Malouf Foundation FY2021 filing

Logan, UT · Public foundation / grantmaker · Since 2016 · Foundations & Grantmakers

✓ Tax-deductible
Revenue
$1.9M
+26% vs prior year
Spent
$376K
To programs
93%
Net assets
$3.3M
By yearFY2019–FY2025
Revenue
$1.9M
FY2021▲ +26%
Revenue by fiscal year
FY2019$470K
FY2020$1.5M
FY2021$1.9M
FY2022$1.5M
FY2023$831K
FY2024$487K
FY2025$131K
Expenses
$376K
FY2021▲ +152%
Expenses by fiscal year
FY2019$196K
FY2020$149K
FY2021$376K
FY2022$552K
FY2023$1.1M
FY2024$1.7M
FY2025$1.6M
Net assets
$3.3M
FY2021▲ +91%
Net assets by fiscal year
FY2019$359K
FY2020$1.7M
FY2021$3.3M
FY2022$4.2M
FY2023$3.8M
FY2024$2.6M
FY2025$1.2M

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CMalouf Foundation
EINHdr · item D47-5089027
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2016
Year of formationHdr · item L2016
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLogan, UT
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
WebsiteHdr · item Jwww.malouffoundation.org

Where the money goes

What each dollar paid for.

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%$351K
Management & general7%$26K
Total functional expensesLn 25$376K

Financial health

Is it on solid ground?

Program efficiency
93%
of spending reaches programs
Operating runway
124.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+80%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$3.3M
FY2021▲ +87%
Total assets by fiscal year
FY2019$359K
FY2020$1.8M
FY2021$3.3M
FY2022$4.2M
FY2023$3.9M
FY2024$2.7M
FY2025$1.2M
Total liabilities
$712
FY2021▼ -98%
Total liabilities by fiscal year
FY2019$0
FY2020$35K
FY2021$712
FY2022$9K
FY2023$106K
FY2024$50K
FY2025$54K
Revenue less expensesPt I · Ln 19$1.5M
Total assetsPt X · Ln 16$3.3M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$3.2M
Total assetsLn 16$3.3M
Total liabilitiesLn 26$712
Total net assetsLn 32$3.3M
Months of cash on handcomputed102.8

Statement of Revenue

Part VIII
Contributions & grants100%$1.9M
Total revenueLn 12$1.9M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.3M · Operating expenses (Pt IX) $376K · Less non-cash grants $62K · Cash operating expenses/yr $314K
124.9 months
Where the money goes
Program services
Program services $351K · Total expenses $376K
93%
Management & General
Management & general $26K · Total expenses $376K
7%
Fundraising
Fundraising $0 · Total expenses $376K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $1.7M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $1.9M
100%
Government reliance
Government grants — · Total revenue $1.9M
—
Earned-income share
Program service revenue $0 · Total revenue $1.9M
0%
Investment reliance
Investment income $0 · Total revenue $1.9M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $376K
0%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $1.5M
+26%
Net-asset trend (YoY)
End of year $3.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $376K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $3.3M
—
Net-asset ratio
Net assets $3.3M · Total assets $3.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $51K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.3M
2%
People & payroll
Highest Reported Total Compensation
Individual Samuel Malouf · Reported title Co-Chair · Highest reported compensation $0 · Total expenses $376K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $376K
0%
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 26%——
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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Jake Neeley’s $49K as Executive Director is at the 45th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Elizabeth Gilmour——$200,008
Jake Neeley$49,251$127,605$112,504
Sage Hancock——$108,235

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 Malouf Foundation executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Rescues and shelters exploited children, stops abuse, and supports humanitarian causes.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $351K of program spending, described in the organization's own filed words · FY2021.
01

Healing

We promote healing through comprehensive aftercare services so survivors can recover and look toward a brighter future. Our primary healing-focused program is Rooms Restored.-Rooms Restored unites community members and child advocacy centers to create restorative spaces for children who have been physically or sexually abused.

$168Kprogram expense
02

Education

We provide education through free community resources to help individuals understand exploitation and how to identify victims. Our education-based programs include OnWatch and Raise.- OnWatch is a survivor-led and informed education platform that empowers users to spot, report, and prevent trafficking where they live, work, and play.

$132Kprogram expense
03

Advocacy

We further advocate through justice programs and advocacy efforts to offer survivors active support and improve awareness surrounding sexual exploitation and its impact on communities. Our primay advocacy-based program is called Heroes Landing.-Heroes Landing Childrens Justice Center is a network of advocacy centers with the first…

$51Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
See all 12 funders →
Grants paid · 28 grants · $2.7M · 2020–2025
Phase AllianceUT · FY2025$684,018
Elizabeth Smart Foundation INCUT · FY2025$196,987
Fight the New Drug INCUT · FY2025$100,000
Phase AllianceUT · FY2024$1,113,461
Demand Project INCOK · FY2023$25,000
CapsaUT · FY2023$6,000
Engage Now Africa INCMA · FY2022$50,000
Demand Project INCOK · FY2022$14,770
Logan City Police DepartmentFY2022$14,300
CapsaUT · FY2022$7,040
Unitemized GrantFY2022$4,585
Dahlias Hope Non Profit INCUT · FY2021$70,000
See all 28 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $131K$1.6M-73% 990 PDF
FY2024 $487K$1.7M-41% 990 PDF
FY2023 $831K$1.1M-44% 990 PDF
FY2022 $1.5M$552K-22% 990 PDF
FY2021 Viewing $1.9M$376K+26% 990 PDF
FY2020 $1.5M$149K+221% 990 PDF
FY2019 $470K$196K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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