship assistance.

$454Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Atlanta Braves Foundation INCFY2024$323K

The Players Alliance INCFY2024$50K

Major League Baseball Charities INCFY2024$12K

Total grants receivedfrom 3 funders$385K

See all 3 funders →

Grants paid · 7 grants · $36K · 2024–2024

Southern University System FoundationLA · FY2024$10,000

University of MissouriFY2024$5,000

North Carolina A&t StateFY2024$5,000

Hampton UniversityFY2024$5,000

Greensboro College INCNC · FY2024$5,000

Eckerd CollegeFL · FY2024$5,000

Georgia Southern UniversityFY2024$1,000

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$806K

Ln 12

Gifts and grantsLn 1h$787K

Fees for servicesLn 2g$14K

Other incomeLn 4–11$5K

Money outPt IX

$566K

Ln 25

Programscol B$454K

Managementcol C$79K

Fundraisingcol D$32K

Owns and owesPt X

$385K

net assets · Ln 32

Cash and savingsLn 1–2$491K

Total assetsLn 16$523K

LiabilitiesLn 26$138K

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a7

IndependentVI 1b7

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$787K

Fundraising eventsLn 1c$16K

Fees for servicesLn 2g$14K

Other incomeLn 4–11$5K

Total revenueLn 12$806K

Assets in detailPt X, end of year

CashLn 1$491K

Cash and savings togetherLn 1–2$491K

Land, buildings, equipmentLn 10c$25K

Other assetsLn 15$7K

Total assetsLn 16$523K

LiabilitiesLn 26$138K

Net assetsLn 32$385K

OperationsPt I, VI

EmployeesI 50

VolunteersI 620

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$268K	$491K
Land, buildings, equipmentLn 10c	$27K	$25K
Total assetsLn 16	$299K	$523K
LiabilitiesLn 26	$154K	$138K
Net assetsLn 32	$145K	$385K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$4K	$4K
Legal feesLn 11b	$255	$255	$0	$0
Accounting feesLn 11c	$1K	$0	$1K	$0
Advertising and promotionLn 12	$7K	$1K	$0	$6K
Office expensesLn 13	$3K	$0	$3K	$0
OccupancyLn 16	$4K	$374	$3K	$0
TravelLn 17	$7K	$0	$7K	$0
Conferences, conventions and meetingsLn 19	$2K	$0	$2K	$0
Depreciation, depletion and amortizationLn 22	$2K	$0	$2K	$0
InsuranceLn 23	$18K	$18K	$0	$0
Other expenses (24a–d)Ln 24	$377K	$335K	$38K	$3K
All other expensesLn 24e	$140K	$95K	$22K	$24K
Total functional expensesLn 25	$566K	$454K	$79K	$32K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$656K	$854K	−$198K	−$39K	990 PDF
FY2023	$657K	$883K	−$226K	$159K	990 PDF
FY2022 Viewing	$806K	$566K	$240K	$385K	990 PDF
FY2021	$509K	$438K	$71K	$145K	990 PDF
FY2020	$219K	$319K	−$100K	$74K	990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2022 990 (6 parts)

Part I · Summary $805,999 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $486,220$787,253

I-9 Program service revenuePrior year $13,924$13,505

I-10 Investment income$0

I-11 Other revenuePrior year $8,884$5,241

I-12 Total revenuePrior year $509,028$805,999

I-13 Grants and similar amounts paid$4,120

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $438,280$562,056

I-18 Total expensesPrior year $438,280$566,176

I-19 Revenue less expensesPrior year $70,748$239,823

Part VI · Governance 7 of 7 board members independent, 1 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members7

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $805,999 across 6 lines filed

VIII-1c Fundraising events$15,722

VIII-1f All other contributions, gifts and grants$730,972

VIII-1h Total contributions, gifts and grants$787,253

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$13,505

VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $5,241$5,241

VIII-12 Total revenueRelated to mission $13,505 · Unrelated business $0 · Excluded from tax $5,241$805,999

Part IX · Statement of functional expenses $566,176 across 12 lines filed

IX-1 Grants to domestic organizationsPrograms $4,120$4,120

IX-11b Legal feesPrograms $255 · Management $0 · Fundraising $0$255

IX-11c Accounting feesPrograms $0 · Management $1,275 · Fundraising $0$1,275

IX-12 Advertising and promotionPrograms $1,460 · Management $0 · Fundraising $5,795$7,255

IX-13 Office expensesPrograms $0 · Management $2,746 · Fundraising $0$2,746

IX-16 OccupancyPrograms $374 · Management $3,365 · Fundraising $0$3,739

IX-17 TravelPrograms $0 · Management $7,221 · Fundraising $0$7,221

IX-19 Conferences, conventions and meetingsPrograms $0 · Management $2,250 · Fundraising $0$2,250

IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $2,075 · Fundraising $0$2,075

IX-23 InsurancePrograms $18,058 · Management $0 · Fundraising $0$18,058

IX-24 Other expenses (24a–d)Programs $335,260 · Management $38,498 · Fundraising $3,075$376,833

IX-24e All other expensesPrograms $94,791 · Management $22,044 · Fundraising $23,514$140,349

IX-25 Total functional expensesPrograms $454,318 · Management $79,474 · Fundraising $32,384$566,176

Part X · Balance sheet $522,790 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $267,902$490,925

X-10c Land, buildings and equipment, netStart of year $26,940$24,865

X-15 Other assetsStart of year $4,500$7,000

X-16 Total assetsStart of year $299,342$522,790

X-24 Unsecured notes and loans payableStart of year $154,375$138,000

X-26 Total liabilitiesStart of year $154,375$138,000

X-27 Net assets without donor restrictionsStart of year $144,967$384,790

X-32 Total net assets or fund balancesStart of year $144,967$384,790

X-33 Total liabilities and net assetsStart of year $299,342$522,790

Part XI · Reconciliation of net assets $384,790 net assets at year end

XI-1 Total revenue$805,999

XI-2 Total expenses$566,176

XI-3 Revenue less expenses$239,823

XI-4 Net assets at start of year$144,967

XI-10 Net assets at end of year$384,790

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Mgba Incorporated FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Mgba Incorporated

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV