STRATEGY STUDIO / PUBLIC DATA EXPLORER

MTVC INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MTVC INC (EIN 02-0796696)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-06
IRS object ID
202401889349300005
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-06T13:14:10-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN743225039PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Leo J Knighton CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1900A South Main Street Suite 101AddressLine1Txt
CityBel AirCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21014ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020796696EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MTVC IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMTVCBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1719 Wheeler School RoadAddressLine1Txt
CityWhitefordCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21160ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNancy OlchewskyPersonNm
Person TitleTreasurerPersonTitleTxt
Phone4105579305PhoneNum
Signature2024-05-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLeo J KnightonPreparerPersonNm
PTINP00173232PTIN
Phone4108937652PhoneNum
Preparation2024-05-29PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNancy OlchewskyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1719 Wheeler School RdAddressLine1Txt
CityWhitefordCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21160ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$316,549GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionChristian Based Daycare CenterActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$38,085PYContributionsGrantsAmt
CY Contributions Grants$2,000CYContributionsGrantsAmt
PY Program Service Revenue$308,589PYProgramServiceRevenueAmt
CY Program Service Revenue$312,057CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$1,447CYOtherRevenueAmt
PY Total Revenue$346,674PYTotalRevenueAmt
CY Total Revenue$315,504CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$242,741PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$280,056CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$68,028PYOtherExpensesAmt
CY Other Expenses$67,337CYOtherExpensesAmt
PY Total Expenses$310,769PYTotalExpensesAmt
CY Total Expenses$347,393CYTotalExpensesAmt
PY Revenues Less Expenses$35,905PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$31,889CYRevenuesLessExpensesAmt
Total Assets BOY$133,409TotalAssetsBOYAmt
Total Assets EOY$99,460TotalAssetsEOYAmt
Total Liabilities BOY$7,359TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,299TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$126,050NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$94,161NetAssetsOrFundBalancesEOYAmt
MissionProvide quality child care in a positive Christian environment while nurturing and guiding children and their families to know and love God.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$311,750ExpenseAmt
Revenue$312,057RevenueAmt
DescChristian Based Day CareDesc
Total Program Service Expenses$311,750TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee27EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNancy OlchewskyPersonNm
Phone4104529220PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1719 Wheeler SchAddressLine1Txt
CityWhitefordCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21160ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Cindy Poteet
President50Yes (X)Yes (X)$8,300$0$0
Rick Enfield
Vice President50Yes (X)Yes (X)$0$0$0
Kyley Ross
Secretary350Yes (X)Yes (X)$38,408$0$0
NancyOlchewsky
Treasurer50Yes (X)Yes (X)$7,000$0$0
Kim Street
Director50Yes (X)$0$0$0
Sheri Billings
Director50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$53,708TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonNonePersonNm
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,000GovernmentGrantsAmt
Total Contributions$2,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDaycare FeesDesc
Business624410BusinessCd
Total Revenue Column$312,057TotalRevenueColumnAmt
Related Or Exempt Func Income$312,057RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$312,057TotalProgramServiceRevenueAmt
Fundraising Gross Income$2,492FundraisingGrossIncomeAmt
Fundraising Direct Expenses$1,045FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,447TotalRevenueColumnAmt
Exclusion$1,447ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$315,504TotalRevenueColumnAmt
Related Or Exempt Func Income$312,057RelatedOrExemptFuncIncomeAmt
Exclusion$1,447ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$46,707TotalAmt
Program Services$27,503ProgramServicesAmt
Management And General$19,204ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$212,064TotalAmt
Program Services$212,064ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,285TotalAmt
Program Services$19,705ProgramServicesAmt
Management And General$1,580ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,475TotalAmt
Management And General$7,475ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$907TotalAmt
Program Services$907ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,277TotalAmt
Program Services$7,449ProgramServicesAmt
Management And General$828ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$32,195TotalAmt
Program Services$28,976ProgramServicesAmt
Management And General$3,219ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,025TotalAmt
Program Services$3,025ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,607TotalAmt
Program Services$3,116ProgramServicesAmt
Management And General$491ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
Payroll Expenses$2,490$2,490
Operating Expenses$7,901$356$7,545
Snack Items$95$95
Teaching Supplies$1,365$1,365

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$347,393TotalAmt
Program Services$311,750ProgramServicesAmt
Management And General$35,643ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$106,541BOYAmt
EOY$68,451EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,868BOYAmt
EOY$31,009EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$133,409BOYAmt
EOY$99,460EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,359BOYAmt
EOY$5,299EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,359BOYAmt
EOY$5,299EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$126,050BOYAmt
EOY$94,161EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$126,050BOYAmt
EOY$94,161EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$133,409BOYAmt
EOY$99,460EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$31,889ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$9,695CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$38,085CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$79,780TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$9,695CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$38,085CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$79,780TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$79,780PublicSupportTotal170Amt
Total Support$79,780TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI, Section B, Question 11bThe treasurer reviews and approves the Form 990 prior to filing. A copy is made available to all Board Members to review.
Part VI, Section C, Question 19The organization makes its governing documents and Form 990 available to the public upon request.