Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2022 • EIN 42-1751736
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$47,639
Up $16,259 (+52%) from 2021
Net Assets
Up$47,639
Up $16,259 (+52%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue
Up$157,814
Up $72,922 (+86%) from 2021
Expenses
Up$141,555
Up $46,962 (+50%) from 2021
Net Income
Up$16,259
Up $25,960 (+268%) from 2021
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. The organization has assisted approximately 240,000 women and 960,000 children since inception. Microloan foundation usa is the fundraising arm for these purposes.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $31,380 | $47,639 | ▲ $16,259 |
| Total Assets | $31,380 | $47,639 | ▲ $16,259 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $31,380 | $47,639 | ▲ $16,259 |
| Total Net Assets Fund Balance | $31,380 | $47,639 | ▲ $16,259 |
| Total Liabilities and Net Assets / Fund Balance | $31,380 | $47,639 | ▲ $16,259 |
| Name | Title |
|---|---|
| Steven Mark | President |
| Brandy Carlson | Director |
| Malin Rosenqvist | Director |
| Manish Somaiya | Director |
| Matt Zalosh | Director |
| Mukesh Sharma | Director |
| Talitha Reynolds | Director |
| Rokaya Helfer | Secretary |
| Dan Healy | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $134,406 |
| Other Expenses | $7,149 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $134,406 | - | - | $134,406 |
| Fees for Services Accounting | - | $2,350 | - | $2,350 |
| Other Expenses | - | $1,316 | - | $1,316 |
| Fees for Services Other | - | $959 | - | $959 |
| Travel | - | $203 | - | $203 |
| Office Expenses | - | $199 | - | $199 |
| Total Functional Expenses | $134,406 | $7,149 | $0 | $141,555 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-saharan Africa | Grantmaking | Microloans | 20 | - | $134,406 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $21,895 |
| Fundraising Direct Expenses | $0 |
| Professional Fundraising Fees | $0 |
“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.”
“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.”
“Governing documents, conflict of interest documents and financial statements are available to the public upon request.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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 ORGANIZATION HAS ASSISTED APPROXIMATELY 240,000 WOMEN AND 960,000 CHILDREN SINCE INCEPTION. MICROLOAN FOUNDATION USA IS THE FUNDRAISING ARM FOR THESE PURPOSES. |
| IRS990/AllOtherContributionsAmt | 0 | 135778 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KAREN CHABON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6174599165 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6 HOLLYWOOD ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHESTNUT HILL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02467 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 31380 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 47639 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 135778 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 134406 |
| IRS990/CYInvestmentIncomeAmt | 0 | 141 |
| IRS990/CYOtherExpensesAmt | 0 | 7149 |
| IRS990/CYOtherRevenueAmt | 0 | 21895 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 16259 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 141555 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 157814 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | MLF USA PROVIDED FUNDS FOR BUSINESS EDUCATION AND TRAINING TO SMALL GROUPS OF WOMEN AS A PREREQUISITE TO RECEIPT OF A MICROLOAN. THE TRAINING PROVIDES WOMEN IN SUB-SAHARAN AFRICAN COUNTRIES WITH INSTRUCTION AND EDUCATION IN BUSINESS SKILLS FOR THE BENEFIT OF THE INDIVIDUAL, HER FAMILY AND THE COMMUNITY AT LARGE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2350 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2350 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 959 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 959 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 134406 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 134406 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STEVEN MARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN HEALY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROKAYA HELFER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TALITHA REYNOLDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MATT ZALOSH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BRANDY CARLSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MALIN ROSENQVIST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MANISH SOMAIYA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MUKESH SHARMA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 21895 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 157814 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 141 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 141 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 1 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 31380 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 47639 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 21895 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 21895 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 31380 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 47639 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 199 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 199 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | INSURANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | WEBSITE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2122 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1316 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2122 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1316 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | STEVEN MARK |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | MLF 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/ExpenseAmt | 0 | 134406 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 134406 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 78778 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 80000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2 |
| IRS990/PYOtherExpensesAmt | 0 | 14593 |
| IRS990/PYOtherRevenueAmt | 0 | 6112 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -9701 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 94593 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 84892 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 16259 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 135778 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 78778 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31662 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56672 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 71619 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 374509 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 140 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 204 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 71 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 469 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99870 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99880 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 374509 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 135778 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 78778 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31662 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 56672 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 71619 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 374509 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 374978 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 20 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 134406 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | SUB-SAHARAN AFRICA |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | MICROLOANS |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | GRANTMAKING |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt | 0 | 134406 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt | 0 | WIRE TRANSFER |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt | 0 | LOAN CAPITAL |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt | 0 | SUB-SAHARAN AFRICA |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 20 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 134406 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | PROCEDURES 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/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART III ACCOUNTING METHOD: |
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| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt | 0 | MICROLOAN 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. |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
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| IRS990/TravelGrp/TotalAmt | 0 | 203 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
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| IRS990/USAddress/CityNm | 0 | CHESTNUT HILL |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN MARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6178165637 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-13 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MICR |
| ReturnHeader/Filer/EIN | 0 | 421751736 |
| ReturnHeader/Filer/PhoneNum | 0 | 6178165637 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 237 BONAD ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHESTNUT HILL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02467 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 131459550 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MAZARS USA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1330 BOYLSTON STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHESTNUT HILL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 024672111 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6177311222 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RANDALL S SMITH CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T16:26:55-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.