Mycap Veba FY2024 filing

Youngstown, OHUnknown exempt organizationSince 2012 EIN 46-0703154Revenue $3K in FY2024Latest return filed May 7, 2026

On file with the IRSYoungstown, OH

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Pay the currrent cost of the nature of medical and wellness benefits for Mycap employees

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0703154) · Dispute this line
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $25K a year · 642% of revenue · last 6 filings
A surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
3.3 mo
of spending, in cash
Plus $40K in investments, Pt X · Ln 11–13
3.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $32K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$3K
+319% vs prior year
Spent
$5K
To programs
100%
Net assets
$41K
By yearFY2020–FY2025
Revenue
$3K
FY2024▲ +319%
Tap a bar for its year
Revenue by fiscal year
FY2020$6K
FY2021$7K
FY2022$2K
FY2023−$1K
FY2024$3K
FY2025$7K
Expenses
$5K
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$57K
FY2021$49K
FY2022$16K
FY2023$4K
FY2024$5K
FY2025$42K
Net assets
$41K
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$109K
FY2021$66K
FY2022$45K
FY2023$44K
FY2024$41K
FY2025$0

From the FY2024 Form 990 · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $5K

Form 990 Part IX, line 25. 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
Trustree
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Person
$0Pt VII · Sec A
See Mycap Veba 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Pays for medical and wellness benefits for MyCap employees.

Questions for Mycap Veba

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1 program · $5K · in their own filed words · FY2024
01

Payment of employee medical benefits

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0703154) · Dispute this line
$5Kprogram expense

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$32K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3K
Ln 12
Other incomeLn 4–11$2K
Investment incomeLn 3$1K
Money outPt IX
$5K
Ln 25
Programscol B$5K
Owns and owesPt X
$41K
net assets · Ln 32
Cash and savingsLn 1–2$1K
Total assetsLn 16$41K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$1K
Other incomeLn 4–11$2K
Gains on assetsLn 7$2K
Total revenueLn 12$3K
Assets in detailPt X, end of year
CashLn 1$1K
Cash and savings togetherLn 1–2$1K
InvestmentsLn 11–13$40K
Total assetsLn 16$41K
LiabilitiesLn 26$0
Net assetsLn 32$41K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$901$1K
InvestmentsLn 11–13$43K$40K
Total assetsLn 16$44K$41K
LiabilitiesLn 26$0$0
Net assetsLn 32$44K$41K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$2K$2K
Management feesLn 11a$3K$3K
Total functional expensesLn 25$5K$5K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 7, 2026 $7K$42K−$35K$0 990 PDF
FY2024 ViewingFiled with the IRS Nov 13, 2025 $3K$5K−$2K$41K 990 PDF
FY2023Filed with the IRS Nov 7, 2024 −$1K$4K−$6K$44K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $2K$16K−$14K$45K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $7K$49K−$42K$66K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $6K$57K−$51K$109K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $3,066 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$1,536$3,052
I-11 Other revenuePrior year $133$14
I-12 Total revenuePrior year −$1,403$3,066
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $1,460$2,360
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,000$3,000
I-18 Total expensesPrior year $4,460$5,360
I-19 Revenue less expensesPrior year −$5,863−$2,294
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $3,066 across 4 lines filed
VIII-3 Investment incomeExcluded from tax $1,485$1,485
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,567$1,567
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $14$14
VIII-12 Total revenueRelated to mission $1,581 · Unrelated business $0 · Excluded from tax $1,485$3,066
Part IX · Statement of functional expenses $5,360 across 2 lines filed
IX-4 Benefits paid to or for membersPrograms $2,360$2,360
IX-11a Management feesPrograms $3,000$3,000
IX-25 Total functional expensesPrograms $5,360 · Management $0 · Fundraising $0$5,360
Part X · Balance sheet $41,296 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $901$1,463
X-12 Other securitiesStart of year $42,876$39,833
X-16 Total assetsStart of year $43,777$41,296
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $43,777$41,296
X-32 Total net assets or fund balancesStart of year $43,777$41,296
X-33 Total liabilities and net assetsStart of year $43,777$41,296
Part XI · Reconciliation of net assets $41,296 net assets at year end
XI-1 Total revenue$3,066
XI-2 Total expenses$5,360
XI-3 Revenue less expenses−$2,294
XI-4 Net assets at start of year$43,777
XI-5 Net unrealized gains (losses) on investments−$187
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$41,296

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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