The Mady Sissoko Foundation

Nonprofit profile at a glance

EIN
883233863
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Provo, UT, USA
Phone
8016024288
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Economic Development

Reported finances

Revenue
$90,500
Expenses
$19,706
Assets
$81,337

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Maddy Sissoko (Director; President)

People named in this filing

  • Michael Paul Clayton (Director; Treasurer)
  • Maddy Sissoko (Director; President)
  • Paul Ferron Olson (Director; 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Break the cycle of poverty and promote well-being and self-sufficiency among poor and disadvantaged individuals and villages in Africa by providing wellness and education through building schools, wells and health clinics.

What it reported doing in 2024

Built housing facility for 3 school teachers of the Mady Sissoko Foundation Elementary School in Tangafoya Village, Mali, West Africa to promote education for children in surrounding villages. Will benefit hundreds of students.

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 100% of its reported program spending out as grants.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.8%; rating input score 22
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 78.2%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.13; rating input score 81; 81st 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: -155% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -50.5% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 154.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 21.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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 — Financial Efficiency: Mission deployment rate scored 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.