2021-10-26T19:57:15-07:00 2020-12-31 ALI AMINI CMA CPA 4620 N PARK AVE APT 1501 W CHEVY CHASE MD 20815 990 2020-01-01 300075787 Microfinance Opportunities MICR 2027210050 45 Prospect Street Cambridge MA 02139 Guy Stuart Executive Director 2027210050 2021-08-16 Guy Stuart XXX-XX-XXXX Ali Amini CMA CPA P01390681 3014557039 2021-10-26 X 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Guy Stuart Executive Director 45 Prospect Street Cambridge MA 02139 624964 false X www.microfinanceopportunities.org X 2002 MA The organization is a global non-profit committed to understanding the financial realities of low income households. The organization works with financial service providers 5 5 3 0 0 0 15 481836 372156 142393 0 735 372171 624964 0 0 157205 148096 0 15417 360409 350001 517614 498097 -145443 126867 75204 201158 6766 5853 68438 195305 The organization is a global non-profit committed to understanding the financial realities of low income households. The organization works with financial service providers false false 442726 0 624329 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. 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. 442726 true true false false false false false false false false false false false false true false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 3 true false false false false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false MA X David Lesser Finance Administration 2027210050 5407 2nd St NW Washington DC 20011 Elizabeth Keating Chair of the Board 1.00 X 0 0 0 Eric Bell Board member 1.00 X 0 0 0 James Pickup Board member 1.00 X 0 0 0 Larry Reed Board member 1.00 X 0 0 0 Mark Fagan Board member 1.00 X 0 0 0 Guy Stuart Executive Director 40.00 X X 46597 0 19109 46597 0 19109 false false false 481836 481836 Contract income 900099 142393 0 0 142393 Other income 999000 735 735 0 0 735 624964 143128 0 0 46597 46597 0 0 57875 28668 20388 8819 36791 28758 4641 3392 6833 5747 506 580 5399 0 5399 0 2444 1587 752 105 2517 2259 164 94 263 263 0 0 0 0 0 0 5470 0 5470 0 Bank fees 2173 0 2173 0 Telephone and internet 279 237 29 13 Project communications 1514 1514 0 0 Contractor expenses 329545 327096 432 2017 397 0 0 397 498097 442726 39954 15417 49809 157643 16835 35188 8560 8327 75204 201158 6653 5853 113 0 6766 5853 X 68438 195305 68438 195305 75204 201158 126867 X false true X true false X 0 0 1042751 867922 706117 372171 481836 3470797 142393 142393 0 0 1042751 867922 706117 372171 624229 3613190 0 33228 33228 33228 33228 3579962 307 35 438 735 1515 3614705 0.99040 0.99750 0.00000 0.00000 X Pt III Ln 12 Other Income Part III, Line 12 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Payroll taxess payable 0 0 624964 624964 624964 498097 498097 498097 false South Asia 0 6 Program services Financial Education & Mkt. Research 254668 Europe 0 2 Program services Financial Education & Mkt. Research 54840 South America 0 2 Program services Financial Education & Mkt. Research 9629 0 10 0 10 319137 319137 false false false false false false 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. 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 determinig compensation of other officers or key employees includes review of comparable data before it is approved.