Nonprofit · EIN 85-3956823
MOMENTUM & VALUE FOR PEOPLE OF COLOR INC
Tax-exempt · KINNELON, NJ 07405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $71,541 | $111,247 | -$39,706 | $23,024 | – | $23,024 |
| December 31, 2024 | 990-EZ | $142,911 | $150,907 | -$7,996 | $62,730 | – | $62,730 |
| December 31, 2023 | 990-EZ | $142,000 | $155,252 | -$13,252 | $70,726 | – | $70,726 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $70,088
- Investment income
- $743
- Net income from fundraising events
- $710
Expenses
- Compensation of officers, directors and key employees
- $88,275
- Salaries, compensation and benefits (total)
- $95,499
- Professional fees and payments to contractors
- $2,000
- Other expenses
- $13,748
- Program services (functional)
- $111,847
Balance sheet and other
- Total assets, start of year
- $62,730
- Total assets, end of year
- $23,024
- Total liabilities, end of year
- –
- Net assets, end of year
- $23,024
- Cash, savings and investments
- $23,024
- Gross receipts
- $72,141
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIGUEL VALENTIN | Executive Dir. | 40 | $88,275 |
| CHRISTINE SAKDALAN | CEO | 1 | $0 |
| SERENE HENNION | Director | 1 | $0 |
| TINA CHANG | COO | 1 | $0 |
| VINA REDDY | Trustee | 0 | $0 |
| BOB BROOKS | Trustee | 1 | $0 |
| IAN MATTHEW-CLAYTON | Trustee | 0 | $0 |
| GRETCHEN BAKHSHAI | Director | 1 | $0 |
| KAREN MCFARLANE | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIGUEL VALENTIN | Executive Dir. | 40 | $120,000 |
| CHRISTINE SAKDALAN | CEO | 1 | $0 |
| SERENE HENNION | Director | 1 | $0 |
| TINA CHANG | COO | 1 | $0 |
| BOB BROOKS | Trustee | 1 | $0 |
| GRETCHEN BAKHSHAI | Director | 1 | $0 |
| KAREN MCFARLANE | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIGUEL VALENTIN | Executive Dir. | 40 | $110,692 |
| CHRISTINE SAKDALAN | CEO | 1 | $0 |
| SERENE HENNION | Director | 1 | $0 |
| TINA CHANG | COO | 1 | $0 |
| KISHANE DAVIS | Vice President | 1 | $0 |
| BOB BROOKS | Director | 1 | $0 |
| JEFF ROTHSTEIN | Director | 1 | $0 |
| DONALD BAINES | Director | 1 | $0 |
| GRETCHEN BAKHSHAI | Director | 1 | $0 |
| KAREN MCFARLANE | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 43 HILLTOP RD, KINNELON, NJ 07405-2190
- In care of
- % SERENE HENNION
- Signed the 990-EZ
- MIGUEL VALENTIN, Executive Dir.
- Return prepared by
- CULLARI CARRICO LLC
Mission
MVP is a non-profit organization and movement to help young Black, Asian, and Hispanic individuals PREPARE, PERFORM, PROGRESS, and PROSPER in their education, leadership, and early professional careers.
Program accomplishments
- Mentor, identify and create opportunities as well as promote, sponsor and champion our young Black, Asian, and Hispanic individuals.Expenses $111,847
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-3956823
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $23,024
- Income (IRS master file)
- $72,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $71,541 | $111,247 | $23,024 | XML |
| 990-EZ | December 2024 | $142,911 | $150,907 | $62,730 | XML |
| 990-EZ | December 2023 | $142,000 | $155,252 | $70,726 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
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 85-3956823).
Questions about MOMENTUM & VALUE FOR PEOPLE OF COLOR INC
- What is the EIN of MOMENTUM & VALUE FOR PEOPLE OF COLOR INC?
- The employer identification number (EIN) of MOMENTUM & VALUE FOR PEOPLE OF COLOR INC is 85-3956823.
- Is MOMENTUM & VALUE FOR PEOPLE OF COLOR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MOMENTUM & VALUE FOR PEOPLE OF COLOR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOMENTUM & VALUE FOR PEOPLE OF COLOR INC 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 MOMENTUM & VALUE FOR PEOPLE OF COLOR INC 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 MOMENTUM & VALUE FOR PEOPLE OF COLOR INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MOMENTUM & VALUE FOR PEOPLE OF COLOR INC?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $88,275 (MIGUEL VALENTIN, Executive Dir.).
- How much revenue does MOMENTUM & VALUE FOR PEOPLE OF COLOR INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $71,541, expenses of $111,247 and total assets of $23,024 at year end.
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