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Maysville Initiatives Inc

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

EIN: 311545887 ✦ Maysville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Maysville Initiatives Inc?

Maysville Initiatives Inc is a nonprofit organization, although the specifics of its activities or mission are not provided in the information given. The description suggests that access to more information about the organization is limited for unregistered users, implying that further details might be available upon registration. As of now, we can only infer that Maysville Initiatives Inc is a nonprofit organization, but its goals, objectives, and impact remain unclear.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Maysville Initiatives Inc has earned a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's high score is indicative of effective financial management, with a program expense ratio of 95.92%, demonstrating that the majority of its resources are allocated directly to its programs.

The organization boasts a fully independent board consisting of five members, which is a positive indicator of governance. It also demonstrates compliance with transparency standards, such as having its tax form posted on its website and maintaining detailed board meeting minutes. The absence of any material diversion of assets further highlights the charity's integrity.

However, it is important to note that Maysville Initiatives Inc lacks a whistleblower policy, which may be a limitation in terms of organizational transparency and accountability. Overall, the charity is well-regarded for its financial practices and governance but could enhance its policies to further bolster trust and oversight.


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

Is Maysville Initiatives Inc legitimate?

Maysville Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maysville Initiatives Inc submitted a form 990EZ, 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.

What is the mission statement of Maysville Initiatives Inc?

Maysville Initiatives Inc does not provide a clear mission statement in the given information. However, their description suggests that they limit the number of profile views for unregistered users, implying a focus on user registration and potentially data management or access control. Without more specific information, it is challenging to provide a detailed mission statement summary.

Who is the CEO of Maysville Initiatives Inc?

David Sugarbaker is the Treasurer of Maysville Initiatives Inc.

What is the revenue of Maysville Initiatives Inc?

Maysville Initiatives Inc's revenue in 2023 was $111,729.

Who are the executives of Maysville Initiatives Inc and what are their salaries?


Here are 5 key members and their salaries:


David Cartmell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Paul (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Srinivasan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sugarbaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Wood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Maysville Initiatives Inc?

Maysville Initiatives Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Maysville Initiatives Inc

Maysville Initiatives Inc, as per the information provided, does not have a stated mission or activity description. Therefore, I'm unable to provide a summary or paraphrase of their mission. The data available only contains a message for unregistered users to create a free account to access more profile views.

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Impact




October, 2024

Maysville Initiatives Inc. significantly contributes to the improvement and revitalization of the Maysville, KY community. Through dedicated efforts in community engagement and development, the organization addresses local needs and fosters a sense of unity among residents. Its initiatives aim to enhance the quality of life, promote economic growth, and inspire community pride. By focusing on collaboration and innovative solutions, Maysville Initiatives Inc. plays a crucial role in driving positive change and creating a vibrant community environment.




This information is meant to be a general summary of Maysville Initiatives Inc. 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
$111,729 (2023)
Expenses
$148,829 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,195
  • Gross Receipts: $111,729

Assets and Liabilities:

  • Total Assets: $388,497
  • Total Liabilities: $6,548
  • Net Assets: $381,949

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Organization Details

Principal Officer

David Sugarbaker

Main Address

33 WEST SECOND STREET 3RD FLOOR, MAYSVILLE, KY, 41056

NTEE Category

Code: S20 - Community improvement

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