Accion
Accion
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About this organization
Mission
Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of — or poorly served by — the financial sector. For nearly 60 years, Accion has helped tens of millions of people through its work with more than 160 partners in 55 countries.
About
See schedule O
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “To give people the financial tools they need to improve their lives.”.
Their activities were defined as: “Accion combines decades of experience with insights into emerging technologies to build a financially inclusive world and promote economic activity for all.”.
- As per legal requirements, the non-profit's state of operation is reported as NY.
- The non-profit's address in 2020 as per the filing is 10 FAWCETT STREET STE 204, Cambridge, MA, 02138.
- The form of the non-profit organization shows 131 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$7,852,902.
- The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 12 independent voting members.
- The organization was formed in 1965.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $15,905,137 in salary, compensation, and benefits to its employees.
- The organization pays $1,806,632 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.