Microfinance Opportunities Inc

Cambridge, MA
Tax-exempt since Aug. 2002
EIN: 30-0075787

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Education N.E.C. (NTEE)

Donations to this organization are tax deductible.

Revenue

$157k (2023)

Expenses

$302k (2023)

Total Assets

$18.8k (2023)

Total Liabilities

$1.23k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$156,708

Expenses

$302,364

Net Income

-$145,656

Net Assets

$17,612

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$12,615	8.1%
Program Services	$144,093	91.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,000	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$43,363	14.3%

Assets/Debt
Total Assets	$18,839
Total Liabilities	$1,227
Net Assets	$17,612

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Stuart (Executive Director)	$1,000	$0	$0
Elizabeth Keating (Board Chair)	$0	$0	$0
Eric Bell (President)	$0	$0	$0
James Pickup (Director)	$0	$0	$0
Larry Reed (Director)	$0	$0	$0

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990

Filed on Nov. 11, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$634,787

Expenses

$940,206

Net Income

-$305,419

Net Assets

$163,268

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$56,983	9.0%
Program Services	$576,205	90.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,599	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,768	8.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$42,219	4.5%

Assets/Debt
Total Assets	$221,751
Total Liabilities	$58,483
Net Assets	$163,268

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Stuart (Executive Director)	$77,218	$0	$5,154
David Lesser (Secretary)	$41,770	$0	$8,298
Elizabeth Keating (Board Chair)	$0	$0	$0
Eric Bell (President)	$0	$0	$0
James Pickup (Board Member)	$0	$0	$0
Larry Reed (Board Member)	$0	$0	$0

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990

Filed on Nov. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,122,971

Expenses

$849,589

Net Income

$273,382

Net Assets

$468,687

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$606,984	54.1%
Program Services	$515,899	45.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$88	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$86,396	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$48,709	5.7%

Assets/Debt
Total Assets	$504,757
Total Liabilities	$36,070
Net Assets	$468,687

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Stuart (Executive Director)	$86,396	$0	$26,756
Elizabeth Keating (Chair Of The Board)	$0	$0	$0
Eric Bell (Board Member)	$0	$0	$0
James Pickup (Board Member)	$0	$0	$0
Larry Reed (Board Member)	$0	$0	$0
Mark Fagan (Board Member)	$0	$0	$0

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990

Filed on Oct. 6, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$624,964

Expenses

$498,097

Net Income

$126,867

Net Assets

$195,305

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$481,836	77.1%
Program Services	$142,393	22.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$735	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$46,597	9.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$57,875	11.6%

Assets/Debt
Total Assets	$201,158
Total Liabilities	$5,853
Net Assets	$195,305

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Stuart (Executive Director)	$46,597	$0	$19,109
Elizabeth Keating (Chair Of The Board)	$0	$0	$0
Eric Bell (Board Member)	$0	$0	$0
James Pickup (Board Member)	$0	$0	$0
Larry Reed (Board Member)	$0	$0	$0
Mark Fagan (Board Member)	$0	$0	$0

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990

Filed on Oct. 27, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$372,171

Expenses

$517,614

Net Income

-$145,443

Net Assets

$68,438

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15	0.0%
Program Services	$372,156	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$52,669	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$66,263	12.8%

Assets/Debt
Total Assets	$75,204
Total Liabilities	$6,766
Net Assets	$68,438

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$706,555

Expenses

$555,142

Net Income

$151,413

Net Assets

$213,881

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$706,117	99.9%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$438	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$69,050	12.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$146,110	26.3%

Assets/Debt
Total Assets	$221,566
Total Liabilities	$7,685
Net Assets	$213,881

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$867,957

Expenses

$934,174

Net Income

-$66,217

Net Assets

$62,468

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$100	0.0%
Program Services	$867,822	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$35	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$113,500	12.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$247,831	26.5%

Assets/Debt
Total Assets	$74,984
Total Liabilities	$12,516
Net Assets	$62,468

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$1,043,058

Expenses

$928,157

Net Income

$114,901

Net Assets

$128,685

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$100	0.0%
Program Services	$1,042,651	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$307	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$74,497	8.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$233,090	25.1%

Assets/Debt
Total Assets	$142,167
Total Liabilities	$13,482
Net Assets	$128,685

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$726,814

Expenses

$771,693

Net Income

-$44,879

Net Assets

$13,784

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,548	0.4%
Program Services	$717,822	98.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$259	0.0%
Net Inventory Sales	$0
Other Revenue	$6,185	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$122,499	15.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$247,623	32.1%

Assets/Debt
Total Assets	$29,407
Total Liabilities	$15,623
Net Assets	$13,784

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,108,634

Expenses

$1,225,951

Net Income

-$117,317

Net Assets

$58,663

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$504,438	45.5%
Program Services	$602,337	54.3%
Investment Income	$112	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$181	0.0%
Net Inventory Sales	$0
Other Revenue	$1,566	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$128,200	10.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$432,192	35.3%

Assets/Debt
Total Assets	$131,353
Total Liabilities	$72,690
Net Assets	$58,663

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,548,328

Expenses

$1,541,849

Net Income

$6,479

Net Assets

$175,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$839,320	54.2%
Program Services	$702,699	45.4%
Investment Income	$714	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$5,595	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$160,870	10.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$402,900	26.1%

Assets/Debt
Total Assets	$532,501
Total Liabilities	$356,521
Net Assets	$175,980

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Guy Stuart (Executive Director)	$145,000	$0	$0
Charles Raymond (Chair)	$0	$0	$0
Dana De Kanter (Chair)	$0	$0	$0
Jim Pickup (Director)	$0	$0	$0
Brigit Helms (Director)	$0	$0	$0
Larry Reed (Director)	$0	$0	$0
Eric Bell (Director)	$0	$0	$0

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990

Filed on Nov. 5, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$1,564,357

Expenses

$1,792,553

Net Income

-$228,196

Net Assets

$169,501

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,141,976	73.0%
Program Services	$418,088	26.7%
Investment Income	$2,568	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,725	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$333,194	18.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$438,501	24.5%

Assets/Debt
Total Assets	$1,334,209
Total Liabilities	$1,164,708
Net Assets	$169,501

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,401,985

Expenses

$2,967,816

Net Income

-$1,565,831

Net Assets

$469,580

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,274	0.5%
Program Services	$1,372,074	97.9%
Investment Income	$10,637	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$12,000	0.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$177,192	6.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$798,708	26.9%

Assets/Debt
Total Assets	$2,053,441
Total Liabilities	$1,583,861
Net Assets	$469,580

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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Updated March 11, 2025

Microfinance Opportunities Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $157k (2023)

Expenses $302k (2023)

Total Assets $18.8k (2023)

Total Liabilities $1.23k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

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Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$157k (2023)

Expenses

$302k (2023)

Total Assets

$18.8k (2023)

Total Liabilities

$1.23k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002