Mbl Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Mbl Foundation Inc is a 501(c)(3) organization based in Richmond, Virginia, registered in 2013, with $1,069,660 in FY2023 revenue. CharityIndex grades it C+.
115 E Marshall St, Richmond, VA, 23219 EIN 77-0698911 Since 2013
Revenue (FY2023)
$1.1M
▲ 10.4% vs prior year
Community median: $184K
Expenses (FY2023)
$568K
Net assets
$467K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mbl Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +47% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mbl Foundation Inc: 10 mo reserves · +47% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mbl Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mbl Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 115 E Marshall St, Richmond, VA, 23219
- City
- Richmond
- State
- Virginia
- Subcategory
- Business & Industry Associations
Financial trends
Revenue grew from $264K (FY2017) to $1.1M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $915KNet assets $467K
Operating margin
46.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$915K
Net assets
$467K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,069,660▲10.4% | $567,886▲51.0% | $466,984▼42.1% | $1,381,589▲38.1% | 990 |
| 2022 | $969,223▼33.5% | $376,163▼46.8% | $806,140▼21.9% | $1,000,747▼16.9% | 990 |
| 2021 | $1,458,044▲4.1% | $707,031▲20.7% | $1,032,158▲51.9% | $1,204,782▲45.2% | 990 |
| 2020 | $1,400,528▲139% | $585,732▲224% | $679,291▲1022% | $829,862▲167% | 990 |
| 2019 | $586,816▲83.7% | $181,036▲50.6% | $60,546▲191% | $310,376▲372% | 990 |
| 2018 | $319,433▲21.1% | $120,241▼40.3% | -$66,444▼26.3% | $65,809▲366% | 990 |
| 2017 | $263,881 | $201,293 | -$52,625 | $14,130 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $835K total
13 grants to Mbl Foundation Inc totaling $835K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Economic prosperity | 2024 | $121,000 |
| Sentara Health | Community engagement, education, other social determinants | 2024 | $20,000 |
| The Community Foundation Inc | Economic prosperity | 2023 | $133,000 |
| The Pauley Family Foundation | General operating funds to support youth entrepreneurship programming | 2023 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $15,000 |
| The Community Foundation Inc | Economic prosperity | 2022 | $72,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $15,000 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2021 | $250,000 |
| The Community Foundation Inc | General purposes | 2021 | $90,380 |
| Local Initiatives Support Corporation | See part iv | 2020 | $32,500 |
| The Community Foundation Inc | Financial support for minority-owned businesses,to support small, women and minority-owned businesses with the needed business resources, training, financial counseling, capital, and assistance to strategically sustain and recover from the impact of covid-19.,general purposes | 2020 | $31,000 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2020 | $25,000 |
| Thrivent Financial For Lutherans | General support | 2020 | $5,243 |
Similar organizations in Community
Community
Nonprofit Risk Management Center
Leesburg, VA
$1.1M
Bannual revenue
Community
Black Brand
Norfolk, VA
$1.1M
Dannual revenue
Community
Health Care Alliance For Patient Safety Inc
Alexandria, VA
$1.1M
C+annual revenue
Community
Air Conditioning Contractors of America
Alexandria, VA
$1.0M
Bannual revenue
Community
Community Ix Holdings Inc
Richmond, VA
$1.1M
Bannual revenue
Community
Internet Infrastructure Coalition Inc
Richmond, VA
$1.0M
C+annual revenue
- Community
Financial Data Exchange
Fairfax, VA
$1.1M
annual revenue
Community
Presidents Forum of the Beverage Alcohol Industry
Vienna, VA
$1.1M
Bannual revenue
Community
Tuckahoe Womans Club
Richmond, VA
$1.0M
Bannual revenue
- Community
Smithfield Va Events
Smithfield, VA
$1.1M
C+annual revenue
Compare Mbl Foundation Inc
Frequently asked questions
- Is Mbl Foundation Inc a legitimate nonprofit?
- Yes. Mbl Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0698911, based in Richmond, Virginia. Donations are tax-deductible.
- What is Mbl Foundation Inc's EIN?
- Mbl Foundation Inc's Employer Identification Number (EIN) is 77-0698911.
- How much revenue does Mbl Foundation Inc report?
- Mbl Foundation Inc reported $1,069,660 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mbl Foundation Inc have?
- CharityIndex grades Mbl Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Richmond
Explore more
Data for Mbl Foundation Inc (EIN 77-0698911) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.