Malone Unlimited
Nonprofit profile at a glance
- EIN
- 333328740
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Birmingham, AL, USA
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $93,228
- Expenses
- $39,038
- Assets
- $54,190
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- Avanti Paul (Co-Founder and Board Treasurer)
- Claire Cole (Co-founder and Board Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Malone Unlimited is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of 501c3 of the Internal Revenue Code or the corresponding section of any future federal tax code. Malone Unlimiteds purpose is to promote equitable access to wealth-building opportunities for women and non-binary individuals in Alabama and across the Southeast. This comprises efforts to remove barriers to revenue growth and increasing access to capital for female and non-binary business owners as well as empowering women and non-binary individuals to participate as investors. Our programs include: a participatory research that centers the experience of female and non-binary business owners b educational programs that support under-represented business owners to grow their businesses c affinity groups to build financial literacy among women and d coordination of a robust ecosystem of female-focused investors and technical supports.
What it reported doing in 2025
Tailored assistance - supporting 4 small businesses with one-on-one tailored assistance to develop growth model and implementation support. This program will continue into 2026
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 100
- Sustainability: 66
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.5%; rating input score 28
- Program expense ratio: 68%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 58.1%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.39; rating input score 56; 56th 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: Limited
- Asset growth: Limited
Details
- Where the money goes: 28.5% of revenue deployed · 68% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 28/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.