Mdp Foundation EIN 94-2994037

Mdp Foundation

EIN  94-2994037 Public charity (501(c)(3)) San Francisco, CA
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Size
$100K–1M
What they do
Feeds and offers basic services to homeless and disenfranchised individuals in San Francisco.
Leadership
September Jarrett · President
Money in and out
$513K revenue, $536K expenses
Bottom line
98% program efficiency

Feeds and offers basic services to homeless and disenfranchised individuals in San Francisco. For fiscal year 2024 it reported $513K in revenue, $536K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$513K
Pt VIII · Ln 12
Total expenses
$536K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$23K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.01 Fundraising $0.00
Program efficiency
98%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▼ -57% vs prior filing year
Surplus margin
-5%
revenue over expenses, this year▼ -132% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$513K
FY2024▲ +8%
Expenses
$536K
FY2024▲ +31%
Total assets
$1.5M
FY2024▼ -1%
Total liabilities
$0
FY2024
Total revenue
$513K
Pt VIII · Ln 12
Total expenses
$536K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $527K of program spending, described in the organization's own filed words · FY2024.
01

The MDP foundation provides substantial financial support to the martin de porres house of hospitality, which operates a kitchen to feed the homeless in san francisco. The foundation's board of director also provides overall direction to the management of the kitchen.

$476Kprogram expense
02

David house LN march 1995, martin de porres foundation purchased a residential housing building at 1311 alabama street, san francisco, california named david house, the facility operates to provide short and long-term dignified housing to individuals who would otherwise find themselves unhoused.

$49Kprogram expense
03

Charitable contributions begun in 1999 and in keeping with its philosophy of charity, love and peace, the MDP foundation continued to make contributions of excess unrestricted capital to non-profit organizations and individuals, many of which provide additional support services to the disenfranchised.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMdp Foundation
EINHdr · item D94-2994037
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jmartindeporres.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K350)
Ruling yearIRS BMFMar 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Mdp Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$502K · 98%
Investment income$11K · 2%
Contributions & grants98%$502K
Investment income2%$11K
Program service revenue$53
Total revenueLn 12$513K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.01 Fundraising $0.00
Program services98%$527K
Management & general1%$8K
Fundraising$1K
Total functional expensesLn 25$536K

Balance Sheet

Part X · end of year
CashLn 1$433K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.5M
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $433K · Operating expenses/yr $536K
9.7 months
Where the money goes
Program services
Program services $527K · Total expenses $536K
98%
Management & General
Management & general $8K · Total expenses $536K
1%
Fundraising
Fundraising $1K · Total expenses $536K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $453K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $502K · Total revenue $513K
98%
Government reliance
Government grants — · Total revenue $513K
Earned-income share
Program service revenue $53 · Total revenue $513K
0%
Investment reliance
Investment income $11K · Total revenue $513K
+2%
Program self-sufficiency
Program service revenue $53 · Total expenses $536K
0%
Growth & trend
Revenue growth (YoY)
This year $513K · Prior year $475K
+8%
Revenue CAGR
FY2020 $522K · FY2024 $513K
0%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $513K · Expenses $536K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual September Jarrett · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $536K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $536K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 8%
Accounting 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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 14 grants · $216K · 2020–2024
Unitemized GrantFY2024$36,780
Unitemized GrantFY2023$15,384
San Bruno Mountain WatchCA · FY2023$12,000
The Forgotten InternationalCA · FY2023$7,210
The Gubbio Project INCCA · FY2023$5,203
Visions INCMA · FY2023$5,031
Unitemized GrantFY2022$44,430
San Bruno Mountain WatchCA · FY2022$22,000
The Forgotten InternationalCA · FY2022$11,330
De Colores FoundationCA · FY2022$10,000
Unitemized GrantFY2021$18,530
Unitemized GrantFY2020$7,158

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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
FY2024 (Latest)$513K revenue · viewing · ⤓ 990 PDF
FY2023$475K revenue · ⤓ 990 PDF
FY2022$383K revenue · ⤓ 990 PDF
FY2021$482K revenue · ⤓ 990 PDF
FY2020$522K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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