Mdn Foundation EIN 85-4172612 Form 990 (PDF) Claim this org

Mdn Foundation FY2021 filing

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Supports orphanages by providing essential resources and care. For fiscal year 2021 it reported $479K in revenue, $14K in expenses, and $515K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Housing
Location
Citrus Heights, CA
Filings
5 on file (2021–2021)
Revenue
$479KFY2021
Expenses
$14K
Net assets
$515K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-4172612 Public charity (501(c)(3)) Citrus Heights, CA Founded 2020
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Supports orphanages by providing essential resources and care.
Leadership
Money in and out
$479K revenue, $14K expenses
Bottom line
87% program efficiency
Where the money goes · FY2021
Total revenue
$479K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $465K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs
Operating runway
38.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+97%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$479K
FY2021
Expenses
$14K
FY2021
Total assets
$515K
FY2021
Total liabilities
$0
FY2021
Total revenue
$479K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$465K
Total assetsPt X · Ln 16$515K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMdn Foundation
EINHdr · item D85-4172612
Principal addressHdr · item CCitrus Heights, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2020
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L99)
Ruling yearIRS BMFFeb 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $12K of program spending, described in the organization's own filed words · FY2021.
01

To provide support to orphanages

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$479K
Total revenueLn 12$479K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$12K
Management & general13%$2K
Total functional expensesLn 25$14K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$515K
Total liabilitiesLn 26$0
Total net assetsLn 32$515K
Months of cash on handcomputed38.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $14K
38.7 months
Where the money goes
Program services
Program services $12K · Total expenses $14K
87%
Management & General
Management & general $2K · Total expenses $14K
13%
Fundraising
Fundraising $0 · Total expenses $14K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $479K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $479K · Total revenue $479K
100%
Government reliance
Government grants — · Total revenue $479K
Earned-income share
Program service revenue $0 · Total revenue $479K
0%
Investment reliance
Investment income $0 · Total revenue $479K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $14K
0%
Growth & trend
Revenue growth (YoY)
This year $479K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $479K · Expenses $14K
+97%
Liabilities-to-Assets
Total liabilities — · Total assets $515K
Net-asset ratio
Net assets $515K · Total assets $515K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $515K
0%
People & payroll
Highest Reported Total Compensation
Individual Mikhail Pruglo · Reported title CEO · Highest reported compensation $0 · Total expenses $14K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $14K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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.

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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
FY2025 (Latest)$8K revenue · ⤓ 990 PDF
FY2024$7K revenue · ⤓ 990 PDF
FY2023$24K revenue · ⤓ 990 PDF
FY2022$62K revenue · ⤓ 990 PDF
FY2021$479K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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