MASTERCARD FOUNDATION (EIN 980543843) - Form 990 Financial Analysis & Trantor Score

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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

2005

Principal Officer

DOUGLAS KASAMBALA

Phone

6472085154

Tax Period

2023-01-01 to 2023-12-31

MASTERCARD FOUNDATION, founded in 2005, is a major nonprofit in the International Affairs sector that reported $680.3M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.5B exceeded revenue, resulting in a 125% operating deficit.

Mission

THE FOUNDATION'S MISSION IS TO ADVANCE YOUTH EDUCATION AND PROMOTE FINANCIAL INCLUSION FOR FINANCIALLY DISADVANTAGED PERSONS AND COMMUNITIES AS A MEANS OF RELIEVING POVERTY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $679,990,425

Other Revenue $275,913

TOTAL REVENUE $680,266,338

Expense Breakdown

Grants Paid $1,333,637,982

Salaries & Benefits $72,620,679

Fundraising Expenses $1

Program Expenses $1,462,467,862

Other Expenses $127,264,861

TOTAL EXPENSES $1,533,523,522

Year-over-Year Comparison

	2023	2022	Change
Revenue	$680,266,338	$424,109,307	+0.6%
Expenses	$1,533,523,522	$1,377,301,146	+0.1%
Net Income	$-853,257,184	$-953,191,839	-0.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$2,932,631

Total Directors

Key Employees

$1,632,508

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
REETA ROY	PRESIDENT AND CEO	Officer	$1,290,974	$15,523	$1,306,497
Peter Materu	Chief Program Officer	Officer	$750,217	$9,544	$759,761
Serge Auguste Kouakou	Country Director, Senegal	Highest	$632,769	$13,623	$646,392
Julie Gichuru	Chief Public Affairs and Commu	Key Emp	$564,359	$12,623	$576,982
WARIKO WAITA	SENIOR DIRECTOR, CORPORATE COM	Highest	$510,931	$6,815	$517,746
Tina Muparadzi	Chief People & Culture Officer	Key Emp	$461,434	$5,811	$467,245
Hassan El Bouhali	Strategic Advisor, Digital Eco		$458,531	$7,743	$466,274
Nathalie Gabala	Executive Director, Pan Africa		$436,878	$24,686	$461,564
OLUWOLE ONABOLO	GENERAL COUNSEL	Officer	$442,559	$12,623	$455,182
SHONA BEZANSON	DIRECTOR, BUSINESS DEVELOPMENT	Highest	$410,572	$16,522	$427,094
SAMUEL ADELA	COUNTRY DIRECTOR, ETHIOPIA	Highest	$407,129	$16,023	$423,152
ROSY FYNN	COUNTRY DIRECTOR, NIGERIA	Highest	$404,361	$11,623	$415,984
DOUGLAS KASAMBALA	CHIEF FINANCIAL OFFICER	Officer	$404,895	$6,296	$411,191
OMOTADE AKIN-AINA	CHIEF IMPACT AND RESEARCH OFF.	Key Emp	$371,426	$11,623	$383,049
LINDA OSODO	CHIEF PEOPLE & CULTURE OFFICER	Key Emp	$191,609	$13,623	$205,232
Craig Calhoun	Director	Director	$0	$0	$0
Douglas Baillie	Director	Director	$0	$0	$0
Ellen Johnson Sirleaf	Director	Director	$0	$0	$0
Jay Ireland	Director	Director	$0	$0	$0
Jennifer Fonstad	Director	Director	$0	$0	$0
Louise Arbour	Director	Director	$0	$0	$0
Michael Sabia	Director	Director	$0	$0	$0
Robin Washington	Director	Director	$0	$0	$0
Valeria Amos	BOARD CHAIR	Director	$0	$0	$0
Zein M Abdalla	Board Chair	Director	$0	$0	$0
SEWIT AHDEROM	DIRECTOR	Director	$0	$0	$0
TSEGA GEBREYES	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$680,266,338	$1,533,523,522	$42,194,078,620	$-853,257,184
2022	$424,109,307	$1,377,301,146	$29,242,305,789	$-953,191,839
2021	$422,948,756	$1,496,169,880	$30,798,947,472	$-1,073,221,124
2020	$356,789,232	$947,737,147	$31,477,405,206	$-590,947,915
2019	$192,147,513	$357,605,773	$27,598,914,371	$-165,458,260
2018	$112,205,391	$297,523,351	$17,401,495,233	$-185,317,960

MASTERCARD FOUNDATION