Nonprofit screen
Screen a listMicrofinance Information Exchange Inc
Can you give?
Not found in the IRS listing files.
Reliance under Rev. Proc. 2018-32 does not reach an organization until it is listed.
- IRS listing
- Not listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Not stated
$2.0Mrevenue
FY2020 · −38% in 3 yrs7staff
4 of 4years filed
’17’18’19’20
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2020 · $2.1M spent
Programs$1.7M81%Management and general$357k17%Fundraising$35k2%990 FY2020 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2020
Visa Foundation gave $300k in FY2020, 15% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$292k in FY2018, −$465k in FY2019 and −$39k in FY2020. Cash covers 1.9 months.
990 Part I and balance sheetIn its favor1
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VI6funders
$237ka year, last 3 years
42%from its largest funder
Funder’17’18’19’20Visa FoundationNew in FY2020$300kGates FoundationStopped after FY2019$120k$140k–Mastercard FoundationOn and off$250kS&P Global Foundation Fka the McGraw-Hill Research FoundationOn and off$60kThe Ford FoundationOn and off$50kDonor-advised giftsDonors not disclosed$100k
FundedThrough a donor-advised fundStopped