Mayas Hope Foundation Inc
Nonprofit profile at a glance
- EIN
- 273889674
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013, Form 990-N 2011
- Location
- New York, NY, USA
- Phone
- 3476996292
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $743,635
- Expenses
- $774,995
- Assets
- $823,684
- Liabilities
- $31,105
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Julia Maksimova (Vice President)
Highest reported compensation
- Maya Crauderueff (Pres. & Exec. D): $111,509 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mayas Hope Foundation, Inc. (the Foundation) works to improve the quality of life of orphaned, impoverished, and special-needs children on a global scale. The Foundation is primarily funded by contributions and its annual Gala.
What it reported doing in 2024
Sponsor a Child (Philippines): Sponsors provide nutrition, access to medical care, and basic necessities to a child in need in the Philippines. Number of children who have been sent to college in the Philippines - 35.Emergency Medical Fund: Children who live in extreme poverty in the Philippines are often denied access to medical care. This sponsorship provides emergency funding for medical needs. Number of children who have been provided surgeries - 17.Ukraine Fund: Provides critical support to children with special needs living in institutions and impoverished families across Ukraine. Through this program, children receive essential supplies, including formula, hygiene products, therapy, and medical care, ensuring their well-being and development. Number of children living in orphanages, institutions, foster homes and with their families in Ukraine receiving nutrition, healthcare and immediate needs - 3,715.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 77
- Accountability: 92
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 85.5%; rating input score 85
- Fundraising efficiency: $43.1 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.2%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 14.4%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 17.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 16.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 21.9% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 85.5% of spending went to programs
- Governance: 6 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $663K in reported program spending
- Leadership: top reported pay $112K · 7 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 24/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.