Civic Intelligence

Microfinance Opportunities

EIN 30-0075787 • 501(c)3 • Cambridge, MA

Profile

Microfinance Opportunities is a global non-profit committed to understanding the economic realities of low-income and marginalized people.

45 Prospect StreetCambridge, MA 02139

www.microfinanceopportunities.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.26x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.09x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

4th percentile

-56%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$55,819

Up $36,980 (+196%) from 2023

Liabilities

Up

$12,483

Up $11,256 (+917%) from 2023

Net Assets

Up

$43,336

Up $25,724 (+146%) from 2023

Revenue

Up

$325,905

Up $169,197 (+108%) from 2023

Expenses

Down

$300,181

Down $2,183 (-0.7%) from 2023

Net Income

Up

$25,724

Up $171,380 (+118%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,401,282Liabilities 2010: $365,871Net Assets 2010: $2,035,4112010Assets 2011: $2,053,441Liabilities 2011: $1,583,861Net Assets 2011: $469,5802011Assets 2012: $1,334,209Liabilities 2012: $1,164,708Net Assets 2012: $169,5012012Assets 2013: $532,501Liabilities 2013: $356,521Net Assets 2013: $175,9802013Assets 2020: $201,158Liabilities 2020: $5,853Net Assets 2020: $195,3052020Assets 2021: $504,757Liabilities 2021: $36,070Net Assets 2021: $468,6872021Assets 2022: $221,751Liabilities 2022: $58,483Net Assets 2022: $163,2682022Assets 2023: $18,839Liabilities 2023: $1,227Net Assets 2023: $17,6122023Assets 2024: $55,819Liabilities 2024: $12,483Net Assets 2024: $43,3362024

Highlighted filing

2024

Assets$55,819
Liabilities$12,483
Net Assets$43,336

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,892,4202010Expenses 2011: $2,967,8162011Expenses 2012: $1,792,5532012Revenue 2013: $1,548,328Expenses 2013: $1,541,849Net Income 2013: $6,4792013Revenue 2020: $624,964Expenses 2020: $498,097Net Income 2020: $126,8672020Revenue 2021: $1,122,971Expenses 2021: $849,589Net Income 2021: $273,3822021Revenue 2022: $634,787Expenses 2022: $940,206Net Income 2022: -$305,4192022Revenue 2023: $156,708Expenses 2023: $302,364Net Income 2023: -$145,6562023Revenue 2024: $325,905Expenses 2024: $300,181Net Income 2024: $25,7242024

Highlighted filing

2024

Revenue$325,905
Expenses$300,181
Net Income$25,724

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 12, 2023
Return Version
2022v5.0
Gross Receipts
$634,787
Mission and Program Overview

Mission

Microfinance Opportunities is a global non-profit committed to understanding the economic realities of low-income and marginalized people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$443,063$153,264▼ $289,799
Accounts Receivable$55,605$63,371▲ $7,766
Prepaid Expenses and Deferred Charges$6,089$5,116▼ $973
Total Assets$504,757$221,751▼ $283,006
Liabilities
Accounts Payable and Accrued Expenses$36,070$58,483▲ $22,413
Total Liabilities$36,070$58,483▲ $22,413
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$468,687$163,268▼ $305,419
Total Net Assets Fund Balance$468,687$163,268▼ $305,419
Total Liabilities and Net Assets / Fund Balance$504,757$221,751▼ $283,006
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Guy StuartExecutive DirectorFT$77,218$5,154$82,372
David LesserSecretaryPT$41,770$8,298$50,068

Board Members and Trustees

NameTitle
Elizabeth KeatingBoard Chair
Eric BellPresident
James PickupBoard member
Larry ReedBoard member
Revenue and Support

Revenue Composition

Contributions and Grants
$56,983
Program Service Revenue
$576,205
Investment Income
$0
Other Revenue
$1,599
All Other Contributions
$56,983
Change in Net Assets
$-305,419

Audited Revenue Reconciliation

Revenue per Audited Statements
$634,787
Total Revenue per Audited Statements
$634,787
Total Revenue per Form 990
$634,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$801,330
Salaries, Compensation, and Employee Benefits$138,876
Total Fundraising Expense$18,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$57,576$15,354$3,838$76,768
Other Salaries and Wages$27,083$11,296$3,840$42,219
Travel$30,202$0$0$30,202
Payroll Taxes$6,982$2,423$570$9,975
Other Employee Benefits$8,451$946$517$9,914
Insurance$30$8,113$0$8,143
Fees for Services Accounting$0$7,780$0$7,780
All Other Expenses$1,113$3,180$0$4,293
Office Expenses$2,188$1,369$167$3,724
Information Technology$3,258$352$59$3,669
Other Expenses$2,852$636$145$3,633
Total Functional Expenses$831,573$90,497$18,136$940,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$940,206
Total Expenses per Audited Statements$940,206
Total Expenses per Form 990$940,206
International Activity

International Summary

Offices
0
Employees
31
Spending
$755,065

International Compliance

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 servicesFinancial Education & Mkt. Research05$304,893
EuropeProgram servicesFinancial Education & Mkt. Research07$291,747
Sub-Saharan AfricaProgram servicesFinancial Education & Mkt. Research019$158,425
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Microfinance Opportunities
EIN
30-0075787
Phone
2027210050
Address
45 Prospect Street, Cambridge, MA 02139

Signing Officer

Name
Guy Stuart
Title
Member of the Board of Directors
Phone
2027210050
Signed
2023-10-12

Organization Details

Formed
2002
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

Firm
Ali Amini Cma CPA
Address
4620 N PARK AVE APT 1501 W, CHEVY CHASE, MD 20815
Preparer
Ali Amini CMA CPA
Phone
3014557039
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is distributed to the members of the board and it is discussed.

Pt VI, Line 12C

The members of the board are aware and are reminded that

Pt VI, Line 12C

entering into transactions with the entity could cause

Pt VI, Line 12C

conflict of interest between the entity and the related party.

Pt VI, Line 15A

The process of determining compensation of the executive director or top management includes review of comparable data before it is approved.

Pt VI, Line 15B

The process of determining compensation of other officers or key employees includes review of comparable data before it is approved.

Raw XML AppendixShowing 400 of 450 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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IRS990ScheduleA/PublicSupportPY509Pct00.72330
IRS990ScheduleA/PublicSupportTotal509Amt01909735
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0527780
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0987696
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt033228
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01548704
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0527780
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0987696
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt033228
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01548704
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0633039
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01122883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0624229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0372171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0706117
IRS990ScheduleA/Total509Grp/TotalAmt03458439
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03461299
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0940206
IRS990ScheduleD/RevenueSubtotalAmt0634787
IRS990ScheduleD/TotalExpensesPerForm990Amt0940206
IRS990ScheduleD/TotalRevenuePerForm990Amt0634787
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0634787
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0940206
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt07
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt119
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt25
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0291747
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1158425
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2304893
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Financial Education & Mkt. Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Financial Education & Mkt. Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2Financial Education & Mkt. Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt031
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0755065
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization does not make grants/assistances to the
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1outside of the United States.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2MFO monitors the use of its assistance outside the United States by conducting regular in-person field visits to the work sites and staying in constant communication with all related agents through phone calls, emails, and other electronic correspondence. Contracts are signed between MFO and all agents outside the United States and are governed by all applicable United States laws.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt031
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0755065
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is distributed to the members of the board and it is discussed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the board are aware and are reminded that
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2entering into transactions with the entity could cause
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3conflict of interest between the entity and the related party.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The process of determining compensation of the executive director or top management includes review of comparable data before it is approved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The process of determining compensation of other officers or key employees includes review of comparable data before it is approved.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0504757
IRS990/TotalAssetsEOYAmt0221751
IRS990/TotalAssetsGrp/BOYAmt0504757
IRS990/TotalAssetsGrp/EOYAmt0221751
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056983
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018136
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090497
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0831573
IRS990/TotalFunctionalExpensesGrp/TotalAmt0940206
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036070
IRS990/TotalLiabilitiesEOYAmt058483
IRS990/TotalLiabilitiesGrp/BOYAmt036070
IRS990/TotalLiabilitiesGrp/EOYAmt058483
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0468687
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0163268
IRS990/TotalOtherCompensationAmt013452
IRS990/TotalProgramServiceExpensesAmt0831573
IRS990/TotalProgramServiceRevenueAmt0576205
IRS990/TotalReportableCompFromOrgAmt0118988
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0577804
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0634787
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0504757
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0221751
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00

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