Mp Can DO INC EIN 94-3225882

Mp Can DO INC

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Provides safe, affordable housing and fosters diverse, respectful communities for those in need. For fiscal year 2024 it reported $44K in revenue, $6K in expenses, and $712K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Foster City, CA
Website
www.midpen-housing.org
Filings
5 on file (2020–2024)
Revenue
$44KFY2024
Expenses
$6K
Net assets
$712K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-3225882 Public charity (501(c)(3)) Foster City, CA
Form 990 (PDF)
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Size
<$100K
What they do
Provides safe, affordable housing and fosters diverse, respectful communities for those in need.
Leadership
Angah Miessi · Vice President
Money in and out
$44K revenue, $6K expenses
Bottom line
29% program efficiency
Where the money goes · FY2024
Total revenue
$44K
Pt VIII · Ln 12
Total expenses
$6K
Pt IX · Ln 25
Net assets
$712K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.29 Management & general $0.71
Program efficiency
29%
of spending reaches programs▼ -68% vs prior filing year
Operating runway
16.5mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+86%
revenue over expenses, this year▲ +108% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$44K
FY2024▲ +154%
Expenses
$6K
FY2024▼ -38%
Total assets
$765K
FY2024▲ +4%
Total liabilities
$53K
FY2024▼ -15%
Total revenue
$44K
Pt VIII · Ln 12
Total expenses
$6K
Pt IX · Ln 25
Net assets
$712K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$765K
Program-expense ratioPt IX · col B29%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $2K of program spending, described in the organization's own filed words · FY2024.
01

The organization serves as the managing general partner in gloria wayassociates, a partnership that provides affordable housing to lowincome persons.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMp Can DO INC
EINHdr · item D94-3225882
Principal addressHdr · item CFoster City, CA
WebsiteHdr · item Jwww.midpen-housing.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFMar 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
CFO and Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$42K · 97%
Investment income$1K · 3%
Program service revenue97%$42K
Investment income3%$1K
Total revenueLn 12$44K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.29 Management & general $0.71
Program services29%$2K
Management & general71%$4K
Total functional expensesLn 25$6K

Balance Sheet

Part X · end of year
CashLn 1$9K
Total assetsLn 16$765K
Total liabilitiesLn 26$53K
Total net assetsLn 32$712K
Months of cash on handcomputed16.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9K · Operating expenses/yr $6K
16.5 months
Where the money goes
Program services
Program services $2K · Total expenses $6K
29%
Management & General
Management & general $4K · Total expenses $6K
71%
Fundraising
Fundraising $0 · Total expenses $6K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $44K
0%
Government reliance
Government grants — · Total revenue $44K
Earned-income share
Program service revenue $42K · Total revenue $44K
97%
Investment reliance
Investment income $1K · Total revenue $44K
+3%
Program self-sufficiency
Program service revenue $42K · Total expenses $6K
669%
Growth & trend
Revenue growth (YoY)
This year $44K · Prior year $17K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $50K · FY2024 $44K
-4%
Net-asset trend (YoY)
End of year $712K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $44K · Expenses $6K
+86%
Liabilities-to-Assets
Total liabilities — · Total assets $765K
Net-asset ratio
Net assets $712K · Total assets $765K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $765K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Angah Miessi · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $6K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $6K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 29%
Overhead ratio 71%
Revenue growth 154%
Accounting fee ratio 71%

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 · this organization's grantmaking
Grants paid · 4 grants · $110K · 2020–2022
Epa Can DOCA · FY2022$26,986
Epa Can DOCA · FY2021$27,871
Midpen Housing CorporationCA · FY2021$26,986
Midpen Housing CorporationCA · FY2020$27,871

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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)$44K revenue · viewing · ⤓ 990 PDF
FY2023$17K revenue · ⤓ 990 PDF
FY2022$672K revenue · ⤓ 990 PDF
FY2021$40K revenue · ⤓ 990 PDF
FY2020$50K 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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