Civic Intelligence

Deutsche Bank Microcredit Development

990 • Fiscal year 2018 • EIN 13-3957277

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 24, 2019

Organization ProfileN/A
345 Park AvenueNew York, NY 10154

(212) 250-5632

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.33x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

13th percentile

-11%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-59%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$4,093,649

Down $494,137 (-11%) from 2017

Net Assets

Up

$4,067,804

Up $21,496 (+0.5%) from 2017

Liabilities

Down

$25,845

Down $515,633 (-95%) from 2017

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin75th percentile

Revenue

Down

$77,359

Down $109,963 (-59%) from 2017

Expenses

Up

$63,937

Up $13,517 (+27%) from 2017

Net Income

Down

$13,422

Down $123,480 (-90%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $3,300,365Liabilities 2010: $833,040Net Assets 2010: $2,467,3252010Assets 2011: $3,480,430Liabilities 2011: $936,216Net Assets 2011: $2,544,2142011Assets 2012: $4,410,762Liabilities 2012: $811,707Net Assets 2012: $3,599,0552012Assets 2013: $4,418,741Liabilities 2013: $622,953Net Assets 2013: $3,795,7882013Assets 2014: $4,300,875Liabilities 2014: $435,197Net Assets 2014: $3,865,6782014Assets 2015: $4,406,216Liabilities 2015: $464,325Net Assets 2015: $3,941,8912015Assets 2016: $4,475,843Liabilities 2016: $533,623Net Assets 2016: $3,942,2202016Assets 2017: $4,587,786Liabilities 2017: $541,478Net Assets 2017: $4,046,3082017Assets 2018: $4,093,649Liabilities 2018: $25,845Net Assets 2018: $4,067,8042018Assets 2019: $3,694,367Liabilities 2019: $3,500Net Assets 2019: $3,690,8672019

Highlighted filing

2018

Assets$4,093,649
Liabilities$25,845
Net Assets$4,067,804
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$500K$0-$500KExpenses 2010: $35,8142010Expenses 2011: $58,8072011Revenue 2012: $142,828Expenses 2012: $106,034Net Income 2012: $36,7942012Revenue 2013: $178,990Expenses 2013: $48,716Net Income 2013: $130,2742013Revenue 2014: $101,555Expenses 2014: $54,250Net Income 2014: $47,3052014Revenue 2015: $162,936Expenses 2015: $133,905Net Income 2015: $29,0312015Revenue 2016: $232,156Expenses 2016: $101,251Net Income 2016: $130,9052016Revenue 2017: $187,322Expenses 2017: $50,420Net Income 2017: $136,9022017Revenue 2018: $77,359Expenses 2018: $63,937Net Income 2018: $13,4222018Revenue 2019: $12,542Expenses 2019: $412,479Net Income 2019: -$399,9372019

Highlighted filing

2018

Revenue$77,359
Expenses$63,937
Net Income$13,422
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 24, 2019
Return Version
2018v3.1
Gross Receipts
$77,359
Mission and Program Overview

Mission

The deutsche bank microcredit development fund, inc. Was created to support the growth, effectiveness, and sustainability of microcredit programs that serve the poor with access to credit for self-employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,798,417$2,958,588▲ $160,171
Investments Program Related$1,768,298$1,127,000▼ $641,298
Accounts Receivable$21,071$8,061▼ $13,010
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,587,786$4,093,649▼ $494,137
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$396,915--
Other Liabilities$121,016--
Accounts Payable and Accrued Expenses$23,547$25,845▲ $2,298
Total Liabilities$541,478$25,845▼ $515,633
Net Assets / Fund Balance
Unrestricted Net Assets$4,046,308$4,067,804▲ $21,496
Total Net Assets Fund Balance$4,046,308$4,067,804▲ $21,496
Total Liabilities and Net Assets / Fund Balance$4,587,786$4,093,649▼ $494,137
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Scott ReardonChairman
Gary S HattemPresident
Alex CountsDirector
Asad MahmoodDirector
Ben MidberryDirector
Caroline VanceDirector
Maureen D DonovanDirector
Richard W Thaler JrDirector
Shahin AhdiehDirector
Michael RauenhorstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,000
Program Service Revenue
$71,359
Investment Income
$0
Other Revenue
$0
All Other Contributions
$6,000
Change in Net Assets
$13,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$77,359
Revenue Not Reported on Form 990
$57,512
Total Revenue per Audited Statements
$134,871
Total Revenue per Form 990
$77,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,937
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$43,500--$43,500
Other Expenses-$10,585-$10,585
Fees for Services Other$6,000$323-$6,323
Insurance-$2,595-$2,595
Interest$934--$934
Total Functional Expenses$50,434$13,503$0$63,937

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$108,361
Expenses per Audited Statements$63,937
Total Expenses per Form 990$63,937
Expenses Not Reported on Form 990$44,424
International Activity

International Summary

Spending
$1,150,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram Service Invstmnt.Micro Finance Loan00$750,000
South AmericaProgram Service Invstmnt.Micro Finance Loan00$400,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 is reviewed by the fund manager prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members receive a copy of the conflict of interest policy at the start of their relationship with the organization and periodically thereafter as determined from time to time by the board. Whenever a board member becomes aware that any conflict exists, he or she is required to disclose it to the board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Deutsche Bank Microcredit Development
EIN
13-3957277
Phone
2122505632
Address
345 Park Avenue, New York, NY 10154

Signing Officer

Name
Gary S Hattem
Title
President
Signed
2019-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary S Hattem
Formed
1997
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
15

Preparer

Firm
Bca Watson Rice Llp
Address
5 PENN PLAZA 15TH FL, NEW YORK, NY 10001-1810
Preparer
Baruti Bediako CPA
Phone
2124477300
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Adjmt for overstmt of prov for credit Loss = $13088”

Sch F Part II 1(D)

“The loans and guarantees were made to support microfinance institutions that serve the poor by providing access to financial services.”

Financial Statement Notes

Part X : FIN48 Footnote

“The DB MDF has concluded that there are no uncertain tax positions that would require recognition in the financial statements. If the DB MDF was to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax liability would be reported as income taxes. The DB MDF's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based upon ongoing analyses of tax laws, regulations and interpretations thereof as well as other factors. Generally, federal, state, and local authorities may examine the DB MDF's tax returns for three years from the date of filing; consequently, the respective tax returns for years prior to 2015 are no longer subject to examination by tax authorities.”

Raw XML AppendixShowing 400 of 456 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt023547
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025845
IRS990/AccountsReceivableGrp/BOYAmt021071
IRS990/AccountsReceivableGrp/EOYAmt08061
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE DEUTSCHE BANK MICROCREDIT DEVELOPMENT FUND, INC. WAS CREATED TO SUPPORT THE GROWTH, EFFECTIVENESS, AND SUSTAINABILITY OF MICROCREDIT PROGRAMS THAT SERVE THE POOR WITH ACCESS TO CREDIT FOR SELF-EMPLOYMENT.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt06000
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Caroline Vance
IRS990/BooksInCareOfDetail/PhoneNum02122505632
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0Deutsche Bank 345 Park Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010154
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02798417
IRS990/CashNonInterestBearingGrp/EOYAmt02958588
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt063937
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt071359
IRS990/CYRevenuesLessExpensesAmt013422
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt063937
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt077359
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The organization raises capital to fund loans to Microfinance Entrepreneurs around the world. During 2018, the organization provided $400,000 loans to Micro-finance institution serving the poor in developing countries and total existing loans is $1,150,000.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt050434
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt043500
IRS990/FeesForServicesAccountingGrp/TotalAmt043500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0323
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06000
IRS990/FeesForServicesOtherGrp/TotalAmt06323
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Scott Reardon
IRS990/Form990PartVIISectionAGrp/PersonNm1Gary S Hattem
IRS990/Form990PartVIISectionAGrp/PersonNm2Michael Rauenhorst
IRS990/Form990PartVIISectionAGrp/PersonNm3Alex Counts
IRS990/Form990PartVIISectionAGrp/PersonNm4Asad Mahmood
IRS990/Form990PartVIISectionAGrp/PersonNm5Ben Midberry
IRS990/Form990PartVIISectionAGrp/PersonNm6Caroline Vance
IRS990/Form990PartVIISectionAGrp/PersonNm7Richard W Thaler Jr
IRS990/Form990PartVIISectionAGrp/PersonNm8Shahin Ahdieh
IRS990/Form990PartVIISectionAGrp/PersonNm9Maureen D Donovan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt077359
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02595
IRS990/InsuranceGrp/TotalAmt02595
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0934
IRS990/InterestGrp/TotalAmt0934
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01768298
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01127000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DE
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE DEUTSCHE BANK MICROCREDIT DEVELOPMENT FUND, INC. WAS CREATED TO SUPPORT THE GROWTH, EFFECTIVENESS, AND SUSTAINABILITY OF MICROCREDIT PROGRAMS THAT SERVE THE POOR WITH ACCESS TO CREDIT FOR SELF-EMPLOYMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04046308
IRS990/NetAssetsOrFundBalancesEOYAmt04067804
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-5014
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt013088
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Global loan servicing fee
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010585
IRS990/OtherExpensesGrp/TotalAmt010585
IRS990/OtherLiabilitiesGrp/BOYAmt0121016
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gary S Hattem
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON PROGRAM LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt071359
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt071359
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0117
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt050420
IRS990/PYProgramServiceRevenueAmt0182205
IRS990/PYRevenuesLessExpensesAmt0136902
IRS990/PYTotalExpensesAmt050420
IRS990/PYTotalRevenueAmt0187322
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt013422
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt071359
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt034469
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0703
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0726018
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.14530
IRS990ScheduleA/PublicSupportPY170Pct00.45380
IRS990ScheduleA/PublicSupportTotal170Amt05109
IRS990ScheduleA/SubstantialContributorsTotAmt029360
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03469
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt034469
IRS990ScheduleA/TotalSupportAmt035172
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt057512
IRS990ScheduleD/DonatedServicesUseFcltsAmt057512
IRS990ScheduleD/ExpensesNotReportedAmt044424
IRS990ScheduleD/ExpensesSubtotalAmt063937
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-13088
IRS990ScheduleD/RevenueNotReportedAmt057512
IRS990ScheduleD/RevenueSubtotalAmt077359
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The DB MDF has concluded that there are no uncertain tax positions that would require recognition in the financial statements. If the DB MDF was to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax liability would be reported as income taxes. The DB MDF's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based upon ongoing analyses of tax laws, regulations and interpretations thereof as well as other factors. Generally, federal, state, and local authorities may examine the DB MDF's tax returns for three years from the date of filing; consequently, the respective tax returns for years prior to 2015 are no longer subject to examination by tax authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueProgramRltdAmt01127000
IRS990ScheduleD/TotalExpensesPerForm990Amt063937
IRS990ScheduleD/TotalRevenuePerForm990Amt077359
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0134871
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0108361
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0400000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1750000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Micro Finance Loan
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Micro Finance Loan
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Service Invstmnt.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Service Invstmnt.
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt01150000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0South America - To provide program related loans to micro finance institutions serving the poor in developing countries.South Asia - To provide program related loans to micro finance institutions serving the poor in developing countries.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalSpentAmt01150000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE FUND MANAGER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AT THE START OF THEIR RELATIONSHIP WITH THE ORGANIZATION AND PERIODICALLY THEREAFTER AS DETERMINED FROM TIME TO TIME BY THE BOARD. WHENEVER A BOARD MEMBER BECOMES AWARE THAT ANY CONFLICT EXISTS, HE OR SHE IS REQUIRED TO DISCLOSE IT TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Adjmt for overstmt of prov for credit Loss = $13088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The loans and guarantees were made to support microfinance institutions that serve the poor by providing access to financial services.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Sch F Part II 1(d)
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04587786
IRS990/TotalAssetsEOYAmt04093649
IRS990/TotalAssetsGrp/BOYAmt04587786
IRS990/TotalAssetsGrp/EOYAmt04093649
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013503
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050434
IRS990/TotalFunctionalExpensesGrp/TotalAmt063937
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,093,649
Liabilities
$25,845
Net assets
$4,067,804
Revenue
$77,359
Expenses
$63,937
Net income
$13,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$0.01$0.41$0.40
2018Detailed filing. Detailed filing data is available for this year.$4.09$0.03$4.07$0.08$0.06$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.59$0.54$4.05$0.19$0.05$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.48$0.53$3.94$0.23$0.10$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.41$0.46$3.94$0.16$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.30$0.44$3.87$0.10$0.05$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.42$0.62$3.80$0.18$0.05$0.13
2012Summary only. Only limited summary data is available for this year.$4.41$0.81$3.60$0.14$0.11$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.94$2.54$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.83$2.47$0.04