MOJALOOP FOUNDATION INC

WAKEFIELD, MA, 01880-6200 (781) 246-0500 Est. 2020 EIN 85-0922903
Q33 - International Relief 990 - Public charity return 501(c)(3)
mojaloop.io/foundation

Mission

OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL.

Financials

Total Revenue
$5,455,729
Total Expenses
$4,489,624
Net Assets
$5,161,993
50 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
13.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 0.7%
Expenses ↑ 36.1%
Revenue Sources
Contributions 89.1% Earned revenue 10.2% Investment 0.7%
Expense Breakdown
Program 79.7% Management 15.7% Fundraising 4.6%

Officers & Key Employees (6)

Individual compensation is available on Grow plans.

Grants Received (14)

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Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$5,455,729 ↑$4,489,624$5,161,993
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,419,121 ↑$3,298,876$4,195,888
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$3,052,293 ↑$2,558,965$2,075,643
2020 990 - Public charity return
Apr 30, 2020 to Dec 31, 2020
$1,605,721 $833,444$772,277

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EIN: 85-0922903 · Source: IRS Form 990 e-file data