MICROFINANCE OPPORTUNITIES INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MICROFINANCE OPPORTUNITIES INC (EIN 30-0075787)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-14
IRS object ID: 201202279349302970
Schema version: 2011v1.2
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 J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-14T14:41:58-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	541487262	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MATTHEWS CARTER & BOYCE	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	11320 RANDOM HILLS ROAD SUITE 600	AddressLine1
City	FAIRFAX	City
State	VA	State
ZIP Code	22030	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	300075787	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MICROFINANCE OPPORTUNITIES	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MICR	NameControl
Phone	2027210050	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1701 K STREET NW NO 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MONIQUE COHEN	Name
Title	PRESIDENT	Title
Phone	2027210050	Phone
Date Signed	2012-08-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KATHLEEN M FLAHERTY	Name
PTIN	P00969957	PTIN
Phone	7032183600	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MONIQUE COHEN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1701 K STREET NW NO 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1401985	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MICROFINANCEOPPORTUNITIES.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	DC	StateLegalDomicile
Activity Or Mission Description	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.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	18	TotalNbrEmployees
Total Nbr Volunteers	8	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	320124	ContributionsGrantsPriorYear
Contributions Grants Current Year	7274	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1274076	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1372074	ProgramServiceRevenueCY
Investment Income Prior Year	11080	InvestmentIncomePriorYear
Investment Income Current Year	10637	InvestmentIncomeCurrentYear
Other Revenue Prior Year	17233	OtherRevenuePriorYear
Other Revenue Current Year	12000	OtherRevenueCurrentYear
Total Revenue Prior Year	1622513	TotalRevenuePriorYear
Total Revenue Current Year	1401985	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1174881	SalariesEtcPriorYear
Salaries Etc Current Year	1156073	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	106515	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1717539	OtherExpensePriorYear
Other Expenses Current Year	1811743	OtherExpensesCurrentYear
Total Expenses Prior Year	2892420	TotalExpensesPriorYear
Total Expenses Current Year	2967816	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-1269907	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-1565831	RevenuesLessExpensesCY
Total Assets BOY	2401282	TotalAssetsBOY
Total Assets EOY	2053441	TotalAssetsEOY
Total Liabilities BOY	365871	TotalLiabilitiesBOY
Total Liabilities EOY	1583861	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2035411	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	469580	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	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.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	1491957	Expense
Revenue	1030763	Revenue
Description	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.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	809176	Expense
Revenue	288737	Revenue
Description	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.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	120214	Expense
Revenue	52574	Revenue
Description	MICROFINANCE OPPORTUNITIES PROMOTES THE DEVELOPMENT OF CLIENT RISK MANAGEMENT FINANCIAL PRODUCTS WHICH WILL REDUCE THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	2421347	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	24	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	18	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2027210050	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1701 K STREET NW SUITE 650	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20006	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
CHARLES RAYMOND
CHAIRMAN	2.00	X	X	0	0	0
DANA DE KANTER
TREASURER	2.00	X		0	0	0
JENNIFER VON BISMARCK
DIRECTOR	2.00	X		0	0	0
JIM PICKUP
DIRECTOR	2.00	X		0	0	0
BRIGIT HELMS
DIRECTOR	2.00	X		0	0	0
LARRY REED
DIRECTOR	2.00	X		0	0	0
ERIC BELL
DIRECTOR	2.00	X		0	0	0
ERICA GREELY
DIRECTOR	2.00	X		0	0	0
MONIQUE COHEN
PRESIDENT & EXECUTIVE DIRECTOR	50.00	X	X	171200	0	5992
STEPHANIE FISCHER
COO	50.00		X	73437	0	6494
LESLIE BARCUS
DEPUTY EXECUTIVE DIRECTOR	50.00		X	110000	0	6272
KELLY GARDNER
CFO	50.00		X	74488	0	7459

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	429125	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	26217	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	GUY STUART	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	8 FLORENCE STREET	AddressLine1
City	CAMBRIDGE	City
State	MA	State
ZIP Code	02139	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	RESEARCH CONSULTANT	DescriptionOfServices
Compensation	150190	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
All Other Contributions	7274	AllOtherContributions
Total Contributions	7274	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
CONTRACT INCOME	900099	1367998	1367998
PUBLICATION INCOME	511190	3576	3576
HONORARIUM	900099	500	500

Field	Value	IRS element (for citing)
Total Program Service Revenue	1372074	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	10637	TotalRevenueColumn
Exclusion	$10,637	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	12000	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	12000	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	12000	TotalRevenueColumn
Exclusion	$12,000	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1401985	TotalRevenueColumn
Related Or Exempt Function Income	1372074	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$22,637	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	177192	Total
Program Services	120551	ProgramServices
Management And General	43961	ManagementAndGeneral
Fundraising	12680	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	798708	Total
Program Services	545895	ProgramServices
Management And General	194997	ManagementAndGeneral
Fundraising	57816	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	22491	Total
Program Services	15662	ProgramServices
Management And General	5148	ManagementAndGeneral
Fundraising	1681	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	80392	Total
Program Services	45129	ProgramServices
Management And General	32015	ManagementAndGeneral
Fundraising	3248	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	77290	Total
Program Services	56192	ProgramServices
Management And General	16915	ManagementAndGeneral
Fundraising	4183	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	25645	Total
Management And General	25645	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1110801	Total
Program Services	1102383	ProgramServices
Management And General	1120	ManagementAndGeneral
Fundraising	7298	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	55018	Total
Program Services	25893	ProgramServices
Management And General	27231	ManagementAndGeneral
Fundraising	1894	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	15017	Total
Program Services	10537	ProgramServices
Management And General	3665	ManagementAndGeneral
Fundraising	815	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	204184	Total
Program Services	171391	ProgramServices
Management And General	19567	ManagementAndGeneral
Fundraising	13226	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	285336	Total
Program Services	256982	ProgramServices
Management And General	27930	ManagementAndGeneral
Fundraising	424	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	18141	Total
Program Services	13787	ProgramServices
Management And General	1104	ManagementAndGeneral
Fundraising	3250	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	9341	Total
Management And General	9341	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	16357	Total
Management And General	16357	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
PROJECT PUBLICATIONS	37866	37866
MEETING LOGISTICS	14843	14760	83
GRANTS RESCINDED	14033		14033
PROJECT SUPPLIES	5161	4319	842

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2967816	Total
Program Services	2421347	ProgramServices
Management And General	439954	ManagementAndGeneral
Fundraising	106515	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	29148	BOY
EOY	1166055	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1818839	BOY
EOY	718785	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	522376	BOY
EOY	142142	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	641	BOY
EOY	4630	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	60823	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	42342	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	26930	BOY
EOY	18481	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3348	BOY
EOY	3348	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2401282	BOY
EOY	2053441	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	104920	BOY
EOY	35210	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	226220	BOY
EOY	1548651	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	34731	BOY
EOY	0	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	365871	BOY
EOY	1583861	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	549095	BOY
EOY	469580	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1486316	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2035411	BOY
EOY	469580	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2401282	BOY
EOY	2053441	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-1565831	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	0	FSAudited
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	200174	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1894207	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	400000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	320124	CurrentTaxYearMinus1Year
Current Tax Year	7274	CurrentTaxYear
Total	2821779	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	200174	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1894207	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	400000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	320124	CurrentTaxYearMinus1Year
Current Tax Year	7274	CurrentTaxYear
Total	2821779	Total

Field	Value	IRS element (for citing)
Public Support Total170	2821779	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	110987	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	58995	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13745	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	25480	CurrentTaxYearMinus1Year
Current Tax Year	22637	CurrentTaxYear
Total	231844	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29021	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1879	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1142	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2833	CurrentTaxYearMinus1Year
Total	34875	Total

Field	Value	IRS element (for citing)
Total Support	3088498	TotalSupport
Public Support Pertcentage170	0.91360	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.60040	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	60823	OtherCostOrOtherBasis
Depreciation	42342	Depreciation
Book Value	18481	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	18481	TotalOfBookValueLandBuildings

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (6 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
CENTRAL AMERICA	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	31138
EAST ASIA	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	125730
EUROPE	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	22793
SOUTH AMERICA	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	62154
SOUTH ASIA	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	307112
AFRICA	PROGRAM SERVICES	SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS	470405

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	1019332	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	1019332	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	MONIQUE COHEN	NamePerson
Base Compensation Filing Org	171200	BaseCompensationFilingOrg
Comp Based On Related Orgs	0	CompBasedOnRelatedOrgs
Bonus Filing Org	0	BonusFilingOrg
Bonus Related Orgs	0	BonusRelatedOrgs
Other Compensation Filing Org	0	OtherCompensationFilingOrg
Other Compensation Related Orgs	0	OtherCompensationRelatedOrgs
Deferred Comp Filing Org	0	DeferredCompFilingOrg
Deferred Comp Related Orgs	0	DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org	5992	NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs	0	NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org	177192	TotalCompensationFilingOrg
Total Compensation Related Orgs	0	TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org	0	CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs	0	CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation
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 ON GUIDESTAR.ORG
FORM 990, PART I AND X	MFO'S FINANCIALS SHOW A LOSS FOR 2011 AND 2010 DUE TO RELEASES ON RESTRICTIONS FOR MULTI-YEAR GRANT AWARDS RECOGNIZED IN PRIOR YEARS. AS MFO SPENDS FUNDS FROM THOSE GRANTS, THE AMOUNT IS SHOWN AS A RELEASE FROM RESTRICTIONS. THE UNRESTRICTED CHANGE IN NET ASSETS IS A POSITIVE AMOUNT SHOWING THAT MANAGEMENT IS APPROPRIATELY MONITORING EXPENSES BASED ON THE CONTRACT AND GRANT REVENUE. MFO COMPLETED SEVERAL MULTI-YEAR CONTRACTS IN 2011, RELEASING THE REMAINING FUNDS IN RESTRICTED ASSETS. STARTING IN 2011, MFO HAS MORE CONDITIONAL GRANTS AND THUS REVENUE WILL BE RECOGNIZED IN THE SAME PERIOD THE RELATED EXPENSES ARE INCURRED, THUS PRESENTING A MUCH MORE ACCURATE PICTURE OF MFO'S FINANCIAL POSITION.