Mdp Foundation EIN 94-2994037

Mdp Foundation FY2020 filing

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Feeds and offers basic services to homeless and disenfranchised individuals in San Francisco. For fiscal year 2020 it reported $522K in revenue, $345K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
San Francisco, CA
Website
martindeporres.org
Filings
5 on file (2020–2020)
Revenue
$522KFY2020
Expenses
$345K
Net assets
$1.3M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-2994037 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Feeds and offers basic services to homeless and disenfranchised individuals in San Francisco.
Leadership
Miriam Locke · Board President
Money in and out
$522K revenue, $345K expenses
Bottom line
95% program efficiency
Where the money goes · FY2020
Total revenue
$522K
Pt VIII · Ln 12
Total expenses
$345K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $178K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program efficiency
95%
of spending reaches programs
Operating runway
20.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+34%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$522K
FY2020
Expenses
$345K
FY2020
Total assets
$1.3M
FY2020
Total liabilities
$7K
FY2020
Total revenue
$522K
Pt VIII · Ln 12
Total expenses
$345K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$178K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $326K of program spending, described in the organization's own filed words · FY2020.
01

MDP operates a soup kitchen to feed the homeless and poor in the city and county of San Francisco. MDP feeds approximately 500 people daily in addition to providing assistance with housing, access to medical and optometric care, transportion and other basic necessities.

$301Kprogram expense
02

Due to Covid restrictons the Burrito Project did not hold regular monthly events and found partnerships with restaurants and non-profit service providers to produce and deliver food while maintaining safety for our volunteers and the communities we serve.

$25Kprogram 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 1a6
Independent voting membersPt VI · Ln 1b6
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
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$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 & grants100%$522K
Investment income$311
— government grantsLn 1e$21K
Total revenueLn 12$522K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.03 Fundraising $0.02
Program services95%$326K
Management & general3%$11K
Fundraising2%$7K
Total functional expensesLn 25$345K

Balance Sheet

Part X · end of year
CashLn 1$597K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$7K
Total net assetsLn 32$1.3M
Months of cash on handcomputed20.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $597K · Operating expenses/yr $345K
20.8 months
Where the money goes
Program services
Program services $326K · Total expenses $345K
95%
Management & General
Management & general $11K · Total expenses $345K
3%
Fundraising
Fundraising $7K · Total expenses $345K
2%
Cost to raise $1
Fundraising expense $7K · Solicited contributions $501K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $522K · Total revenue $522K
100%
Government reliance
Government grants $21K · Total revenue $522K
4%
Earned-income share
Program service revenue $0 · Total revenue $522K
0%
Investment reliance
Investment income $311 · Total revenue $522K
+0.06%
Program self-sufficiency
Program service revenue $0 · Total expenses $345K
0%
Growth & trend
Revenue growth (YoY)
This year $522K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $522K · Expenses $345K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Miriam Locke · Reported title Board President · Highest reported compensation $0 · Total expenses $345K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $345K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 3%
Fundraising cost ratio 1%
Accounting fee ratio 0.6%

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 · ⤓ 990 PDF
FY2023$475K revenue · ⤓ 990 PDF
FY2022$383K revenue · ⤓ 990 PDF
FY2021$482K revenue · ⤓ 990 PDF
FY2020$522K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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