MICROFINANCE OPPORTUNITIES INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: MICROFINANCE OPPORTUNITIES INC (EIN 30-0075787)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-11
IRS object ID: 202403169349303505
Schema version: 2023v5.1
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	2024-11-11T09:42:47-08:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	823075717	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	2023-01-01	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	Executive Director	PersonTitleTxt
Phone	2027210050	PhoneNum
Signature	2024-10-29	SignatureDt

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	2024-11-11	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

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

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	$156,708	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	$56,983	PYContributionsGrantsAmt
CY Contributions Grants	$12,615	CYContributionsGrantsAmt
PY Program Service Revenue	$576,205	PYProgramServiceRevenueAmt
CY Program Service Revenue	$144,093	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
PY Other Revenue	$1,599	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$634,787	PYTotalRevenueAmt
CY Total Revenue	$156,708	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$138,876	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$62,323	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$427	CYTotalFundraisingExpenseAmt
PY Other Expenses	$801,330	PYOtherExpensesAmt
CY Other Expenses	$240,041	CYOtherExpensesAmt
PY Total Expenses	$940,206	PYTotalExpensesAmt
CY Total Expenses	$302,364	CYTotalExpensesAmt
PY Revenues Less Expenses	-$305,419	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$145,656	CYRevenuesLessExpensesAmt
Total Assets BOY	$221,751	TotalAssetsBOYAmt
Total Assets EOY	$18,839	TotalAssetsEOYAmt
Total Liabilities BOY	$58,483	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,227	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$163,268	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$17,612	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	$219,489	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$156,705	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	$219,489	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	1	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 (5 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
Director	1.00	Yes (X)	$0	$0	$0
Larry Reed
Director	1.00	Yes (X)	$0	$0	$0
Guy Stuart
Executive Director	32.00	Yes (X)	$1,000	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$12,615	AllOtherContributionsAmt
Total Contributions	$12,615	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Contract income	Desc
Business	900099	BusinessCd
Total Revenue Column	$144,093	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$144,093	TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$156,708	TotalRevenueColumnAmt
Related Or Exempt Func Income	$144,093	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,000	TotalAmt
Program Services	$750	ProgramServicesAmt
Management And General	$250	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$43,363	TotalAmt
Program Services	$3,667	ProgramServicesAmt
Management And General	$39,696	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$14,199	TotalAmt
Program Services	$8,587	ProgramServicesAmt
Management And General	$5,576	ManagementAndGeneralAmt
Fundraising	$36	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,761	TotalAmt
Program Services	$224	ProgramServicesAmt
Management And General	$3,537	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$7,777	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$7,777	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,183	TotalAmt
Program Services	$811	ProgramServicesAmt
Management And General	$372	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,558	TotalAmt
Program Services	$3,593	ProgramServicesAmt
Management And General	$965	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	$7,487	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$7,487	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Contractor expenses	$215,522	$200,817	$14,314	$391
Bank fees	$2,248	$0	$2,248	$0
Communications and outreach	$1,116	$1,040	$76	$0
Licenses, fees and permits	$150	$0	$150	$0

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$302,364	TotalAmt
Program Services	$219,489	ProgramServicesAmt
Management And General	$82,448	ManagementAndGeneralAmt
Fundraising	$427	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$153,264	BOYAmt
EOY	$15,302	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$63,371	BOYAmt
EOY	$920	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,116	BOYAmt
EOY	$2,617	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$221,751	BOYAmt
EOY	$18,839	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$58,483	BOYAmt
EOY	$1,227	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$58,483	BOYAmt
EOY	$1,227	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	$163,268	BOYAmt
EOY	$17,612	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$163,268	BOYAmt
EOY	$17,612	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$221,751	BOYAmt
EOY	$18,839	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$145,656	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	$372,171	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$481,836	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$606,984	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$56,834	CurrentTaxYearMinus1YearAmt
Current Tax Year	$12,615	CurrentTaxYearAmt
Total	$1,530,440	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$142,393	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$515,899	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$576,205	CurrentTaxYearMinus1YearAmt
Current Tax Year	$144,093	CurrentTaxYearAmt
Total	$1,378,590	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	$372,171	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$624,229	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,122,883	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$633,039	CurrentTaxYearMinus1YearAmt
Current Tax Year	$156,708	CurrentTaxYearAmt
Total	$2,909,030	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 Minus3 Years	$33,228	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$987,696	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$527,780	CurrentTaxYearMinus1YearAmt
Current Tax Year	$120,093	CurrentTaxYearAmt
Total	$1,668,797	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$33,228	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$987,696	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$527,780	CurrentTaxYearMinus1YearAmt
Current Tax Year	$120,093	CurrentTaxYearAmt
Total	$1,668,797	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$1,240,233	PublicSupportTotal509Amt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$735	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$88	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,599	CurrentTaxYearMinus1YearAmt
Total	$2,422	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Total	$2,911,452	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.42600	PublicSupportCY509Pct
Public Support PY509	0.55170	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	$156,708	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$156,708	RevenueSubtotalAmt
Total Revenue Per Form990	$156,708	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$302,364	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$302,364	ExpensesSubtotalAmt
Total Expenses Per Form990	$302,364	TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe	1	Program services	Financial Education & Mkt. Research	$85,645
Sub-Saharan Africa	3	Program services	Financial Education & Mkt. Research	$33,945
East Asia and Pacific	2	Program services	Financial Education & Mkt. Research	$92,380
Middle East	1	Program services		$11,723

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	7	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	7	TotalEmployeeCnt
Subtotal Spent	$223,693	SubtotalSpentAmt
Total Spent	$223,693	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.