MICROFINANCE OPPORTUNITIES INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: MICROFINANCE OPPORTUNITIES INC (EIN 30-0075787)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-11-05
IRS object ID: 201443099349300839
Schema version: 2013v3.0
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 B
Schedule D
Schedule F
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-11-05T09:56:36-06:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	541487262	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MATTHEWS CARTER & BOYCE	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	12500 FAIR LAKES CIRCLE SUITE 260	AddressLine1
City	FAIRFAX	City
State	VA	State
ZIP Code	22033	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-01-01	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	BusinessNameLine1

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	1701 K STREET NW NO 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GUY STUART	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	2027210050	PhoneNum
Signature	2014-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KATHLEEN M FLAHERTY	PreparerPersonNm
PTIN	P00969957	PTIN
Phone	7032183600	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	GUY STUART	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1701 K STREET NW NO 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$1,548,328	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MICROFINANCEOPPORTUNITIES.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	MICROFINANCE OPPORTUNITIES IS A GLOBAL NONPROFIT ORGANIZATION COMMITTED TO UNDERSTANDING THE FINANCIAL REALITIES OF LOW-INCOME HOUSEHOLDS AND DEVELOPING CONSUMER-FOCUSED SOLUTIONS. OUR WORK SHAPES THE DESIGN AND DELIVERY OF FINANCIAL PRODUCTS AND SERVICES, AND ENHANCES THE CAPACITY OF LOW-INCOME CONSUMERS TO MAKE INFORMED FINANCIAL DECISIONS. IN COLLABORATION WITH A WIDE RANGE OF PUBLIC AND PRIVATE SECTOR PARTNERS, OUR RESEARCH AND EXPERTISE HELP TO INCREASE CONSUMER ACCESS TO FINANCE IN THE DEVELOPING WORLD.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	12	TotalEmployeeCnt
Total Volunteers	6	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,141,976	PYContributionsGrantsAmt
CY Contributions Grants	$839,320	CYContributionsGrantsAmt
PY Program Service Revenue	$418,088	PYProgramServiceRevenueAmt
CY Program Service Revenue	$702,699	CYProgramServiceRevenueAmt
PY Investment Income	$2,568	PYInvestmentIncomeAmt
CY Investment Income	$714	CYInvestmentIncomeAmt
PY Other Revenue	$1,725	PYOtherRevenueAmt
CY Other Revenue	$5,595	CYOtherRevenueAmt
PY Total Revenue	$1,564,357	PYTotalRevenueAmt
CY Total Revenue	$1,548,328	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$894,782	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$656,562	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$70,959	CYTotalFundraisingExpenseAmt
PY Other Expenses	$897,771	PYOtherExpensesAmt
CY Other Expenses	$885,287	CYOtherExpensesAmt
PY Total Expenses	$1,792,553	PYTotalExpensesAmt
CY Total Expenses	$1,541,849	CYTotalExpensesAmt
PY Revenues Less Expenses	-$228,196	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,479	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,334,209	TotalAssetsBOYAmt
Total Assets EOY	$532,501	TotalAssetsEOYAmt
Total Liabilities BOY	$1,164,708	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$356,521	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$169,501	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$175,980	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	MICROFINANCE OPPORTUNITIES IS A GLOBAL NONPROFIT ORGANIZATION COMMITTED TO UNDERSTANDING THE FINANCIAL REALITIES OF LOW-INCOME HOUSEHOLDS AND DEVELOPING CONSUMER-FOCUSED SOLUTIONS. OUR WORK SHAPES THE DESIGN AND DELIVERY OF FINANCIAL PRODUCTS AND SERVICES, AND ENHANCES THE CAPACITY OF LOW-INCOME CONSUMERS TO MAKE INFORMED DECISIONS. IN COLLABORATION WITH A WIDE RANGE OF PUBLIC AND PRIVATE SECTOR PARTNERS, OUR RESEARCH AND EXPERTISE HELP TO INCREASE CONSUMER ACCESS TO FINANCE IN THE DEVELOPING WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,027,928	ExpenseAmt
Revenue	$420,083	RevenueAmt
Desc	MICROFINANCE OPPORTUNITIES PROMOTES FINANCIAL LITERACY FOR THE WORLD'S POOR THROUGH THE DEVELOPMENT, EVALUATION AND WORLDWIDE DISSEMINATION OF FINANCIAL EDUCATION CURRICULUM AND THROUGH ALTERNATIVE DELIVERY CHANNELS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$275,856	ExpenseAmt
Revenue	$282,616	RevenueAmt
Desc	MICROFINANCE OPPORTUNITIES DESIGNS AND IMPLEMENTS NEEDS ASSESSMENTS AND MARKET RESEARCH TO SUPPORT THE DESIGN AND DEVELOPMENT OF FINANCIAL EDUCATION PROGRAMS AND FINANCIAL PRODUCTS AND SERVICES FOR LOW-INCOME PEOPLE. MFO DESIGNS AND IMPLEMENTS EVALUATIONS OF MICROFINANCE, MICROINSURANCE AND FINANCIAL EDUCATION PROGRAMS TO ASSESS THE VALUE OF THESE PROGRAMS TO LOW-INCOME PEOPLE. OUR RESEARCH SERVES TO IDENTIFY AREAS FOR IMPROVING THE DESIGN, DELIVERY AND EFFECTIVENESS OF FINANCIAL SERVICES AND FINANCIAL EDUCATION FOR POOR PEOPLE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$1,303,784	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	12	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	12	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	2027210050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1701 K STREET NW SUITE 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
CHARLES RAYMOND
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
DANA DE KANTER
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
JIM PICKUP
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BRIGIT HELMS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LARRY REED
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ERIC BELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
GUY STUART
EXECUTIVE DIRECTOR	40.00	Yes (X)	Yes (X)	$145,000	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$145,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$839,320	AllOtherContributionsAmt
Total Contributions	$839,320	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONTRACT INCOME	900099	$702,411	$702,411
PUBLICATION INCOME	511190	$288	$288

Field	Value	IRS element (for citing)
Total Program Service Revenue	$702,699	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$714	TotalRevenueColumnAmt
Exclusion	$714	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$5,595	TotalRevenueColumnAmt
Exclusion	$5,595	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$5,595	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,548,328	TotalRevenueColumnAmt
Related Or Exempt Func Income	$702,699	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$6,309	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$160,870	TotalAmt
Program Services	$118,236	ProgramServicesAmt
Management And General	$31,496	ManagementAndGeneralAmt
Fundraising	$11,138	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$402,900	TotalAmt
Program Services	$316,364	ProgramServicesAmt
Management And General	$56,753	ManagementAndGeneralAmt
Fundraising	$29,783	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$11,189	TotalAmt
Program Services	$8,347	ProgramServicesAmt
Management And General	$2,042	ManagementAndGeneralAmt
Fundraising	$800	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$36,907	TotalAmt
Program Services	$27,533	ProgramServicesAmt
Management And General	$6,735	ManagementAndGeneralAmt
Fundraising	$2,639	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$44,696	TotalAmt
Program Services	$34,500	ProgramServicesAmt
Management And General	$6,986	ManagementAndGeneralAmt
Fundraising	$3,210	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$24,813	TotalAmt
Management And General	$24,813	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$497,560	TotalAmt
Program Services	$485,556	ProgramServicesAmt
Management And General	$7,244	ManagementAndGeneralAmt
Fundraising	$4,760	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$76,412	TotalAmt
Program Services	$65,324	ProgramServicesAmt
Management And General	$8,557	ManagementAndGeneralAmt
Fundraising	$2,531	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$77,117	TotalAmt
Program Services	$67,845	ProgramServicesAmt
Fundraising	$9,272	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$150,884	TotalAmt
Program Services	$137,296	ProgramServicesAmt
Management And General	$7,805	ManagementAndGeneralAmt
Fundraising	$5,783	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$14,342	TotalAmt
Program Services	$13,592	ProgramServicesAmt
Fundraising	$750	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,827	TotalAmt
Management And General	$4,827	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$5,787	TotalAmt
Management And General	$5,787	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
TRAINING PROJECTS	$25,078	$24,897	$181
BANK FEES	$6,094	$1,996	$112	$3,986
DUES AND SUBSCRIPTIONS	$1,400	$1,325		$75
PUBLICATIONS	$973	$973

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,541,849	TotalAmt
Program Services	$1,303,784	ProgramServicesAmt
Management And General	$167,106	ManagementAndGeneralAmt
Fundraising	$70,959	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$969,259	BOYAmt
EOY	$329,467	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$300,807	BOYAmt
EOY	$141,050	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$30,434	BOYAmt
EOY	$32,115	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$23,039	BOYAmt
EOY	$25,094	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$41,263	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$39,836	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,322	BOYAmt
EOY	$1,427	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$3,348	BOYAmt
EOY	$3,348	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,334,209	BOYAmt
EOY	$532,501	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$33,711	BOYAmt
EOY	$64,923	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,130,997	BOYAmt
EOY	$291,598	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,164,708	BOYAmt
EOY	$356,521	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$169,501	BOYAmt
EOY	$175,980	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$169,501	BOYAmt
EOY	$175,980	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,334,209	BOYAmt
EOY	$532,501	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,479	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$400,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$320,124	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,274	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,141,976	CurrentTaxYearMinus1YearAmt
Current Tax Year	$839,320	CurrentTaxYearAmt
Total	$2,708,694	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$400,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$320,124	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,274	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,141,976	CurrentTaxYearMinus1YearAmt
Current Tax Year	$839,320	CurrentTaxYearAmt
Total	$2,708,694	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,098,244	SubstantialContributorsTotAmt
Public Support Total170	$610,450	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$13,745	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$25,480	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$22,637	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,568	CurrentTaxYearMinus1YearAmt
Current Tax Year	$714	CurrentTaxYearAmt
Total	$65,144	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,142	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,833	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year	$1,725	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,595	CurrentTaxYearAmt
Total	$11,295	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$2,785,133	TotalSupportAmt
Gross Receipts Rltd Activities	$4,250,415	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.21920	PublicSupportCY170Pct
Public Support PY170	0.36720	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170	Yes (X)	ThirtyThrPctSuprtTestsPY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$41,263	OtherCostOrOtherBasisAmt
Depreciation	$39,836	DepreciationAmt
Book Value	$1,427	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,427	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,548,328	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$1,548,328	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,548,328	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,541,849	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,541,849	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,541,849	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	MFO HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, (FIN 48), AS PERMITTED BY FASB STAFF POSITION (FSP) FIN 48-3, WHICH IS CODIFIED AS FASB ASC 740. FASB ASC 740 REQUIRES CHANGES IN RECOGNITION AND MEASUREMENT FOR UNCERTAIN TAX POSITIONS. MFO HAS ANALYZED ITS TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS. MFO IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. IF THIS POSITION CHANGES, MFO WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS FINANCIAL POSITION AND RESULTS OF OPERATIONS.	ExplanationTxt

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA	0	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION	$13,896
EAST ASIA	1	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION AND MARKET RESEARCH	$220,143
EUROPE	0	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION	$38,406
SOUTH AMERICA	0	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION AND MARKET RESEARCH	$21,654
SOUTH ASIA	1	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION AND MARKET RESEARCH	$98,867
AFRICA	0	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION AND MARKET RESEARCH	$211,864
NORTH AMERICA	0	FUNDRAISING & PROGRAM SERVICES	FINANCIAL EDUCATION	$2,609

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	2	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	2	TotalEmployeeCnt
Subtotal Spent	$607,439	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$607,439	TotalSpentAmt
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	MONIQUE COHEN	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	FORMER OFFICER	RelationshipDescriptionTxt
Transaction	$30,400	TransactionAmt
Transaction	CONSULTING WORK AND APPRECIATION BONUS.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE 990.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT WHICH EACH DIRECTOR WILL BE ASKED TO COMPLETE UPON HIS OR HER ELECTION OR RE-ELECTION TO THE BOARD ANNUALLY. EACH OFFICER AND SENIOR STAFF MEMBER WILL BE ASKED TO COMPLETE SUCH A STATEMENT UPON HIS OR HER EMPLOYMENT ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE DETERMINES THE SALARY OF THE ORGANIZATION'S PRESIDENT. A MEMBER OF THE COMPENSATION COMMITTEE CONDUCTS A SURVEY OF EXECUTIVE COMPENSATION USING 990 DATA OF COMPARABLE ORGANIZATIONS. THE COMMITTEE, AS A WHOLE, THEN DETERMINES IF AN INCREASE IS MERITED, GIVEN THE RANGE OF SALARIES IN THE INDUSTRY AND THE PERFORMANCE OF THE PRESIDENT.
FORM 990, PART VI, SECTION C, LINE 19	MICROFINANCE OPPORTUNITIES MAKES ITS FINANCIAL STATEMENTS AND OTHER DOCUMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST.
FORM 990, PART IX, LINE 11G	PROJECT SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 485,556. MANAGEMENT AND GENERAL EXPENSES 7,244. FUNDRAISING EXPENSES 4,760. TOTAL EXPENSES 497,560.