Mvp's mission is to cast the next generation of sports and entertainment industry stars. Mvp will achieve its mission through personalized pathways, innovative instruction, and professional experiences that will prepare students for college and career success.

501(c)(3) charity; gifts are tax-deductible.
43¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $160K a year · 8% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
43%
of spending
Concern: 43% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$484K
179% of total assets
Concern: liabilities are 179% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$292K
Spent
$504K
To programs
43%
Net assets
−$213K
By yearFY2023–FY2025
Revenue
$292K
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2023$0
FY2024$292K
FY2025$6.0M
Expenses
$504K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2023$0
FY2024$504K
FY2025$6.3M
Net assets
−$213K
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2023$0
FY2024−$213K
FY2025−$413K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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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 ruling in Jul 2023.

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

Where the money goes

43 cents of each dollar spent went to programs.

Program services 43% · $215K Management & general 57% · $289K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Mountain View Preparatory executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops future sports and entertainment stars through personalized training and professional experiences.

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Provided by the organization

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3 programs · $215K · in their own filed words · FY2023
01

Focus Friday

The weekly schedule at MVP is four days of instruction with friday being a varying schedule by student and teacher need. Students who need to work on projects, take assessments, receive tutoring, attend remediation sessions attend school on friday. If none of those things apply, they may work from home.

$72Kprogram expense
02

Career and Technical Education

MVP is a 7TH-12TH career and technical education school with a focus on the sports and entertainment industry. Students have the opportunity to decide their career path and become a completer in the career cluster of their choice.

$72Kprogram expense
03

Dual Enrollment

MVP partners with spartanburg community college to provide students with up to 60 college credits while still in high school. MVP students can start their college career as a sophomore in high school with two college classes per semester.

$72Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$5.0M

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Gifts and grantsLn 1h$289K
Fees for servicesLn 2g$3K
Money outPt IX
$504K
Ln 25
Programscol B$215K
Managementcol C$289K
Owns and owesPt X
−$213K
net assets · Ln 32
Cash and savingsLn 1–2$145K
Total assetsLn 16$271K
LiabilitiesLn 26$484K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$289K
Government grantsLn 1e$250K
Fees for servicesLn 2g$3K
Total revenueLn 12$292K
Assets in detailPt X, end of year
CashLn 1$145K
Cash and savings togetherLn 1–2$145K
Land, buildings, equipmentLn 10c$41K
Other assetsLn 15$82K
Total assetsLn 16$271K
LiabilitiesLn 26$484K
Net assetsLn 32−$213K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$0$145K
Land, buildings, equipmentLn 10c$0$41K
Total assetsLn 16$0$271K
LiabilitiesLn 26$0$484K
Net assetsLn 32$0−$213K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$124K$64K$60K
Legal feesLn 11b$35K$35K
Accounting feesLn 11c$18K$15K$3K
Other fees for servicesLn 11g$78K$24K$54K
Advertising and promotionLn 12$36K$20K$16K
Office expensesLn 13$2K$76$2K
Information technologyLn 14$17K$17K
OccupancyLn 16$92K$35K$57K
Conferences, conventions and meetingsLn 19$14K$6K$9K
Depreciation, depletion and amortizationLn 22$66K$33K$33K
InsuranceLn 23$9K$7K$2K
Other expenses (24a–d)Ln 24$13K$11K$1K
Total functional expensesLn 25$504K$215K$289K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.0M$6.3M−$266K−$413K 990 PDF
FY2024 Viewing $292K$504K−$213K−$213K 990 PDF
FY2023 $0$0$0$0 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $291,598 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$288,668
I-9 Program service revenuePrior year $0$2,930
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$291,598
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$504,477
I-18 Total expensesPrior year $0$504,477
I-19 Revenue less expensesPrior year $0−$212,879
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $291,598 across 5 lines filed
VIII-1e Government grants$250,000
VIII-1f All other contributions, gifts and grants$38,668
VIII-1h Total contributions, gifts and grants$288,668
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,930$2,930
VIII-12 Total revenueRelated to mission $2,930 · Unrelated business $0 · Excluded from tax $0$291,598
Part IX · Statement of functional expenses $504,477 across 12 lines filed
IX-11a Management feesPrograms $64,168 · Management $59,931$124,099
IX-11b Legal feesManagement $34,902$34,902
IX-11c Accounting feesPrograms $14,637 · Management $3,063$17,700
IX-11g Other fees for servicesPrograms $24,000 · Management $54,339$78,339
IX-12 Advertising and promotionPrograms $20,001 · Management $15,676$35,677
IX-13 Office expensesPrograms $76 · Management $1,595$1,671
IX-14 Information technologyManagement $17,300$17,300
IX-16 OccupancyPrograms $35,200 · Management $57,095$92,295
IX-19 Conferences, conventions and meetingsPrograms $5,642 · Management $8,752$14,394
IX-22 Depreciation, depletion and amortizationPrograms $33,170 · Management $33,170$66,340
IX-23 InsurancePrograms $7,152 · Management $2,094$9,246
IX-24 Other expenses (24a–d)Programs $11,282 · Management $1,232$12,514
IX-25 Total functional expensesPrograms $215,328 · Management $289,149 · Fundraising $0$504,477
Part X · Balance sheet $270,867 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $0$145,051
X-9 Prepaid expenses and deferred chargesStart of year $0$3,210
X-10c Land, buildings and equipment, netStart of year $0$40,660
X-15 Other assetsStart of year $0$81,946
X-16 Total assetsStart of year $0$270,867
X-17 Accounts payable and accrued expensesStart of year $0$84,218
X-25 Other liabilitiesStart of year $0$292,528
X-26 Total liabilitiesStart of year $0$483,746
X-32 Total net assets or fund balancesStart of year $0−$212,879
X-33 Total liabilities and net assetsStart of year $0$270,867
Part XI · Reconciliation of net assets −$212,879 net assets at year end
XI-1 Total revenue$291,598
XI-2 Total expenses$504,477
XI-3 Revenue less expenses−$212,879
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$212,879

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

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