2014-11-05T09:56:36-06:00 2013-12-31 541487262 MATTHEWS CARTER & BOYCE 12500 FAIR LAKES CIRCLE SUITE 260 FAIRFAX VA 22033 990 2013-01-01 300075787 MICROFINANCE OPPORTUNITIES MICR 2027210050 1701 K STREET NW NO 650 WASHINGTON DC 20006 GUY STUART EXECUTIVE DIRECTOR 2027210050 2014-11-04 1 KATHLEEN M FLAHERTY P00969957 7032183600 2013 2015-11-30 17:44:51Z GUY STUART 1701 K STREET NW NO 650 WASHINGTON DC 20006 1548328 0 X WWW.MICROFINANCEOPPORTUNITIES.ORG X 2002 DC 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. 7 6 12 6 0 0 1141976 839320 418088 702699 2568 714 1725 5595 1564357 1548328 0 0 0 0 894782 656562 0 0 70959 897771 885287 1792553 1541849 -228196 6479 1334209 532501 1164708 356521 169501 175980 X 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. 0 0 1027928 420083 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. 275856 282616 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. 1303784 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2027210050 1701 K STREET NW SUITE 650 WASHINGTON DC 20006 CHARLES RAYMOND CHAIR 1.00 X X 0 0 0 DANA DE KANTER CHAIR 1.00 X X 0 0 0 JIM PICKUP DIRECTOR 1.00 X 0 0 0 BRIGIT HELMS DIRECTOR 1.00 X 0 0 0 LARRY REED DIRECTOR 1.00 X 0 0 0 ERIC BELL DIRECTOR 1.00 X 0 0 0 GUY STUART EXECUTIVE DIRECTOR 40.00 X X 145000 0 0 145000 0 0 1 0 0 0 0 839320 839320 CONTRACT INCOME 900099 702411 702411 PUBLICATION INCOME 511190 288 288 702699 714 714 MISCELLANEOUS REVENUE 900099 5595 5595 5595 1548328 702699 0 6309 X 160870 118236 31496 11138 402900 316364 56753 29783 11189 8347 2042 800 36907 27533 6735 2639 44696 34500 6986 3210 24813 24813 497560 485556 7244 4760 76412 65324 8557 2531 77117 67845 9272 150884 137296 7805 5783 14342 13592 750 4827 4827 5787 5787 TRAINING PROJECTS 25078 24897 181 BANK FEES 6094 1996 3986 112 DUES AND SUBSCRIPTIONS 1400 1325 75 PUBLICATIONS 973 973 1541849 1303784 167106 70959 969259 329467 300807 141050 30434 32115 23039 25094 41263 39836 7322 1427 3348 3348 1334209 532501 33711 64923 1130997 291598 1164708 356521 X 169501 175980 169501 175980 1334209 532501 6479 0 X 0 1 X 0 0 X 400000 320124 7274 1141976 839320 2708694 400000 320124 7274 1141976 839320 2708694 2098244 610450 13745 25480 22637 2568 714 65144 1142 2833 1725 5595 11295 2785133 4250415 0.21920 0.36720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41263 39836 1427 1427 X 1548328 0 1548328 0 1548328 1541849 0 1541849 0 1541849 PART X, LINE 2: 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. 1 CENTRAL AMERICA 0 0 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION 13896 EAST ASIA 0 1 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 220143 EUROPE 0 0 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION 38406 SOUTH AMERICA 0 0 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 21654 SOUTH ASIA 0 1 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 98867 AFRICA 0 0 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 211864 NORTH AMERICA 0 0 FUNDRAISING & PROGRAM SERVICES FINANCIAL EDUCATION 2609 0 2 0 0 0 2 607439 0 607439 0 0 0 0 0 0 MONIQUE COHEN FORMER OFFICER 30400 CONSULTING WORK AND APPRECIATION BONUS. 0 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.