2012-08-14T14:41:58-05:00 2011-12-31 541487262 MATTHEWS CARTER & BOYCE 11320 RANDOM HILLS ROAD SUITE 600 FAIRFAX VA 22030 990 2011-01-01 300075787 MICROFINANCE OPPORTUNITIES MICR 2027210050 1701 K STREET NW NO 650 WASHINGTON DC 20006 MONIQUE COHEN 2027210050 2012-08-14 1 KATHLEEN M FLAHERTY P00969957 7032183600 2011 2016-02-24 21:20:13Z MONIQUE COHEN 1701 K STREET NW NO 650 WASHINGTON DC 20006 1401985 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. 9 8 18 8 0 0 320124 7274 1274076 1372074 11080 10637 17233 12000 1622513 1401985 0 0 0 0 1174881 1156073 0 0 106515 1717539 1811743 2892420 2967816 -1269907 -1565831 2401282 2053441 365871 1583861 2035411 469580 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 1491957 1030763 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. 809176 288737 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. 120214 52574 MICROFINANCE OPPORTUNITIES PROMOTES THE DEVELOPMENT OF CLIENT RISK MANAGEMENT FINANCIAL PRODUCTS WHICH WILL REDUCE THE VULNERABILITY OF LOW-INCOME HOUSEHOLDS. 2421347 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 2027210050 1701 K STREET NW SUITE 650 WASHINGTON DC 20006 CHARLES RAYMOND 2.00 X X 0 0 0 DANA DE KANTER 2.00 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 171200 0 5992 STEPHANIE FISCHER 50.00 X 73437 0 6494 LESLIE BARCUS 50.00 X 110000 0 6272 KELLY GARDNER 50.00 X 74488 0 7459 429125 0 26217 2 0 1 0 GUY STUART 8 FLORENCE STREET CAMBRIDGE MA 02139 RESEARCH CONSULTANT 150190 1 7274 7274 CONTRACT INCOME 900099 1367998 1367998 PUBLICATION INCOME 511190 3576 3576 HONORARIUM 900099 500 500 1372074 10637 10637 12000 0 12000 12000 12000 1401985 1372074 0 22637 177192 120551 43961 12680 798708 545895 194997 57816 22491 15662 5148 1681 80392 45129 32015 3248 77290 56192 16915 4183 25645 25645 1110801 1102383 1120 7298 55018 25893 27231 1894 15017 10537 3665 815 204184 171391 19567 13226 285336 256982 27930 424 18141 13787 1104 3250 9341 9341 16357 16357 PROJECT PUBLICATIONS 37866 37866 MEETING LOGISTICS 14843 14760 83 GRANTS RESCINDED 14033 14033 PROJECT SUPPLIES 5161 4319 842 2967816 2421347 439954 106515 29148 1166055 1818839 718785 522376 142142 641 4630 60823 42342 26930 18481 3348 3348 2401282 2053441 104920 35210 226220 1548651 34731 0 365871 1583861 X 549095 469580 1486316 0 2035411 469580 2401282 2053441 -1565831 0 X X 0 0 0 X 200174 1894207 400000 320124 7274 2821779 200174 1894207 400000 320124 7274 2821779 2821779 110987 58995 13745 25480 22637 231844 29021 1879 1142 2833 34875 3088498 0.91360 0.60040 X 60823 42342 18481 18481 CENTRAL AMERICA 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 31138 EAST ASIA 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 125730 EUROPE 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 22793 SOUTH AMERICA 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 62154 SOUTH ASIA 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 307112 AFRICA 0 0 PROGRAM SERVICES SERVICES TO LOW INCOME HOUSEHOLDS AND MFIS 470405 0 0 0 0 0 0 1019332 0 1019332 0 0 0 0 0 0 X X 0 0 0 0 0 0 0 0 0 MONIQUE COHEN 171200 0 0 0 0 0 0 0 5992 0 177192 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 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.