Maloto Inc is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2024, Maloto Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maloto Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Maloto Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 0.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
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
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 TO LOSE ANOTHER GENERATION DUE TO A LACK OF EDUCATION. THEY RAISED OVER $600,000 AND, IN SEPTEMBER OF 2010, MZUZU INTERNATIONAL ACADEMY WAS OPENED WITH 35 STUDENTS THE FIRST INTERNATIONALLY ACCREDITED SCHOOL IN NORTHERN MALAWI. IN 2013, MZUZU INTERNATIONAL ACADEMY EXPANDED TO INCLUDE AN INTERNATIONAL PRIMARY SCHOOL. CURRENTLY THERE ARE OVER 375 STUDENTS ATTENDING SCHOOL AT MZUZU ACADEMY. AT THIS TIME, MALOTO PROVIDES A SMALL ANNUAL OPERATING SUBSIDY TO MZUZU ACADEMY, WHICH IS PRIMARILY SUPPORTED BY TUITION AND BOARDING FEES. MALOTO PROVIDES SCHOLARSHIPS TO OVER 20 LOCAL VULNERABLE CHILDREN TO ATTEND MZUZU ACADEMY. MALOTO ALSO PROVIDES SOME FUNDING FOR CAPITAL IMPROVEMENT PROJECTS AS NEEDED.
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. THE KWITHU ORPHAN FEEDING PROGRAM WAS ORIGINALLY CONCEIVED TO PROVIDE HOT MEALS TO THESE ORPHANED CHILDREN AT A TEMPORARY, MAKE-SHIFT COMMUNITY CENTER CONSISTING OF A DIRT FLOOR AND A THATCHED ROOF. IN 2010, MALOTO PROVIDED FUNDING FOR CONSTRUCTION OF A PERMANENT BUILDING TO REPLACE THIS TEMPORARY SHELTER. THIS NEW STRUCTURE HAS ALLOWED THE GROUP TO GREATLY EXPAND ITS CAPACITY AND FEED MANY MORE CHILDREN. THE FEEDING PROGRAM NOW SERVES HOT, NUTRITIOUS MEALS TO OVER 300 CHILDREN THREE TIMES A WEEK. FOR MANY OF THESE CHILDREN, THIS IS THE MOST NUTRITIOUS FOOD THEY WILL RECEIVE ALL WEEK. KWITHU IS A DYNAMIC, COMMUNITY-BASED ORGANIZATION AND HAS GREATLY EXPANDED ITS ACTIVITIES AND ITS REACH. IN ADDITION TO THE FEEDING PROGRAM, THE GROUP NOW OPERATES A NUMBER OF OTHER INITIATIVES FOR VULNERABLE CHILDREN AND FAMILIES IN THE COMMUNITY, INCLUDING:BEFORE- AND AFTER-SCHOOL TUTORING AND RECREATION PROGRAMS FOR OVER 270 CHILDREN, AN HIV/AIDS INFORMATION AND EDUCATION SERVICE, WHICH SUPPORTS MORE THAN 60 HIV+ CHILDREN AND THEIR FAMILIES AND CONDUCTS INFORMATION AND EDUCATION CAMPAIGNS IN THE BROADER COMMUNITY,AN EARLY CHILDHOOD EDUCATION PROGRAM WHICH PROVIDES TWO FULL-DAY LEARNING PROGRAMS FOR 60 CHILDREN, AGES 3-5 YEARS, PROVIDING SCHOLARSHIPS FOR OVER 70 LOCAL ORPHANS AND VULNERABLE CHILDREN TO ATTEND LOCAL SECONDARY SCHOOLS AND MALAWIAN UNIVERSITIES, ANDTHE DEVELOPMENT OF INCOME-GENERATION PROJECTS FOR WOMEN IN THE COMMUNITY WHO OFTEN BEAR THE BURDEN OF PROVIDING FOR THEIR FAMILIES ALONE.THE GROUP ALSO OWNS AND OPERATES ITS OWN GARDEN, WHICH NOT ONLY PROVIDES FOOD FOR THE FEEDING PROGRAM, BUT ALSO PRODUCES EXCESS PRODUCE THAT IS SOLD IN LOCAL MARKETS AND GIVEN TO THE NEEDIEST OF FAMILIES WITHIN THE GROUP.
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. THE ORGANIZATION TOOK AN ENTREPRENEURIAL APPROACH TO ADDRESSING THE MATTER. LEADERS OF KWITHU KITCHEN BROUGHT THE WOMEN TOGETHER WITH THE BOARD MEMBERS AND DEVELOPED ITS FIRST COMMERCIAL PRODUCT: A NATURALLY PRESERVED WHOLE TOMATO PRODUCT, CALLED GARDEN FRESH TOMATOES. RESPONDING TO CONSUMER DEMAND, KWITHU KITCHEN DEVELOPED POPULAR CHOPPED TOMATO AND TOMATO PUREE PRODUCTS.SINCE 2014, KWITHU KITCHEN HAS BUILT TOMATO AND HONEY PROCESSING FACILITIES AND BUILT RELATIONSHIPS WITH MORE THAN 750 SMALL-HOLDER FARMERS AND BEEKEEPERS. KWITHU KITCHEN - CONTINUEDIN 2020, KWITHU KITCHEN RECEIVED GOVERNMENT APPROVAL TO BEGIN SELLING HONEY PRODUCTS. KK QUICKLY BECAME THE COUNTRYS LARGEST HONEY PROCESSOR AND SUPPLIER (PROCESSING AND SELLING MORE THAN 40 TONS OF HONEY ANNUALLY). KWITHU KITCHENS TOMATO AND HONEY PRODUCTS CAN BE FOUND IN ALL OF THE COUNTRYS MAJOR SUPERMARKET AND HOTEL CHAINS.THE ULTIMATE GOAL IS TO MAKE KWITHU KITCHEN A VIABLE BUSINESS, WHICH WOULD PROVIDE EMPLOYMENT FOR UP TO 50 PEOPLE AND A MEANS OF REGULAR INCOME FOR 1,000 SMALL-HOLDER FAMERS AND BEEKEEPERS. A PORTION OF KWITHU KITCHENS SALES IS DONATED TO THE KWITHU WOMENS GROUP TO SUPPORT THEIR PROGRAMS (DESCRIBED ABOVE).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ana Msowoya Keys President | 40 | $92,022 | |
John Keys COO | 40 | $74,000 | |
Liza Nugent Executive Dir. | Trustee | 40 | $0 |
Victoria Harmon Director | Trustee | 1 | $0 |
Claire Johnston Chairman | OfficerTrustee | 5 | $0 |
Jacob Koshland Treasurer | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,097,229 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,097,229 |
Total Program Service Revenue | $0 |
Investment income | $1,522 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,100,874 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $166,022 |
Compensation of current officers, directors, key employees. | $15,701 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $27,789 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $55,816 |
Payroll taxes | $17,189 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,296 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $13,436 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,600 |
Travel | $30,612 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,260 |
Insurance | $3,656 |
All other expenses | $1,970 |
Total functional expenses | $1,124,509 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,679 |
Savings and temporary cash investments | $1 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $100,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,750 |
Net Land, buildings, and equipment | $890 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,550 |
Total assets | $148,870 |
Accounts payable and accrued expenses | $16,958 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1 |
Total liabilities | $16,959 |
Net assets without donor restrictions | $97,943 |
Net assets with donor restrictions | $33,968 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $148,870 |