Make a Difference Leadership Foundation FY2023 filing

EIN 27-0882749 Public charity (501(c)(3)) New York, NY NTEE Q22
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Revenue & expenses by yearFY2020–FY2024
Revenue
$306K
FY2023▲ +42%
Expenses
$342K
FY2023▼ -18%

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Provides activities and support to underprivileged South African youth to improve their well-being and social skills. For fiscal year 2023 it reported $306K in revenue, $342K in expenses, and $109K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
New York, NY
Filings
5 on file (2020–2023)
Revenue
$306KFY2023
Expenses
$342K
Net assets
$109K
People
6
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Provided by the organization

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Size
$100K–1M
What they do
Provides activities and support to underprivileged South African youth to improve their well-being and social skills.
Leadership
Dominic Silvester · Chairman
Money in and out
$306K revenue, $342K expenses
Bottom line
93% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 2 funders, incl. Quinn Emanuel Foundation

$15K in the latest grant year. Details →

Spent on programs?

good 93% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↑ +42% vs prior year Details →

Where the money goes · FY2023
Total revenue
$306K
Pt VIII · Ln 12
Total expenses
$342K
Pt IX · Ln 25
Net assets
$109K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
13.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-12%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$428K
FY2023▲ +195%
Total liabilities
$319K
FY2023
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$428K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMake a Difference Leadership Foundation
EINHdr · item D27-0882749
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q22)
Ruling yearIRS BMFNov 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Make a Difference Leadership Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $319K of program spending, described in the organization's own filed words · FY2023.
01

Make a difference leadership foundation is supported by individuals and institutions committed to providing physical, educational and other recreational activities and support to young south africans in less privileged circumstances, as a means of improving their social well being, conditions of life, social skills, capacities and…

$319Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$278K · 91%
Contributions & grants$27K · 9%
Other revenue91%$278K
Contributions & grants9%$27K
Investment income$4
Total revenueLn 12$306K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$319K
Management & general7%$23K
Total functional expensesLn 25$342K

Balance Sheet

Part X · end of year
CashLn 1$395K
Total assetsLn 16$428K
Total liabilitiesLn 26$319K
Total net assetsLn 32$109K
Months of cash on handcomputed13.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $395K · Operating expenses/yr $342K
13.9 months
Where the money goes
Program services
Program services $319K · Total expenses $342K
93%
Management & General
Management & general $23K · Total expenses $342K
7%
Fundraising
Fundraising $0 · Total expenses $342K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $31K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $27K · Total revenue $306K
9%
Government reliance
Government grants — · Total revenue $306K
—
Earned-income share
Program service revenue $0 · Total revenue $306K
0%
Investment reliance
Investment income $4 · Total revenue $306K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $342K
0%
Growth & trend
Revenue growth (YoY)
This year $306K · Prior year $215K
+42%
Net-asset trend (YoY)
End of year $109K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $306K · Expenses $342K
-12%
Liabilities-to-Assets
Total liabilities — · Total assets $428K
—
Net-asset ratio
Net assets $109K · Total assets $428K
25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $428K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dominic Silvester · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $342K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $342K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth 42%——
Accounting fee ratio 4%——

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 · FY2024
Total grants receivedfrom 2 funders$15K

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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
FY2024 (Latest)$297K revenue · ⤓ 990 PDF
FY2023$306K revenue · viewing · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$36K revenue · ⤓ 990 PDF
FY2020$52K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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