# Mnc 1240 Valencia Inc

Youth development nonprofit in San Francisco, California 94110. EIN 85-3358007. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/853358007-mnc-1240-valencia-inc

## Mission (the organization's own words)

> The purpose of the Corporation is to hold the leasehold interest in the property located at 1240 Valencia Street, SAn francisco, CA 94102 which is leased to MNC.

Source: Form 990, year ending Jun 2024: https://projects.propublica.org/nonprofits/organizations/853358007/202501349349300505/full

## IRS facts

- Type: Youth development (IRS activity code O99)
- Tax status: 501(c)(3), contributions deductible, recognized 2021
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Jun 2024 | $378,160 | $434,863 | $12,522,659 | $30,723 | 0 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/853358007/202501349349300505/full) |
| Jun 2023 | $368,991 | $424,577 | $11,313,027 | $87,426 | 0 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/853358007/202401369349310475/full) |

Expense split, year ending Jun 2024: programs $272,073 (63%), management $162,790 (37%), fundraising $0 (0%).

Revenue sources, year ending Jun 2024: gifts and grants $0, program fees $363,344, investment income $14,816.

Growth label: **Steady** (about +2% a year, Jun 2023 to Jun 2024). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 39 of 160 youth development nonprofits in San Francisco.
- Revenue $386,855 is higher than roughly 60 to 70% of 1,664 youth development nonprofits in California; median $169,823.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- San Francisco County, California: about 111,757 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 370 youth and community nonprofits in this directory in the county: 3.3 per 1,000 children.
- Licensed programs in San Francisco: 379 licensed child care centers, 21 school-age programs: https://backpr.com/find/california/san-francisco
- California rules: https://backpr.com/resources/states/california

## Questions

**What is Mnc 1240 Valencia Inc's EIN?**

Mnc 1240 Valencia Inc's EIN (Employer Identification Number) is 85-3358007. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Mnc 1240 Valencia Inc a nonprofit?**

Yes. The IRS lists Mnc 1240 Valencia Inc in San Francisco, California as tax-exempt under section 501(c)(3), recognized since 2021. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Mnc 1240 Valencia Inc tax-deductible?**

Yes, the IRS lists gifts to Mnc 1240 Valencia Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Mnc 1240 Valencia Inc do?**

In its own words on its Form 990 for the year ending Jun 2024: "The purpose of the Corporation is to hold the leasehold interest in the property located at 1240 Valencia Street, SAn francisco, CA 94102 which is leased to MNC." The IRS classifies it as: Youth development.

**How much money does Mnc 1240 Valencia Inc take in?**

For the year ending Jun 2024, Mnc 1240 Valencia Inc reported total revenue of $378,160 and total expenses of $434,863 on its Form 990 (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.
