MOUNTAIN VIEW EDUCATIONAL FOUNDATION
MOUNTAIN VIEW EDUCATIONAL FOUNDATION
EIN: 77-0006770
as of September 2024
as of September 09, 2024
Mission
MVEF (MOUNTAIN VIEW EDUCATIONAL FOUNDATION) WORKS COLLABORATIVELY WITH THE COMMUNITY TO RAISE FUNDS FOR ESSENTIAL PROGRAMS WITH A GOAL OF ENSURING A WELL-ROUNDED EDUCATION FOR ALL MOUNTAIN VIEW WHISMAN SCHOOL DISTRICT STUDENTS.
Ruling year
1984
Executive Director
Dena Seki
Main address
PO BOX 391557
Mountain View, CA 94039 USA
EIN
77-0006770
Elementary and secondary education
Education
Population served
Children and youth
NTEE code
Fund Raising and/or Fund Distribution (B12)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
MVEF was created in 1984 to bridge the gap between state education funding and the real cost of educating our children. Property and parcel taxes provide for salaries and facilities, as well as core academic programs, but fall short in creating the robust learning environment that our students need. In collaboration with the Mountain View Whisman School District and the parent community, we focus on programs that ensure a well-rounded and competitive education for all students. MVEF funds core programs in art, music, science, and athletics, as well as middle school extended day electives.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Support of Mountain View Whisman School District
MVEF was created in 1984 to bridge the gap between state education funding and the real cost of educating our children. Property and parcel taxes provide for salaries and facilities, as well as core academic programs, but fall short in creating the robust learning environment that our students need. In collaboration with the Mountain View Whisman School District and the parent community, we focus on programs that ensure a well-rounded and competitive education for all students. MVEF funds core programs in art, music, science, and athletics, as well as middle school extended day electives. For the first time in 2022-2023 (because of increased MVEF funding in the previous year) the school district was able to hire one additional English Language Arts teacher in each middle school, resulting in smaller class sizes.
Where we work
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome, It is hard to come up with good questions to ask people
Financials
Revenue vs. expenses: breakdown
Liquidity in 2023 info
0.00
Months of cash in 2023 info
10.1
Fringe rate in 2023 info
8%
Funding sources info
Assets & liabilities info
Financial data
MOUNTAIN VIEW EDUCATIONAL FOUNDATION
Revenue & expensesFiscal Year: Jul 01 - Jun 30
MOUNTAIN VIEW EDUCATIONAL FOUNDATION
Balance sheetFiscal Year: Jul 01 - Jun 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
This snapshot of MOUNTAIN VIEW EDUCATIONAL FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $170,097 | $191,056 | -$392,510 | $546,214 | $66,324 |
| As % of expenses | 20.0% | 21.0% | -28.9% | 159.4% | 5.7% |
| Unrestricted surplus (deficit) after depreciation | $170,097 | $191,056 | -$392,510 | $546,214 | $66,324 |
| As % of expenses | 20.0% | 21.0% | -28.9% | 159.4% | 5.7% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $1,017,728 | $1,093,089 | $856,151 | $1,174,832 | $1,306,308 |
| Total revenue, % change over prior year | 26.9% | 7.4% | -21.7% | 37.2% | 11.2% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.4% | 0.4% | 0.5% | 0.5% | 0.5% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 97.6% | 97.7% | 97.4% | 91.7% | 99.5% |
| Other revenue | 2.0% | 1.9% | 2.2% | 7.8% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $851,869 | $909,442 | $1,359,128 | $342,635 | $1,173,807 |
| Total expenses, % change over prior year | 17.1% | 6.8% | 49.4% | -74.8% | 242.6% |
| Personnel | 6.5% | 6.2% | 4.0% | 17.1% | 10.5% |
| Professional fees | 0.6% | 0.4% | 0.6% | 0.6% | 0.8% |
| Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 87.9% | 90.0% | 92.4% | 72.7% | 85.8% |
| All other expenses | 5.0% | 3.4% | 3.0% | 9.5% | 3.0% |
| Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $851,869 | $909,442 | $1,359,128 | $342,635 | $1,173,807 |
| One month of savings | $70,989 | $75,787 | $113,261 | $28,553 | $97,817 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
| Total full costs (estimated) | $922,858 | $985,229 | $1,472,389 | $371,188 | $1,271,624 |
Capital structure indicators
| Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Months of cash | 5.4 | 7.5 | 0.7 | 29.7 | 10.1 |
| Months of cash and investments | 14.1 | 15.4 | 7.3 | 51.7 | 16.8 |
| Months of estimated liquid unrestricted net assets | 5.4 | 7.6 | 1.6 | 25.5 | 9.2 |
| Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $384,919 | $571,602 | $78,244 | $847,110 | $984,135 |
| Investments | $616,502 | $592,759 | $743,657 | $627,687 | $657,363 |
| Receivables | $0 | $5,000 | $4,500 | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 | $0 | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% |
| Unrestricted net assets | $384,535 | $575,591 | $183,081 | $729,295 | $897,491 |
| Temporarily restricted net assets | $51,808 | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | $564,695 | N/A | N/A | N/A | N/A |
| Total restricted net assets | $616,503 | $592,759 | $642,135 | $744,007 | $744,007 |
| Total net assets | $1,001,038 | $1,168,350 | $825,216 | $1,473,302 | $1,641,498 |
Key data checks
| Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Dena Seki
Number of employees
Source: IRS Form 990
MOUNTAIN VIEW EDUCATIONAL FOUNDATION
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
MOUNTAIN VIEW EDUCATIONAL FOUNDATION
Board of directorsas of 09/08/2024
Board of directors data
Dwight Rodgers
Sraddha Shukla
Aishwarya Rengan
Rohan Taneja
Dwight Rodgers
Shilpa Sharma
Alane Kataria
Silja Paymer
Walky Goode
Khalil Bensassi
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 08/23/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We disaggregate data by demographics, including race, in every policy and program measured.
- We use a vetting process to identify vendors and partners that share our commitment to race equity.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
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