Powered by CharityEZ

Charity report ready

MNC 1240 VALENCIA INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

MNC 1240 VALENCIA INC

EIN 85-3358007 · Youth Development N.E.C. (O99)

What they do

The Purpose of The Corporation is to Hold The Leasehold Intererst In The Property Located At 1240 Valencia Street, SAn Francisco, CA 94102 Which is Leased to MNC.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$172.95spent for every $100 of revenueSpending was higher than revenue this year.
$31.90of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$26.80in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $282,215 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $45,787 for SEBASTIAN ALIOTO (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$386,855
Expenses$669,070
Annual shortfall $282,215 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$213,322 · 31.9% of expenses
See all reported dollar amounts
Revenue$386,855
Expenses$669,070
Assets$17,929,973
Income$386,855
Management and general$213,322
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SEBASTIAN ALIOTOTREASURER $45,787Base · Other $45,787
JOSE A RODRIGUEZBOARD PRESIDENT $5,463Base · Other $5,463

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

SEBASTIAN ALIOTOTREASURER

JOSE A RODRIGUEZBOARD PRESIDENT

ADELA SIC HERNANDEZDIRECTOR

ERICH SCHULZSECRETARY

KAREN SANTOS MAYENDIRECTOR

SANTIAGO RUIZEXECUTIVE DIR.

About this charity

Recognized since
January 2021
Location
362 CAPP STreet, San Francisco, CA 94110
County
City and County of San Francisco
In care of
SEBASTIAN ALIOTO
Primary officer
SEBASTIAN ALIOTO, Treasurer

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
HARSHWAL & COMPANY LLP
NTEE classification
Youth Development N.E.C. (O99)
IRS tax category
Youth Development N.E.C.

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free