MICROFINANCE OPPORTUNITIES INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: MICROFINANCE OPPORTUNITIES INC (EIN 30-0075787)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-03
IRS object ID: 202313079349301106
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule F
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-03T05:32:20-07:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	484663337	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ALI AMINI CMA CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4620 N PARK AVE APT 1501 W	AddressLine1Txt
City	CHEVY CHASE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20815	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	300075787	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Microfinance Opportunities	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MICR	BusinessNameControlTxt
Phone	2027210050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45 Prospect Street	AddressLine1Txt
City	Cambridge	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02139	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Guy Stuart	PersonNm
Person Title	Member of the Board of Directors	PersonTitleTxt
Phone	2027210050	PhoneNum
Signature	2023-10-12	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Guy	PersonFirstNm
Person Last	Stuart	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Ali Amini CMA CPA	PreparerPersonNm
PTIN	P01390681	PTIN
Phone	3014557039	PhoneNum
Preparation	2023-11-03	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Guy Stuart Member of the Board of Directors	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45 Prospect Street	AddressLine1Txt
City	Cambridge	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02139	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$634,787	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.microfinanceopportunities.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	Microfinance Opportunities is a global non-profit committed to understanding the economic realities of low-income and marginalized people.	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$606,984	PYContributionsGrantsAmt
CY Contributions Grants	$56,983	CYContributionsGrantsAmt
PY Program Service Revenue	$515,899	PYProgramServiceRevenueAmt
CY Program Service Revenue	$576,205	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
PY Other Revenue	$88	PYOtherRevenueAmt
CY Other Revenue	$1,599	CYOtherRevenueAmt
PY Total Revenue	$1,122,971	PYTotalRevenueAmt
CY Total Revenue	$634,787	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$182,961	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$138,876	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$18,136	CYTotalFundraisingExpenseAmt
PY Other Expenses	$666,628	PYOtherExpensesAmt
CY Other Expenses	$801,330	CYOtherExpensesAmt
PY Total Expenses	$849,589	PYTotalExpensesAmt
CY Total Expenses	$940,206	CYTotalExpensesAmt
PY Revenues Less Expenses	$273,382	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$305,419	CYRevenuesLessExpensesAmt
Total Assets BOY	$504,757	TotalAssetsBOYAmt
Total Assets EOY	$221,751	TotalAssetsEOYAmt
Total Liabilities BOY	$36,070	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$58,483	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$468,687	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$163,268	NetAssetsOrFundBalancesEOYAmt
Mission	Microfinance Opportunities is a global non-profit committed to understanding the economic realities of low-income and marginalized people.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$831,573	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$633,039	RevenueAmt
Desc	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.	Desc
Total Program Service Expenses	$831,573	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	David Lesser Finance Administration	PersonNm
Phone	2027210050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5407 2nd St NW	AddressLine1Txt
City	Washington	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20011	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
Elizabeth Keating
Board Chair	1.00	Yes (X)	$0	$0	$0
Eric Bell
President	1.00	Yes (X)	$0	$0	$0
James Pickup
Board member	1.00	Yes (X)	$0	$0	$0
Larry Reed
Board member	1.00	Yes (X)	$0	$0	$0
Guy Stuart
Executive Director	40.00	Yes (X)	$77,218	$0	$5,154	Yes (X)
David Lesser
Secretary	32.00	Yes (X)	$41,770	$0	$8,298

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$118,988	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$13,452	TotalOtherCompensationAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$56,983	AllOtherContributionsAmt
Total Contributions	$56,983	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Contract income	Desc
Business	900099	BusinessCd
Total Revenue Column	$576,205	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$576,205	TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Other income	Desc
Business	999000	BusinessCd
Total Revenue Column	$1,599	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,599	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,599	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$634,787	TotalRevenueColumnAmt
Related Or Exempt Func Income	$577,804	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$76,768	TotalAmt
Program Services	$57,576	ProgramServicesAmt
Management And General	$15,354	ManagementAndGeneralAmt
Fundraising	$3,838	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$42,219	TotalAmt
Program Services	$27,083	ProgramServicesAmt
Management And General	$11,296	ManagementAndGeneralAmt
Fundraising	$3,840	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$9,914	TotalAmt
Program Services	$8,451	ProgramServicesAmt
Management And General	$946	ManagementAndGeneralAmt
Fundraising	$517	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$9,975	TotalAmt
Program Services	$6,982	ProgramServicesAmt
Management And General	$2,423	ManagementAndGeneralAmt
Fundraising	$570	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$7,780	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$7,780	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,724	TotalAmt
Program Services	$2,188	ProgramServicesAmt
Management And General	$1,369	ManagementAndGeneralAmt
Fundraising	$167	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,669	TotalAmt
Program Services	$3,258	ProgramServicesAmt
Management And General	$352	ManagementAndGeneralAmt
Fundraising	$59	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$30,202	TotalAmt
Program Services	$30,202	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$8,143	TotalAmt
Program Services	$30	ProgramServicesAmt
Management And General	$8,113	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Contractor expenses	$704,617	$657,074	$38,989	$8,554
Licenses, fees and permits	$505	$0	$59	$446
Communications and outreach	$34,764	$34,764	$0	$0
Supplies and materials	$3,633	$2,852	$636	$145

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,293	TotalAmt
Program Services	$1,113	ProgramServicesAmt
Management And General	$3,180	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$940,206	TotalAmt
Program Services	$831,573	ProgramServicesAmt
Management And General	$90,497	ManagementAndGeneralAmt
Fundraising	$18,136	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$443,063	BOYAmt
EOY	$153,264	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$55,605	BOYAmt
EOY	$63,371	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$6,089	BOYAmt
EOY	$5,116	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$504,757	BOYAmt
EOY	$221,751	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$36,070	BOYAmt
EOY	$58,483	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$36,070	BOYAmt
EOY	$58,483	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$468,687	BOYAmt
EOY	$163,268	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$468,687	BOYAmt
EOY	$163,268	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$504,757	BOYAmt
EOY	$221,751	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$305,419	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind
Other Support Sum	$0	OtherSupportSumAmt
Public Support CY170	0	PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$706,117	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$372,171	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$481,836	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$606,984	CurrentTaxYearMinus1YearAmt
Current Tax Year	$56,834	CurrentTaxYearAmt
Total	$2,223,942	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$142,393	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$515,899	CurrentTaxYearMinus1YearAmt
Current Tax Year	$576,205	CurrentTaxYearAmt
Total	$1,234,497	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$706,117	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$372,171	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$624,229	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,122,883	CurrentTaxYearMinus1YearAmt
Current Tax Year	$633,039	CurrentTaxYearAmt
Total	$3,458,439	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$33,228	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$987,696	CurrentTaxYearMinus1YearAmt
Current Tax Year	$527,780	CurrentTaxYearAmt
Total	$1,548,704	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$33,228	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$987,696	CurrentTaxYearMinus1YearAmt
Current Tax Year	$527,780	CurrentTaxYearAmt
Total	$1,548,704	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$1,909,735	PublicSupportTotal509Amt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$438	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years	$735	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$88	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,599	CurrentTaxYearAmt
Total	$2,860	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Total	$3,461,299	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.55170	PublicSupportCY509Pct
Public Support PY509	0.72330	PublicSupportPY509Pct
Investment Income CY	0.00000	InvestmentIncomeCYPct
Investment Income PY	0.00000	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Pt III Ln 12	FormAndLineReferenceDesc
Explanation	Other Income Part III, Line 12	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Rev Etc Audited Fincl Stmt	$634,787	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$634,787	RevenueSubtotalAmt
Total Revenue Per Form990	$634,787	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$940,206	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$940,206	ExpensesSubtotalAmt
Total Expenses Per Form990	$940,206	TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe	7	Program services	Financial Education & Mkt. Research	$291,747
Sub-Saharan Africa	19	Program services	Financial Education & Mkt. Research	$158,425
South Asia	5	Program services	Financial Education & Mkt. Research	$304,893

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	31	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	31	TotalEmployeeCnt
Subtotal Spent	$755,065	SubtotalSpentAmt
Total Spent	$755,065	TotalSpentAmt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt I Line 2	The organization does not make grants/assistances to the
Pt I Line 2	outside of the United States.
Pt I Line 2	MFO 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.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.