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Lady Mitz Foundation EIN 20-2930696

Lady Mitz Foundation

EIN  20-2930696 Public charity (501(c)(3)) Huntington, NY Founded 2005
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Size
<$100K
What they do
Empowering Nigerian youth with education, support, and inspiration for better health and welfare.
Leadership
Mercy Egbuchulam · CEO
Money in and out
$16K revenue, $23K expenses
Bottom line
39% program efficiency

Empowering Nigerian youth with education, support, and inspiration for better health and welfare. For fiscal year 2025 it reported $16K in revenue, $23K in expenses, and $-48K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$16K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.39 Management & general $0.61
Program efficiency
39%
of spending reaches programs▼ -42% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▲ +67% vs prior filing year
Surplus margin
-47%
revenue over expenses, this year▲ +60% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$16K
FY2025▲ +54%
Expenses
$23K
FY2025▲ +4%
Total assets
$5K
FY2025▲ +29%
Total liabilities
$52K
FY2025▲ +19%
Total revenue
$16K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$5K
Program-expense ratioPt IX · col B39%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $9K of program spending, described in the organization's own filed words · FY2025.
01

Lady mitz foundation raises funds to support our youth wellness initiative programs which pays for: youth education /TRADE; start up business; mini-farming training; skills development (global); HIV/AIDS / health AWARENESS/ girls hygene; feed the hungry (youth & family); COVID-19 awareness, education & prevention.

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLady Mitz Foundation
EINHdr · item D20-2930696
Principal addressHdr · item CHuntington, NY
WebsiteHdr · item Jwww.ladymitz.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJul 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Joyce Davis
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Eric Welle
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$16K
— government grantsLn 1e$16K
Total revenueLn 12$16K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.39 Management & general $0.61
Program services39%$9K
Management & general61%$14K
Total functional expensesLn 25$23K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$5K
Total liabilitiesLn 26$52K
Total net assetsLn 32$-48K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses (Pt IX) $23K · Less non-cash grants $10K · Cash operating expenses/yr $14K
4.0 months
Where the money goes
Program services
Program services $9K · Total expenses $23K
39%
Management & General
Management & general $14K · Total expenses $23K
61%
Fundraising
Fundraising $0 · Total expenses $23K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $16K · Total revenue $16K
100%
Government reliance
Government grants $16K · Total revenue $16K
100%
Earned-income share
Program service revenue $0 · Total revenue $16K
0%
Investment reliance
Investment income $0 · Total revenue $16K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $23K
0%
Growth & trend
Revenue growth (YoY)
This year $16K · Prior year $10K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $42K · FY2025 $16K
-18%
Net-asset trend (YoY)
End of year $-48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $16K · Expenses $23K
-47%
Liabilities-to-Assets
Total liabilities — · Total assets $5K
—
Net-asset ratio
Net assets $-48K · Total assets $5K
-1026%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mercy Egbuchulam · Reported title CEO · Highest reported compensation $0 · Total expenses $23K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $23K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 39%——
Overhead ratio 61%——
Revenue growth 54%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Globalgiving Foundation INCFY2023$10K
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$16K revenue · viewing · ⤓ 990 PDF
FY2024$10K revenue · ⤓ 990 PDF
FY2023$24K revenue · ⤓ 990 PDF
FY2022$23K revenue · ⤓ 990 PDF
FY2021$39K revenue · ⤓ 990 PDF
FY2020$42K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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