My Chosen Vessels INC

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Mcv mission is to provide maasai indigenous people with clean water, education, and culture conservation initiatives

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $46K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$35K
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$234K
+87% vs prior year
Spent
$171K
To programs
96%
Net assets
$47K
By yearFY2018–FY2023
Revenue
$234K
FY2023▲ +87%
Tap a bar for its year
Revenue by fiscal year
FY2018$96K
FY2019$150K
FY2020$96K
FY2021$38K
FY2022$126K
FY2023$234K
Net assets
$47K
FY2023▲ ×13
Tap a bar for its year
Net assets by fiscal year
FY2018−$6K
FY2019$54K
FY2020$21K
FY2021−$26K
FY2022−$4K
FY2023$47K

From the FY2023 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Nov 2011.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $165K Management & general 4% · $7K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See My Chosen Vessels INC executive salaries →

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 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Provides Maasai people with clean water, education, and culture conservation.

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1 program · in their own filed words · FY2023
01

1. Launched high school education exchange and service-learning program connecting youth in california and kenya; 25 students travel to kenya for educational exchange. 2. Built the first classroom at maasai education center, complete with media house, supplies, furniture, electricity, wifi, computers, and educational materials. 3.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$46K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$234K
Ln 12
Gifts and grantsLn 1h$234K
Money outPt IX
$171K
Ln 25
Programscol B$165K
Managementcol C$7K
Owns and owesPt X
$47K
net assets · Ln 32
Cash and savingsLn 1–2$82K
Total assetsLn 16$82K
LiabilitiesLn 26$35K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$234K
Total revenueLn 12$234K
Assets in detailPt X, end of year
CashLn 1$82K
Cash and savings togetherLn 1–2$82K
Total assetsLn 16$82K
LiabilitiesLn 26$35K
Net assetsLn 32$47K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$33K$82K
Total assetsLn 16$33K$82K
LiabilitiesLn 26$37K$35K
Net assetsLn 32−$4K$47K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$6K$6K
Accounting feesLn 11c$454$454
Other fees for servicesLn 11g$17K$11K$6K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$17K$17K
Information technologyLn 14$8K$8K$598
TravelLn 17$11K$11K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$371$371
Other expenses (24a–d)Ln 24$107K$107K
Total functional expensesLn 25$171K$165K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Oct 18, 2024 $234K$171K$63K$47K 990 PDF
FY2022Filed with the IRS Jun 27, 2024 $126K−$4K 990 PDF
FY2021Filed with the IRS Jan 19, 2024 $38K−$26K 990 PDF
FY2020Filed with the IRS Jan 17, 2023 $96K$21K 990 PDF
FY2019Filed with the IRS Jun 9, 2021 $150K$54K 990 PDF
FY2018Filed with the IRS Apr 19, 2021 $96K−$6K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $234,391 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $125,605$234,391
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $125,605$234,391
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$171,399
I-18 Total expenses$171,399
I-19 Revenue less expensesPrior year $125,605$62,992
Part VI · Governance 5 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $234,391 across 3 lines filed
VIII-1f All other contributions, gifts and grants$234,391
VIII-1h Total contributions, gifts and grants$234,391
VIII-12 Total revenue$234,391
Part IX · Statement of functional expenses $171,399 across 10 lines filed
IX-11a Management feesPrograms $5,955$5,955
IX-11c Accounting feesPrograms $454$454
IX-11g Other fees for servicesPrograms $11,131 · Management $5,544$16,675
IX-12 Advertising and promotionPrograms $1,150$1,150
IX-13 Office expensesPrograms $16,782$16,782
IX-14 Information technologyPrograms $7,535 · Management $598$8,133
IX-17 TravelPrograms $10,638$10,638
IX-19 Conferences, conventions and meetingsPrograms $4,641$4,641
IX-23 InsuranceManagement $371$371
IX-24 Other expenses (24a–d)Programs $106,600$106,600
IX-25 Total functional expensesPrograms $164,886 · Management $6,513 · Fundraising $0$171,399
Part X · Balance sheet $82,366 assets, 6 lines filed
Net asset lines not itemized here account for $47,010. See the IRS return.
X-1 Cash, non-interest-bearingStart of year $33,120$82,366
X-16 Total assetsStart of year $33,120$82,366
X-22 Loans from officers and insidersStart of year $37,321$35,356
X-26 Total liabilitiesStart of year $37,321$35,356
X-32 Total net assets or fund balancesStart of year −$4,201$47,010
X-33 Total liabilities and net assetsStart of year $33,120$82,366
Part XI · Reconciliation of net assets $47,010 net assets at year end
XI-1 Total revenue$234,391
XI-2 Total expenses$171,399
XI-3 Revenue less expenses$62,992
XI-4 Net assets at start of year−$4,201
XI-9 Other changes in net assets−$11,781
XI-10 Net assets at end of year$47,010

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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