2017-05-05T17:20:40-07:00 2016-12-31 Crosby & Kaneda CPAs 1970 Broadway STE 930 Oakland CA 94612 990 2016-01-01 208993652 Mission Asset Fund MISS 8882744808 3269 Mission Street San Francisco CA 94110 Jose Quinonez CEO 2017-05-05 true Adele Kaneda P01664922 5108352727 2016 2021-01-29 14:40:06Z Jose Quinonez 3269 Mission St San Francisco CA 94110 1679614 false false X http://missionassetfund.org X 2007 CA Mission Asset Fund helps immigrants and low income individuals to improve their financial capabilities across the United States. 10 10 23 0 3044523 1503109 167126 162436 1222 1363 12372 12706 3225243 1679614 7130 22371 0 1113232 1546229 42775 37023 255995 843130 1002844 2006267 2608467 1218976 -928853 4370836 3627611 542903 728531 3827933 2899080 Helps individuals and low income family members to improve their financial capabilities. false false 1987081 22371 162436 With a suite of award-winning programs, Mission Asset Fund (MAF) helps vulnerable communities build brighter economic futures. MAF provides financial programs that help consumers overcome specific financial pain points, including acquiring capital to start a small business, a credit-building social loan, applying for citizenship or other immigration programs. By fortifying clients with access to credit, financial capability, mobile-friendly financial education, and strategies for overcoming pain points, Lending Circles opens economic pathways: 7,000+ people nationwide have received $6.5M in zero-interest loans, empowering them to build credit, unlock affordable financial services, and save for critical goals. 50+ nonprofits have joined forces with MAF to offer the Lending Circles model to thousands of financially vulnerable consumers across the U.S. Together, were addressing the financial needs of community members living in financially underserved areas in 17 U.S. states and Washington D.C. 1987081 true true false false false false false false false false true false true false true true true false false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false true 15 0 true 23 true false false false false false false false false 0 false false false false false false false false false false X 10 10 false false false false false false false true true false true true true true false false true true false true false CA X Daniela Salas 8882744808 3269 Mission Street San Francisco CA 94110 Vicki Joseph President 10.00 0.00 X X 0 0 0 Mona Masri Vice President 10.00 0.00 X X 0 0 0 Manuel Santamaria Secretary 10.00 0.00 X X 0 0 0 Ian McLeod Treasurer 10.00 0.00 X X 0 0 0 David Krimm Director 10.00 0.00 X 0 0 0 Jessice Leggett Director 10.00 0.00 X 0 0 0 Haydee Moreno Director 10.00 0.00 X 0 0 0 Acquilina Soriano Director 10.00 0.00 X 0 0 0 Salvador Torres Director 10.00 0.00 X 0 0 0 Stephan Waldstrom Director 10.00 0.00 X 0 0 0 Jose Quinonez CEO 40.00 0.00 X 133500 0 22956 Daniela Salas COO 40.00 0.00 X 115100 0 21715 248600 44671 2 false true false 0 180000 1323109 6459 1503109 Conference and seminar 18915 18915 License fees 53465 53465 Program service fees 90056 90056 162436 1363 1363 0 0 0 0 0 0 0 Miscellaneous 12706 12706 12706 1679614 162436 14069 250 250 22121 22121 0 0 293271 173213 76643 43415 0 1012832 751616 151385 109831 32298 24756 3810 3732 105271 80679 16767 7825 102557 73626 17896 11035 0 11166 11166 38925 38925 0 37023 37023 0 35581 35581 3289 2785 314 190 81327 72393 5454 3480 207325 201423 4527 1375 0 101840 74804 16834 10202 67874 47884 3994 15996 0 186875 180044 1141 5690 0 0 147371 142805 2843 1723 6923 6923 Other expenses 61856 50609 6769 4478 Loan servicing fees 39307 39307 Bad debt 13185 13185 0 2608467 1987081 365391 255995 1710552 1602197 688655 679903 1365650 714583 35698 38009 0 0 0 0 60123 73824 95374 51947 54340 43427 0 0 273973 321655 171845 144013 10000 10000 4370836 3627611 253399 338599 83312 150000 112500 139504 194120 542903 728531 X 856888 1149647 2971045 1749433 3827933 2899080 4370836 3627611 -928853 X false true X false false X 1161149 3285193 1372483 3044523 1503109 10366457 0 0 1161149 3285193 1372483 3044523 1503109 10366457 4003089 6363368 1646 1183 1227 1222 1363 6641 0 26061 17607 22094 12372 12706 90840 10463938 627153 0.60810 0.55590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95374 51947 43427 43427 321655 Partner funds held 194120 194120 X 1679614 1679614 1679614 2608467 2608467 2608467 Part X : FIN48 Footnote The Organization has evaluated its current tax positions as of December 31, 2016 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. X X true Christine Comella 5357 Hillen Dr Oakland CA 94619 Grant writing false 37023 37023 CA true 0 0 Lending Circle Matches 99 22121 Grantmaker's Description of How Grants are Used Records of the grant funds are kept and generated from the online Salesforce reports. These records are updated on a continuous basis. X false false false false false false false false false false Jose Quinonez CEO 133500 5102 17854 156456 Form 990, Part VI, Line 11b: Form 990 Review Process The CEO and COO initially review the draft Form 990 and then all members of the Board review the Form 990 before it is filed. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Reviewed by the CEO and COO. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are not available to the public.