Maloney Foundation INC

Tax-deductible

New Prt Rchy, FL501(c)(3)Foundations & GrantmakersEIN 82-2780135

Private School and Youth Services

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$140K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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 deficit $129K a year · 17% of revenue · last 5 filings
Concern: a surplus in 2 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
$140K
to officers and key staff · 11% of spending
Top officer’s pay higher than 85% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$720K
×23 of total assets
Concern: liabilities are 2300% of assets; over 80%.
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
$632K
-52% vs prior year
Spent
$1.2M
To programs
100%
Net assets
−$687K
By yearFY2020–FY2025
Revenue
$632K
FY2025▼ -52%
Revenue by fiscal year
FY2020$518K
FY2021$805K
FY2022$465K
FY2024$1.3M
FY2025$632K
Expenses
$1.2M
FY2025▲ +2%
Expenses by fiscal year
FY2020$470K
FY2021$1.0M
FY2022$468K
FY2024$1.2M
FY2025$1.2M
Net assets
−$687K
FY2025▼ -469%
Net assets by fiscal year
FY2020$429K
FY2021$6K
FY2022$0
FY2024$186K
FY2025−$687K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2017.

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% · $1.2M

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

Who runs it and what they're paid

2 people listed on the 990; $140K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$100,000Pt VII · Sec A
Treasurer
$40,000Pt VII · Sec A

James Maloney’s $100K as President is at the 85th percentile of top reported officer pay among 1265 $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 · 4 named individuals · Part VII

NameFY2025FY2024FY2022FY2021FY2020
James Maloney$100,000$120,000$120,000$80,000—
Zach Maloney$40,000$48,000$45,000——
Zachery Maloney——$45,000——
James Maloney JR——$9,600$14,000$14,400

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 15aYes

Programs and updates

Provides private school education and youth support programs.

Provided by the organization

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3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

Operating and growing the school, graduating 20 students and implementing a new learning methodology

$1.2Mprogram expense
02

Community Support

Pt IX · col B
03

Family Support

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$632K
Ln 12
Fees for servicesLn 2g$632K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.2M
Owns and owesPt X
−$687K
net assets · Ln 32
Cash and savingsLn 1–2$33K
Total assetsLn 16$33K
LiabilitiesLn 26$720K
PeoplePt VI, VII
2
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$632K
Total revenueLn 12$632K
Assets in detailPt X, end of year
CashLn 1$33K
Cash and savings togetherLn 1–2$33K
Total assetsLn 16$33K
LiabilitiesLn 26$720K
Net assetsLn 32−$687K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$225K$33K
Total assetsLn 16$231K$33K
LiabilitiesLn 26$44K$720K
Net assetsLn 32$186K−$687K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$160K$160K$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$441K$441K$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$18K$18K$0$0
Payroll taxesLn 10$50K$50K$0$0
Management feesLn 11a$337K$337K$0$0
Legal feesLn 11b$57K$57K$0$0
Accounting feesLn 11c$265$265
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$44K$44K$0$0
Office expensesLn 13$43K$43K$0$0
Information technologyLn 14$58K$58K$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$6K$6K$0$0
TravelLn 17$7K$7K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$75$75
InterestLn 20$2K$2K
InsuranceLn 23$5K$5K
All other expensesLn 24e$11K$11K$0$0
Total functional expensesLn 25$1.2M$1.2M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $632K$1.2M−$607K−$687K 990 PDF
FY2024 $1.3M$1.2M$116K$186K 990 PDF
FY2023 Not on file
FY2022 $465K$468K−$3K$0 990 PDF
FY2021 $805K$1.0M−$201K$6K 990 PDF
FY2020 $518K$470K$48K$429K 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $631,907 across 2 lines filed
Lines not itemized here account for $631,907 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-12 Total revenueRelated to mission $631,907 · Unrelated business $0 · Excluded from tax $0$631,907
Part IX · Statement of functional expenses $1,238,664 across 28 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $160,000 · Management $0 · Fundraising $0$160,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $440,946 · Management $0 · Fundraising $0$440,946
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $18,062 · Management $0 · Fundraising $0$18,062
IX-10 Payroll taxesPrograms $49,893 · Management $0 · Fundraising $0$49,893
IX-11a Management feesPrograms $337,115 · Management $0 · Fundraising $0$337,115
IX-11b Legal feesPrograms $56,792 · Management $0 · Fundraising $0$56,792
IX-11c Accounting feesPrograms $265$265
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $44,408 · Management $0 · Fundraising $0$44,408
IX-13 Office expensesPrograms $42,506 · Management $0 · Fundraising $0$42,506
IX-14 Information technologyPrograms $57,895 · Management $0 · Fundraising $0$57,895
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $6,108 · Management $0 · Fundraising $0$6,108
IX-17 TravelPrograms $6,850 · Management $0 · Fundraising $0$6,850
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $75$75
IX-20 InterestPrograms $2,143$2,143
IX-23 InsurancePrograms $5,054$5,054
IX-24e All other expensesPrograms $10,552 · Management $0 · Fundraising $0$10,552
IX-25 Total functional expensesPrograms $1,238,664 · Management $0 · Fundraising $0$1,238,664
Part X · Balance sheet $32,903 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $225,474$32,903
X-16 Total assetsStart of year $230,585$32,903
X-24 Unsecured notes and loans payableStart of year $44,286$719,660
X-26 Total liabilitiesStart of year $44,286$719,660
X-27 Net assets without donor restrictionsStart of year $186,299−$686,757
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $186,299−$686,757
X-33 Total liabilities and net assetsStart of year $230,585$32,903
Part XI · Reconciliation of net assets −$686,757 net assets at year end
XI-1 Total revenue$631,907
XI-2 Total expenses$1,238,664
XI-3 Revenue less expenses−$606,757
XI-4 Net assets at start of year$186,299
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$266,299
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$686,757

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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