Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Refreshing map…
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$26,110
Up $1,403 (+5.7%) from 2011
Net Assets
Up-$590,726
Up $84,127 (+12%) from 2011
Liabilities
Down$616,836
Down $82,724 (-12%) from 2011
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.
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
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | 0 |
| IRS990EZ/AmountOfTaxImposedOnOrgMgr | 0 | 0 |
| IRS990EZ/AmountOfTaxReimbursedByOrg | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 21219 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 26110 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 87724 |
| IRS990EZ/DirectIndirectPoliticalExpend | 0 | 0 |
| IRS990EZ/DoesOrgHaveHospital | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | 0 |
| IRS990EZ/EngageInLobbyingActivities | 0 | 0 |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 84127 |
| IRS990EZ/FiledScheduleA | 0 | 1 |
| IRS990EZ/ForeignFinancialAccount | 0 | 0 |
| IRS990EZ/ForeignOffice | 0 | 0 |
| IRS990EZ/GrossReceipts | 0 | 87724 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartIII | 0 | X |
| IRS990EZ/InfoInScheduleOPartV | 0 | X |
| IRS990EZ/LoansToFromOfficers | 0 | 563723 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficers | 0 | 1 |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | -674853 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | -674853 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | -590726 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | -590726 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | VIDAR J JORGENSEN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | VIDAR J JORGENSEN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | VIDAR J JORGENSEN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | JILL E HANSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | JILL E HANSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | CLERK |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | DIRECTOR |
| IRS990EZ/OperatingSchool | 0 | 0 |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | 0 |
| IRS990EZ/OrganizationHadUBI | 0 | 0 |
| IRS990EZ/OtherAssetsTotal/BOY | 0 | 3488 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssets | 0 | 0 |
| IRS990EZ/OtherExpensesTotal | 0 | 3597 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | 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 |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | PROGRAMS SUPPORTED INCLUDE MICROFINANCE INSTITUTIONS, HARNESSING THE POWER OF TECHNOLOGY, CONNECTING MICROFINANCE INSTITUTIONS WITH CAPITAL MARKETS, AND EXPANDING MICROFINANCE INDUSTRY. |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 0 | 0 |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990EZ/RelatedOrgControlledEntity | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFiled | 0 | MA |
| IRS990EZ/SubjectToProxyTax | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 699560 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 616836 |
| IRS990EZ/TanningServicesProvided | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911 | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912 | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955 | 0 | 0 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 500 WEST CUMMINGS PARK SUITE 5200 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | WOBURN |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | MA |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 01801 |
| IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | VIDAR J JORGENSEN PRESIDENT |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 7819392500 |
| IRS990EZ/TotalAssets/BOY | 0 | 24707 |
| IRS990EZ/TotalAssets/EOY | 0 | 26110 |
| IRS990EZ/TotalExpenses | 0 | 3597 |
| IRS990EZ/TotalRevenue | 0 | 87724 |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | 0 |
| IRS990EZ/WebSite | 0 | N/A |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear | 0 | 87724 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years | 0 | 408741 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/Total | 0 | 496465 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years | 0 | 45191 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 45191 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years | 0 | 45191 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 45191 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.07510 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years | 0 | 33334 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years | 0 | 26666 |
| IRS990ScheduleA/OtherIncome509/Total | 0 | 60000 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.80950 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.08180 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.82520 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 496465 |
| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
| IRS990ScheduleA/Total509/CurrentTaxYear | 0 | 87724 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 408741 |
| IRS990ScheduleA/Total509/Total | 0 | 496465 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear | 0 | 87724 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years | 0 | 33334 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years | 0 | 26666 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years | 0 | 453932 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 601656 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | 1 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 1 | 1 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 2 | 1 |
| IRS990ScheduleL/LoanTable/BalanceDue | 0 | 563723 |
| IRS990ScheduleL/LoanTable/BalanceDue | 1 | 0 |
| IRS990ScheduleL/LoanTable/BalanceDue | 2 | 0 |
| IRS990ScheduleL/LoanTable/Default | 0 | 0 |
| IRS990ScheduleL/LoanTable/Default | 1 | 0 |
| IRS990ScheduleL/LoanTable/Default | 2 | 0 |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 1 | X |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 2 | X |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 0 | STAUBO TRUST III |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 1 | GRAMEEN RESEARCH INC |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 2 | GRAMEEN AMERICA LLC |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 0 | 514723 |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 1 | 10200 |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 2 | 35229 |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 0 | TO FUND OPERATIONS. |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 1 | TO FUND OPERATIONS. |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 2 | TO FUND OPERATIONS. |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | 0 |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 1 | 0 |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 2 | 0 |
| IRS990ScheduleL/TotalBalanceDue | 0 | 563723 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | DESCRIPTION: 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/Explanation | 1 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 3,488. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | DESCRIPTION: 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. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | OTHER EXPENSES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | OTHER ASSETS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | OTHER LIABILITIES |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990-EZ, PART II, LINE 26 |
| TransferPrsnlBnftContractsDecl/Declaration | 0 | THE 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/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/Filer/EIN | 0 | 205797722 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | FRIENDS OF MICROFINANCE LTD |
| ReturnHeader/Filer/NameControl | 0 | FRIE |
| ReturnHeader/Filer/Phone | 0 | 7819392500 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 500 WEST CUMMINGS PARK SUITE 5200 |
| ReturnHeader/Filer/USAddress/City | 0 | WOBURN |
| ReturnHeader/Filer/USAddress/State | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 01801 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | 1 |
| ReturnHeader/Officer/DateSigned | 0 | 2013-03-28 |
| ReturnHeader/Officer/Name | 0 | VIDAR J JORGENSEN |
| ReturnHeader/Officer/Phone | 0 | 7819392500 |
| ReturnHeader/Officer/Title | 0 | PRESIDENT |
| ReturnHeader/PreparerFirm/EIN | 0 | 042805993 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | NEWBURG & COMPANY LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 890 WINTER STREET SUITE 208 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | WALTHAM |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | MA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 02451 |
| ReturnHeader/Preparer/Name | 0 | HOWARD NEWBURG |
| ReturnHeader/Preparer/Phone | 0 | 7818844100 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-03-30T11:11:38-05:00 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net 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 | ||