Form 990 for tax year 2024
Filed by MICROFINANCE OPPORTUNITIES INC.
Totals
- Total revenue
- $325,905
- Total expenses
- $300,181
- Contributions and grants received
- $5,340
- Grants paid
- $0
- Program service revenue
- $320,324
- Investment income
- $0
- Other revenue
- $241
- Total assets, end of year
- $55,819
- Total liabilities, end of year
- $12,483
- Net assets or fund balances, end of year
- $43,336
- Program services expenses (Part IX)
- $260,025
- Management and general expenses
- $40,156
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $260,025
Program services were 86.6% 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
$5,340
-
2a · Program service revenue: Contract income
total $320,324 · unrelated business $0 · excluded $0
-
11a · Other revenue: other income
total $241 · related or exempt $241 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$241
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $55,901 · program services $41,927 · management and general $13,974 · fundraising $0
-
6 · Compensation of disqualified persons
total $2,584 · program services $0 · management and general $2,584 · fundraising $0
-
9 · Other employee benefits
total $1,555 · program services $1,555 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $4,879 · program services $3,906 · management and general $973 · fundraising $0
-
11c · Fees: accounting
total $7,912 · program services $0 · management and general $7,912 · fundraising $0
-
13 · Office expenses
total $3,285 · program services $0 · management and general $3,285 · fundraising $0
-
14 · Information technology
total $5,367 · program services $5,367 · management and general $0 · fundraising $0
-
17 · Travel
total $6,374 · program services $6,374 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $8,546 · program services $0 · management and general $8,546 · fundraising $0
-
24a · Other expenses: Contractor expenses
total $187,391 · program services $187,391 · management and general $0 · fundraising $0
-
24b · Other expenses: Bank fees
total $2,449 · program services $0 · management and general $2,449 · fundraising $0
-
24c · Other expenses: Communications and outreach
total $3,483 · program services $3,483 · management and general $0 · fundraising $0
-
24d · Other expenses: Licenses, fees and permits
total $15 · program services $0 · management and general $15 · fundraising $0
-
24e · All other expenses
total $10,440 · program services $10,022 · management and general $418 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,302 · end of year $55,574
-
4 · Accounts receivable
beginning of year $920 · end of year $245
-
9 · Prepaid expenses and deferred charges
beginning of year $2,617
-
17 · Accounts payable and accrued expenses
beginning of year $1,227 · end of year $12,368
-
25 · Other liabilities
end of year $115
-
27 · Net assets without donor restrictions
beginning of year $17,612 · end of year $43,336
Mission and programs · 2024
Mission
Microfinance Opportunities is a global non-profit committed to understanding the economic realities of low-income and marginalized people.
-
By describing and analyzing the economic realities of low-income and marginalized people, Microfinance Opportunities (MFO) informs the policies and practices of government, the private sector, multilateral organizations, civil society, and low-income and marginalized people themselves. MFO does this through the collection, analysis, and visualization of data, and the dissemination of the results through interactive and engaging materials and education efforts.
Expenses $260,025 · Revenue $320,324
As filed on the 2024 return.
Listed in Part VII
-
Elizabeth Keating
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Eric Bell
President
- Total calculated
- $0
- Hours/week
- 1
-
James Pickup
Director
- Total calculated
- $0
- Hours/week
- 1
-
Larry Reed
Director
- Total calculated
- $0
- Hours/week
- 1
-
Guy Stuart
Executive Director
- Total calculated
- $57,319
- From this org
- $55,901
- From related orgs
- $0
- Other
- $1,418
- 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
- 30 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511359349305646
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