Totals
- Total revenue
- $5,455,729
- Total expenses
- $4,489,624
- Contributions and grants received
- $4,862,450
- Grants paid
- $0
- Program service revenue
- $556,110
- Investment income
- $37,169
- Other revenue
- $0
- Total assets, end of year
- $5,553,280
- Total liabilities, end of year
- $391,287
- Net assets or fund balances, end of year
- $5,161,993
- Program services expenses (Part IX)
- $3,579,932
- Management and general expenses
- $704,298
- Fundraising expenses
- $205,394
- Program service expenses (Part III)
- $3,579,932
Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$4,862,450
-
2a · Program service revenue: MEMBERSHIP DUES
total $555,417 · related or exempt $555,417
-
2b · Program service revenue: EVENTS
total $693 · related or exempt $693
-
3 · Investment income
total $37,169 · excluded $37,169
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $573,615 · program services $458,892 · management and general $86,042 · fundraising $28,681
-
11b · Fees: legal
total $23,357 · management and general $23,357
-
11c · Fees: accounting
total $2,200 · management and general $2,200
-
11g · Fees: other
total $2,317,572 · program services $1,854,057 · management and general $347,636 · fundraising $115,879
-
12 · Advertising and promotion
total $500,107 · program services $400,086 · management and general $75,016 · fundraising $25,005
-
13 · Office expenses
total $36,591 · program services $29,273 · management and general $7,318
-
14 · Information technology
total $265,978 · program services $212,782 · management and general $53,196
-
17 · Travel
total $347,393 · program services $277,914 · management and general $52,109 · fundraising $17,370
-
19 · Conferences, conventions and meetings
total $345,188 · program services $276,151 · management and general $51,778 · fundraising $17,259
-
22 · Depreciation, depletion and amortization
total $2,754 · program services $2,203 · management and general $551
-
23 · Insurance
total $7,475 · program services $5,980 · management and general $1,495
-
24a · Other expenses: TRAVEL STIPENDS
total $43,394 · program services $43,394
-
24b · Other expenses: MEMBERSHIP OPERATIONS
total $24,000 · program services $19,200 · management and general $3,600 · fundraising $1,200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,675,418 · end of year $3,872,847
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $1,537,159
-
4 · Accounts receivable
beginning of year $10,000 · end of year $3,129
-
9 · Prepaid expenses and deferred charges
beginning of year $16,572 · end of year $107,363
-
10a · Land, buildings and equipment: cost or other basis
$15,674
-
10b · Land, buildings and equipment: accumulated depreciation
$3,892
-
10c · Land, buildings and equipment, net
beginning of year $8,822 · end of year $11,782
-
15 · Other assets
beginning of year $21,000 · end of year $21,000
-
17 · Accounts payable and accrued expenses
beginning of year $258,007 · end of year $248,787
-
19 · Deferred revenue
beginning of year $277,917 · end of year $142,500
-
27 · Net assets without donor restrictions
beginning of year $4,195,888 · end of year $2,475,322
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $2,686,671
Mission and programs · 2024
Mission
OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL.
-
THE ORGANIZATION MAINTAINS THE FREE, OPEN SOURCE SOFTWARE, MOJALOOP, AND ITS COMMUNITY AS PUBLIC GOODS IN SERVICE OF FINANCIAL INCLUSION. MERCHANTS, CENTRAL BANKS, SERVICE PROVIDERS, GOVERNMENT OFFICES, AND OTHER ENTITIES LOOKING TO BUILD INCLUSIVE PAYMENTS PLATFORMS CAN USE MOJALOOP--WHOLE, ADAPTED, OR AS A REAL-TIME PAYMENTS REFERENCE MODEL. MEMBERSHIP IS OPEN TO MISSION-DRIVEN, NON-GOVERNMENTAL AND TECHNOLOGY ENTITIES FOCUSED ON ADVANCING FINANCIAL INCLUSION. TRAINING, EVENTS, AND OTHER EDUCATIONAL ACTIVITIES ARE PROVIDED TO THE COMMUNITY, AND PARTICIPATION IN THE COMMUNITY IS OPEN AND FREE TO ALL.
Expenses $3,579,932 · Revenue $556,110
As filed on the 2024 return.
Listed in Part VII
-
Konstantin PericKONSTANTIN PERIC
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RonROBERT RON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Adama DialloADAMA DIALLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Miller AbelMILLER ABEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken WeberKEN WEBER
DIRECTOR (THRU AUG 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Paula HunterPAULA HUNTER
EXECUTIVE DIRECTOR & SECRETARY
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513109349304551
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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