Civic Intelligence

Friends of Microfinance Ltd

EIN 20-5797722 • 501(c)3

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500 West Cummings Park Suite 520001801
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$26,110

Up $1,403 (+5.7%) from 2011

Liabilities

Down

$616,836

Down $82,724 (-12%) from 2011

Net Assets

Up

-$590,726

Up $84,127 (+12%) from 2011

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$87,724

No earlier filing loaded for comparison.

Expenses

Up

$3,597

Up $954 (+36%) from 2011

Net Income

$84,127

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2011: $24,707Liabilities 2011: $699,560Net Assets 2011: -$674,8532011Assets 2012: $26,110Liabilities 2012: $616,836Net Assets 2012: -$590,7262012

Highlighted filing

2012

Assets$26,110
Liabilities$616,836
Net Assets-$590,726
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Expenses 2011: $2,6432011Revenue 2012: $87,724Expenses 2012: $3,597Net Income 2012: $84,1272012

Highlighted filing

2012

Revenue$87,724
Expenses$3,597
Net Income$84,127
Open 2012 Filing

Filings

Most recent year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$26,110
Liabilities
$616,836
Net assets
-$590,726
Revenue
$87,724
Expenses
$3,597
Net income
$84,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$6.17$5.91$0.88$0.04$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$7.00$6.75$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 28, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

Developing a support system enabling poorer individuals to access financial services and information to better their financial situation. The organization focuses on key areas such as; supporting microfinance institutions, harnessing the power of technology, connecting microfinance institutions with capital markets and expanding microfiance industry knowledge. Activities include, but are not limited to, the creative use of video, broadcast, and internet technology in developing communication centers, internt site, and media interface applications

Filing and Contact Details

Filer

EIN
20-5797722
Raw XML Appendix194 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.

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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3JILL E HANSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4JILL E HANSON
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1TREASURER
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IRS990EZ/OtherExpensesTotal03597
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0DEVELOPING A SUPPORT SYSTEM ENABLING POORER INDIVIDUALS TO ACCESS FINANCIAL SERVICES AND INFORMATION TO BETTER THEIR FINANCIAL SITUATION. THE ORGANIZATION FOCUSES ON KEY AREAS SUCH AS; SUPPORTING MICROFINANCE INSTITUTIONS, HARNESSING THE POWER OF TECHNOLOGY, CONNECTING MICROFINANCE INSTITUTIONS WITH CAPITAL MARKETS AND EXPANDING MICROFIANCE INDUSTRY KNOWLEDGE. ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, THE CREATIVE USE OF VIDEO, BROADCAST, AND INTERNET TECHNOLOGY IN DEVELOPING COMMUNICATION CENTERS, INTERNT SITE, AND MEDIA INTERFACE APPLICATIONS
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0PROGRAMS SUPPORTED INCLUDE MICROFINANCE INSTITUTIONS, HARNESSING THE POWER OF TECHNOLOGY, CONNECTING MICROFINANCE INSTITUTIONS WITH CAPITAL MARKETS, AND EXPANDING MICROFINANCE INDUSTRY.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses00
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
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IRS990EZ/SubjectToProxyTax00
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IRS990EZ/TheBooksAreInCareOf/AddressUS/City0WOBURN
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode001801
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IRS990EZ/TotalExpenses03597
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IRS990ScheduleA/GiftsGrantsContribReceived509/Total0496465
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IRS990ScheduleA/PriorYrInvestIncomePercentage00.08180
IRS990ScheduleA/PubliclySupportedOrg509a20X
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IRS990ScheduleA/PublicSupportTotal5090496465
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
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IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
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IRS990ScheduleL/LoanTable/ApprovedByBoard01
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IRS990ScheduleL/LoanTable/LoanToOrganization2X
IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine10STAUBO TRUST III
IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine11GRAMEEN RESEARCH INC
IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine12GRAMEEN AMERICA LLC
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount0514723
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IRS990ScheduleL/LoanTable/OriginalPrincipalAmount235229
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IRS990ScheduleL/LoanTable/WrittenAgreement10
IRS990ScheduleL/LoanTable/WrittenAgreement20
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IRS990ScheduleO/GeneralExplanation/Explanation0DESCRIPTION: BANK CHARGES. AMOUNT: 562. DESCRIPTION: FILING FEES. AMOUNT: 35. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 3,000. TOTAL TO FORM 990-EZ, LINE 16: 3,597.
IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 3,488. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: DUE TO STAUBO TRUST. BEG. OF YEAR AMOUNT: 563,723. END OF YEAR AMOUNT: 563,723. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 53,113. END OF YEAR AMOUNT: 53,113. DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 82,724. END OF YEAR AMOUNT: 0.
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TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0205797722
ReturnHeader/Filer/Name/BusinessNameLine10FRIENDS OF MICROFINANCE LTD
ReturnHeader/Filer/NameControl0FRIE
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ReturnHeader/Officer/Phone07819392500
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ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10NEWBURG & COMPANY LLP
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode002451
ReturnHeader/Preparer/Name0HOWARD NEWBURG
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ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-03-30T11:11:38-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits