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Filing year 2024

MALOTO INC

New York, New York·EIN 54-2096241·NTEE B11 · Education·3
Total revenue
$1.4M
Total assets
$229k
Total expenses
$1.4M
Reported officers
16
Mission

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

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

President
Unclassified
$92k
$99k
COO
10th to 25th percentile
$74k
$80k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MALOTO INC equaled 7% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
7%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Fell 12%
over 3 years

From $104k in 2021 to $92k in 2024.

$104k
2021
$92k
2023
$92k
2024
In today's dollarsEst.
Down 23% in real terms$129k to $99k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Operating Officer pay fell 11% from 2021 to 2024, while revenue rose 10%.

$84k in 2021 to $74k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MALOTO INC

What does the Chief Operating Officer of MALOTO INC earn?

In 2024, the Chief Operating Officer of MALOTO INC received $74,000 in total compensation. This pay is in the bottom quarter for Chief Operating Officer roles among Education organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at MALOTO INC compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2024 pay of the Chief Operating Officer at MALOTO INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MALOTO INC equaled 7% of the organization's total expenses. The median for education organizations is 6%.

What are MALOTO INC's revenue and expenses?

In 2024, MALOTO INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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