2013-11-11T12:24:47-06:00 2012-12-31 541487262 MATTHEWS CARTER & BOYCE 11320 RANDOM HILLS ROAD SUITE 600 FAIRFAX VA 22030 990 2012-01-01 300075787 MICROFINANCE OPPORTUNITIES MICR 2027210050 1701 K STREET NW NO 650 WASHINGTON DC 20006 GUY STUART 2027210050 2013-11-06 1 KATHLEEN M FLAHERTY P00969957 7032183600 2012 2016-03-07 17:11:31Z GUY STUART 1701 K STREET NW NO 650 WASHINGTON DC 20006 1564357 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. 8 8 14 0 0 0 7274 1141976 1372074 418088 10637 2568 12000 1725 1401985 1564357 0 0 0 0 1156073 894782 0 0 78327 1811743 897771 2967816 1792553 -1565831 -228196 2053441 1334209 1583861 1164708 469580 169501 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 1244125 266649 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. 200118 138959 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. 9824 12480 MICROFINANCE OPPORTUNITIES PROMOTES THE DEVELOPMENT OF CLIENT RISK MANAGEMENT FINANCIAL PRODUCTS WHICH WILL REDUCE THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS. 1454067 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 8 8 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 2.00 X 0 0 0 DANA DE KANTER 2.00 X X 0 0 0 JENNIFER VON BISMARCK 2.00 X 0 0 0 JIM PICKUP 2.00 X 0 0 0 BRIGIT HELMS 2.00 X 0 0 0 LARRY REED 2.00 X 0 0 0 ERIC BELL 2.00 X 0 0 0 ERICA GREELY 2.00 X 0 0 0 MONIQUE COHEN 50.00 X X 97013 0 3568 GUY STUART 50.00 X X 106599 0 0 LESLIE BARCUS 50.00 X 90708 0 2700 KELLY GARDNER 50.00 X 31746 0 860 326066 0 7128 1 0 0 0 0 1141952 24 1141976 CONTRACT INCOME 900099 406943 406943 HONORARIUM 900099 5800 5800 PUBLICATION INCOME 511190 5345 5345 418088 2568 2568 MISCELLANEOUS REVENUE 900099 1725 1725 1725 1564357 418088 0 4293 X 333194 269455 46052 17687 438501 332314 76176 30011 12673 9812 1917 944 52173 32373 17307 2493 58241 44275 9758 4208 45459 2623 42836 394618 391426 340 2852 40873 30595 7526 2752 195224 154012 28230 12982 166042 154368 9401 2273 29488 27363 2125 11159 11159 6958 6958 TRAINING PROJECTS 4824 4824 BANK FEES 2576 627 1949 DUES AND SUBSCRIPTIONS 550 550 1792553 1454067 260159 78327 1166055 969259 718785 300807 142142 30434 4630 23039 60823 53501 18481 7322 3348 3348 2053441 1334209 35210 33711 1548651 1130997 1583861 1164708 X 469580 169501 469580 169501 2053441 1334209 X -228196 -102211 30328 X 0 1 X 0 0 X 1894207 400000 320124 7274 1141976 3763581 1894207 400000 320124 7274 1141976 3763581 2333297 1430284 58995 13745 25480 22637 2568 123425 1879 1142 2833 1725 7579 3894585 3991294 0.36720 0.91360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60823 53501 7322 7322 X 1650971 56286 30328 86614 1564357 0 1564357 1848839 56286 56286 1792553 0 1792553 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: WRITE OFF OF DEFERRED RENT 30,328. CENTRAL AMERICA 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT AND FINANCIAL EDUCATION 1377 EAST ASIA 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT, FINANCIAL EDUCTION, AND MARKET RESEARCH 35627 EUROPE 0 0 PROGRAM SERVICES FINANCIAL EDUCATION 7 SOUTH AMERICA 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT 8634 SOUTH ASIA 0 0 PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 17217 AFRICA 0 0 PROGRAM SERVICES FINANCIAL EDUCATION AND MARKET RESEARCH 58898 OCEANIA 0 0 PROGRAM SERVICES MARKET RESEARCH 7110 0 0 0 0 0 0 128870 0 128870 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS DELEGATES THE REVIEW AND APPROVAL OF THE 990 TO MANAGEMENT AND THE TREASURER. 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. OTHER FEES FORM 990, PART IX, LINE 11G PROJECT SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 391,426. MANAGEMENT AND GENERAL EXPENSES 340. FUNDRAISING EXPENSES 2,852. TOTAL EXPENSES 394,618. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: WRITE-OFF DEFERRED RENT 30,328.