Myanmar Development Foundation INC FY2024 filing

Tax-deductible

Flushing, NY501(c)(3)Arts & CultureEIN 86-2121456Revenue $9K in FY2024

On file with the IRSmyanmardf.org4905 Douglaston Pkwy, 11362-1018 · Flushing, NYTax-exempt since Aug 2021Publicly supported — 509(a)(2)

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Providing knowledge training and proper educational guidance - such as vocational trainings, IT, and ethical development. Providing foods, education materials, and medical aids for those who are in need. Helping people and community redevelopment because of humanitarian crises.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $817 a year · under 1% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $199
Fine: 1 funder names it on their filings; under 3.
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
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9K
-81% vs prior year
Spent
$10K
To programs
98%
Net assets
$2K
By yearFY2022–FY2026
Revenue
$9K
FY2024▼ -81%
Tap a bar for its year
Revenue by fiscal year
FY2022$324K
FY2023$47K
FY2024$9K
FY2025$826
FY2026$8K
Expenses
$10K
FY2024▼ -86%
Tap a bar for its year
Expenses by fiscal year
FY2022$296K
FY2023$71K
FY2024$10K
FY2025Not on file
FY2026Not on file
Net assets
$2K
FY2024▼ -33%
Tap a bar for its year
Net assets by fiscal year
FY2022$27K
FY2023$4K
FY2024$2K
FY2025$2K
FY2026$2K

From the FY2024 Form 990 (year ending January 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Aug 2021.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $10K Management & general 2% · $217

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Myanmar Development Foundation INC 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

Offers vocational training, IT skills, and ethical development, plus food, materials, and medical aid for those in need.

Provided by the organization

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3 programs · $7K · in their own filed words · FY2023
01

Emergency medical supplies for refugee camps, public clinics, and hospitals: myanmar development foundation shipped medical supplies to the refugee camps in myanmar. Myanmdar development foundation collaborated with various medical teams from the region to mitigate the overwhelming healthcare crisis and saved the lives of covid patients.

$4Kprogram expense
02

Created a sustainable development model to help women and minorities: because of the economy collapse and job lost, women and minorities in myanmar are struggling unable to support themselves. We started with a small project by helping local farmers to able to sell locally grown produces back to the community.

$2Kprogram expense
03

Educational Projects

Myanmar development foundation sent educational materials and equipments for children and youths in myanmar. While students in schools and universities from myanmar were unable to attend the classes due to military coup, myanmar development foundation launched an online learning web site HTTPS://ELEARNING.MYANMARDF.ORG/ to provide…

$1Kprogram 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
Total grants receivedfrom 1 funder$199

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9K
Ln 12
Gifts and grantsLn 1h$9K
Money outPt IX
$10K
Ln 25
Programscol B$10K
Managementcol C$217
Owns and owesPt X
$2K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$2K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$8K
Total revenueLn 12$9K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Total assetsLn 16$2K
LiabilitiesLn 26$0
Net assetsLn 32$2K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJanuary
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$4K$2K
Total assetsLn 16$4K$2K
LiabilitiesLn 26$0$0
Net assetsLn 32$4K$2K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Other fees for servicesLn 11g$30$30
Office expensesLn 13$0
Information technologyLn 14$187$187
Other expenses (24a–d)Ln 24$7K$7K$0$0
Total functional expensesLn 25$10K$10K$217$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $8K$2K 990 PDF
FY2025 $826$2K 990 PDF
FY2024 Viewing $9K$10K−$1K$2K 990 PDF
FY2023 $47K$71K−$24K$4K 990 PDF
FY2022 $324K$296K$27K$27K 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 FY2024 990 (6 parts)
Part I · Summary $8,976 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $47,231$8,976
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $47,231$8,976
I-13 Grants and similar amounts paidPrior year $0$3,393
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $70,909$6,802
I-18 Total expensesPrior year $70,909$10,195
I-19 Revenue less expensesPrior year −$23,678−$1,219
Part VI · Governance 1 of 1 board members independent, 2 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
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 $8,976 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$7,928
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$8,976
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$8,976
Part IX · Statement of functional expenses $10,195 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $3,393$3,393
IX-11g Other fees for servicesManagement $30$30
IX-13 Office expenses$0
IX-14 Information technologyManagement $187$187
IX-24 Other expenses (24a–d)Programs $6,585 · Management $0 · Fundraising $0$6,585
IX-25 Total functional expensesPrograms $9,978 · Management $217 · Fundraising $0$10,195
Part X · Balance sheet $2,452 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $3,671$2,452
X-16 Total assetsStart of year $3,671$2,452
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,671$2,452
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,671$2,452
X-33 Total liabilities and net assetsStart of year $3,671$2,452
Part XI · Reconciliation of net assets $2,452 net assets at year end
XI-1 Total revenue$8,976
XI-2 Total expenses$10,195
XI-3 Revenue less expenses−$1,219
XI-4 Net assets at start of year$3,671
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$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,452

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

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