Overview
What is Mpt Foundation Inc C/O S Schwertman?
Mpt Foundation Inc C/O S Schwertman is a nonprofit organization with a primary focus on supporting the activities of the Maryland Public Broadcasting Commission (MPT). Situated in Owings Mills, Maryland, the foundation aims to enhance and advance MPT's mission by facilitating fundraising efforts, promoting educational, scientific, charitable, and cultural activities, and providing financial resources for investment. With a small team of nine dedicated individuals, the foundation works tirelessly to boost MPT's general welfare and contribute to their vital public broadcasting services, ultimately enriching the lives of their community.
What are the reviews and ratings of this charity?
Charity Navigator rates Mpt Foundation Inc with an 86%, granting it a Three-Star out of Four Star rating primarily based on a high Accountability & Finance score. This score reflects the organization's commitment to governance practices, including a fully independent board and robust financial oversight mechanisms, with no material diversion of assets reported. However, the score indicates a need for improvement in program expense ratios, suggesting that more funding could be directed toward its service programs.
The nonprofit's strengths lie in its effective management and financial practices, showcasing a well-structured governance model. The low liabilities to assets ratio and high working capital ratio suggest sound financial health, allowing Mpt Foundation Inc to maintain operational stability.
While user reviews from GreatNonprofits could not be fetched, potential donors and supporters may wish to consider the organization’s efficient financial practices alongside its overall program spending to gauge its effectiveness in meeting its charitable goals. Thus, interested parties are encouraged to investigate further to fully understand the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Mpt Foundation Inc C/O S Schwertman legitimate?
Mpt Foundation Inc C/O S Schwertman is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mpt Foundation Inc C/O S Schwertman 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: $108,087
Other Salaries and Wages: $508,286
For more financial information, click here
What is the mission statement of Mpt Foundation Inc C/O S Schwertman?
The Mpt Foundation Inc C/O S Schwertman's mission is centered around supporting the objectives of the Maryland Public Broadcasting Commission (MPT). The primary role of the foundation is to facilitate fundraising programs and contributions from private sources, aiming to enhance the general welfare of MPT. Additionally, the foundation works to promote, sponsor, and implement educational, scientific, charitable, and cultural activities that benefit MPT. Lastly, the foundation accumulates funds for investment, using both the principal and income to support activities that further the mission of MPT.
Who is the CEO of Mpt Foundation Inc C/O S Schwertman?
Larry D Unger is the President of Mpt Foundation Inc C/O S Schwertman.
What is the revenue of Mpt Foundation Inc C/O S Schwertman?
Mpt Foundation Inc C/O S Schwertman's revenue in 2022 was $7,324,843.
Who are the executives of Mpt Foundation Inc C/O S Schwertman and what are their salaries?
The average compensation at Mpt Foundation Inc C/O S Schwertman during 2022 was $56,476. There are 9 employees at Mpt Foundation Inc C/O S Schwertman.
Here are 28 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $297,287
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $107,850
- Other: $0
- Compensation: $0
- Related: $141,640
- Other: $0
Where can I find the form 990 for Mpt Foundation Inc C/O S Schwertman?
Mpt Foundation Inc C/O S Schwertman's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mpt Foundation Inc C/O S Schwertman
The Mpt Foundation Inc C/O S Schwertman is a nonprofit organization with a mission to support and promote the objectives of the Maryland Public Broadcasting Commission (MPT). This foundation endeavors to facilitate fundraising programs and contributions from private sources, fostering and promoting the general welfare of MPT. By doing so, it helps MPT to reach a wider audience and achieve its objectives more effectively.
In addition to fundraising, the Mpt Foundation Inc C/O S Schwertman promotes, sponsors, and implements educational, scientific, charitable, and cultural activities for the benefit of MPT. These activities enrich the programming and content offered by MPT, enhancing its ability to educate, inform, and entertain its viewers. The foundation also accumulates funds to be invested, utilizing the principal and income thereof for activities that further the mission of MPT.
In summary, the Mpt Foundation Inc C/O S Schwertman plays a crucial role in supporting and promoting the objectives of the Maryland Public Broadcasting Commission (MPT). By facilitating fundraising, promoting educational and cultural activities, and investing in initiatives that enhance MPT's mission, the foundation is instrumental in the success and growth of Maryland's public broadcasting service.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of Mpt Foundation Inc C/O S Schwertman is to provide critical support to the Maryland Public Broadcasting Commission (MPT). This support includes facilitating fundraising programs, fostering the general welfare of MPT, promoting educational, scientific, charitable, and cultural activities, as well as accumulating and providing funds to enhance and further the mission of MPT. Through its activities, the foundation plays a key role in ensuring the sustainability and growth of MPT's initiatives in arts and public broadcasting.
This information is meant to be a general summary of Mpt Foundation Inc C/O S Schwertman. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $324,749
- Gross Receipts: $8,800,437
Assets and Liabilities:
- Total Assets: $15,645,200
- Total Liabilities: $109,215
- Net Assets: $15,535,985
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(410) 581-4030Principal Officer
Larry D Unger
Main Address
11767 OWINGS MILLS BLVD, OWINGS MILLS, MD, 211171499
NTEE Category
Code: A113 - Arts
If you are a representative of Mpt Foundation Inc C/O S Schwertman and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.