STRATEGY STUDIO / PUBLIC DATA EXPLORER

MBI EDUCATIONAL FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MBI EDUCATIONAL FOUNDATION INC (EIN 54-2005704)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-29
IRS object ID
202202729349100310
Schema version
2021v4.0
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)
Return2022-09-29T11:22:26-04:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541896113PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROBINSON FARMER COX ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 HEDGEROW DRAddressLine1Txt
CitySTAUNTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP24401ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN542005704EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MBI EDUCATIONAL FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMBIEBusinessNameControlTxt
Phone4342963288PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1285 HYDRAULIC RIDGE RD SUITE 6AddressLine1Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22901ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVEN WILLIAMSPersonNm
Person TitleEXEC. DIRECTORPersonTitleTxt
Phone4342963288PhoneNum
Signature2022-09-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEVEPersonFirstNm
Person LastWILLIAMSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAIDEE BEGOONPreparerPersonNm
PTINP00519183PTIN
Phone5402487300PhoneNum
Preparation2022-09-29PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$129,341FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$38,040ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$38,040TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$190LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$190LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$15,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$15,000OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,215TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$16,215TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$22,715TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$22,715TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$15,325ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$109,167CashBOYAmt
Cash EOY$120,102CashEOYAmt
Cash EOYFMV$120,101CashEOYFMVAmt
Other Assets BOY$4,850OtherAssetsBOYAmt
Other Assets EOY$9,240OtherAssetsEOYAmt
Other Assets EOYFMV$9,240OtherAssetsEOYFMVAmt
Total Assets BOY$114,017TotalAssetsBOYAmt
Total Assets EOY$129,342TotalAssetsEOYAmt
Total Assets EOYFMV$129,341TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$114,017RetainedEarningBOYAmt
Retained Earning EOY$129,342RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$114,017TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$129,342TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$114,017TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$129,342TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$114,017TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$15,325ExcessRevenueOverExpensesAmt
Subtotal$129,342SubtotalAmt
Tot Net Ast Or Fund Balances EOY$129,342TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressHTTP://WWW.MODULAR.ORG/FOUNDATIONWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1HARDIMAN-WILLIAMS LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4342963288PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1285 HYDRAULIC RIDGE ROADAddressLine1Txt
Address Line2SUITE 6AddressLine2Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22901ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
MIKE RHOADES
2830 BARRETT AVEPERRISCA92571SEC./TREAS.1.00$0$0$0
STEVEN WILLIAMS
285 HYDRAULIC RIDGE ROAD SUITE 6CHARLOTTESVILLEVA22901EXEC. DIRECT1.00$0$0$0
KELLY WILLIAMS
8431 ZINC ROADKNOXVILLETN37938CHAIR1.00$0$0$0
KATHY WILMOT
5812 ALLENDER RDWHITE MARSHMD21162VICE CHAIR1.00$0$0$0
BRAD GUDEMAN
1201 SOUTH MOUNTAIN ROADJOPPAMD21085DIRECTOR1.00$0$0$0
MAURY TIERNAN
1360 NORTH HANCOCK STREETANAHEIMCA92807DIRECTOR1.00$0$0$0
RALPH TAVARES
11590 WEST BERNARDO COURT SUITE 100SAN DIEGOCA92127DIRECTOR1.00$0$0$0
MICHAEL BOLLERO SR
DIRECTOR1.00$0$0$012600 NORTH FEATHERWOOD SUITE 450HOUSTONAF77034
KENT ANDERSON
490 17TH AVE DR NEHICKORYNC28601DIRECTOR1.00$0$0$0
CIFF CORT
194 AYER ROADLITTLETONMA01460DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE FOUNDATION DEVELOPS CLASSES FOR THE ADVANCED EDUCATION AND TRAINING IN MODULAR CONSTRUCTION METHODS AND TECHNIQUES.Description1Txt
Expenses1$22,715Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$116,943AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$116,943TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$116,943AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,754CashDeemedCharitableAmt
Net Vl Noncharitable Assets$115,189NetVlNoncharitableAssetsAmt
Minimum Investment Return$5,759MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$22,715ExpensesAndContributionsAmt
Qualifying Distributions$22,715QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$22,715QualifyingDistributionsAmt
Remaining Distri From Corpus$22,715RemainingDistriFromCorpusAmt
Total Corpus$22,715TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2001-03-01PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$22,715CurrentYearAmt
Year1$29,610Year1Amt
Year2$33,110Year2Amt
Year3$18,115Year3Amt
Total$103,550TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$22,715CurrentYearAmt
Year1$29,610Year1Amt
Year2$33,110Year2Amt
Year3$18,115Year3Amt
Total$103,550TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$129,341CurrentYearAmt
Year1$114,016Year1Amt
Year2$89,958Year2Amt
Year3$52,043Year3Amt
Total$385,358TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$129,341CurrentYearAmt
Year1$114,016Year1Amt
Year2$89,958Year2Amt
Year3$52,043Year3Amt
Total$385,358TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSTEVEN A WILLIAMSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1285 HYDRAULIC RIDGE RDAddressLine1Txt
Address Line2SUITE 6AddressLine2Txt
CityCHARLOTTESVILLECityNm
State AbbreviationVAStateAbbreviationCd
ZIP229011480ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4342963288RecipientPhoneNum
Form And Info And MaterialsAPPLICATIONS SHOULD BE SUBMITTED DIRECTLY TO THE FOUNDATION. APPLICANTS SHOULD BE ABLE TO SUBMIT COPIES OF SCHOOL TRANSCRIPTS, AT LEAST ONE LETTER OF RECOMMENDATION, AND A PERSONAL STATEMENT.FormAndInfoAndMaterialsTxt
Submission DeadlinesTHE ANNUAL DEADLINE TO APPLY IS JULY 15.SubmissionDeadlinesTxt
Restrictions On AwardsSCHOLARSHIPS ARE LIMITED TO EMPLOYEES OF MBI MEMBER COMPANIES OR EMPLOYEE SPOUSES, CHILDREN, OR GRANDCHILDREN. APPLICANTS MUST BE ENROLLED OR ENROLLING IN A TWO- OR FOUR-YEAR INSTITUTION. ANY COURSE OF STUDY IS ELIGIBLE; IT DOES NOT HAVE TO BE RELATED TO CONSTRUCTION. APPLICANTS SHOULD HAVE AT LEAST A 3.0 HIGH SCHOOL OR COLLEGE GRADE POINT AVERAGE.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
THERESA PISTOCHINI
215 SAGE ST STE 100DAVISCA95616NONEISCHOLARSHIP$2,000
REBECCA DEAN
654 ALWICK AVEWEST ISLIPNY11795NONEISCHOLARSHIP$2,500
CIELOMINA GUMABON
4217 GROVE CIRCLE APT 3LAS VEGASNV89119NONEISCHOLARSHIP$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,500TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcYes (true)SharingOfFacilitiesEtcInd

Transfer Schedule Detail TransferScheduleDetail

FieldValueIRS element (for citing)
Line Number1cLineNumberTxt
Involved$1InvolvedAmt

Noncharitable Exempt Org Name NoncharitableExemptOrgName

FieldValueIRS element (for citing)
Business Name Line1MODULAR BUILDING INSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transfers Trans And Shr ArrngmSHARED FACILITIESTransfersTransAndShrArrngmDesc
FieldValueIRS element (for citing)
Relationships Nonchrtbl EOYes (true)RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1MODULAR BUILDING INSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Organization Type501(C)(6)OrganizationTypeDesc
Relationship DescriptionSHARED FACILITIESRelationshipDescriptionTxt

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
MAURICE TIERNAN
11322 CASITAS CIRCLECORONACA928824503$10,000Yes (X)
GEARY PACIFIC CORPORATION
21360 N HANCOCK STREETANAHEIMCA92807$15,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,000Amt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$190LegalFeesAmt
Disbursements Charitable Prps$190DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescCONTRIBUTIONS HELD BY MBIDesc
BOY Book Value$4,850BOYBookValueAmt
EOY Book Value$9,240EOYBookValueAmt
EOYFMV$9,240EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT OTHER PROFESSIONAL FEESCategoryTxt
Amt$15,000Amt
Disbursements Charitable Prps$15,000DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$25Amt
Disbursements Charitable Prps$25DisbursementsCharitablePrpsAmt