THE MALAWI PROJECT INC

EIN: 352119416 501(c)(3) International Affairs

LEBANON, IN

Total Revenue
$337,550
Total Expenses
$339,763
Total Assets
$43,758
Net Assets
$43,758
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Phone
5033834626
Tax Period
2023-01-01 to 2023-12-31

THE MALAWI PROJECT INC, founded in 2001, is a small nonprofit in the International Affairs sector that reported $338K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum.

Mission

THE MALAWI PROJECT IS A FAITH BASED HUMANITARIAN ORGANIZATION DEDICATED TO WORKING SIDE-BY-SIDE WITH THE PEOPLE OF MALAWI TO IMPROVE THEIR PHYSICAL AND SPIRITUAL WELLBEING. ASSISTANCE EXTENDS NATIONWIDE, AND IN SOME CASES TO OTHER IMPOVERISHED AFRICAN NATIONS. PROGRAMS ARE STRUCTURED TO HELP DEVELOP INDIVIDUAL AND GROUP INDEPENDENCE, AND WHEN THIS IS NOT POSSIBLE AID IS GIVEN IN A WAY THAT DEVELOPS AND SUPPORTS LOCAL AND REGIONAL MANAGEMENT OF THE VARIOUS PROGRAMS. PROGRAMS FOCUS IN THE AREAS OF AGRICULTURE, EDUCATION, MEDICINE, MOBILITY, FAMINE RELIEF, RESOURCE CONSERVATION, AND HUMAN DEVELOPMENT POTENTIAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $327,129
Program Service Revenue $0
Investment Income $0
Other Revenue $10,421
TOTAL REVENUE $337,550

Expense Breakdown

Grants Paid $247,466
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $321,243
Other Expenses $92,297
TOTAL EXPENSES $339,763

Year-over-Year Comparison

2023 2022 Change
Revenue $337,550 $205,170 +0.6%
Expenses $339,763 $203,577 +0.7%
Net Income $-2,213 $1,593 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANA STEPHENS Director 10.00
Director
$0 $0 $0
DAN BREWER Director 6.00
Director
$0 $0 $0
RON POTTBERG Director 5.00
Director
$0 $0 $0
MARK THIESEN Director 5.00
Director
$0 $0 $0
RICHARD STEPHENS Secretary 40.00
Officer
$0 $0 $0
BRYON BHAGWANDIN Chairman 4.00
Officer
$0 $0 $0
JAMES MESSENGER Treasurer 6.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $337,550 $339,763 $43,758 $-2,213
2022 $205,170 $203,577 $45,971 $1,593
2021 $209,034 $173,666 $44,378 $35,368
2020 $175,055 $173,668 $11,177 $1,387
2019 $158,020 $218,142 $9,790 $-60,122
2018 $162,058 $117,450 $68,104 $44,608
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