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Maloto Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 542096241 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Maloto Inc?

Maloto Inc, based in New York, is a nonprofit organization committed to uplifting the lives of vulnerable women and children in northern Malawi. Rooted in the belief that education and economic development can empower individuals to escape poverty, Maloto offers financial and technical support to three local organizations: Kwithu Women's Group, Mzuzu International Academy, and Kwithu Kitchen. These organizations provide a comprehensive range of services, addressing health, education, social, and economic needs, creating a holistic solution for beneficiaries. Maloto, meaning "dreams" in the local language, was founded in 2007 by a group of Malawians living in the United States, driven by the challenges faced in their communities. Maloto provides an annual operating subsidy to Mzuzu Academy, scholarships for local children, and funds for capital improvement projects as needed.


Official website here: www.maloto.org

Is Maloto Inc legitimate?

Maloto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maloto Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $165,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,239

For more financial information, click here


Official website here: www.maloto.org

What is the mission statement of Maloto Inc?

Maloto Inc, as a non-profit organization, is committed to enhancing the lives of vulnerable women and children in northern Malawi. They believe that access to education and economic development activities can empower these individuals to rise above poverty. Maloto achieves this by offering financial and technical support to three local organizations: Kwithu Women's Group, Mzuzu International Academy, and Kwithu Kitchen. These organizations collaborate to provide a comprehensive range of services, addressing health, education, social, and economic needs throughout a beneficiary's lifetime. By doing so, Maloto, meaning "dreams" in the local language, aims to provide a holistic solution to improve the quality of life for these communities, which was formed in 2007 by Malawians living in the United States to address the specific challenges in their hometown.


Official website here: www.maloto.org

Who is the CEO of Maloto Inc?

Ana Msowoya Keys is the President of Maloto Inc.


Official website here: www.maloto.org

What is the revenue of Maloto Inc?

Maloto Inc's revenue in 2023 was $1,243,200.


Official website here: www.maloto.org

Who are the executives of Maloto Inc and what are their salaries?

The average compensation at Maloto Inc during 2023 was $64,718. There are 3 employees and 14 volunteers at Maloto Inc.

Here are 14 key members and their salaries:

    Ana Msowoya Keys (President)
  • Compensation: $91,907
  • Related: $0
  • Other: $0

    • John Keys (Coo)
  • Compensation: $74,007
  • Related: $0
  • Other: $0

    • Liza Nugent (Executive Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Johnston (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Koshland (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phlyssa Koshland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Brokaw (Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Allen-Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Paoloni (Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Koshland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Bohart (Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Cuvelier (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.maloto.org

    Where can I find the form 990 for Maloto Inc?

    The Maloto Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.maloto.org

    Learn more at the official website: www.maloto.org

    Mission Statement of Maloto Inc

    Maloto Inc, a non-profit organization, is committed to enhancing the lives of vulnerable women and children in northern Malawi. The organization believes that education and economic development activities are key to improving their quality of life and lifting them out of poverty. To achieve this, Maloto provides financial and technical assistance to three local organizations: Kwithu Womens Group, Mzuzu International Academy, and Kwithu Kitchen. These organizations offer a continuum of services, addressing health, educational, social, and economic needs, and provide a holistic solution for the beneficiaries throughout their lifetime. Maloto, meaning "dreams" in the local language, was established in 2007 by Malawians living in the United States, who recognized the specific challenges facing their communities in the north and sought to address them directly.

    Impact

    This information is meant to be a general summary of Maloto Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Maloto Inc's impact is significant in improving the lives of vulnerable women and children in northern Malawi. Through its dedication to providing access to education and economic development activities, Maloto empowers individuals to elevate their quality of life and break the cycle of poverty. By supporting local organizations like Kwithu Womens Group, Mzuzu International Academy, and Kwithu Kitchen, Maloto offers a comprehensive range of services addressing health, education, social, and economic needs. The organization's initiatives are crucial in enabling women and children to thrive and create a better future for themselves and their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,244,626

    • Assets and Liabilities:
  • Total Assets: $163,347
  • Total Liabilities: $7,801
  • Net Assets: $155,546
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Ana Msowoya Keys

    Main Address

    21 WEST 46TH STREET 1408, NEW YORK, NY, 10036

    NTEE Category

    Code: B11 - Education

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