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MALAWI TALENT FUND INC

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Public IRS 990 nonprofit record

MALAWI TALENT FUND INC

EIN 46-4469650 · International Economic Development (Q32)

What they do

THE ORGANIZATION WILL PRIMARILY CONDUCT FUND RAISING IN THE US IN ORDER to SUPPORT THE MISSION IN MALAWI, AFRICA. IN MALAWI, THE ORGANIZATION WILL FOCUS ON THE PROVIDING TRAINING, GUIDANCE and ENCOURAGEMENT for LOCAL INDIVIDUALS WHO ARE INTERESTED IN STARTING SMALL BUSINESSES WITH THE ABILITY to GROW and EMPLOYEE OTHERS. THE BROAD GOAL is to HELP SOLVE THE COUNTRYS HUGE PROBLEM of UNEMPLOYMENT and REDUCE ITS DEPENDENCE ON FOREIGN AID BY ENCOURAGING ENTREPRENEURSHIP. MALAWI TALENT FUND WILL HAVE NO OWNERSHIP or ECONOMIC BENEFIT FROM THE ACTIVITIES. IT WILL JUST BE THERE to HELP OTHERS SUCCEED. MTF MAY PROVIDE MICRO-LOANS to SMALL BUSINESS to HELP THEM GET STARTED, BUT LOANS ARE EXPECTED to BE REPAID WITH INTEREST UNDER WRITTEN TERMS.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$152.85spent for every $100 of revenueSpending was higher than revenue this year.
$2.20of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$1.69in assets for every $1 spent this yearSome assets cannot be spent right away.
91.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $68,966 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$130,504
Expenses$199,470
Annual shortfall $68,966 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$4,327 · 2.2% of expenses
Reported executive compensation (total)$47,750 · 23.9% of expenses
See all reported dollar amounts
Revenue$130,504
Expenses$199,470
Assets$337,070
Income$133,164
Contributions$119,119
Management and general$4,327
Executive compensation (total)$47,750
Stocks and bonds$277,725
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (7)

CHRIS WEAVEREXECUTIVE DI

DANIEL PERKEYDIRECTOR

DAVID KIRKEYTREASURER

GREG KIELICHDIRECTOR

JOSEPH MATTERADIRECTOR

JULIE TUNNELLSECRETARY

STEVE ULREYCHAIRMAN

About this charity

Recognized since
January 2014
Location
5207 NORWICH ST, HILLIARD, OH 43026
County
Franklin
In care of
DAVID KIRKEY
Primary officer
DAVID KIRKEY, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
International Economic Development (Q32)
IRS tax category
International Economic Development

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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