Nonprofit · EIN 27-3024837
MASINYUSANE INC
Tax-exempt · BOSTON, MA 02115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $143,019 | $175,520 | -$32,501 | $119,366 | $0 | $119,366 |
| March 31, 2024 | 990 | $127,397 | $95,387 | $32,010 | $151,867 | $0 | $151,867 |
| March 31, 2023 | 990 | $90,773 | $73,992 | $16,781 | $119,857 | $0 | $119,857 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $143,019
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,100
- Compensation of officers, directors and key employees
- $91,125
- Salaries, compensation and benefits (total)
- $109,173
- Professional fundraising fees
- $0
- Accounting fees
- $5,238
- Travel
- $5,956
- Depreciation
- $565
- Program services (functional)
- $141,729
- Management and general (functional)
- $14,057
- Fundraising (functional)
- $19,734
Balance sheet and other
- Total assets, start of year
- $151,867
- Total assets, end of year
- $119,366
- Total liabilities, end of year
- $0
- Net assets, end of year
- $119,366
- Land, buildings and equipment
- $2,481
- Net assets without donor restrictions
- $119,366
- Gross receipts
- $143,019
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jim McKeown | Executive Director Officer, Key employee | 40 | $90,000 |
| Kellan Florio | Treasurer, Board Trustee or director, Officer | 0.5 | $0 |
| Kunaal Bellara | Chairperson, Board Member Trustee or director, Officer | 0.5 | $0 |
| Tim Cork | Board Trustee or director, Officer | 0.5 | $0 |
| Sarah Calhoun | Board Trustee or director, Officer | 0.5 | $0 |
| Rachel Bixler | Board Member Trustee or director, Officer | 0.5 | $0 |
990 for the year ended March 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jim McKeown | Executive Director Key employee | 40 | $66,375 | $12,958 |
| Kellan Florio | Treasurer, Board Trustee or director | 1 | $0 | $0 |
| Kunaal Bellara | Chairperson, Board Member Trustee or director | 1 | $0 | $0 |
| Tim Cork | Board Trustee or director | 1 | $0 | $0 |
| Sarah Calhoun | Board Trustee or director | 1 | $0 | $0 |
| Rachel Bixler | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended March 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jim McKeown | Executive Director Key employee, Highest-paid employee | 40 | $48,263 | $48,263 |
| Kellan Florio | Treasurer, Board Trustee or director | 1 | $0 | $0 |
| Kunaal Bellara | Chairperson, Board Member Trustee or director | 1 | $0 | $0 |
| Tim Cork | Board Trustee or director | 1 | $0 | $0 |
| Sarah Calhoun | Board Trustee or director | 1 | $0 | $0 |
| Rachel Bixler | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 149 MASSACHUSETTS AVE, BOSTON, MA 02115-2648
- In care of
- % ROSARIA SALERNO
- Mailing address (990-N for 2013)
- 149 Massachusetts Ave, Boston MA 02115
- Principal officer (990 for 2024)
- Rosaria Salerno, 149 Massachusetts Ave, Boston, MA 02115
- Principal officer (990-N for 2013)
- Jim McKeown, 1847 Clarence Dr, Hellertown PA 18055
- Signed the 990
- Jim McKeown, Director
- Phone
- (610) 248-9363
- Website
- www.masinyusane.org
Mission
Raising and expending funds to support and carry out development projects in impoverished communities in South Africa, with the goal of alleviating suffering and poverty.
Program accomplishments
- Top Learners: Sending top high school learners from over 40 impoverished township high schools in the Eastern Cape to university. Support includes application fees, assistance in obtaining financial aid and bursaries, tuition assistance, transportation stipends, housing in Masinyusane's Houses of Excellence, food and welfare, and mentoring and tutoring. Masinyusane was actively supporting over 1000 students in high school and university, all from very impoverished backgrounds.Expenses $70,864 · grants $25,000
- Children's Education & Youth Employment: Empowering local communities to uplift themselves by hiring local, previously unemployed youth and training them as reading coaches for children. We build libraries & literacy centres in preschools and schools and have these reading coaches work with children one-on-one at whatever level they are at for the first 5-6 years of their schooling life. This provides them with the foundation in reading, writing and comprehension that every child deserves. We are thus creating jobs in which community youth are employed to help uplift their own schools and children.Expenses $70,865 · grants $25,000
- n/a0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3024837
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $119,366
- Income (IRS master file)
- $143,019
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $143,019 | $175,520 | $119,366 | XML |
| 990 | March 2024 | $127,397 | $95,387 | $151,867 | XML |
| 990 | March 2023 | $90,773 | $73,992 | $119,857 | XML |
| 990 | March 2022 | $123,532 | $68,197 | $103,076 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990-N for 2013 Officer: Jim McKeown | March 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3024837).
Questions about MASINYUSANE INC
- What is the EIN of MASINYUSANE INC?
- The employer identification number (EIN) of MASINYUSANE INC is 27-3024837.
- Is MASINYUSANE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to MASINYUSANE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASINYUSANE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MASINYUSANE INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASINYUSANE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of MASINYUSANE INC?
- The 990 for the year ended March 31, 2025 names Rosaria Salerno.
- Who are the officers and directors of MASINYUSANE INC?
- The 990 for the year ended March 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $90,000 (Jim McKeown, Executive Director).
- How much revenue does MASINYUSANE INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $143,019, expenses of $175,520 and total assets of $119,366 at year end.
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