Maitreyimas Foundation

Nonprofit profile at a glance

EIN
883712671
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Redondo Beach, CA, USA
Rating confidence
Limited
Sector
Education N.E.C.

Reported finances

Revenue
$0
Expenses
$42,255
Assets
$27,610

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Maitreyi Ramakrishnan (President)

People named in this filing

  • Maitreyi Ramakrishnan (President)
  • Ramakrishnan Selvarajah (CFO)
  • Kiruthiha Kulendiren (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide assistance to girls to pursue their education and to alleviate poverty. The specific purpose of this corporation is to sponser education for women in under developed countries. This corporation is organized and operated exclusively for the purposes set forth within the meaning of Internal Revenue Code Section 501(c)(3)Maitreyimas Foundation is committed to funding the five women to pursue and complete their post secondary education. The foundation will continue to identify and support women from improvised families pursuing post secondary education.

What it reported doing in 2024

The foundation was approved in December of 2022 and Maitreyi made a donation of $100,000 into the foundation. At the beginning of 2023, the foundation made payments to five women studying at the Asian University for Women in Bangladesh to the amount of $25,000. This amount covered tuition fees and personal expenses. The money was transferred to the university, which took payment for the fees and provided the women being sponsored the balance.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.65; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -55% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.