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Nonprofit · EIN 85-2481994

MV3 FOUNDATION

Tax-exempt · CARMICHAEL, CA 95608

Financials

$131K$28K2023$380K$72K2024$558K$147K2025
Revenue Expenses · by fiscal year end
Financials of MV3 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$558,258$146,970$411,288$916,676$0$916,676
December 31, 2024990$380,055$71,821$308,234$505,388$0$505,388
December 31, 2023990-EZ$131,075$27,774$103,301$197,264$110$197,154
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$558,258
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$133,579
Salaries, compensation and benefits (total)
$133,579
Professional fundraising fees
$0
Program services (functional)
$146,970

Balance sheet and other

Total assets, start of year
$505,388
Total assets, end of year
$916,676
Total liabilities, end of year
$0
Net assets, end of year
$916,676
Net assets without donor restrictions
$916,676
Gross receipts
$558,258
Employees
3
Year formed
2020
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Ashley KyalwaziExecutive Dir.
Officer
0$0
Stephanie HeywardFinance Dir
Officer
0$0
Leonard NetteyCOO
Officer
0$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Ashley KyalwaziExecutive Dir.
Officer
0$0
Stephanie HeywardFinance Dir
Officer
0$0
Leonard NetteyCOO
Officer
0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Ashley KyalwaziExecutive Dir.0$0
Stephanie HeywardFinance Dir0$0
Leonard NetteyCOO0$0
Best UcheharaProfessional De0$0
Isaiah Holloway JrProgram Directo0$0
Tola IbikunleAdmin Director0$0

Address and contacts

Address (IRS master file)
5100 PARQUE VISTA WAY, CARMICHAEL, CA 95608-5474
In care of
% ASHLEY KYALWAZI
Mailing address (990-N for 2021)
5100 Parque Vista Way, Carmichael CA 95608
Principal officer (990 for 2025)
Ashley Kyalwazi, 5100 Parque Vista Way, Carmichael, CA 95608
Principal officer (990-N for 2021)
Ashley Kyalwazi, 5100 Parque Vista Way, Carmichael CA 95608
Signed the 990
Ashley Kyalwazi, Executive Director
Phone
(916) 215-2616
Return prepared by
ELDER ACCOUNTANCY

California records

California keeps its own records of charities and corporations. Search them by EIN 85-2481994 or by the name MV3 FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Build and empower a community of Black undergraduate scholars across the US who will positively impact the future of health and biomedical sciences through our 3 Pillars: Education, Service and Advocacy.

990 for the year ended December 31, 2025

Program accomplishments

  • To support Black undergraduate students interested in health and biomedical sciences with the tools and supportive community needed to empower scholars to positively impact their communities.
    Expenses $146,970

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-2481994
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B80)
Assets (IRS master file)
$916,676
Income (IRS master file)
$558,258

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$558,258$146,970$916,676IRS
990December 2024$380,055$71,821$505,388XML
990-EZDecember 2023$131,075$27,774$197,264XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Ashley Kyalwazi
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: ASHLEY KYALWAZI
December 31, 2020≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2481994).

Questions about MV3 FOUNDATION

What is the EIN of MV3 FOUNDATION?
The employer identification number (EIN) of MV3 FOUNDATION is 85-2481994.
Is MV3 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MV3 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MV3 FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MV3 FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MV3 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MV3 FOUNDATION?
The 990 for the year ended December 31, 2025 names Ashley Kyalwazi.
Who are the officers and directors of MV3 FOUNDATION?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MV3 FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $558,258, expenses of $146,970 and total assets of $916,676 at year end.

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