Maasai Development Project EIN 45-0449949

Maasai Development Project

EIN  45-0449949 Public charity (501(c)(3)) Spokane, WA
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Size
$100K–1M
What they do
Provides education and religious support to communities in Kenya.
Leadership
Jan Ashley · Executive Dir.
Money in and out
$333K revenue, $355K expenses
Bottom line
76% program efficiency

Provides education and religious support to communities in Kenya. For fiscal year 2024 it reported $333K in revenue, $355K in expenses, and $140K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$333K
Pt VIII · Ln 12
Total expenses
$355K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$23K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.22 Fundraising $0.03
Program efficiency
76%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▼ -2% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▲ +16% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$333K
FY2024▼ -10%
Expenses
$355K
FY2024▼ -11%
Total assets
$141K
FY2024▼ -14%
Total liabilities
$1K
FY2024▲ +48%
Total revenue
$333K
Pt VIII · Ln 12
Total expenses
$355K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$141K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $269K of program spending, described in the organization's own filed words · FY2024.
01

Maasai development project engages in a range of educational, religious and rescue activities in kenya. Those activities include the educaion and rescue of young girls from forced marriages and other abuse.

$269Kprogram expense
02

Maasai Development Project Education Centre

A home for girls that have been rescued from forced early marriages AND/OR female genital mutilation. (rescue ages are from 6-13) these girls are not only provided a safe home in which to live, but an education through university level.

Pt IX · col B
03

Building projects at the center; construction of guest house, underground water system and sidewalks

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaasai Development Project
EINHdr · item D45-0449949
Principal addressHdr · item CSpokane, WA
WebsiteHdr · item Jwww.4mdp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q300)
Ruling yearIRS BMFDec 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2022FY2021FY2020
Jan Latsha$19,200$19,200
Jan Latsha$19,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$333K
Total revenueLn 12$333K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.22 Fundraising $0.03
Program services76%$269K
Management & general22%$76K
Fundraising3%$10K
Total functional expensesLn 25$355K

Balance Sheet

Part X · end of year
CashLn 1$141K
Total assetsLn 16$141K
Total liabilitiesLn 26$1K
Total net assetsLn 32$140K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $141K · Operating expenses/yr $355K
4.8 months
Where the money goes
Program services
Program services $269K · Total expenses $355K
76%
Management & General
Management & general $76K · Total expenses $355K
22%
Fundraising
Fundraising $10K · Total expenses $355K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $342K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $333K · Total revenue $333K
100%
Government reliance
Government grants — · Total revenue $333K
Earned-income share
Program service revenue $0 · Total revenue $333K
0%
Investment reliance
Investment income $0 · Total revenue $333K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $355K
0%
Growth & trend
Revenue growth (YoY)
This year $333K · Prior year $370K
-10%
Revenue CAGR
FY2020 $258K · FY2024 $333K
+7%
Net-asset trend (YoY)
End of year $140K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $333K · Expenses $355K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $141K
Net-asset ratio
Net assets $140K · Total assets $141K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $141K
0%
People & payroll
Highest Reported Total Compensation
Individual Jan Ashley · Reported title Executive Dir. · Highest reported compensation $0 · Total expenses $355K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80K · Total expenses $355K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 22%
Fundraising cost ratio 3%
Revenue growth -10%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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
Total grants receivedfrom 1 funder$17

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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)$333K revenue · viewing · ⤓ 990 PDF
FY2023$370K revenue · ⤓ 990 PDF
FY2022$323K revenue · ⤓ 990 PDF
FY2021$293K revenue · ⤓ 990 PDF
FY2020$258K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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