Myanmar Impact Fund
Nonprofit profile at a glance
- EIN
- 863332760
- IRS 990 coverage
- 2021–2025
- Forms available
- Form 990 2025
- Location
- Hartsdale, NY, USA
- Phone
- 3472559226
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $1,400
- Expenses
- $21
- Assets
- $8,672
- Liabilities
- $6,533
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Nyi Aye (Director)
- NyoNyo Aung Kyaw (Director)
- Nilar Myaing (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Myanmar Impact Fund works for the social, economic, and environmental improvement of the people of Myanmar (Burma) by supporting the efforts of the organizations and individuals who are providing humanitarian aid to those in need.
What it reported doing in 2025
The Myanmar Impact Fund (MIF) was incorporated in April 2021, and in the fifth year of its operations, MIF's program expenses were $21 while its revenues were $1,400. MIF's overarching goal is to alleviate the suffering of the Myanmar people due to the unprecedented humanitarian catastrophe by supporting organizations and individuals providing humanitarian aid to those in need. The organization remains committed to fundraising and implementing program services activities in line with its program objectives and mission. However, it is worth noting that in the fifth year of operations, the size of expenses and revenues of MIF programs remained small. Due to the unique nature of the crisis and the Myanmar diaspora constituting the majority of donors, more donations were made for targeted beneficiaries influenced by their place of origin and/or relationships. (Continued on Schedule O, Statement 1)
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 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 90
- Accountability: 30
- Sustainability: 84
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.5%; rating input score 2
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 10th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 98.5%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 412.95; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: -50.9% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -52.3% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -23.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 1.5% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 3 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $21 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 40 of 40 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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 2/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.