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Mvat Foundation A Nonprofit Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270222812 ✦ Sherman oaks, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mvat Foundation A Nonprofit Corporation?

Mvat Foundation A Nonprofit Corporation, located in Sherman Oaks, California, focuses on supporting veterans, service members in transition, military spouses, and Gold Star families. Their primary program, Heroes Linked, engages over 49,000 veterans and volunteer advisors, with approximately 2,000 actively using the mentoring platform. The organization also lists an average of 3,715 open positions for veterans in their jobs section. Additionally, Mvat Foundation collaborates with organizations like the Los Angeles Police Department and Habitat for Humanity to ensure safe housing for aging veterans through the Veteran's Home Repair pilot program. Their mission includes promoting post-military career success for veterans and raising awareness about veterans' issues, sometimes distributing grants to selected charities.


Official website here: www.mvat.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Mvat Foundation boasts an impressive overall score of 90%, reflecting its strong performance in accountability and finance, with a score of 97. The organization effectively allocates a high percentage of its expenses towards programs, indicated by a program expense ratio of 88.51%. Additionally, its ability to gather and utilize constituent feedback is exemplary, showcasing a commitment to community engagement and responsiveness.

Strengths of the Mvat Foundation include its outstanding feedback collection and usage, both rated at 100%, indicating that the organization actively seeks input from its constituents and applies it to improve operations. The foundation also scores well in cultural and community engagement with a rating of 86, emphasizing its dedication to fostering a positive organizational culture and maintaining strong community ties.

However, while the foundation excels in many areas, its impact and measurement score of 76 suggests there may be room for improvement in demonstrating the outcomes of its programs. The equity strategies score of 79 indicates some progress but also highlights the need for continued efforts in inclusivity and equity within its operations and outreach. Overall, Mvat Foundation exhibits a strong commitment to its mission but could benefit from enhanced measurement of its impact.


This AI summary has been generated from information found on Charity Navigator.

Is Mvat Foundation A Nonprofit Corporation legitimate?

Mvat Foundation A Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mvat Foundation A Nonprofit Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $134,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mvat.org

What is the mission statement of Mvat Foundation A Nonprofit Corporation?

The Military and Veterans Appreciation Trust Foundation, in its mission, aids veterans, service members in transition, military spouses, and Gold Star families in their post-military career success through the Heroes Linked program. The organization also raises awareness of veterans' issues through various programs. On a selective basis, it distributes grants to carefully vetted charities to support impactful programs serving veterans and their families. A new initiative introduced in 2022 is the Veteran's Home Repair program, which focuses on ensuring safe housing for aging veterans.


Official website here: www.mvat.org

Who is the CEO of Mvat Foundation A Nonprofit Corporation?

Bob Jerome is the Vice President of Mvat Foundation A Nonprofit Corporation.


Official website here: www.mvat.org

What is the revenue of Mvat Foundation A Nonprofit Corporation?

Mvat Foundation A Nonprofit Corporation's revenue in 2022 was $472,385.


Official website here: www.mvat.org

Who are the executives of Mvat Foundation A Nonprofit Corporation and what are their salaries?

There 14 volunteers at Mvat Foundation A Nonprofit Corporation.


Here are 15 key members and their salaries:


James Colbert (Executive Dir.)
  • Compensation: $134,400
  • Related: $0
  • Other: $0
Doug Berl (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Jerome (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Lynch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Deverill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Appleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yola Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Liss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam O'Neil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sargeant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Schnadig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Schwarz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Seitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mvat.org

Where can I find the form 990 for Mvat Foundation A Nonprofit Corporation?

Mvat Foundation A Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mvat.org

Learn more at the official website: www.mvat.org

Mission Statement of Mvat Foundation A Nonprofit Corporation

The Mvat Foundation A Nonprofit Corporation is committed to supporting veterans, service members in transition, military spouses, and Gold Star families in their post-military careers. This is achieved primarily through the Heroes Linked program, which provides valuable assistance. Additionally, the foundation raises awareness about veterans' issues through various programs. On occasion, it distributes grants to carefully vetted charities to ensure their impactful programs can serve veterans and their families effectively. In a new initiative for 2022, the foundation launched a pilot program called the Veteran's Home Repair program, aimed at ensuring safe housing for aging veterans. Overall, the Mvat Foundation A Nonprofit Corporation works to enhance the lives of veterans and their families, providing career success resources and advocating for their well-being.

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Impact




July, 2024

The Military and Veterans Appreciation Trust Foundation, through its Heroes Linked program and other initiatives, has made a significant impact in assisting veterans, service members in transition, military spouses, and Gold Star families with post-military career success. The Heroes Linked program has successfully engaged over 49,000 veterans and volunteer advisors, with nearly 2,000 actively using the mentoring platform. Additionally, the program lists an average of 3,715 open positions monthly in the Heroes Linked Jobs section, connecting veterans with employment opportunities.

In 2022, the foundation introduced the Veteran's Home Repair pilot program in partnership with Habitat for Humanity, ensuring that aging veterans who are unable to upkeep their homes receive necessary repairs to continue living with dignity. This program was exemplified by the volunteers' work on the home of service-disabled U.S. Air Force veteran Daniel Munoz, Jr. in Whittier, California, garnering extensive media coverage and further awareness of veterans' needs.

Overall, the Military and Veterans Appreciation Trust Foundation's commitment to supporting veterans and their families through practical assistance, awareness programs, and charitable grants has positively impacted the lives of many individuals in the veteran community.




This information is meant to be a general summary of Mvat Foundation A Nonprofit Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$472,385 (2022)
Expenses
$541,366 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $472,385

Assets and Liabilities:

  • Total Assets: $557,540
  • Total Liabilities: $0
  • Net Assets: $557,540

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Organization Details

Founding Year

2009

Principal Officer

Bob Jerome

Main Address

13636 Ventura Blvd 218, Sherman Oaks, CA, 91423

NTEE Category

Code: P12 - Human services

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