Malachi Destiny & Purpose FY2023 filing

Houston, TXUnknown exempt organizationSince 2012EIN 45-4046172Revenue $99K in FY2023

On file with the IRS3701 Charleston Street · Houston, TX

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Outreach to inner-city disadvantaged families

100¢ of each $1 spent went to programs.
$31K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $15K a year · 15% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 54% of spending
Concern: pay to officers and key staff is 54% of spending; over 30%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $40K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$99K
-7% vs prior year
Spent
$57K
To programs
100%
Net assets
$196K
By yearFY2020–FY2024
Revenue
$99K
FY2023▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$127K
FY2021$114K
FY2022$106K
FY2023$99K
FY2024$76K
Expenses
$57K
FY2023▼ -44%
Tap a bar for its year
Expenses by fiscal year
FY2020$125K
FY2021$114K
FY2022$101K
FY2023$57K
FY2024$48K
Net assets
$196K
FY2023▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$217K
FY2021$150K
FY2022$154K
FY2023$196K
FY2024$224K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $57K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation
Couisnard
$30,583Pt VII · Sec A
Couisnard
$0Pt VII · Sec A
Dardin
$0Pt VII · Sec A
Dardin
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Prince$42,708$30,583$41,500$34,500—
Prince Couisnard————$34,475

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.

See Malachi Destiny & Purpose executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps disadvantaged families in inner cities.

Questions for Malachi Destiny & Purpose

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Provided by the organization

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1 program · $57K · in their own filed words · FY2023
01

Athletic discipleship, spiritual development, economic development and education.

$57Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$99K
Ln 12
Gifts and grantsLn 1h$99K
Money outPt IX
$57K
Ln 25
Programscol B$57K
Owns and owesPt X
$196K
net assets · Ln 32
Cash and savingsLn 1–2$54K
Total assetsLn 16$196K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$99K
Total revenueLn 12$99K
Assets in detailPt X, end of year
CashLn 1$54K
Cash and savings togetherLn 1–2$54K
Land, buildings, equipmentLn 10c$66K
Other assetsLn 15$76K
Total assetsLn 16$196K
LiabilitiesLn 26$0
Net assetsLn 32$196K
OperationsPt I, VI
EmployeesI 51
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$86K$54K
Land, buildings, equipmentLn 10c$68K$66K
Total assetsLn 16$154K$196K
LiabilitiesLn 26$0$0
Net assetsLn 32$154K$196K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$31K$31K$0$0
Legal feesLn 11b$531$531$0$0
Office expensesLn 13$1K$1K$0$0
Information technologyLn 14$256$256$0$0
OccupancyLn 16$3K$3K$0$0
TravelLn 17$26$26$0$0
Depreciation, depletion and amortizationLn 22$2K$2K$0$0
Other expenses (24a–d)Ln 24$20K$20K$0$0
Total functional expensesLn 25$57K$57K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $76K$48K$28K$224K 990 PDF
FY2023 Viewing $99K$57K$42K$196K 990 PDF
FY2022 $106K$101K$5K$154K 990 PDF
FY2021 $114K$114K$382$150K 990 PDF
FY2020 $127K$125K$2K$217K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $98,700 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $105,606$98,700
I-9 Program service revenue$0
I-10 Investment incomePrior year $0$0
I-11 Other revenue$0
I-12 Total revenuePrior year $105,606$98,700
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $53,801$30,584
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $47,177$26,238
I-18 Total expensesPrior year $100,978$56,822
I-19 Revenue less expensesPrior year $4,628$41,878
Part VI · Governance 3 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $98,700 across 4 lines filed
VIII-1f All other contributions, gifts and grants$98,700
VIII-1h Total contributions, gifts and grants$98,700
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$98,700
Part IX · Statement of functional expenses $56,822 across 8 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $30,584 · Management $0 · Fundraising $0$30,584
IX-11b Legal feesPrograms $531 · Management $0 · Fundraising $0$531
IX-13 Office expensesPrograms $1,393 · Management $0 · Fundraising $0$1,393
IX-14 Information technologyPrograms $256 · Management $0 · Fundraising $0$256
IX-16 OccupancyPrograms $2,523 · Management $0 · Fundraising $0$2,523
IX-17 TravelPrograms $26 · Management $0 · Fundraising $0$26
IX-22 Depreciation, depletion and amortizationPrograms $1,879 · Management $0 · Fundraising $0$1,879
IX-24 Other expenses (24a–d)Programs $19,630 · Management $0 · Fundraising $0$19,630
IX-25 Total functional expensesPrograms $56,822 · Management $0 · Fundraising $0$56,822
Part X · Balance sheet $196,025 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $85,700$53,751
X-10c Land, buildings and equipment, netStart of year $68,447$66,478
X-15 Other assets$75,796
X-16 Total assetsStart of year $154,147$196,025
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $154,147$196,025
X-32 Total net assets or fund balancesStart of year $154,147$196,025
X-33 Total liabilities and net assetsStart of year $154,147$196,025
Part XI · Reconciliation of net assets $196,025 net assets at year end
XI-1 Total revenue$98,700
XI-2 Total expenses$56,822
XI-3 Revenue less expenses$41,878
XI-4 Net assets at start of year$154,147
XI-10 Net assets at end of year$196,025

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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