MOJALOOP FOUNDATION INC

MOJALOOP FOUNDATION INC

Wakefield, MA, US
501(c)3
EIN
85-0922903

MOJALOOP FOUNDATION INC

Wakefield, MA, US
501(c)3
EIN
85-0922903

Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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MOJALOOP FOUNDATION INC is a nonprofit organization dedicated to increasing financial inclusion through the empowerment of organizations that create interoperable payment systems for digital financial services. With an operating budget of $4.5 million and total revenue of $5.5 million for the 2024 filing year, the foundation relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. The organization focuses on the cause areas of forestry and international development, and more information can be found on their website at MOJALOOP.IO/FOUNDATION.

Mission Statement

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

$5.5M

Expenses

$4.5M

Net Income:
+$966.1K
Assets

$5.6M

Liabilities

$391.3K

Net Assets:
+$5.2M
Operating Budget

$4.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$3M
Largest grant received
$4M
M
Miller Abel
Board Member
A
Adama Diallo
Board Member
K
Konstantin Peric
Board Member

Frequently Asked Questions

What is MOJALOOP FOUNDATION INC’s budget?
In 2024, MOJALOOP FOUNDATION INC reported an annual operating budget of around $4.5 million. More detailed financial information is available to registered users.
What causes does MOJALOOP FOUNDATION INC support?
MOJALOOP FOUNDATION INC supports work in Forestry and International development.
Where does MOJALOOP FOUNDATION INC operate?
MOJALOOP FOUNDATION INC is headquartered in Wakefield, MA.
Who funded MOJALOOP FOUNDATION INC recently?
In 2024, MOJALOOP FOUNDATION INC received grants from BILL & MELINDA GATES FOUNDATION, GLOBAL IMPACT, and BILL & MELINDA GATES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MOJALOOP FOUNDATION INC received in 2024?
The largest grant to MOJALOOP FOUNDATION INC in 2024 exceeds $4 million.
Overview
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