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Employer Identification Number 75-3146348

MICROCREDIT FOUNDATION INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MICROCREDIT FOUNDATION INC
Employer identification number (EIN):75-3146348
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementSCHEDULE OTHE FOUNDATION WORKS TO ALLEVIATE POVERTY BY FUNDING MICROFINANCE INSTITUTIONS, EDUCATION PROGRAMS AND BUSINESS DEVELOPMENT SERVICES FOR IMPOVERISHED PEOPLE OUTSIDE OF THE UNITED STATES.
Number of Employees0
Number of Volunteers0
Year Formed2003

Organization Governance

Legal DomicileFL
Voting Members - Governing Body2
Voting Members - Independent2

Organization Financials

2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,705
Investment Income from current yearUSD $ 32
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 32
Net assets / fund balances at end of fiscal yearUSD $ 197,632
Net assets / fund balances at beginning of fiscal yearUSD $ 209,193
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 378,634
Total assets at beginning of fiscal yearUSD $ 390,195
Revenues less expenses for current yearUSD $ -4,070
Revenues less expenses for previous yearUSD $ -11,297
Total expenses for current yearUSD $ 4,102
Total expenses for previous yearUSD $ 13,002
Other expenses in current yearUSD $ 4,102
Other expenses in previous yearUSD $ 13,002
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 32
Total revenue in previous fiscal yearUSD $ 1,705
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 7,628
Investment Income from current yearUSD $ 1,705
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,705
Net assets / fund balances at end of fiscal yearUSD $ 209,193
Net assets / fund balances at beginning of fiscal yearUSD $ 564,036
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 390,195
Total assets at beginning of fiscal yearUSD $ 745,038
Revenues less expenses for current yearUSD $ -11,297
Revenues less expenses for previous yearUSD $ -571
Total expenses for current yearUSD $ 13,002
Total expenses for previous yearUSD $ 8,199
Other expenses in current yearUSD $ 13,002
Other expenses in previous yearUSD $ 8,199
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,705
Total revenue in previous fiscal yearUSD $ 7,628
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -23,294
Investment Income from current yearUSD $ 7,628
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 7,628
Net assets / fund balances at end of fiscal yearUSD $ 564,036
Net assets / fund balances at beginning of fiscal yearUSD $ 564,607
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 745,038
Total assets at beginning of fiscal yearUSD $ 745,609
Revenues less expenses for current yearUSD $ -571
Revenues less expenses for previous yearUSD $ -25,881
Total expenses for current yearUSD $ 8,199
Total expenses for previous yearUSD $ 2,587
Other expenses in current yearUSD $ 8,199
Other expenses in previous yearUSD $ 2,587
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,628
Total revenue in previous fiscal yearUSD $ -23,294
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 504
Investment Income from current yearUSD $ -23,294
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 4,925
Net assets / fund balances at end of fiscal yearUSD $ 564,607
Net assets / fund balances at beginning of fiscal yearUSD $ 590,488
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 745,609
Total assets at beginning of fiscal yearUSD $ 771,490
Revenues less expenses for current yearUSD $ -25,881
Revenues less expenses for previous yearUSD $ -4,602
Total expenses for current yearUSD $ 2,587
Total expenses for previous yearUSD $ 5,106
Other expenses in current yearUSD $ 2,587
Other expenses in previous yearUSD $ 5,106
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ -23,294
Total revenue in previous fiscal yearUSD $ 504
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 126
Investment Income from current yearUSD $ 504
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 504
Net assets / fund balances at end of fiscal yearUSD $ 590,488
Net assets / fund balances at beginning of fiscal yearUSD $ 595,090
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 771,490
Total assets at beginning of fiscal yearUSD $ 776,092
Revenues less expenses for current yearUSD $ -4,602
Revenues less expenses for previous yearUSD $ 1,625
Total expenses for current yearUSD $ 5,106
Total expenses for previous yearUSD $ 8,501
Other expenses in current yearUSD $ 5,106
Other expenses in previous yearUSD $ 8,501
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 504
Total revenue in previous fiscal yearUSD $ 10,126
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 10,000
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 12
Investment Income from current yearUSD $ 126
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 10,126
Net assets / fund balances at end of fiscal yearUSD $ 595,090
Net assets / fund balances at beginning of fiscal yearUSD $ 593,465
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 776,092
Total assets at beginning of fiscal yearUSD $ 774,467
Revenues less expenses for current yearUSD $ 1,625
Revenues less expenses for previous yearUSD $ -3,732
Total expenses for current yearUSD $ 8,501
Total expenses for previous yearUSD $ 3,744
Other expenses in current yearUSD $ 8,501
Other expenses in previous yearUSD $ 3,744
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 10,126
Total revenue in previous fiscal yearUSD $ 12
Contributions and grants from current yearUSD $ 10,000
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 14
Investment Income from current yearUSD $ 12
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 12
Net assets / fund balances at end of fiscal yearUSD $ 593,465
Net assets / fund balances at beginning of fiscal yearUSD $ 597,197
Total liabilities at end of fiscal yearUSD $ 181,002
Total liabilities at beginning of fiscal yearUSD $ 181,003
Total assets at end of fiscal yearUSD $ 774,467
Total assets at beginning of fiscal yearUSD $ 778,200
Revenues less expenses for current yearUSD $ -3,732
Revenues less expenses for previous yearUSD $ -8,322
Total expenses for current yearUSD $ 3,744
Total expenses for previous yearUSD $ 8,336
Other expenses in current yearUSD $ 3,744
Other expenses in previous yearUSD $ 8,336
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12
Total revenue in previous fiscal yearUSD $ 14
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 12
Investment Income from current yearUSD $ 14
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 14
Net assets / fund balances at end of fiscal yearUSD $ 597,197
Net assets / fund balances at beginning of fiscal yearUSD $ 605,519
Total liabilities at end of fiscal yearUSD $ 181,003
Total liabilities at beginning of fiscal yearUSD $ 181,002
Total assets at end of fiscal yearUSD $ 778,200
Total assets at beginning of fiscal yearUSD $ 786,521
Revenues less expenses for current yearUSD $ -8,322
Revenues less expenses for previous yearUSD $ -7,897
Total expenses for current yearUSD $ 8,336
Total expenses for previous yearUSD $ 7,909
Other expenses in current yearUSD $ 8,336
Other expenses in previous yearUSD $ 7,909
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 14
Total revenue in previous fiscal yearUSD $ 12
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 753146348

USA Mailing Address
C/O TAX DEPT 10350 BREN RD W
MINNETONKA
MN
55343
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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