Maloto, Inc. is a non-profit organization dedicated to improving the lives of some of the most vulnerable women and children in northern Malawi by feeding, educating and empowering. Maloto is rooted in the belief that, through access to education and economic development activities, women and children can improve their quality of life and lift themselves out of poverty. We accomplish this by providing financial and technical assistance to three effective local organizations: Kwithu Womens Group (aka Kwithu CBO), Mzuzu International Academy, and Kwithu Kitchen. Together, these organizations provide a continuum of services that can be accessed throughout a beneficiary's lifetime and also provide a holistic solution for health, educational, social and economic needs.Against this landscape, Maloto, meaning "dreams" in the local language, was formed in 2007 by a group of Malawians living in the United States in direct response to the specific challenges facing their communities in northern

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$166K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$166K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $458K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$17K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-11% vs prior year
Spent
$1.1M
To programs
88%
Net assets
$132K
By yearFY2021–FY2025
Revenue
$1.1M
FY2024▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$1.2M
FY2024$1.1M
FY2025$1.4M
Expenses
$1.1M
FY2024▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.0M
FY2022$1.2M
FY2023$1.3M
FY2024$1.1M
FY2025$1.4M
Net assets
$132K
FY2024▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2021$134K
FY2022$191K
FY2023$156K
FY2024$132K
FY2025$80K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2003.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $990K Management & general 9% · $99K Fundraising 3% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $166K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$92,022Pt VII · Sec A
$74,000Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A

Ana Msowoya Keys’s $92K as President is at the 26th percentile of top reported officer pay among 3395 $1–10M education 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ana Msowoya Keys$92,000$92,022$91,907$93,391$88,433
John Keys$74,000$74,000$74,007$72,900$77,587

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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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

Feeds, educates, and empowers vulnerable women and children in northern Malawi.

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Provided by the organization

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3 programs · $990K · in their own filed words · FY2023
01

Mzuzu International AcademyIn 2003, Malotos founder, Anna Msowoya, and a group of local community leaders in northern Malawi identified the lack of educational opportunities created by the critical shortage of secondary schools as one of the most urgent challenges in the region: Malawi has lost a generation to HIV/AIDS and cannot afford…

$525Kprogram expense
02

Kwithu Womens Group (aka Kwithu CBO)Kwithu, which translated means "home", was formed in 2005 by an inspiring group of women who came together to provide assistance to the large number of orphans living in the outskirts of Mzuzu, Malawi even though they themselves had limited means.

$267Kprogram expense
03

In 2010, the 20 women associated with the Kwithu Womens Group, in conjunction with several Maloto Board Members, recognized that tomatoes, among the countrys most important natural resources, were not being well-utilized because of the existing agricultural systems limitations.

$198Kprogram 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 · FY2024
See all 11 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$2K
Investment incomeLn 3$2K
Money outPt IX
$1.1M
Ln 25
Programscol B$990K
Managementcol C$99K
Fundraisingcol D$36K
Owns and owesPt X
$132K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$149K
LiabilitiesLn 26$17K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$2K
Other incomeLn 4–11$2K
Gains on assetsLn 7$0
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$34K
SavingsLn 2$1
Cash and savings togetherLn 1–2$34K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$890
Other assetsLn 15$3K
Total assetsLn 16$149K
LiabilitiesLn 26$17K
Net assetsLn 32$132K
OperationsPt I, VI
EmployeesI 52
VolunteersI 614
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$79K$34K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3K$890
Total assetsLn 16$163K$149K
LiabilitiesLn 26$8K$17K
Net assetsLn 32$156K$132K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$166K$135K$16K$16K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$28K$26K$2K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$56K$39K$12K$5K
Payroll taxesLn 10$17K$12K$4K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$13K$12K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$16K$14K$2K
TravelLn 17$31K$30K$612
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K$2K$226
InsuranceLn 23$4K$731$3K
Other expenses (24a–d)Ln 24$782K$773K$9K
All other expensesLn 24e$2K$788$1K
Total functional expensesLn 25$1.1M$990K$99K$36K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.4M$1.4M−$52K$80K 990 PDF
FY2024 Viewing $1.1M$1.1M−$24K$132K 990 PDF
FY2023 $1.2M$1.3M−$17K$156K 990 PDF
FY2022 $1.2M$1.2M$57K$191K 990 PDF
FY2021 $1.1M$1.0M$42K$134K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,100,874 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,242,021$1,097,229
I-9 Program service revenue$0
I-10 Investment income$1,522
I-11 Other revenuePrior year $1,179$2,123
I-12 Total revenuePrior year $1,243,200$1,100,874
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $259,841$266,816
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,000,607$857,693
I-18 Total expensesPrior year $1,260,448$1,124,509
I-19 Revenue less expensesPrior year −$17,248−$23,635
Part VI · Governance 12 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,100,874 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,097,229
VIII-1h Total contributions, gifts and grants$1,097,229
VIII-3 Investment incomeRelated to mission $1,522$1,522
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,123$2,123
VIII-12 Total revenueRelated to mission $3,645$1,100,874
Part IX · Statement of functional expenses $1,124,509 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $134,620 · Management $15,701 · Fundraising $15,701$166,022
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $26,047 · Fundraising $1,742$27,789
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $38,513 · Management $12,280 · Fundraising $5,023$55,816
IX-10 Payroll taxesPrograms $11,860 · Management $3,782 · Fundraising $1,547$17,189
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,296$8,296
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $12,092 · Fundraising $1,344$13,436
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $14,040 · Fundraising $1,560$15,600
IX-17 TravelPrograms $30,000 · Management $612$30,612
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $2,034 · Fundraising $226$2,260
IX-23 InsurancePrograms $731 · Management $2,925$3,656
IX-24 Other expenses (24a–d)Programs $773,358 · Fundraising $8,505$781,863
IX-24e All other expensesPrograms $788 · Management $1,182$1,970
IX-25 Total functional expensesPrograms $989,870 · Management $98,991 · Fundraising $35,648$1,124,509
Part X · Balance sheet $148,870 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $78,847$33,679
X-2 Savings and temporary cash investmentsStart of year $1$1
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $77,500$100,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $1,299$11,750
X-10c Land, buildings and equipment, netStart of year $3,150$890
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $2,550$2,550
X-16 Total assetsStart of year $163,347$148,870
X-17 Accounts payable and accrued expensesStart of year $7,801$16,958
X-25 Other liabilities$1
X-26 Total liabilitiesStart of year $7,801$16,959
X-27 Net assets without donor restrictionsStart of year $121,378$97,943
X-28 Net assets with donor restrictionsStart of year $34,168$33,968
X-32 Total net assets or fund balancesStart of year $155,546$131,911
X-33 Total liabilities and net assetsStart of year $163,347$148,870
Part XI · Reconciliation of net assets $131,911 net assets at year end
XI-1 Total revenue$1,100,874
XI-2 Total expenses$1,124,509
XI-3 Revenue less expenses−$23,635
XI-4 Net assets at start of year$155,546
XI-10 Net assets at end of year$131,911

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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