Civic Intelligence

Microloan Foundation USA

EIN 42-1751736 • 501(c)3 • Chestnut Hill, MA

Profile

The microloan foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-saharan african countries. Mlf usa is the us fundraising arm of these purposes.

237 Bonad RoadChestnut Hill, MA 02467

www.microloanfoundationusa.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.00x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

14th percentile

-65%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

4.5%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$18,078

Down $33,209 (-65%) from 2023

Liabilities

Down

$450

Down $1,942 (-81%) from 2023

Net Assets

Down

$17,628

Down $31,267 (-64%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin20th percentile

Revenue

Up

$114,070

Up $4,914 (+4.5%) from 2023

Expenses

Up

$145,337

Up $37,436 (+35%) from 2023

Net Income

Down

-$31,267

Down $32,522 (-2591%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$300K$200K$100K$0-$100KAssets 2011: $199,362Liabilities 2011: $182,419Net Assets 2011: $16,9432011Assets 2012: $210,290Liabilities 2012: $195,600Net Assets 2012: $14,6902012Assets 2013: $67,245Liabilities 2013: $46,826Net Assets 2013: $20,4192013Assets 2014: $14,730Liabilities 2014: $16,977Net Assets 2014: -$2,2472014Assets 2015: $29,042Liabilities 2015: $17,379Net Assets 2015: $11,6632015Assets 2016: $39,923Liabilities 2016: $7,119Net Assets 2016: $32,8042016Assets 2017: $43,515Liabilities 2017: $1,880Net Assets 2017: $41,6352017Assets 2018: $27,970Liabilities 2018: $1,880Net Assets 2018: $26,0902018Assets 2019: $40,262Liabilities 2019: $1,880Net Assets 2019: $38,3822019Assets 2020: $42,962Liabilities 2020: $1,880Net Assets 2020: $41,0822020Assets 2021: $31,380Liabilities 2021: $0Net Assets 2021: $31,3802021Assets 2022: $47,639Liabilities 2022: $0Net Assets 2022: $47,6392022Assets 2023: $51,287Liabilities 2023: $2,392Net Assets 2023: $48,8952023Assets 2024: $18,078Liabilities 2024: $450Net Assets 2024: $17,6282024

Highlighted filing

2024

Assets$18,078
Liabilities$450
Net Assets$17,628
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $210,316Expenses 2011: $209,705Net Income 2011: $6112011Revenue 2012: $244,326Expenses 2012: $246,687Net Income 2012: -$2,3612012Revenue 2013: $241,742Expenses 2013: $236,013Net Income 2013: $5,7292013Revenue 2014: $30,707Expenses 2014: $53,373Net Income 2014: -$22,6662014Revenue 2015: $47,338Expenses 2015: $33,428Net Income 2015: $13,9102015Revenue 2016: $44,181Expenses 2016: $22,016Net Income 2016: $22,1652016Revenue 2017: $65,603Expenses 2017: $56,773Net Income 2017: $8,8302017Revenue 2018: $71,690Expenses 2018: $87,235Net Income 2018: -$15,5452018Revenue 2019: $56,876Expenses 2019: $44,584Net Income 2019: $12,2922019Revenue 2020: $31,715Expenses 2020: $29,015Net Income 2020: $2,7002020Revenue 2021: $84,892Expenses 2021: $94,593Net Income 2021: -$9,7012021Revenue 2022: $157,814Expenses 2022: $141,555Net Income 2022: $16,2592022Revenue 2023: $109,156Expenses 2023: $107,901Net Income 2023: $1,2552023Revenue 2024: $114,070Expenses 2024: $145,337Net Income 2024: -$31,2672024

Highlighted filing

2024

Revenue$114,070
Expenses$145,337
Net Income-$31,267
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,078
Liabilities
$450
Net assets
$17,628
Revenue
$114,070
Expenses
$145,337
Net income
-$31,267
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.14$1.45$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.49$1.09$1.08$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.58$1.42$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.85$0.95$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.32$0.29$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.57$0.45$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$0.72$0.87$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$0.66$0.57$0.09
2016Summary only. Only limited summary data is available for this year.$0.40$0.07$0.33$0.44$0.22$0.22
2015Summary only. Only limited summary data is available for this year.$0.29$0.17$0.12$0.47$0.33$0.14
2014Summary only. Only limited summary data is available for this year.$0.15$0.17$0.02$0.31$0.53$0.23
2013Summary only. Only limited summary data is available for this year.$0.67$0.47$0.20$2.42$2.36$0.06
2012Summary only. Only limited summary data is available for this year.$2.10$1.96$0.15$2.44$2.47$0.02
2011Summary only. Only limited summary data is available for this year.$1.99$1.82$0.17$2.10$2.10$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$114,070
Mission and Program Overview

Mission

The microloan foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-saharan african countries.

The microloan foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-saharan african countries. To date, the organization has supported over 450,000 women facing poverty, providing loan capital and training so they can build small businesses. As a result, more than 1,900,000 children have increased access to nutritious food, healthcare, and education. Mlf usa is the us fundraising arm of these purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,287$18,078▼ $33,209
Total Assets$51,287$18,078▼ $33,209
Liabilities
Accounts Payable and Accrued Expenses$2,392$450▼ $1,942
Total Liabilities$2,392$450▼ $1,942
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,895$17,628▼ $31,267
Total Net Assets Fund Balance$48,895$17,628▼ $31,267
Total Liabilities and Net Assets / Fund Balance$51,287$18,078▼ $33,209
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Steven MarkPresident
Brandy CarlsonDirector
Christelle MbahDirector
Isabelle ColeDirector
Katie JonesDirector
Liz RobinsonDirector
Malin RosenqvistDirector
Manish SomaiyaDirector
Matt ZaloshDirector
Samantha AbramsDirector
Talitha ReynoldsDirector
Rokaya HelferSecretary
Dan HealyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,811
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$5,259
All Other Contributions
$108,811
Change in Net Assets
$-31,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$135,000
Other Expenses$10,337
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$135,000--$135,000
Fees for Services Accounting-$3,720-$3,720
Fees for Services Other-$3,306-$3,306
Other Expenses-$371-$371
Total Functional Expenses$135,000$10,337$0$145,337
International Activity

International Summary

Offices
20
Employees
0
Spending
$135,000

International Compliance

Foreign grant records maintained
No
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
Sub-saharan AfricaGrantmakingMicroloans20-$135,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,259
Fundraising Direct Expenses$0
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
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
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, Section B, Line 11B

“Form 990 is provided to all board members for review prior to submission. The board chair and treasurer issued approval for this form to be submitted. Subsequently, form 990 and accompanying schedules are discussed at a full board meeting.”

Form 990, Part VI, Section B, Line 12C

“The board members are issued an annual conflict of interest disclosure form for directors to sign each year making them aware of any potential conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Microloan Foundation USA
EIN
42-1751736
Phone
6178165637
Address
237 BONAD ROAD, CHESTNUT HILL, MA 02467

Signing Officer

Name
Steven Mark
Title
President
Phone
6178165637
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Mark
Formed
2008
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Forvis Mazars Llp
Address
1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467-2145
Preparer
Edward Hurst CPA
Phone
6177311222
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IRS990/OtherExpensesGrp/TotalAmt2371
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STEVEN MARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MLF USA PROVIDED FUNDS TO BE USED FOR MICROLOANS TO SMALL GROUPS OF WOMEN WHO HAVE COMPLETED THE REQUISITE BUSINESS TRAINING. MLF'S STANDARD LOAN (AVERAGE $80 PER PERSON) IS MADE TO INDIVIDUAL WOMEN WITHIN A GROUP. THE GROUP IS COLLECTIVELY RESPONSIBLE FOR REPAYING THE LOAN. THE MICROLOANS ENABLE THE WOMEN TO DEVELOP SMALL BUSINESSES TO SUPPORT THEIR FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0135000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0107546
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0100000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt07901
IRS990/PYOtherRevenueAmt01610
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01255
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0107901
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0109156
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-31267
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0108811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107546
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0135778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt078778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0462575
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0194
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt0462575
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0108811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107546
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0135778
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078778
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031662
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0462575
IRS990ScheduleA/TotalSupportAmt0462769
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt020
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0135000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MICROLOANS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0135000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0LOAN CAPITAL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt020
IRS990ScheduleF/SubtotalSpentAmt0135000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE MICROLOAN FOUNDATION USA ("MLF USA") ENSURES THAT ITS DISTRIBUTIONS ARE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE. MLF USA MAINTAINS RECORDS OF DISTRIBUTIONS TO ITS SISTER ORGANIZATION MICROLOAN FOUNDATION UK ("MLF UK"). MLF USA HAS ACCESS TO THE RECORDS OF MLF UK DETAILING THE SPENDING OF MLF USA'S GRANTS. THE RECORDS OF MLF UK CONTAIN THE NAMES AND ADDRESSES OF ANY WOMEN WHO RECEIVE MICROLOANS, INDEPENDENT REFERENCES, AMOUNTS BORROWED AND REPAYMENTS. BY PROVIDING GRANTS EXCLUSIVELY TO MLF ORGANIZATIONS, AND REQUIRING DETAILED RECORDS FROM MLF UK, MLF USA CAN MONITOR AND ENSURE THAT THESE GRANTS ARE ONLY USED IN FURTHERANCE OF MLF USA'S CHARITABLE AND EDUCATIONAL PURPOSES. MLF USA ALSO REGULARLY COMMUNICATES WITH ANY SISTER ORGANIZATION THAT HAS RECEIVED A GRANT. MLF USA EMPLOYEES AND VOLUNTEERS MAY ALSO CONDUCT SITE VISITS TO SISTER ORGANIZATIONS TO ENSURE AND MONITOR THAT GRANTS ARE BEING USED IN ACCORDANCE WITH MLF USA'S CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt020
IRS990ScheduleF/TotalSpentAmt0135000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO SUBMISSION. THE BOARD CHAIR AND TREASURER ISSUED APPROVAL FOR THIS FORM TO BE SUBMITTED. SUBSEQUENTLY, FORM 990 AND ACCOMPANYING SCHEDULES ARE DISCUSSED AT A FULL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE ISSUED AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM FOR DIRECTORS TO SIGN EACH YEAR MAKING THEM AWARE OF ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MICROLOAN FOUNDATION UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt01-2 PARIS GARDEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0LONDON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0UK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0UK
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0MICROLOAN FOUNDATION USA ("MLF USA") PROVIDES FUNDING THROUGH MLF UK EXCLUSIVELY FOR MLF USA'S SISTER ORGANIZATIONS OPERATING IN MALAWI, ZIMBABWE, AND ZAMBIA ("MLF GROUP") SOLELY IN FURTHERANCE OF MLF USA'S CHARITABLE AND EDUCATIONAL PURPOSES. MLF GROUP PROVIDES RELATED CHARITABLE AND EDUCATIONAL SERVICES TO MLF'S TARGET POPULATIONS. ANY SUCH SUPPORT IS PROVIDED IN ACCORDANCE WITH MLF USA'S CONFLICT OF INTEREST POLICIES, AND SOLELY IN FURTHERANCE OF ITS EXEMPT PURPOSES. ANY SUCH SUPPORT IS PROVIDED IN SUBJECT TO REVIEW AND APPROVAL OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. PERIODIC REPORTS AND PERFORMANCE ASSESSMENTS AER DISCLOSED TO THE IRS AS REQUIRED ON MLF USA'S ANNUAL FORM 990. MLF USA, MLF UK AND MLF GROUP SHARE THE SAME CHARITABLE AND EDUCATIONAL PURPOSES. MLF USA ENSURES THAT ITS DISTRIBUTIONS ARE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE. MLF UK MAINTAINS RECORDS OF DISTRIBUTIONS TO MLF GROUP. MLF USA HAS ACCESS TO THE RECORDS OF MLF UK DETAILING THE SPENDING OF MLF USA'S DISBURSEMENTS. THE RECORDS OF MLF UK CONTAIN THE NAMES AND ADDRESSES OF ANY WOMEN WHO RECEIVES MICROLOANS, INDEPENDENT REFERENCES, AMOUNTS BORROWED AND REPAYMENTS. BY PROVIDING DISTRIBUTIONS EXCLUSIVELY FOR MLF GROUP, AND REQUIRING DETAILED RECORDS, MLF USA CAN ENSURE THAT SAID DISTRIBUTIONS ARE USED ONLY IN FURTHERANCE OF MLF USA'S CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R PART II(B)
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt051287
IRS990/TotalAssetsEOYAmt018078
IRS990/TotalAssetsGrp/BOYAmt051287
IRS990/TotalAssetsGrp/EOYAmt018078
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0108811
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010337
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0135000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0145337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02392
IRS990/TotalLiabilitiesEOYAmt0450
IRS990/TotalLiabilitiesGrp/BOYAmt02392
IRS990/TotalLiabilitiesGrp/EOYAmt0450
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt048895
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017628
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0135000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05259
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0114070
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt051287
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018078
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0237 BONAD ROAD
IRS990/USAddress/CityNm0CHESTNUT HILL
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002467
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.MICROLOANFOUNDATIONUSA.ORG
IRS990/WhistleblowerPolicyInd01
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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