MALOTO INC

EIN: 542096241 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,357,414
Total Expenses
$1,409,408
Total Assets
$229,079
Net Assets
$79,917
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Phone
6465766485
Tax Period
2024-07-01 to 2025-06-30

MALOTO INC, founded in 2007, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Maloto, Inc. is a non-profit organization dedicated to improving the lives of some of the most vulnerable women and children in northern Malawi by feeding, educating and empowering. Maloto is rooted in the belief that, through access to education and economic development activities, women and children can improve their quality of life and lift themselves out of poverty. We accomplish this by providing financial and technical assistance to three effective local organizations: Kwithu Womens Group (aka Kwithu CBO), Mzuzu International Academy, and Kwithu Kitchen. Together, these organizations provide a continuum of services that can be accessed throughout a beneficiary's lifetime and also provide a holistic solution for health, educational, social and economic needs.Against this landscape, Maloto, meaning "dreams" in the local language, was formed in 2007 by a group of Malawians living in the United States in direct response to the specific challenges facing their communities in northern

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,356,382
Program Service Revenue $0
Investment Income $0
Other Revenue $1,032
TOTAL REVENUE $1,357,414

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,057
Fundraising Expenses $49,629
Program Expenses $1,243,165
Other Expenses $1,120,351
TOTAL EXPENSES $1,409,408

Year-over-Year Comparison

2024 2023 Change
Revenue $1,357,414 $1,100,874 +0.2%
Expenses $1,409,408 $1,124,509 +0.3%
Net Income $-51,994 $-23,635 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
3
Volunteers
14

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANA MSOWOYA KEYS PRESIDENT 40.00
$92,000 $0 $92,000
JOHN KEYS COO 40.00
$74,000 $0 $74,000
LIZA NUGENT Executive Dir. 40.00
Director
$0 $0 $0
VICTORIA HARMON Director 1.00
Director
$0 $0 $0
CLAIRE JOHNSTON Chairman 5.00
Officer Director
$0 $0 $0
JACOB KOSHLAND Treasurer 5.00
Officer Director
$0 $0 $0
PHLYSSA KOSHLAND Director 1.00
Director
$0 $0 $0
NELSON CHIKUSA Director 0.00
Director
$0 $0 $0
DANIEL ANDROUIN Director 1.00
Director
$0 $0 $0
MEREDITH BROKAW EMERITUS 1.00
Director
$0 $0 $0
ROSE ALLEN-TAYLOR Director 0.00
Director
$0 $0 $0
GINA PAOLONI EMERITUS 1.00
Director
$0 $0 $0
CLAIRE KOSHLAND Director 1.00
Director
$0 $0 $0
ELIZABETH BOHART EMERITUS 1.00
Director
$0 $0 $0
ANDREA CUVELIER Secretary 1.00
Director
$0 $0 $0
STACEY LAUREN Director 1.00
Director
$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
2025 $1,357,414 $1,409,408 $229,079 $-51,994
2024 $1,100,874 $1,124,509 $148,870 $-23,635
2023 $1,243,200 $1,260,448 $163,347 $-17,248
2022 $1,232,905 $1,175,717 $223,070 $57,188
2021 $1,066,352 $1,023,879 $141,153 $42,473
2020 $1,321,647 $1,322,729 $130,321 $-1,082
2019 $918,375 $1,120,741 $128,982 $-202,366
2018 $1,193,567 $1,117,130 $306,093 $76,437
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