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Nonprofiteer
← MALOUF FOUNDATION

Form 990 for tax year 2024

Filed by MALOUF FOUNDATION.

Totals

Total revenue
$486,857
Total expenses
$1,687,764
Contributions and grants received
$329,935
Grants paid
$1,166,791
Program service revenue
$0
Investment income
$124,843
Other revenue
$32,079
Total assets, end of year
$2,683,726
Total liabilities, end of year
$49,880
Net assets or fund balances, end of year
$2,633,846
Program services expenses (Part IX)
$1,506,378
Management and general expenses
$101,439
Fundraising expenses
$79,947
Program service expenses (Part III)
$1,506,378

Program services were 89.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $7,602

  • 1f · All other contributions, gifts and grants

    $322,333

  • 1g · Noncash contributions included above

    $59,681

  • 3 · Investment income

    total $124,843 · excluded $124,843

  • 8a · Fundraising events: gross income

    $49,531

  • 8b · Fundraising events: direct expenses

    $17,555

  • 8c · Net income from fundraising events

    total $31,976 · excluded $31,976

  • 11a · Other revenue: Other

    total $103 · related or exempt $103

  • 11e · Other revenue, total

    $103

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,166,791 · program services $1,166,791

  • 5 · Compensation of officers, directors and key employees

    total $127,605 · program services $32,352 · management and general $35,720 · fundraising $59,533

  • 7 · Other salaries and wages

    total $170,058 · program services $170,058

  • 8 · Pension plan contributions

    total $10,207 · program services $207 · management and general $4,500 · fundraising $5,500

  • 9 · Other employee benefits

    total $39,029 · program services $24,273 · management and general $4,842 · fundraising $9,914

  • 10 · Payroll taxes

    total $23,865 · program services $15,365 · management and general $3,500 · fundraising $5,000

  • 11b · Fees: legal

    total $37,337 · management and general $37,337

  • 11c · Fees: accounting

    total $15,540 · management and general $15,540

  • 11g · Fees: other

    total $7,865 · program services $7,865

  • 12 · Advertising and promotion

    total $3,860 · program services $3,860

  • 13 · Office expenses

    total $8,019 · program services $8,019

  • 16 · Occupancy

    total $52,330 · program services $52,330

  • 17 · Travel

    total $20,842 · program services $20,842

  • 23 · Insurance

    total $2,260 · program services $2,260

  • 24a · Other expenses: Other

    total $2,156 · program services $2,156

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,866,965 · end of year $6,939

  • 2 · Savings and temporary cash investments

    end of year $2,533,193

  • 3 · Pledges and grants receivable

    end of year $9,849

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,561

  • 11 · Investments: publicly traded securities

    beginning of year $64,461 · end of year $133,745

  • 17 · Accounts payable and accrued expenses

    beginning of year $105,739 · end of year $49,880

  • 27 · Net assets without donor restrictions

    beginning of year $3,827,248 · end of year $2,633,846

Mission and programs · 2024

Mission

To confront child sexual exploitation, specifically sex trafficking and online abuse. We fulfill our mission by providing education, promoting healing, and furthering advocacy for survivors.

  • Provide education, promoting healing, and furthering advocacy for survivors.

    Expenses $1,506,378 · Grants $1,166,791

As filed on the 2024 return.

Listed in Part VII

  • Clay Olsen

    Board Member

    Total calculated
    $244,887
    From this org
    $0
    From related orgs
    $216,615
    Other
    $28,272
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $216,615 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,000 related
    Nontaxable benefits
    $0 + $18,272 related
    Filer's total
    $0 + $244,887 related

  • Kacie Malouf

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Sam Malouf

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Smart

    Board Member

    Total calculated
    $143,096
    From this org
    $0
    From related orgs
    $120,000
    Other
    $23,096
    Hours/week
    1

  • Brooke Bello

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jake Neeley

    Executive Director

    Total calculated
    $139,080
    From this org
    $127,605
    From related orgs
    $0
    Other
    $11,475
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202543219349324589

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