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Mgba Inc

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

EIN: 432111568 ✦ Mableton, GA ✦ Designated as a 501(c)(3)

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Overview

What is Mgba Inc?

Mgba Inc, located in Mableton, Georgia, is a dedicated nonprofit organization that focuses on empowering youth from underserved communities. Their primary mission is to offer these young individuals an opportunity to participate in various baseball leagues, including youth, recreational, and travel teams. Beyond the sport, Mgba Inc provides essential supporting services, such as coaching, mentoring, tutoring, and scholarship assistance. These additional resources aim to enhance the athletes' overall development, ensuring they receive the necessary guidance and financial aid to succeed both on and off the field.


Official website here: www.mgba.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Mgba Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With an overall score calculated from a single beacon score, the organization received a perfect 100% in all related metrics, indicating transparency and effective governance. The fiscal year 2022 data showcases a commitment to good practices, including a fully independent board and established policies for conflicts of interest and whistleblower protections.

The organization’s financial health is also commendable, with a program expense ratio of 75.11%, meaning a significant portion of its funds is directed towards its programs rather than administrative costs. Moreover, the liabilities to assets ratio of 26.39% further highlights the nonprofit’s financial stability. With no reported material diversion of assets and well-maintained documentation practices, Mgba Inc exemplifies reliability and integrity in its operations.

Overall, Mgba Inc stands out for its strong governance structure and financial management, making it a viable option for donors looking to support a nonprofit that prioritizes accountability. The organization has no notable limitations or areas of concern based on the available data, positioning it favorably in the nonprofit sector.


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

Is Mgba Inc legitimate?

Mgba Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mgba Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mgba.org

What is the mission statement of Mgba Inc?

MGBA Inc, as an organization, is committed to offering opportunities for youths residing in underprivileged communities to participate in youth, recreational, and travel baseball leagues. In addition to providing a platform for competition, MGBA offers coaching, mentoring, and tutoring services to enhance their athletes' skills and knowledge. Furthermore, the organization extends scholarship assistance to these athletes to help alleviate any financial barriers they may face.


Official website here: www.mgba.org

Who is the CEO of Mgba Inc?

Marquis Grissom is the President of Mgba Inc.


Official website here: www.mgba.org

What is the revenue of Mgba Inc?

Mgba Inc's revenue in 2022 was $805,999.


Official website here: www.mgba.org

Who are the executives of Mgba Inc and what are their salaries?

There 20 volunteers at Mgba Inc.


Here are 7 key members and their salaries:


Marquis Grissom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharron Hastie-Grissom (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Diaz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Petties (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Levy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sabrina Jenkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Hinton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mgba.org

Where can I find the form 990 for Mgba Inc?

Mgba Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mgba.org

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

Mission Statement of Mgba Inc

Mgba Inc, a nonprofit organization, is dedicated to offering a unique opportunity for youths residing in underserved communities. Its mission is twofold: to permit these young individuals to participate in youth, recreational, and travel baseball leagues, and to provide them with essential support services beyond the sport. This encompasses coaching and mentoring, aimed at instilling valuable life skills, as well as tutoring services to enhance their academic performance. Furthermore, the organization extends its support by offering scholarship assistance to deserving athletes. In essence, Mgba Inc is committed to empowering and uplifting the lives of young people in disadvantaged communities through the medium of baseball and holistic developmental programs.

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Impact




July, 2024

Mgba Inc positively impacts youths in underserved communities by providing them with the opportunity to compete in youth, recreational, and travel baseball leagues. The organization offers coaching, mentoring, and tutoring services, as well as scholarship assistance to the athletes. Through their dedicated efforts, Mgba Inc contributes to the development and success of young individuals who may not have had access to such opportunities otherwise.




This information is meant to be a general summary of Mgba 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
$805,999 (2022)
Expenses
$566,176 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $13,505
  • Gross Receipts: $805,999

Assets and Liabilities:

  • Total Assets: $522,790
  • Total Liabilities: $138,000
  • Net Assets: $384,790

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Fees

Revenue

$13,505

Organization Details

Founding Year

2008

Principal Officer

Marquis Grissom

Main Address

1400 Veterans Memorial Hwy SE, Mableton, GA, 30126

NTEE Category

Code: N63 - Recreation

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