Nonprofit · EIN 54-2096241
MALOTO INC
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,357,414 | $1,409,408 | -$51,994 | $229,079 | $149,162 | $79,917 |
| June 30, 2024 | 990 | $1,100,874 | $1,124,509 | -$23,635 | $148,870 | $16,959 | $131,911 |
| June 30, 2022 | 990 | $1,232,905 | $1,175,717 | $57,188 | $223,070 | $32,020 | $191,050 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,356,382
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,032
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $166,000
- Other salaries and wages
- $27,985
- Salaries, compensation and benefits (total)
- $289,057
- Professional fundraising fees
- $0
- Accounting fees
- $8,732
- Occupancy
- $19,200
- Travel
- $25,112
- Depreciation
- $822
- Program services (functional)
- $1,243,165
- Management and general (functional)
- $116,614
- Fundraising (functional)
- $49,629
Balance sheet and other
- Total assets, start of year
- $148,870
- Total assets, end of year
- $229,079
- Total liabilities, end of year
- $149,162
- Net assets, end of year
- $79,917
- Land, buildings and equipment
- $6,913
- Net assets without donor restrictions
- -$5,587
- Net assets with donor restrictions
- $85,504
- Gross receipts
- $1,357,414
- Employees
- 3
- Volunteers
- 14
- Year formed
- 2007
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANA MSOWOYA KEYS | PRESIDENT | 40 | $92,000 |
| JOHN KEYS | COO | 40 | $74,000 |
| LIZA NUGENT | Executive Dir. Trustee or director | 40 | $0 |
| VICTORIA HARMON | Director Trustee or director | 1 | $0 |
| CLAIRE JOHNSTON | Chairman Trustee or director, Officer | 5 | $0 |
| JACOB KOSHLAND | Treasurer Trustee or director, Officer | 5 | $0 |
| PHLYSSA KOSHLAND | Director Trustee or director | 1 | $0 |
| NELSON CHIKUSA | Director Trustee or director | 0 | $0 |
| DANIEL ANDROUIN | Director Trustee or director | 1 | $0 |
| MEREDITH BROKAW | EMERITUS Trustee or director | 1 | $0 |
| ROSE ALLEN-TAYLOR | Director Trustee or director | 0 | $0 |
| GINA PAOLONI | EMERITUS Trustee or director | 1 | $0 |
| CLAIRE KOSHLAND | Director Trustee or director | 1 | $0 |
| ELIZABETH BOHART | EMERITUS Trustee or director | 1 | $0 |
| ANDREA CUVELIER | Secretary Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACEY LAUREN | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANA MSOWOYA KEYS | PRESIDENT | 40 | $92,022 |
| JOHN KEYS | COO | 40 | $74,000 |
| LIZA NUGENT | Executive Dir. Trustee or director | 40 | $0 |
| VICTORIA HARMON | Director Trustee or director | 1 | $0 |
| CLAIRE JOHNSTON | Chairman Trustee or director, Officer | 5 | $0 |
| JACOB KOSHLAND | Treasurer Trustee or director, Officer | 5 | $0 |
| PHLYSSA KOSHLAND | Director Trustee or director | 1 | $0 |
| NELSON CHIKUSA | Executive Dir. Trustee or director | 0 | $0 |
| MEREDITH BROKAW | EMERITUS Trustee or director | 1 | $0 |
| ROSE ALLEN-TAYLOR | Director Trustee or director | 0 | $0 |
| GINA PAOLONI | EMERITUS Trustee or director | 1 | $0 |
| CLAIRE KOSHLAND | Director Trustee or director | 0 | $0 |
| ELIZABETH BOHART | EMERITUS Trustee or director | 1 | $0 |
| ANDREA CUVELIER | Secretary Trustee or director | 1 | $0 |
990 for the year ended June 30, 2022: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANA MSOWOYA KEYS | PRESIDENT | 40 | $93,391 | $10,640 |
| JOHN KEYS | COO | 40 | $72,900 | $10,640 |
| LIZA NUGENT | Executive Dir. Trustee or director | 40 | $0 | $0 |
| VICTORIA HARMON | Director Trustee or director | 1 | $0 | $0 |
| CLAIRE JOHNSTON | Secretary Trustee or director, Officer | 5 | $0 | $0 |
| JACOB KOSHLAND | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| PHLYSSA KOSHLAND | Director Trustee or director | 1 | $0 | $0 |
| KATE MORAN | Director Trustee or director | 1 | $0 | $0 |
| CHRISTI ANDREWS COHEN | Director Trustee or director | 1 | $0 | $0 |
| MEREDITH BROKAW | EMERITUS Trustee or director | 1 | $0 | $0 |
| MITCHELL WARREN | BOARD CHAIR Trustee or director | 1 | $0 | $0 |
| GINA PAOLONI | EMERITUS Trustee or director | 1 | $0 | $0 |
| ELIZABETH BOHART | EMERITUS Trustee or director | 1 | $0 | $0 |
| ANDREA CUVELIER | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 21 W 46TH ST STE 1408, NEW YORK, NY 10036-0127
- Signed the 990
- LIZA NUGENT, Executive Dir.
- Phone
- (646) 576-6485
- Website
- WWW.MALOTO.ORG
- Return prepared by
- BERARD & ASSOCIATES CPAS PC
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
Program accomplishments
- In 2010, the 20 women associated with the Kwithu Womens Group, in conjunction with several Maloto Board Members, recognized that tomatoes, among the countrys most important natural resources, were not being well-utilized because of the existing agricultural systems limitations. The organization took an entrepreneurial approach to addressing the matter. Leaders of Kwithu Kitchen brought the women together with the Board Members and developed its first commercial product: a naturally preserved whole tomato product, called Garden Fresh Tomatoes. Responding to consumer demand, Kwithu Kitchen developed popular Chopped Tomato and Tomato Puree products.Since 2014, Kwithu Kitchen has built tomato and honey processing facilities and built relationships with more than 750 small-holder farmers and beekeepers. Kwithu Kitchen - ContinuedIn 2020, Kwithu Kitchen received government approval to begin selling honey products. KK quickly became the countrys largest honey processor and supplier (processing and selling more than 40 tons of honey annually). Kwithu Kitchens tomato and honey products can be found in all of the countrys major supermarket and hotel chains.The ultimate goal is to make Kwithu Kitchen a viable business, which would provide employment for up to 50 people and a means of regular income for 1,000 small-holder famers and beekeepers. A portion of Kwithu Kitchens sales is donated to the Kwithu Womens Group to support their programs (described above).Expenses $1,243,165
- Kwithu Womens Group (aka Kwithu CBO)Kwithu, which translated means "home", was formed in 2005 by an inspiring group of women who came together to provide assistance to the large number of orphans living in the outskirts of Mzuzu, Malawi even though they themselves had limited means. The Kwithu Orphan Feeding Program was originally conceived to provide hot meals to these orphaned children at a temporary, make-shift community center consisting of a dirt floor and a thatched roof. In 2010, Maloto provided funding for construction of a permanent building to replace this temporary shelter. This new structure has allowed the group to greatly expand its capacity and feed many more children. The feeding program now serves hot, nutritious meals to over 300 children three times a week. For many of these children, this is the most nutritious food they will receive all week. Kwithu is a dynamic, community-based organization and has greatly expanded its activities and its reach. In addition to the feeding program, the Group now operates a number of other initiatives for vulnerable children and families in the community, including:before- and after-school tutoring and recreation programs for over 270 children, an HIV/AIDS information and education service, which supports more than 60 HIV+ children and their families and conducts information and education campaigns in the broader community,an early childhood education program which provides two full-day learning programs for 60 children, ages 3-5 years, providing scholarships for over 70 local orphans and vulnerable children to attend local secondary schools and Malawian Universities, andthe development of income-generation projects for women in the community who often bear the burden of providing for their families alone.The Group also owns and operates its own garden, which not only provides food for the feeding program, but also produces excess produce that is sold in local markets and given to the neediest of families within the Group.
- Mzuzu International AcademyIn 2003, Malotos founder, Anna Msowoya, and a group of local community leaders in northern Malawi identified the lack of educational opportunities created by the critical shortage of secondary schools as one of the most urgent challenges in the region: Malawi has lost a generation to HIV/AIDS and cannot afford to lose another generation due to a lack of education. They raised over $600,000 and, in September of 2010, Mzuzu International Academy was opened with 35 students the first internationally accredited school in northern Malawi. In 2013, Mzuzu International Academy expanded to include an international primary school. Currently there are over 375 students attending school at Mzuzu Academy. At this time, Maloto provides a small annual operating subsidy to Mzuzu Academy, which is primarily supported by tuition and boarding fees. Maloto provides scholarships to over 20 local vulnerable children to attend Mzuzu Academy. Maloto also provides some funding for capital improvement projects as needed.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-2096241
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $229,079
- Income (IRS master file)
- $1,357,414
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,357,414 | $1,409,408 | $229,079 | XML |
| 990 | June 2024 | $1,100,874 | $1,124,509 | $148,870 | XML |
| 990 | June 2023 | $1,243,200 | $1,260,448 | $163,347 | IRS |
| 990 | June 2022 | $1,232,905 | $1,175,717 | $223,070 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 54-2096241).
Questions about MALOTO INC
- What is the EIN of MALOTO INC?
- The employer identification number (EIN) of MALOTO INC is 54-2096241.
- Is MALOTO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MALOTO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MALOTO 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 MALOTO INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MALOTO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of MALOTO INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $92,000 (ANA MSOWOYA KEYS, PRESIDENT).
- How much revenue does MALOTO INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,357,414, expenses of $1,409,408 and total assets of $229,079 at year end.
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