Mona Foundation FY2023 filing
Funds global projects educating children and empowering women to improve their communities. For fiscal year 2023 it reported $3.2M in revenue, $2.6M in expenses, and $5.9M in net assets.Pt I
- Founded
- 1999
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Bellevue, WA
- Website
- www.monafoundation.org
- Filings
- 6 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Fundaec, Colombia
$337,140: Facilitated the purchase of an office building for FUNDAECs Research Center in Education for Development and supported three FUNDAEC programs: 1). Supporting Community Leaders program helped 107 youth from 34 communities to achieve excellence in a trade or profession, exercise leadership, and contribute to bettering their…
Educational Initiatives, India
$194,031: 1) 76,270 students were provided access to Mindspark AI-driven adaptive learning software; 2) 296 teachers trained to use Mindspark in 1,423 schools across four states, 3) 20,000 parents trained or engaged in support of their childrens education.
Digital Study Hall, India
$175,000, aka Study Hall Educational Foundation: 1) 313,973 students were educated and 1,570 teachers were trained, and 437,145 parents were engaged across all SHEF programs: 2) Aarohini Girls Education and Empowerment program educated 72,286 students in 858 schools 3) Provided 150 K-12 scholarships to Prerna Girls School AND 25…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Laura Baerwolf’s $112K as Managing Director is at the 41st percentile of top reported officer pay among 1688 $1–10M 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
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Mahnaz Javid | $8,125 | $130,000 | $127,583 | — | — |
| Mahnaz Javid | — | — | — | $129,583 | $108,333 |
| Laura Baerwolf | $112,432 | — | — | — | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 6% | — | — |
| Revenue growth | 2% | — | — |
| Accounting fee ratio | 2% | — | — |
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.
Grants
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Filings & Schedule Manifest
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Sources
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