Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $107,612,333

• 1f · All other contributions, gifts and grants

  $20,407,280

• 3 · Investment income

  total $1,032,581 · excluded $1,032,581

• 7a · Gross sales of assets other than inventory

  securities $18,350,851

• 7b · Less cost or other basis and sales expenses

  securities $15,776,266

• 7c · Gain or loss

  securities $2,574,585

• 7d · Net gain or loss

  total $2,574,585 · excluded $2,574,585

• 11d · All other revenue

  total $142,780 · related or exempt $142,780

• 11e · Other revenue, total

  $142,780

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,262,905 · program services $2,262,905

• 3 · Grants to foreign organizations and individuals

  total $21,706,543 · program services $21,706,543

• 5 · Compensation of officers, directors and key employees

  total $4,302,937 · program services $963,196 · management and general $3,339,741

• 7 · Other salaries and wages

  total $54,976,450 · program services $36,087,395 · management and general $18,882,555 · fundraising $6,500

• 8 · Pension plan contributions

  total $3,426,868 · program services $2,338,376 · management and general $1,088,094 · fundraising $398

• 9 · Other employee benefits

  total $6,020,587 · program services $3,555,838 · management and general $2,463,819 · fundraising $930

• 10 · Payroll taxes

  total $2,497,138 · program services $963,922 · management and general $1,532,670 · fundraising $546

• 11b · Fees: legal

  total $389,912 · program services $107,815 · management and general $282,097

• 11c · Fees: accounting

  total $420,709 · program services $131,649 · management and general $289,060

• 11g · Fees: other

  total $6,936,164 · program services $6,028,336 · management and general $907,828

• 13 · Office expenses

  total $3,480,483 · program services $2,731,312 · management and general $749,171

• 14 · Information technology

  total $2,907,931 · program services $1,234,880 · management and general $1,673,051

• 16 · Occupancy

  total $2,636,745 · program services $1,683,457 · management and general $953,288

• 17 · Travel

  total $6,560,723 · program services $5,877,506 · management and general $683,217

• 19 · Conferences, conventions and meetings

  total $665,783 · program services $536,493 · management and general $129,290

• 20 · Interest

  total $6,398 · management and general $6,398

• 22 · Depreciation, depletion and amortization

  total $400,226 · program services $6,024 · management and general $394,202

• 23 · Insurance

  total $1,037,403 · program services $439,545 · management and general $597,858

• 24a · Other expenses: SUBCONTRACT COSTS

  total $4,308,372 · program services $4,201,192 · management and general $107,179

• 24b · Other expenses: BAD DEBTS

  total $2,768,928 · management and general $2,768,928

• 24c · Other expenses: EQUIPMENT AND SUPPLIES

  total $2,637,843 · program services $2,636,916 · management and general $927

• 24d · Other expenses: RESERVE FOR INVESTMENT

  total $1,390,656 · management and general $1,390,656

• 24e · All other expenses

  total $5,829 · program services $1,239 · management and general $4,590

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,137,204 · end of year $39,554,692

• 2 · Savings and temporary cash investments

  beginning of year $8,039,354 · end of year $4,648,067

• 4 · Accounts receivable

  beginning of year $23,877,901 · end of year $6,460,237

• 7 · Other notes and loans receivable

  beginning of year $1,345,181 · end of year $210,543

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,587,192 · end of year $1,421,755

• 10a · Land, buildings and equipment: cost or other basis

  $731,038

• 10b · Land, buildings and equipment: accumulated depreciation

  $386,652

• 10c · Land, buildings and equipment, net

  beginning of year $408,864 · end of year $344,386

• 11 · Investments: publicly traded securities

  beginning of year $17,197,027 · end of year $75,461

• 12 · Investments: other securities

  beginning of year $1,510,556 · end of year $116,750

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $7,558,017 · end of year $5,387,212

• 17 · Accounts payable and accrued expenses

  beginning of year $17,236,440 · end of year $8,508,017

• 19 · Deferred revenue

  beginning of year $6,806,030 · end of year $5,376,745

• 25 · Other liabilities

  beginning of year $8,686,974 · end of year $7,486,272

• 27 · Net assets without donor restrictions

  beginning of year $37,630,211 · end of year $33,496,978

• 28 · Net assets with donor restrictions

  beginning of year $3,301,641 · end of year $3,351,092

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:

PAYMENTS FOR TRAVEL EXPENSES AND HOUSING ALLOWANCES ARE ONLY MADE TO MSH STAFF ON INTERNATIONAL ASSIGNMENT IN ACCORDANCE WITH THE DEPARTMENT OF STATE STANDARDIZED REGULATIONS (DSSR) AS DEFINED IN THE EMPLOYEE'S TERMS OF ASSIGNMENT MSH REQUIRES QUALITY DOCUMENTATION / RECEIPTS FOR REIMBURSEMENT OF ALL EXPENSES. MSH COVERS TRAVEL FOR AN ELIGIBLE SPOUSE, DEPENDENT(S) AND ELIGIBLE STAFF ON INTERNATIONAL ASSIGNMENT IN ACCORDANCE WITH USAID OPERATIONAL POLICIES (ADS) UNDER THE REST AND RECUPERATION(R&R) TRAVEL PROGRAM AS DEFINED IN THE EMPLOYEE'S TERMS OF ASSIGNMENT.

PART I, LINE 7:

THE PURPOSE OF THE MSH LEADERSHIP INCENTIVE PLAN (THE "PLAN") IS TO PROVIDE DISCRETIONARY INCENTIVE COMPENSATION FOR ELIGIBLE EXECUTIVES AND KEY EMPLOYEES OF MANAGEMENT SCIENCES FOR HEALTH (MSH). THE PLAN IS DESIGNED TO ALIGN A PORTION OF SENIOR LEADERSHIP COMPENSATION WITH THE ACHIEVEMENT OF PERFORMANCE GOALS THAT SUPPORT MSH'S MISSION AND STRATEGIC OBJECTIVES. THE PLAN RECOGNIZES THESE KEY CONTRIBUTIONS, BUT ALSO SERVES TO ATTRACT AND RETAIN KEY STAFF WHILE FOCUSING THEIR ATTENTION AND EFFORTS ON THE AREAS THAT ARE MOST CRITICAL TO ACHIEVING MSH'S MISSION. THE PERFORMANCE GOALS ARE DEVELOPED IN CONJUNCTION WITH THE CEO AND ASSESSED BY THE CEO, OR THE PEOPLE, CULTURE AND COMPENSATION COMMITTEE FOR THE CEO. THE INCENTIVE COMPENSATION CALCULATIONS ARE BASED ON THE LEVEL OF ATTAINMENT OF THE PERFORMANCE GOALS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• MEDSOURCE GROUP LIMITED

  C · SEE PART VII · KE · 100% owned · share of income $81 · share of assets $226,373 · controlled entity

  Directly controlled by MSH

• MSH INDIA HEALTH MANAGEMENT PRIVATE LTD

  C · SEE PART VII · IN · 100% owned · share of income $904,541 · share of assets $125,831 · controlled entity

  Directly controlled by MSH