Maya's Hope Foundation Inc
Every child has value
Maya's Hope Foundation Inc
EIN: 27-3889674
as of September 2024
as of September 09, 2024
Mission
Maya’s Hope works to improve the quality of life of orphaned, impoverished, and special-needs children on a global scale. Whether providing funding for loving caregivers, vitamin-rich formula, or access to quality medical care, Maya’s Hope improves lives, one child at a time! Maya’s Hope is a 501(c)3 organization dedicated to helping cutie pies around the world.
Notes from the nonprofit
Thank you for taking the time to learn about our work at Maya's Hope. Our mission to help children who are impoverished, disadvantaged, orphaned or have special needs drives us every day to create lasting change. We're deeply grateful for the generous support of our donors, which enables us to save and improve lives every day. Your contributions whether through donations, volunteering, or advocacy make a tangible difference. Together, we can build a better future for the cutie pies at Maya's Hope. Thank you! www.mayashope.org
Ruling year
2012
Founder and President
Maya Crauderueff
Main address
244 Fifth Avenue, Suite D176
New York, NY 10001 USA
EIN
27-3889674
Human services
Philanthropy
Youth development
Population served
Children and youth
Economically disadvantaged people
People with disabilities
NTEE code
Fund Raising and/or Fund Distribution (P12)
Fund Raising and/or Fund Distribution (T12)
Fund Raising and/or Fund Distribution (O12)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
In many places around the world, children do not have access to education, medical care, or other basic necessities. In Ukraine, parents of children with special needs are encouraged to put their children in state care. These children are sent to institutions where they are often subjected to abuse and neglect. There is little support, financial or emotional, for parents who choose to keep their children at home with them. Meanwhile, the children who live in the institutions need loving caregivers, cheerful surroundings and basic supplies, which are often in short supply. Children in the Philippines who live in extreme poverty lack access to quality healthcare. They are often denied government assistance, so medical conditions that could have been treated become life- threatening. This is particularly true of children with special needs. Even healthy children need tools to succeed in school, such as uniform, shoes, books, and supplies. These basic needs are often not met.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Sponsor a Child (Philippines)
For $33 USD a month, sponsors provide nutrition, access to medical care, and basic necessities to a child in need in the Philippines.
Sponsor A Child Program (Ukraine)
Children with special needs who live in institutions or foster care can receive additional support through caregivers, and other basic needs.
Guardian Angel
This program provides caregivers for children with special needs residing in foster homes or institutions within Ukraine.
Margarita's Hope
Children with special needs receive formula, therapy and other medical needs with this sponsorship.
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.
Where we work
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of children who have been sent to college in the Philippines
This metric is no longer tracked.Totals By Year
Population(s) Served
Pacific Islanders, People of Southeast Asian descent, Extremely poor people, Low-income people, Adolescents
Related Program
Sponsor a Child (Philippines)
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of children who have been provided surgeries
This metric is no longer tracked.Totals By Year
Population(s) Served
Children and youth, People with disabilities, Extremely poor people, Low-income people
Related Program
Emergency Medical Fund
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
Surgeries include but are not limited to cranial, urachal cysts, cystic hygromas, sacrococcygeal teratomas, hernia, esophageal, abdominal, imperforate anus, spinal, hip and tongue reconstructions.
Number of children living in orphanages, institutions, foster homes and with their families in Ukraine receiving nutrition, healthcare and immediate needs
This metric is no longer tracked.Totals By Year
Population(s) Served
Children and youth, People of European descent, Multiracial people, People with disabilities, Low-income people
Related Program
Sponsor A Child Program (Ukraine)
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
Children living in orphanages, institutions, foster homes, and with their families in Ukraine receiving aid from Maya's Hope.
Number of children who have been helped by Maya's Hope
This metric is no longer tracked.Totals By Year
Population(s) Served
Children and youth, People with disabilities, Orphans, Foster and adoptive children, Extremely poor people
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
Target Populations are children in Ukraine and Philippines who are either impoverished, disadvantaged, orphaned or have special needs.
Number of children who have been adopted thanks to the awareness we spread
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Many children whom we served were found through awareness we spread through videos. We can no longer track this metric. Our special guest in 2022 was adopted in January 2022.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Maya's Hope works to improve the quality of life of orphaned, impoverished, and special-needs children on a global scale. Whether providing funding for loving caregivers, vitamin-rich formula, or access to quality medical care, Maya's Hope improves lives, one child at a time!
What are the organization's key strategies for making this happen?
Through sponsorship and donations, donors provide funds to help with our programs which provide consistent care, education and access to medical care. Maya's Hope identifies children and families who are in great need and monitors the progress of each child through our charity partners in both the Philippines and Ukraine. We provide updates through social media to allow transparency of our programs and funding.
What are the organization's capabilities for doing this?
Maya's Hope thrives thanks to the leadership of the board, its volunteers, donors and staff. Maya's Hope has strategic partnerships with charities that implement our programs in Ukraine and the Philippines. From New York City, we improve and save lives one child at a time.
What have they accomplished so far and what's next?
Maya’s Hope is currently sponsoring and providing care for 500+ children in the Philippines and 600+ children in institutions and foster homes in Ukraine. Since 2010, more than 45 children have been adopted thanks to awareness spread by Maya’s Hope. More than 60 life-saving medical procedures have been performed.
Maya's Hope has expanded from one charity partner in Zaporizhia, Ukraine to 4 partners in both Eastern and Western Ukraine. Maya's Hope has taken children with rare conditions to help provide medical assistance. We plan on expanding our program in the Philippines to include more children with special needs.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
10.16
Months of cash in 2022 info
8.5
Fringe rate in 2022 info
47%
Funding sources info
Assets & liabilities info
Financial data
Maya's Hope Foundation Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Maya's Hope Foundation Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | -$38,562 | $22,884 | $85,025 | $85,996 | $359,585 |
| As % of expenses | -12.3% | 7.7% | 20.3% | 14.3% | 35.7% |
| Unrestricted surplus (deficit) after depreciation | -$38,987 | $22,148 | $84,492 | $85,623 | $359,211 |
| As % of expenses | -12.4% | 7.4% | 20.1% | 14.2% | 35.6% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $274,717 | $321,442 | $504,185 | $689,324 | $1,367,622 |
| Total revenue, % change over prior year | -1.6% | 17.0% | 56.9% | 36.7% | 98.4% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% |
| Government grants | 0.0% | 0.0% | 2.2% | 0.0% | 0.0% |
| All other grants and contributions | 99.1% | 99.5% | 97.8% | 99.9% | 100.0% |
| Other revenue | 0.9% | 0.5% | 0.0% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $313,077 | $298,813 | $419,302 | $603,328 | $1,007,636 |
| Total expenses, % change over prior year | 10.5% | -4.6% | 40.3% | 43.9% | 67.0% |
| Personnel | 16.4% | 18.3% | 15.4% | 11.6% | 12.4% |
| Professional fees | 7.3% | 7.2% | 6.1% | 8.1% | 5.0% |
| Occupancy | 5.1% | 5.5% | 5.5% | 0.0% | 0.5% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 62.6% | 59.8% | 68.8% | 74.2% | 71.6% |
| All other expenses | 8.6% | 9.3% | 4.2% | 6.0% | 10.5% |
| Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $313,502 | $299,549 | $419,835 | $603,701 | $1,008,010 |
| One month of savings | $26,090 | $24,901 | $34,942 | $50,277 | $83,970 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $1,866 | $0 | $0 | $0 |
| Total full costs (estimated) | $339,592 | $326,316 | $454,777 | $653,978 | $1,091,980 |
Capital structure indicators
| Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Months of cash | 3.6 | 4.1 | 6.1 | 6.7 | 8.5 |
| Months of cash and investments | 3.7 | 4.1 | 6.2 | 6.7 | 8.5 |
| Months of estimated liquid unrestricted net assets | 3.6 | 4.6 | 5.7 | 5.7 | 7.7 |
| Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $93,723 | $101,129 | $214,542 | $334,786 | $713,555 |
| Investments | $1,574 | $1,937 | $2,138 | $2,567 | $2,210 |
| Receivables | $5,700 | $12,400 | $5,000 | $15,845 | $1,000 |
| Gross land, buildings, equipment (LBE) | $3,096 | $4,963 | $4,226 | $4,227 | $4,227 |
| Accumulated depreciation (as a % of LBE) | 81.1% | 65.4% | 72.0% | 80.8% | 89.7% |
| Liabilities (as a % of assets) | 8.0% | 1.5% | 9.4% | 18.8% | 9.8% |
| Unrestricted net assets | $95,273 | $117,421 | $201,913 | $287,536 | $646,747 |
| Temporarily restricted net assets | $0 | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
| Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
| Total net assets | $95,273 | $117,421 | $201,913 | $287,536 | $646,747 |
Key data checks
| Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Founder and President
Maya Crauderueff
Following the loss of her mother in 2008, Maya Crauderueff traveled to the Philippines to visit orphanages, where she found many children living in deplorable conditions. Upon her return to New York City, she reached out to companies asking for donations of products, which she forwarded to those orphanages. As the project to send goods grew, her friend Michael Meltzer suggested she start a non-profit organization and, in 2010, Maya's Hope became a registered 501(c)3 charity in New York City.
What began with individual child sponsorships soon grew to include funding caregivers, formula, medical emergencies and more. Maya's Hope currently focuses on children in both the Philippines and Ukraine who are living in extreme poverty, in institutions, or have special needs.
With the help of the board members and volunteers, Maya has grown the organization from a small-scale effort to help poor children in slum areas to a successful 501(c)3 that saves and improves children’s lives in a variety
Number of employees
Source: IRS Form 990
Maya's Hope Foundation Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Maya's Hope Foundation Inc
Board of directorsas of 05/09/2024
Board of directors data
Mr. Michael Meltzer
Tocqueville Asset Management
Term: 2012 -
Maya Crauderueff
Michael Meltzer
Tocqueville Asset Management
David Cohen
Elwood Capital
Julia Maksimova
Mova
Ava Mehta
Bank of America
Semanti Datta Kulkarni
Gilead Capital
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G
Solicitation activities
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- Letter of Determination
- Form 1023 / 1024
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